South Africa Pvc Footwear Market Size & Outlook, 2022-2030
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South Africa pvc footwear market highlights
- The South Africa pvc footwear market generated a revenue of USD 2,254.3 million in 2022 and is expected to reach USD 3,156.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.3% from 2023 to 2030.
- In terms of segment, shoes was the largest revenue generating product in 2022.
- Flip Flops is the most lucrative product segment registering the fastest growth during the forecast period.
Pvc footwear market data book summary
| 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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 3.5% of the global pvc footwear market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa pvc footwear market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3,156.3 million by 2030.
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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PVC Footwear Market Scope
PVC Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ajanta Shoes | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | https://www.ajantashoes.com |
| VKC Group | View profile | 501-1000 | Sugar Land, Texas, United States, North America | https://www.vkcsubway.com/ |
| Khadim India | View profile | 1001-5000 | Calcutta, West Bengal, India, Asia | https://www.khadims.com/ |
| Liberty Shoes | View profile | 1001-5000 | Gurgaon, Haryana, India, Asia | https://www.libertyshoes.com/ |
| Grendene | View profile | 51-100 | Orlando, Florida, United States, North America | http://www.grendeneusa.com/ |
| Bata Corporation | View profile | 11-50 | Lausanne, Vaud, Switzerland, Europe | https://thebatacompany.com/ |
| Decathlon | View profile | 10001+ | Lompret, Nord-Pas-de-Calais, France, Europe | https://www.decathlon.fr |
| Havaianas | View profile | - | Scottsdale, Arizona, United States, North America | https://us.havaianas.com |
| Dr. Martens PLC Ordinary Shares | View profile | 2584 | 28 Jamestown Road, Camden, London, United Kingdom, NW1 7BY | https://www.drmartensplc.com |
South Africa pvc footwear market size, by distribution channel, 2017-2030 (US$M)
South Africa PVC Footwear Market Outlook Share, 2022 & 2030 (US$M)
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