Middle East And Africa Footwear Market
Middle East and Africa Footwear Market, By Type (Athletic, Non-Athletic); By End User (Men, Women, Children); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: October 2024
- Report ID: BWC24767
- Available Format: PDF
- Page: 265
Report Overview
Growing fashion awareness among expanding young population across the region, rising disposable incomes, deepening penetration of e-commerce sector, and the adoption of Western lifestyles are expected to drive Middle East and Africa Footwear Market during the forecast period between 2024 and 2030.Middle East and Africa Footwear Market – Industry Trends & Forecast Report, 2030
Middle East and Africa Footwear Market size by value was estimated at USD 23.48 billion in 2023. During the forecast period between 2024 and 2030, Middle East and Africa Footwear Market size is expected to expand at a CAGR of 3.80% reaching a value of USD 30.37 billion by 2030. Middle East and Africa Footwear Market is driven by several factors, including rising disposable incomes, increasing awareness of fashion trends, and a growing preference for premium, high-quality shoes. The proliferation of e-commerce and mobile internet connectivity has also boosted online footwear sales. Additionally, the region's youthful population and their inclination towards trendy and comfortable footwear contribute significantly to market growth. Urbanization and the adoption of Western lifestyles further propel the demand for diverse footwear options.
Footwear – Overview
Footwears are worn on the feet, designed primarily for protection, comfort, and style. It includes a wide range of products, such as shoes, boots, sandals, sneakers, and slippers. Footwear serves various purposes, from providing stability and cushioning during activities like walking and running to offering protection against environmental elements. The industry is driven by fashion trends, technological advancements, and the growing demand for specialized and eco-friendly options.
Middle East and Africa Footwear Market
Growth Drivers
Rising Disposable Income
Middle East and Africa Footwear Market is significantly driven by rising disposable incomes. As consumers' purchasing power increases, there is a higher demand for premium and branded footwear. This economic growth allows more people to spend on fashion and quality, leading to a surge in sales of diverse footwear options. Additionally, the growing middle class in the region is more inclined to invest in stylish and comfortable shoes, further propelling expansion of Middle East and Africa Footwear Market.
Challenges
Changing Consumer Preferences
Middle East and Africa Footwear Market faces challenges, due to changing consumer preferences. Shifts toward more affordable and non-branded options are impacting sales of premium footwear. Additionally, the rise of fast fashion and the demand for trendy, low-cost shoes are causing fluctuations in market stability. These evolving preferences require brands to continuously adapt their offerings, which can strain resources and affect long-term growth strategies.
Impact of Escalating Geopolitical Tensions on Middle East and Africa Footwear Market
Intensifying and further spreading of geopolitical tensions among countries across the Middle East and Africa could adversely affect the growth of Footwear Market. Disruptions in supply chains due to conflicts could lead to delays and increased costs for raw materials and finished products. Additionally, heightened instability could deter foreign investments and reduce consumer spending as economic uncertainty rises. Currency fluctuations and inflation driven by geopolitical unrest can further strain the market. Moreover, trade restrictions and sanctions may limit market access and complicate logistics. Overall, these factors can hinder market growth and affect the availability and affordability of footwear in the region.
Middle East and Africa Footwear Market
Segmental Information
Middle East and Africa Footwear Market – By Type
By type, Middle East and Africa Footwear Market is divided into Athletic and Non-Athletic segments. The non-athletic segment is a larger contributor to the growth of Middle East and Africa Footwear Market. This dominance is due to the high demand for casual, formal, and fashion footwear driven by lifestyle trends, cultural preferences, and a growing urban population. Non-athletic footwear includes a variety of designs like sandals, boots, and dress shoes, appealing to a broad consumer base. In contrast, the athletic segment, while growing, remains smaller due to its more niche and performance-focused appeal.
Middle East and Africa Footwear Market – By Country
By country, Middle East and Africa Footwear Market is divided into Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and Rest of MEA. Saudi Arabia is the largest in Middle East and Africa (MEA) Footwear Market. The dominance is driven by a strong demand for luxury and branded footwear, a growing population, and a high standard of living. The market benefits from increasing consumer spending on fashion and lifestyle products. The UAE and South Africa also play significant roles due to their well-developed retail sectors and a rising interest in athleisure footwear, but Saudi Arabia remains the dominant segment within the region.
Competitive Landscape
Key players in the highly competitive Middle East and Africa Footwear Market include Bata Shoes, Almarai, Al Salam Group, Al Ghandi Group, Al Futtaim Group, Al Tayer Group, Al Rajhi Group, Al Nahda Group, Al Gurg Group, and Other Prominent Players. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA |
Product/Service Segmentation |
Type, End User, Country |
Key Players |
Bata Shoes, Almarai, Al Salam Group, Al Ghandi Group, Al Futtaim Group, Al Tayer Group, Al Rajhi Group, Al Nahda Group, Al Gurg Group |
By Type
-
Athletic
-
Non-Athletic
By End User
-
Men
-
Women
-
Children
By Country
-
Saudi Arabia
-
UAE
-
Qatar
-
Kuwait
-
South Africa
-
Nigeria
-
Algeria
-
Rest Of MEA
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Middle East and Africa Footwear Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Disposable Income
- Urbanization and Lifestyle Changes
- E-commerce Growth
- Restraints
- Changing Consumer Preferences
- Ethical and Sustainability Concerns
- Opportunities
- Increasing Fashion Consciousness
- Innovative New Designs
- Challenges
- Economic Fluctuations
- Counterfeit Products
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Middle East and Africa Footwear Market: Marketing Strategies
- Middle East and Africa Footwear Market: Pricing Analysis
- Middle East and Africa Footwear Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type
- Athletic
- Non-Athletic
- By End User
- Men
- Women
- Children
- By Country
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- South Africa
- Nigeria
- Algeria
- Rest of MEA
- By Type
- Market Size & Forecast, 2019–2030
- Saudi Arabia Footwear Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Size & Forecast, 2019–2030
- UAE Footwear Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Size & Forecast, 2019–2030
- Qatar Footwear Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Size & Forecast, 2019–2030
- Kuwait Footwear Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Size & Forecast, 2019–2030
- South Africa Footwear Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Size & Forecast, 2019–2030
- Nigeria Footwear Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Size & Forecast, 2019–2030
- Algeria Footwear Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Size & Forecast, 2019–2030
- Rest of MEA Footwear Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type
- By End User
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- Middle East and Africa Footwear Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Middle East and Africa Footwear Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Bata Shoes
- Almarai
- Al Salam Group
- Al Ghandi Group
- Al Futtaim Group
- Al Tayer Group
- Al Rajhi Group
- Al Nahda Group
- Al Gurg Group
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Middle East and Africa Footwear Segmentation
Figure 2 Middle East and Africa Footwear Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Middle East & Africa Footwear Market Size, By Value (USD Million), 2019–2030
Figure 5 Middle East & Africa Footwear Market Share, By Type , By Value, 2019–2030
Figure 6 Middle East & Africa Footwear Market Share, By End User, By Value, 2019–2030
Figure 7 Middle East & Africa Footwear Market Share, By Country, By Value, 2019–2030
Figure 8 Saudi Arabia Footwear Market Size, By Value (USD Million), 2019–2030
Figure 9 Saudi Arabia Footwear Market Share, By Type , By Value, 2019–2030
Figure 10 Saudi Arabia Footwear Market Share, By End User, By Value, 2019–2030
Figure 11 UAE Footwear Market Size, By Value (USD Million), 2019–2030
Figure 12 UAE Footwear Market Share, By Type , By Value, 2019–2030
Figure 13 UAE Footwear Market Share, By End User, By Value, 2019–2030
Figure 14 Qatar Footwear Market Size, By Value (USD Million), 2019–2030
Figure 15 Qatar Footwear Market Share, By Type , By Value, 2019–2030
Figure 16 Qatar Footwear Market Share, By End User, By Value, 2019–2030
Figure 17 Kuwait Footwear Market Size, By Value (USD Million), 2019–2030
Figure 18 Kuwait Footwear Market Share, By Type , By Value, 2019–2030
Figure 19 Kuwait Footwear Market Share, By End User, By Value, 2019–2030
Figure 20 South Africa Footwear Market Size, By Value (USD Million), 2019–2030
Figure 21 South Africa Footwear Market Share, By Type , By Value, 2019–2030
Figure 22 South Africa Footwear Market Share, By End User, By Value, 2019–2030
Figure 23 Nigeria Footwear Market Size, By Value (USD Million), 2019–2030
Figure 24 Nigeria Footwear Market Share, By Type , By Value, 2019–2030
Figure 25 Nigeria Footwear Market Share, By End User, By Value, 2019–2030
Figure 26 Algeria Footwear Market Size, By Value (USD Million), 2019–2030
Figure 27 Algeria Footwear Market Share, By Type , By Value, 2019–2030
Figure 28 Algeria Footwear Market Share, By End User, By Value, 2019–2030
Figure 29 Rest of MEA Footwear Market Size, By Value (USD Million), 2019–2030
Figure 30 Rest of MEA Footwear Market Share, By Type , By Value, 2019–2030
Figure 31 Rest of MEA Footwear Market Share, By End User, By Value, 2019–2030
List of Tables
Table 1 Middle East & Africa Footwear Market Size, By Value (USD Million), 2019–2030
Table 2 Middle East & Africa Footwear Market Size, By Type , By Value, 2019–2030
Table 3 Middle East & Africa Footwear Market Size, By End User, By Value, 2019–2030
Table 4 Middle East & Africa Footwear Market Size, By Country, By Value, 2019–2030
Table 5 Saudi Arabia Footwear Market Size, By Value (USD Million), 2019–2030
Table 6 Saudi Arabia Footwear Market Size, By Type , By Value, 2019–2030
Table 7 Saudi Arabia Footwear Market Size, By End User, By Value, 2019–2030
Table 8 UAE Footwear Market Size, By Value (USD Million), 2019–2030
Table 9 UAE Footwear Market Size, By Type , By Value, 2019–2030
Table 10 UAE Footwear Market Size, By End User, By Value, 2019–2030
Table 11 Qatar Footwear Market Size, By Value (USD Million), 2019–2030
Table 12 Qatar Footwear Market Size, By Type , By Value, 2019–2030
Table 13 Qatar Footwear Market Size, By End User, By Value, 2019–2030
Table 14 Kuwait Footwear Market Size, By Value (USD Million), 2019–2030
Table 15 Kuwait Footwear Market Size, By Type , By Value, 2019–2030
Table 16 Kuwait Footwear Market Size, By End User, By Value, 2019–2030
Table 17 South Africa Footwear Market Size, By Value (USD Million), 2019–2030
Table 18 South Africa Footwear Market Size, By Type , By Value, 2019–2030
Table 19 South Africa Footwear Market Size, By End User, By Value, 2019–2030
Table 20 Nigeria Footwear Market Size, By Value (USD Million), 2019–2030
Table 21 Nigeria Footwear Market Size, By Type , By Value, 2019–2030
Table 22 Nigeria Footwear Market Size, By End User, By Value, 2019–2030
Table 23 Algeria Footwear Market Size, By Value (USD Million), 2019–2030
Table 24 Algeria Footwear Market Size, By Type , By Value, 2019–2030
Table 25 Algeria Footwear Market Size, By End User, By Value, 2019–2030
Table 26 Rest of MEA Footwear Market Size, By Value (USD Million), 2019–2030
Table 27 Rest of MEA Footwear Market Size, By Type , By Value, 2019–2030
Table 28 Rest of MEA Footwear Market Size, By End User, By Value, 2019–2030
Table 29 Bata Shoes Company Overview
Table 30 Bata Shoes Financial Overview
Table 31 Almarai Company Overview
Table 32 Almarai Financial Overview
Table 33 Al Salam Group Company Overview
Table 34 Al Salam Group Financial Overview
Table 35 Al Ghandi Group Company Overview
Table 36 Al Ghandi Group Financial Overview
Table 37 Al Futtaim Group Company Overview
Table 38 Al Futtaim Group Financial Overview
Table 39 Al Tayer Group Company Overview
Table 40 Al Tayer Group Financial Overview
Table 41 Al Rajhi Group Company Overview
Table 42 Al Rajhi Group Financial Overview
Table 43 Al Nahda Group Company Overview
Table 44 Al Nahda Group Financial Overview
Table 45 Al Gurg Group Company Overview
Table 46 Al Gurg Group Financial Overview
Market Segmentation
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