According to the latest report by IMARC Group, titled “GCC Footwear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the market is expected to exhibit stable growth during 2021-2027. Footwear refers to several outer coverings for feet, such as shoes, boots, sandals, which serve to purpose of protection against adversities of the environment. They are manufactured using various materials, such as wood, leather, canvas, jute, rubber, and plastic and are available in numerous sizes and designs.
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The GCC footwear market is primarily driven by the increasing demand for superior quality footwear along with the evolving fashion trends. Furthermore, the changing consumer inclination towards athletic and physical activities has led to the launch of unique designs. Additionally, the easy availability of a wide range of footwear across various e-commerce and well-developed retail channels is also bolstering the market growth. Various other factors, including rising consumer expenditure capacities and extensive R&D activities to introduce sustainable footwear, ranging from hay-based sneakers to biodegradable and vegan stilettos, are anticipated to further propel the GCC footwear market in the coming years. Looking forward, IMARC Group expects the market to continue its robust growth during the forecast period (2022-2027).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
The competitive landscape of the GCC footwear market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Highlights of the Market Segmentation:
Breakup by Product:
• Non-Athletic Footwear
• Athletic Footwear
Breakup by Material:
Breakup by Distribution Channel:
• Footwear Specialists
• Supermarkets and Hypermarkets
• Departmental Stores
• Clothing Stores
• Online Sales
Breakup by Pricing:
Breakup by End User:
Breakup by Country:
• Saudi Arabia
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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