Middle East & Africa Pvc Footwear Market Size & Outlook
Related Markets
MEA pvc footwear market highlights
- The MEA pvc footwear market generated a revenue of USD 6,227.5 million in 2022.
- The market is expected to grow at a CAGR of 3.8% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 6,227.5 million |
| Market revenue in 2030 | USD 8,408.0 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Shoes |
| Fastest growing segment | Flip Flops |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 9.6% of the global pvc footwear 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 33,293.3 million by 2030.
Shoes was the largest segment with a revenue share of 48.19% in 2022. Horizon Databook has segmented the Middle East & Africa pvc footwear market based on shoes, flip flops covering the revenue growth of each sub-segment from 2017 to 2030.
In the Middle East, several local and international brands produce PVC footwear to cater to the demand in the region. These brands offer a wide range of styles, including traditional slip-on sandals, flip-flops with embellishments, and more contemporary designs.
PVC footwear can be found in markets, shopping malls, and online platforms, allowing consumers to choose from a variety of options. PVC footwear, including sandals, flip flops, and other types of shoes made from PVC, has gained popularity across the Middle East. The region's warm climate, cultural practices, and lifestyle preferences contribute to the widespread use of PVC footwear.
Many international PVC footwear brands such as Crocs, Inc., Havaianas, Decathlon SE, and Bata Corporation as well as local manufacturers like Al Jazira Plastic Industries, have recognized the demand and tailored their products to cater to the region's preferences.
Key Regions: U.S. , UK , Brazil , South Africa , Germany
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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 |
MEA pvc footwear market size, by country, 2017-2030 (US$M)
Middle East & Africa PVC Footwear Market Outlook Share, 2022 & 2030 (US$M)
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