From 2013 to 2023, Luxembourg saw fluctuations in the per capita value of boots covering the ankle with soles and uppers of rubber or plastics. The value peaked in 2015 at $10.86 but experienced a downward trend, reaching $7.18 in 2023. Between 2022 and 2023, the market declined by 2.7%. The Compound Annual Growth Rate (CAGR) over the past five years (2019-2023) was -0.7% annually.
Future trends to watch for:
- Changing consumer preferences for sustainable and eco-friendly materials.
- Technological advancements in production affecting cost and demand.
- Potential economic factors influencing discretionary spending.
| # | 22 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 25.05 | 2023 | View data | ||
| 2 | 2 Switzerland | 21.75 | 2023 | View data | ||
| 3 | 3 France | 17.48 | 2023 | View data | ||
| 4 | 4 Spain | 15.89 | 2023 | View data | ||
| 5 | 5 Netherlands | 15.13 | 2023 | View data | ||
| 14 | 14 Belgium | 7.96 | 2023 | View data | ||
| 15 | 15 Ireland | 7.26 | 2023 | View data | ||
| 16 | 16 Luxembourg | 7.18 | 2023 | |||
| 17 | 17 Portugal | 7.11 | 2023 | View data | ||
| 18 | 18 New Zealand | 6.33 | 2023 | View data | ||
