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The GCC footwear market reached a value of US$ 4.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.6 Billion by 2027, exhibiting a CAGR of 4.27% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Footwear is an essential item worn to provide comfort and protection to the feet. It is usually manufactured with various materials, such as plastic, leather, jute, rubber, wood, and canvas. The footwear industry has evolved considerably over the years in the GCC region, facilitated primarily by changing fashion trends. With the shifting aesthetic preferences, consumers are now increasingly preferring footwear that offers a style statement without compromising on the comfort quotient.
The GCC represents one of the largest markets for footwear, primarily driven by the growing presence of a specialized leather processing hub that has resulted in the increased production and exports of leather-made footwear. Besides this, due to their high purchasing power, consumers in the GCC countries are inclined toward premium footwear that reflects their social status. This, in turn, has led to the establishment of various luxury footwear brands in the region, which is creating a positive outlook for the market. Other factors, such as the increasing expatriate population leading to shifting aesthetic preferences among consumers and easy product accessibility through proliferating online retail channels, are driving the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC footwear market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product, material, distribution channel, pricing and end user.
Breakup by Product:
Breakup by Material:
Breakup by Distribution Channel:
Breakup by Pricing:
Breakup by End User:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Product, Material, Distribution Channel, Pricing, End User, Country|
|Countries Covered||Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
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Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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