PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1584610
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1584610
Middle East and Africa Footwear Market, By Type; By End User; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
Middle East and Africa Footwear Market to Grow at Steady CAGR to Touch USD 30.4 Billion by 2030
Middle East and Africa Footwear Market is flourishing due to rising disposable incomes, growing fashion consciousness, rapid urbanization, deepening e-commerce penetration, and an increasing demand for athletic and comfortable footwear styles.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Middle East and Africa Footwear Market size by value at USD 23.48 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Middle East and Africa Footwear Market size 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 rising disposable incomes, urbanization, and a growing young population. Increasing fashion awareness and demand for branded products, coupled with the influence of Western fashion trends, fuel market growth. E-commerce expansion and social media marketing further boost accessibility and visibility of global brands. Additionally, an expanding sports and fitness culture drives demand for athletic footwear, while local manufacturing initiatives and government policies promote domestic production and market diversification.
Opportunity - Increasing Fashion Consciousness
Middle East and Africa Footwear Market is driven by rising disposable incomes, urbanization, and a growing young population. Increasing fashion awareness and demand for branded products, coupled with the influence of Western fashion trends, fuel market growth. E-commerce expansion and social media marketing further boost accessibility and visibility of global brands. Additionally, an expanding sports and fitness culture drives demand for athletic footwear, while local manufacturing initiatives and government policies promote domestic production and market diversification.
Impact of Escalating Geopolitical Tensions on Middle East and Africa Footwear Market
Escalating geopolitical tensions could negatively impact Middle East and Africa Footwear Market. Tensions between countries disrupt supply chains, as conflicts could lead to delays and increased costs for raw materials and finished products. Heightened political and economic instability could deter foreign investments and reduce consumer spending as economic uncertainty rises. Currency fluctuations and inflation driven by geopolitical unrest could further strain the market growth. Moreover, trade restrictions and sanctions may limit market access and complicate logistics. Overall, intensifying geopolitical tensions could affect Middle East and Africa Footwear Market.
Men Footwear Is Leading End User Segment
Men footwear segment is the largest end user of Middle East and Africa Footwear Market. The segment's dominance is driven by a high demand for a variety of styles, including formal, casual, and sports shoes, catering to a diverse consumer base. Additionally, the growing interest in branded and premium footwear, along with the rising fashion-consciousness among men in the region, contributes to men end user segment's leadership in the market. Women and children segments follow closely behind.
Competitive Landscape
Middle East and Africa Footwear Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Bata Shoes, Almarai, Al Salam Group, Al Ghandi Group, Al Futtaim Group, Al Tayer Group, Al Rajhi Group, Al Nahda Group, and Al Gurg Group. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Middle East and Africa Footwear Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Middle East and Africa Footwear Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Middle East and Africa Footwear Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Middle East and Africa Footwear Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Disposable Income
- 3.2.1.2. Urbanization and Lifestyle Changes
- 3.2.1.3. E-commerce Growth
- 3.2.2. Restraints
- 3.2.2.1. Changing Consumer Preferences
- 3.2.2.2. Ethical and Sustainability Concerns
- 3.2.3. Opportunities
- 3.2.3.1. Increasing Fashion Consciousness
- 3.2.3.2. Innovative New Designs
- 3.2.4. Challenges
- 3.2.4.1. Economic Fluctuations
- 3.2.4.2. Counterfeit Products
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Middle East and Africa Footwear Market: Marketing Strategies
5. Middle East and Africa Footwear Market: Pricing Analysis
6. Middle East and Africa Footwear Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.1.1. Athletic
- 6.2.1.2. Non-Athletic
- 6.2.2. By End User
- 6.2.2.1. Men
- 6.2.2.2. Women
- 6.2.2.3. Children
- 6.2.3. By Country
- 6.2.3.1. Saudi Arabia
- 6.2.3.2. UAE
- 6.2.3.3. Qatar
- 6.2.3.4. Kuwait
- 6.2.3.5. South Africa
- 6.2.3.6. Nigeria
- 6.2.3.7. Algeria
- 6.2.3.8. Rest of MEA
- 6.2.1. By Type
7. Saudi Arabia Footwear Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By End User
8. UAE Footwear Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By End User
9. Qatar Footwear Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By End User
10. Kuwait Footwear Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By End User
11. South Africa Footwear Market
- 11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Type
- 11.2.2. By End User
12. Nigeria Footwear Market
- 12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Type
- 12.2.2. By End User
13. Algeria Footwear Market
- 13.1. Market Size & Forecast, 2019-2030
- 13.1.1. By Value (USD Million)
- 13.2. Market Share & Forecast
- 13.2.1. By Type
- 13.2.2. By End User
14. Rest of MEA Footwear Market
- 14.1. Market Size & Forecast, 2019-2030
- 14.1.1. By Value (USD Million)
- 14.2. Market Share & Forecast
- 14.2.1. By Type
- 14.2.2. By End User
15. Competitive Landscape
- 15.1. List of Key Players and Their Offerings
- 15.2. Middle East and Africa Footwear Company Market Share Analysis, 2023
- 15.3. Competitive Benchmarking, By Operating Parameters
- 15.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
16. Impact of Escalating Geopolitical Tensions on Middle East and Africa Footwear Market
17. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 17.1. Bata Shoes
- 17.2. Almarai
- 17.3. Al Salam Group
- 17.4. Al Ghandi Group
- 17.5. Al Futtaim Group
- 17.6. Al Tayer Group
- 17.7. Al Rajhi Group
- 17.8. Al Nahda Group
- 17.9. Al Gurg Group
- 17.10. Other Prominent Players
18. Key Strategic Recommendations
19. Research Methodology
- 19.1. Qualitative Research
- 19.1.1. Primary & Secondary Research
- 19.2. Quantitative Research
- 19.3. Market Breakdown & Data Triangulation
- 19.3.1. Secondary Research
- 19.3.2. Primary Research
- 19.4. Breakdown of Primary Research Respondents, By Region
- 19.5. Assumptions & Limitations
*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
