KSA Footwear
Description
Growth in fashion interest and a marked rise in population are helping to drive the rapidly changing Saudi Arabian footwear market. In 2024, the market reached a worth of more than USD 1.2 billion, and it is expected to maintain a CAGR of 7.8% until 2030. People’s income is on the rise to approximately USD 18,260 a year, by 2025, and fresh views on style acquired in big cities from seeing foreign trends are what grows the industry. Through its popularity, social media has helped make brand names like Nike, Adidas, Skechers, and Puma, and luxury brands like Gucci and Christian Dior Couture, more well-known. Being home to a large number of young people, Saudi Arabia needs fashion and efficient footwear for many. Moreover, since women now participate more fully in society, the market for both regular and fashion footwear has expanded.
The KSA Footwear market is set to show a growth rate of about 7.8% during the forecast period (2025- 2033F). Fewer Saudis rely on online shopping and prefer to go to stores and malls to buy footwear. However, due to COVID-19, the sales that happen online have become much stronger. Purchasing shoes on the Internet rose from 3% in 2018 to almost XX% in 2024. Because of fintech, items such as BNPL and mobile wallets have become popular, pushing the industry upwards and attracting both Gen Z and professional customers. Thanks to places like The Avenues Riyadh and Diriyah Gate, Saudi Arabia’s two biggest cities have become fashion leaders and draw brands from across the globe. All things considered, the growth in the Saudi footwear industry is fast due to shifts in culture, modern technology, and sound investments, bringing many opportunities to everyone in the field.
The KSA Footwear market is set to show a growth rate of about 7.8% during the forecast period (2025- 2033F). Fewer Saudis rely on online shopping and prefer to go to stores and malls to buy footwear. However, due to COVID-19, the sales that happen online have become much stronger. Purchasing shoes on the Internet rose from 3% in 2018 to almost XX% in 2024. Because of fintech, items such as BNPL and mobile wallets have become popular, pushing the industry upwards and attracting both Gen Z and professional customers. Thanks to places like The Avenues Riyadh and Diriyah Gate, Saudi Arabia’s two biggest cities have become fashion leaders and draw brands from across the globe. All things considered, the growth in the Saudi footwear industry is fast due to shifts in culture, modern technology, and sound investments, bringing many opportunities to everyone in the field.
- Based on Product Type, the market is segmented into Athletic, and Non-Athletic. Among these, the Non-Athletic segment is leading the market. Durable, yet trendy athletic footwear is currently the highest-selling item in this market, mainly led by young Saudis. Since the majority of Saudi Arabia’s population is around 30, many locals seek out well-known brands and styles when getting dressed. The growth in the uptrend happens because people are gaining financial independence, living in urban areas, and spending more hours online. As women are allowed to participate more in public due to evolving cultures in Saudi Arabia, their share in footwear is growing rapidly. This has caused Gucci, Christian Dior, and Jimmy Choo to add more products and show collections tailored to what locals enjoy, and local stores are doing the same.
- Based on the End-User, the market is segmented into Men, Women, and Kids. Among these, Men is the largest contributor to the KSA Footwear industry. Due to the large number of males working in Saudi Arabia and their emphasis on neat and clean clothing, men’s shoes do well, selling for both work and casual occasions. Since more men are finding work and joining in on social and religious activities, they now purchase sandals, loafers, and formal shoes. Besides, the presence of popular global trends and big brands, as well as rising incomes, has increased the demand in this area.
- Based on the Pricing, the market is segmented into Premium, and Mass. Among these, Mass is the largest contributor to the KSA Footwear industry. Saudi Arabia’s mass segment is mainly growing because more people within the middle-income group look for comfortable and economical footwear. Increasing income and more people moving to towns mean consumers are searching for comfortable footwear that lasts and looks good, without breaking the bank. With the growth of local retail chains, supermarkets, and hypermarkets across the Kingdom, getting mass-market footwear is much easier now. Frequent promotions and seasonal sales by brands and stores appeal more to buyers on a budget, helping the mass segment stay on top in the country’s footwear market.
- Based on Distribution Channel, the market is segmented into Offline and Online. Among these, the Offline segment is leading the market. Most of what fuels growth in the offline part of the Saudi Arabian footwear market is the strong tradition of visiting malls, as buyers prefer to test footwear and judge its quality up close before making a purchase. In the biggest cities like Riyadh and Jeddah, malls and retail stores continue to hold an important place in people’s lives, which is why selling offline remains the primary way for many brands. Yet, internet penetration, using smartphones, and more e-commerce stores are what’s causing the online segment to grow so fast.
- Some major players running in the market include Nike (Sun and Sand Sports), Adidas (Delta Marketing, Reza Group), Puma (Beside Group), Reebok (Al Boom Marine), Skechers (Apparel Group), Jimmy Choo (Saudi Jawahir Trading Company), Gucci (G Distribution B.V. and Al Rubaiyat Co), Prada Saudi Arabia Ltd, Christian Dior Couture, and Crocs Gulf.
Table of Contents
95 Pages
- 1 Market Introduction
- 1.1. Market Definitions
- 1.2. Main Objective
- 1.3. Stakeholders
- 1.4. Limitation
- 2 Research Methodology or Assumption
- 2.1. Research Process of the KSA Footwear Market
- 2.2. Research Methodology of the KSA Footwear Market
- 2.3. Respondent Profile
- 3 Executive Summary
- 3.1. Industry Synopsis
- 3.2. Segmental Outlook
- 3.2.1. Market Growth Intensity
- 4 Market Dynamics
- 4.1. Drivers
- 4.2. Opportunity
- 4.3. Restraints
- 4.4. Trends
- 4.5. PESTEL Analysis
- 4.6. Demand Side Analysis
- 4.7. Supply Side Analysis
- 4.7.1. Merger & Acquisition
- 4.7.2. Collaboration & Investment Scenario
- 4.7.3. Industry Insights: Leading Startups and Their Unique Strategies
- 5 KSA Footwear Market Revenue (USD Mn), 2023-2033F
- 6 Market Insights By Product Type
- 6.1. Athletic
- 6.2. Non-Athletic
- 7 Market Insights By End-User
- 7.1. Men
- 7.2. Women
- 7.3. Kids
- 8 Market Insights By Pricing
- 8.1. Premium
- 8.2. Mass
- 9 Market Insights By Distribution Channel
- 9.1. Offline
- 9.2. Online
- 10 Value Chain Analysis
- 11 Competitive Landscape
- 11.1. Competition Dashboard
- 11.2. Competitor Market Positioning Analysis
- 11.3. Porter Five Forces Analysis
- 12 Company Profiled
- 12.1. Nike (Sun and Sand Sports)
- 12.1.1. Company Overview
- 12.1.2. Key Financials
- 12.1.3. SWOT Analysis
- 12.1.4. Product Portfolio
- 12.1.5. Recent Developments
- 12.2. Adidas (Delta Marketing, Reza Group)
- 12.3. Puma (Beside Group)
- 12.4. Reebok (Al Boom Marine)
- 12.5. Skechers (Apparel Group)
- 12.6. Jimmy Choo (Saudi Jawahir Trading Company)
- 12.7. Gucci (G Distribution B.V. and Al Rubaiyat Co)
- 12.8. Prada Saudi Arabia Ltd
- 12.12. Christian Dior Couture
- 12.12. Crocs Gulf
- 13 Acronyms & Assumption
- 14 Annexure
Pricing
Currency Rates
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