Market revenue in 2022 | USD 2,254.3 million |
Market revenue in 2030 | USD 3,156.3 million |
Growth rate | 4.3% (CAGR from 2022 to 2030) |
Largest segment | Shoes |
Fastest growing segment | Flip Flops |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Shoes, Flip Flops |
Key market players worldwide | Dr. Martens PLC Ordinary Shares, Bata Corporation, Grendene, Liberty Shoes, Khadim India, Decathlon, VKC Group, Havaianas, Ajanta Shoes |
Shoes was the largest segment with a revenue share of 47.79% in 2022. Horizon Databook has segmented the South Africa pvc footwear market based on shoes, flip flops covering the revenue growth of each sub-segment from 2017 to 2030.
South Africa has a vibrant beach culture, with many popular coastal destinations. Flip flops and plastic footwear are preferred for their suitability in sandy and beach environments, as they are easy to clean and dry quickly. Local and international brands cater to this demand by offering a wide range of styles, colors, and designs to suit different preferences and fashion trends.
These manufacturers produce a wide range of PVC footwear, including sandals, slippers, flip-flops, and shoes for men, women, and children. Several recycling initiatives in South Africa focus on collecting and recycling plastic waste, including plastic footwear. These initiatives aim to educate the public about the importance of recycling and provide accessible collection points for plastic materials.
According to data published in April 2023, the 'My Walk' program, in collaboration with Netcare and leading world-class healthcare company, Adcock Ingram Critical Care, and backed by corporate investors of South Africa, is making a difference by providing brand-new, 100% recycled, and recyclable school shoes to young children from disadvantaged areas across the country.
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