The Latin America footwear market reached around USD 20.71 Billion in 2023. The market is projected to grow at a CAGR of 3.70% between 2024 and 2032 to reach nearly USD 28.72 Billion by 2032.
In 2023, next to an add-to-cart rate of 13.4%, a cart abandonment rate of 77.3%, and a conversion rate of 3.1%, the eCommerce Benchmark KPIs for Footwear in Norway also consist of an AOV of US$136.3,