The waterproof footwear market covering the ankle but not the knee in Kenya has shown a steady increase in value per capita from $0.33 in 2013 to $0.53 in 2023. Between 2021 and 2023, year-on-year growth was 4.1% and 3.9%, respectively. Over the past five years (2018 to 2023), the compound annual growth rate (CAGR) was approximately 2.9%, indicating consistent market expansion.
Future trends to watch for include:
- Potential market expansion driven by urbanization and increasing interest in outdoor activities.
- Increased demand due to climate change implications and unpredictable weather patterns.
- Consumption influenced by fashion trends and growing awareness of sustainable materials.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 6.98 | 2023 | View data | ||
| 2 | 2 Japan | 4.88 | 2023 | View data | ||
| 3 | 3 Austria | 4.73 | 2023 | View data | ||
| 4 | 4 New Zealand | 4.51 | 2023 | View data | ||
| 5 | 5 France | 3.11 | 2023 | View data | ||
| 10 | 10 Portugal | 1.09 | 2023 | View data | ||
| 11 | 11 China | 1.02 | 2023 | View data | ||
| 12 | 12 Kenya | 0.53 | 2023 | |||
| 13 | 13 Bulgaria | 0.47 | 2023 | View data | ||
| 14 | 14 El Salvador | 0.41 | 2023 | View data | ||
