Middle East & Africa Luxury Footwear Market Size & Outlook
The luxury footwear market in Middle East & Africa is expected to reach a projected revenue of US$ 4,431.9 million by 2030. A compound annual growth rate of 6.6% is expected of Middle East & Africa luxury footwear market from 2022 to 2030.
Revenue, 2021 (US$M)
$2,494.6
Forecast, 2030 (US$M)
$4,431.9
CAGR, 2022 - 2030
6.6%
Report Coverage
Middle East & Africa
Middle East & Africa luxury footwear market, 2017-2030 (US$M)
Related Markets
MEA luxury footwear market highlights
- The MEA luxury footwear market generated a revenue of USD 2,494.6 million in 2021.
- The market is expected to grow at a CAGR of 6.6% from 2022 to 2030.
- In terms of segment, formal shoe was the largest revenue generating product in 2021.
- Casual Shoe is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2021 | USD 2,494.6 million |
| Market revenue in 2030 | USD 4,431.9 million |
| Growth rate | 6.6% (CAGR from 2021 to 2030) |
| Largest segment | Formal shoe |
| Fastest growing segment | Casual Shoe |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Formal Shoe, Casual Shoe |
| Key market players worldwide | Lvmh Moet Hennessy Louis Vuitton SE, CHANEL, Burberry Group PLC, Prada SpA, Dr. Martens PLC Ordinary Shares, Salvatore Ferragamo SpA, Adidas AG |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.1% of the global luxury footwear market in 2021.
- Globally, North America 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 14,595.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Luxury Footwear Market Scope
Luxury footwear market segmentation & scope
Luxury Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa luxury footwear market
Middle East & Africa Luxury Footwear Market Outlook Share, 2021 & 2030 (US$M)
Middle East & Africa luxury footwear market
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
