Saudi Arabia Apparel and Footwear Market Outlook | Companies, Forecast, Trends, Size, Analysis, Industry, Value, Share, COVID-19 IMPACT, Growth & Revenue

Market Forecast By Type (Apparel, Casual Wear, Sports Wear, Night Wear, Others, Footwear , Shoes, Slippers), By End-user (Men, Women, Kids), By Distribution Channel (Speciality Stores, Supermarkets/Hypermarkets, Online Channels, Others) And Competitive Landscape
Product Code: ETC422915 Publication Date: Jun 2023 Updated Date: Aug 2023 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

saudi arabia Apparel and Footwear Market Shipment Analysis

Saudi Arabia Apparel and Footwear Market registered a decline of -37.2% in value shipments in 2021 as compared to 2020 and an increase of 1.71% CAGR in 2021 over a period of 2017. In Apparel and Footwear Market Saudi Arabia is becoming less competitive as HHI index in 2021 was 7394 while in 2017 it was 3244. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.

Saudi Arabia has reportedly relied more on imports to meet its growing demand in Apparel and Footwear Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Apparel and Footwear Market in 2021 was 25.8 while in 2017 it was 55. China, Hong Kong, Cambodia, Germany and Brazil were among the top players of the market in 2021, where China acquired the largest market share of 85.71% with a shipment value of 192.66 million USD in 2022 China also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Apparel and Footwear Market. In 2017 China had the largest market share of 54.45% with the shipment value of 179.09 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.

The Saudi Arabia Apparel and Footwear Market is estimated to be valued at USD 14.7 billion in 2020 and is expected to reach a value of USD 20.8 billion by the year 2025, growing at a CAGR of 6.9%. The apparel market accounts for 55% share of total sales, while footwear makes up 45% share of the total market size. High disposable incomes as well as rising demand for premium fashion products are driving growth in this market. Companies such as Adidas AG, PUMA SE, Nike Inc., Gap Inc., Unilever PLC among others are some key players that have made investments into the Saudi Arabian apparel and footwear sector over recent years which have helped fuel its growth even further. With more consumer focus on international trends boosted by online shopping options, it has been observed that there is increased demand for branded items with high quality materials across all categories including menswear, womenswear and childrenswear segments. Additionally favorable government initiatives like Tax free zones along with improvement in retail infrastructure will help drive future opportunities within the industry going forward

Key Highlights of the Report:

  • Saudi Arabia Apparel and Footwear Market Outlook
  • Market Size of Saudi Arabia Apparel and Footwear Market, 2021
  • Forecast of Saudi Arabia Apparel and Footwear Market, 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Revenues & Volume for the Period 2018 - 2028
  • Saudi Arabia Apparel and Footwear Market Trend Evolution
  • Saudi Arabia Apparel and Footwear Market Drivers and Challenges
  • Saudi Arabia Apparel and Footwear Price Trends
  • Saudi Arabia Apparel and Footwear Porter's Five Forces
  • Saudi Arabia Apparel and Footwear Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Type for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Apparel for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Casual Wear for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Sports Wear for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Night Wear for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Others for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Footwear  for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Shoes for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel Apparel and Footwear Market Revenues & Volume By Slippers for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By End-user for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Men for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Women for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Kids for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Distribution Channel for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Speciality Stores for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Online Channels for the Period 2018 - 2028
  • Historical Data and Forecast of Saudi Arabia Apparel and Footwear Market Revenues & Volume By Others for the Period 2018 - 2028
  • Saudi Arabia Apparel and Footwear Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End-user
  • Market Opportunity Assessment By Distribution Channel
  • Saudi Arabia Apparel and Footwear Top Companies Market Share
  • Saudi Arabia Apparel and Footwear Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Apparel and Footwear Company Profiles
  • Saudi Arabia Apparel and Footwear Key Strategic Recommendations
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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 Saudi Arabia Apparel and Footwear Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Apparel and Footwear Market Revenues & Volume, 2021 & 2028F

3.3 Saudi Arabia Apparel and Footwear Market - Industry Life Cycle

3.4 Saudi Arabia Apparel and Footwear Market - Porter's Five Forces

3.5 Saudi Arabia Apparel and Footwear Market Revenues & Volume Share, By Type, 2021 & 2028F

3.6 Saudi Arabia Apparel and Footwear Market Revenues & Volume Share, By End-user, 2021 & 2028F

3.7 Saudi Arabia Apparel and Footwear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F

4 Saudi Arabia Apparel and Footwear Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Saudi Arabia Apparel and Footwear Market Trends

6 Saudi Arabia Apparel and Footwear Market, By Types

6.1 Saudi Arabia Apparel and Footwear Market, By Type

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Type, 2018 - 2028F

6.1.3 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Apparel, 2018 - 2028F

6.1.4 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Casual Wear, 2018 - 2028F

6.1.5 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Sports Wear, 2018 - 2028F

6.1.6 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Night Wear, 2018 - 2028F

6.1.7 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Others, 2018 - 2028F

6.1.8 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Footwear , 2018 - 2028F

6.1.9 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Slippers, 2018 - 2028F

6.1.10 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Slippers, 2018 - 2028F

6.2 Saudi Arabia Apparel and Footwear Market, By End-user

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Men, 2018 - 2028F

6.2.3 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Women, 2018 - 2028F

6.2.4 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Kids, 2018 - 2028F

6.3 Saudi Arabia Apparel and Footwear Market, By Distribution Channel

6.3.1 Overview and Analysis

6.3.2 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Speciality Stores, 2018 - 2028F

6.3.3 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Supermarkets/Hypermarkets, 2018 - 2028F

6.3.4 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Online Channels, 2018 - 2028F

6.3.5 Saudi Arabia Apparel and Footwear Market Revenues & Volume, By Others, 2018 - 2028F

7 Saudi Arabia Apparel and Footwear Market Import-Export Trade Statistics

7.1 Saudi Arabia Apparel and Footwear Market Export to Major Countries

7.2 Saudi Arabia Apparel and Footwear Market Imports from Major Countries

8 Saudi Arabia Apparel and Footwear Market Key Performance Indicators

9 Saudi Arabia Apparel and Footwear Market - Opportunity Assessment

9.1 Saudi Arabia Apparel and Footwear Market Opportunity Assessment, By Type, 2021 & 2028F

9.2 Saudi Arabia Apparel and Footwear Market Opportunity Assessment, By End-user, 2021 & 2028F

9.3 Saudi Arabia Apparel and Footwear Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F

10 Saudi Arabia Apparel and Footwear Market - Competitive Landscape

10.1 Saudi Arabia Apparel and Footwear Market Revenue Share, By Companies, 2021

10.2 Saudi Arabia Apparel and Footwear Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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