The waterproof footwear market in Montenegro exhibited a fluctuating trend over the past decade. Starting at $1.486 million in 2013, the market saw variation with a decline by 2015 followed by recovery, peaking at $1.523 million in 2023. Year-on-year changes over recent years showed growth stabilizing, with 2022 and 2023 both under 1% increase. The CAGR over the last five years settled to a modest 0.26%, reflecting a period of slow yet positive growth.
Looking forward, keep an eye on:
- Climate change impacts influencing footwear material demand.
- Technological advancements in waterproof fabric innovations.
- Economic shifts influencing consumer spending habits and preference.
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,681,600,000 | 2023 | +2.19% | +2.39% | View data |
| 2 | 2 Japan | 549,790,000 | 2023 | -4.25% | -8.13% | View data |
| 3 | 3 Italy | 357,300,000 | 2023 | -1.09% | -1.71% | View data |
| 4 | 4 United Kingdom | 319,150,000 | 2023 | -2.01% | -1.03% | View data |
| 5 | 5 France | 314,910,000 | 2023 | -0.85% | -0.39% | View data |
| 24 | 24 El Salvador | 3,798,300 | 2023 | -0.85% | -1.59% | View data |
| 25 | 25 Mauritius | 1,977,700 | 2023 | -0.072% | -1.96% | View data |
| 26 | 26 Montenegro | 1,523,000 | 2023 | +0.79% | +0.26% | |
