Middle East & Africa Belts And Wallets Market Size & Outlook
The belts and wallets market in Middle East & Africa is expected to reach a projected revenue of US$ 3,005.6 million by 2030. A compound annual growth rate of 7.9% is expected of Middle East & Africa belts and wallets market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,637.0
Forecast, 2030 (US$M)
$3,005.6
CAGR, 2023 - 2030
7.9%
Report Coverage
Middle East & Africa
Middle East & Africa belts and wallets market, 2018-2030 (US$M)
MEA belts and wallets market highlights
- The MEA belts and wallets market generated a revenue of USD 1,637.0 million in 2022.
- The market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, wallets was the largest revenue generating product in 2022.
- Wallets is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 1,637.0 million |
| Market revenue in 2030 | USD 3,005.6 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Wallets |
| Fastest growing segment | Wallets |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wallets |
| Key market players worldwide | PVH Corp, Puma SE, Titan International Inc, Adbri Ltd, Levi Strauss & Co Class A, Kering SA, Burberry Group PLC, Ralph Lauren Corp Class A |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.5% of the global belts and wallets market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,300.4 million by 2030.
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Belts And Wallets Market Scope
Belts and wallets market segmentation & scope
Material
Leather
Non-Leather
End Use
Men
Women
Distribution Channel
Online
Offline
Countries
U.S.
Germany
UK
France
China
India
Japan
Brazil
Saudi Arabia
South Africa
Belts And Wallets Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa belts and wallets market
Related regional statistics
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