Continuing the trends seen at the end of the forecast period, growth in footwear is likely to continue being fuelled by a focus on comfort and more active lifestyles. Consumers are already adopting healthier lifestyles as demonstrated by the explosion of gyms, walking tracks and health clubs across Saudi Arabia.
Saudi Arabia’s Vision 2030 strategy is multi-faceted with the main focus being on improving the lives of the country’s residents and delivering a more diversified economy with less reliance on oil. Part of this includes increasing tourism in the Kingdom, with huge investments having already been seen in this area as part of plans to increase the number of visitors to 100 million by 2030, of which 30 million will come from abroad.
New retailing and payment options and innovations should also help to fuel interest and demand within footwear in Saudi Arabia. For instance, Buy Now Pay Later services such as Tamara, valU, and Tabby are expanding and should enable consumers to better manage their spending, with the opportunity to spread payments over several interest-free instalments.
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Understand the latest market trends and future growth opportunities for the Footwear industry in Saudi Arabia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This is the aggregation of children's footwear, men's footwear and women's footwear. Includes all men’s, women’s and children’s outdoor and indoor shoes made of materials as leather, fabric or plastic. Outdoor shoes includes all dress shoes, trainers, sports shoes, sandals, boots, pumps, and high heels. Indoor shoes includes house-shoes and slippers. Items must be new when sold to the consumer; second-hand/used footwear is excluded. Antique and/or vintage footwear is also excluded. Sports footwear (broken out as a separate category) is included in total footwear figure. One pair of footwear constitutes one volume unit.See All of Our Definitions
This report originates from Passport, our Footwear research and analysis database.
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