| Product Code: ETC5371778 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Guyana`s footwear import market continued to show high concentration, with top exporters being China, USA, UK, Singapore, and Trinidad and Tobago. Despite a decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 4.51%. This indicates steady growth in the footwear import sector in Guyana over the past few years, with key players maintaining their strong presence in the market.

The Footwear market in Guyana is projected to grow at a exponential growth rate of 54.78% by 2027, highlighting the country's increasing focus on advanced technologies within the Latin America region, where Brazil holds the dominant position, followed closely by Mexico, Argentina, Colombia and Chile, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guyana Footwear Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Footwear Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Footwear Market - Industry Life Cycle |
3.4 Guyana Footwear Market - Porter's Five Forces |
3.5 Guyana Footwear Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Footwear Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Guyana Footwear Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.8 Guyana Footwear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Guyana Footwear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income in Guyana leading to increased purchasing power for footwear. |
4.2.2 Rising fashion consciousness among consumers in Guyana, driving demand for trendy and stylish footwear. |
4.2.3 Tourism growth in Guyana boosting demand for footwear products, especially among tourists. |
4.3 Market Restraints |
4.3.1 High import tariffs on footwear impacting the affordability and competitiveness of locally produced footwear. |
4.3.2 Limited availability of raw materials for footwear production in Guyana, leading to dependency on imports. |
5 Guyana Footwear Market Trends |
6 Guyana Footwear Market Segmentations |
6.1 Guyana Footwear Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Footwear Market Revenues & Volume, By Athletic, 2021-2031F |
6.1.3 Guyana Footwear Market Revenues & Volume, By Non-Athletic, 2021-2031F |
6.2 Guyana Footwear Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Guyana Footwear Market Revenues & Volume, By Lather, 2021-2031F |
6.2.3 Guyana Footwear Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.4 Guyana Footwear Market Revenues & Volume, By Plastic, 2021-2031F |
6.3 Guyana Footwear Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Guyana Footwear Market Revenues & Volume, By Male, 2021-2031F |
6.3.3 Guyana Footwear Market Revenues & Volume, By Female, 2021-2031F |
6.3.4 Guyana Footwear Market Revenues & Volume, By Kids, 2021-2031F |
6.4 Guyana Footwear Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Guyana Footwear Market Revenues & Volume, By Online Stores, 2021-2031F |
6.4.3 Guyana Footwear Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.4.4 Guyana Footwear Market Revenues & Volume, By Independent Retail Stores, 2021-2031F |
6.4.5 Guyana Footwear Market Revenues & Volume, By Others, 2021-2031F |
7 Guyana Footwear Market Import-Export Trade Statistics |
7.1 Guyana Footwear Market Export to Major Countries |
7.2 Guyana Footwear Market Imports from Major Countries |
8 Guyana Footwear Market Key Performance Indicators |
8.1 Average selling price of footwear products in Guyana. |
8.2 Number of footwear retail outlets opening in Guyana. |
8.3 Consumer sentiment towards locally made footwear products. |
8.4 Percentage of tourists purchasing footwear products during their visit to Guyana. |
9 Guyana Footwear Market - Opportunity Assessment |
9.1 Guyana Footwear Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Footwear Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Guyana Footwear Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.4 Guyana Footwear Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Guyana Footwear Market - Competitive Landscape |
10.1 Guyana Footwear Market Revenue Share, By Companies, 2024 |
10.2 Guyana Footwear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |