GCC Footwear Market

GCC Footwear Market Overview:

The GCC footwear market was worth US$ XX Billion in 2023, expanding at a CAGR of X% during 2018-2023. Looking forward, the market is projected to grow at a CAGR of around X% during 2024-2029, reaching a value of US$ XX Billion by 2029. Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC footwear market and can also impact its future growth. Taking 2023 as the base year, the report covers historical market scenario from 2018-2023 and provides forecasts till 2029. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC footwear market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC footwear market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC footwear market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC footwear market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC footwear market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC footwear market industry. Furthermore, the value chain analysis of the GCC footwear market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Footwear Market Segment Insights:

The GCC footwear market has been analysed as followed:

By Product:

• Non-Athletic Footwear
• Athletic Footwear

By Material:

• Rubber
• Leather
• Plastic
• Fabric
• Others

By Distribution Channel:

• Footwear Specialists
• Supermarkets and Hypermarkets
• Departmental Stores
• Clothing Stores
• Online Sales
• Others

By Pricing:

• Premium
• Mass

By End User:

• Men
• Women
• Kids

By Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Footwear Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC footwear market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs