Between 2013 and 2023, the market for boots covering the ankle with soles and uppers of rubber or plastics in Spain demonstrated cyclical trends with fluctuations. The market value in 2023 stood at 712.81 million USD. Over the past five years, the calculated compound annual growth rate (CAGR) was 2.55%. Recent years reflected a declining trend with a reduction in market size year-on-year; from 2021 to 2023, it decreased by 1.61% and 1.64%, respectively.
Future trends to watch for include:
- Environmental sustainability driving innovation in recyclable materials.
- A shift in consumer preferences towards eco-friendly products.
- Potential market growth stemming from increased interest in outdoor activities.
- Impact of economic factors, such as inflation, affecting purchasing power.
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,184,900,000 | 2023 | -0.015% | -0.21% | View data |
| 2 | 2 United Kingdom | 859,000,000 | 2023 | -0.12% | +0.85% | View data |
| 3 | 3 Spain | 712,810,000 | 2023 | -1.64% | +2.55% | |
| 4 | 4 Canada | 468,890,000 | 2023 | +0.8% | +1.48% | View data |
| 5 | 5 Netherlands | 265,740,000 | 2023 | -1.63% | -0.83% | View data |
