Analysis of the Footwear Parts Market Size Value Per Capita in Thailand reveals a generally fluctuating trend over the past decade. The value in Percent US Dollars Per Capita showed a decline from 2012 to 2014, followed by recovery and oscillation in the subsequent years. From 2015 to 2017, the market experienced growth, peaking in 2017. However, a significant dip occurred in 2019 and 2020, with mild recovery noticed in 2021 and 2022. As of 2023, the value is not yet disclosed.
Year-on-year variation over the past two years indicates a stable pattern with minimal changes, reflecting a 0.5% decrease in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at approximately -0.9%, suggesting an overall slight decrease from 2018 levels.
Future trends to watch for include potential market stabilization or growth driven by increasing consumer demand, innovations in footwear technology, and economic recovery post-COVID. Shifts in consumer preference towards sustainable and eco-friendly products may also influence market dynamics.
| # | 23 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 19.49 | 2023 | View data | ||
| 2 | 2 Netherlands | 11.83 | 2023 | View data | ||
| 3 | 3 Spain | 11.52 | 2023 | View data | ||
| 4 | 4 Switzerland | 9.27 | 2023 | View data | ||
| 5 | 5 France | 7.84 | 2023 | View data | ||
| 15 | 15 Denmark | 4.24 | 2023 | View data | ||
| 16 | 16 New Zealand | 4.05 | 2023 | View data | ||
| 17 | 17 Thailand | 2.09 | 2023 | |||
| 18 | 18 Poland | 1.73 | 2023 | View data | ||
| 19 | 19 Peru | 1.2 | 2023 | View data | ||