The import of footwear outer soles and heels of rubber or plastic to Japan shows a declining trend over the forecast period from 2024 to 2028. Starting at 1.3368 million kilograms in 2024, the volume is projected to decrease substantially each year, ending at 0.51132 million kilograms in 2028. This represents a significant year-on-year downward trend.
Comparatively, the import volume was 1.4 million kilograms in 2023, indicating an immediate decline for 2024. The average compound annual growth rate (CAGR) over this period forecasts a clear decrease, suggesting a negative growth trajectory overall.
Future trends to watch include:
- The impact of increasing local production as a response to global supply chain changes.
- Shifts in consumer preferences towards sustainable and locally-produced footwear, diverging from imported products.
- Technological innovations in the footwear industry that could alter material needs.