Between 2013 and 2023, the Austrian market for footwear with outer soles of rubber or plastics and uppers of leather experienced fluctuations in per capita value, peaking in 2014 and declining steadily since 2015. In 2023, the market value was $121.48 per capita. Year-on-year comparison shows a decrease of 1.28% from 2022 to 2023 and 1.4% from 2021 to 2022. The compound annual growth rate (CAGR) over the last five years indicates a negative trend, reflecting a challenging market environment.
Future trends to watch include consumer preference shifts toward sustainable footwear materials, increasing competition from non-leather footwear, and potential impacts of economic factors affecting consumer spending. Monitoring these factors will be crucial for industry stakeholders to navigate and adapt to evolving market conditions.
How does Austria rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value Per Capita?
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 129.87 | 2023 | View data | ||
| 2 | 2 Austria | 121.48 | 2023 | |||
| 3 | 3 Germany | 119.4 | 2023 | View data | ||
| 4 | 4 France | 118.73 | 2023 | View data | ||
| 5 | 5 Netherlands | 113.94 | 2023 | View data | ||