The Latin America, Middle East and Africa Loafers Market would witness market growth of 15.4% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 452.80 million units, showcasing a growth of 13.9% (2024-2031).
Fabric and suede loafers cater to the growing demand for casual and lightweight footwear, particularly in warmer climates and more relaxed settings. These materials are preferred for their softness, flexibility, and breathability, making them ideal for everyday wear. Suede loafers, in particular, are known for their luxurious feel and stylish appearance, often appealing to fashion-forward consumers. Fabric loafers, on the other hand, offer versatility in terms of design, with various colors and patterns available to suit diverse tastes. Thus. In Brazil, 8.25 million units of loafers made of Fabric and suede are expected to be utilized by the year 2031.
The Brazil market dominated the LAMEA Loafers Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2029.2 Million by 2031. The Argentina market is exhibiting a CAGR of 16.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 15.1% during (2024 - 2031).
Brands have also recognized this shift in consumer behavior, introducing loafers that incorporate travel-friendly features like cushioned insoles for long hours of walking, breathable materials for various climates, and durable yet lightweight construction. As the travel industry rebounds, the loafers market benefits from this renewed focus on comfortable, stylish, and versatile footwear, catering to consumers who want products that align with their active and mobile lifestyles. This trend is expected to drive growth in the market as travel and leisure activities regain momentum.
Despite these positive trends, the market faces its share of challenges. One of the most significant is the growing competition from alternative footwear categories. Sneakers have experienced a significant increase in prevalence as a result of the emergence of athleisure and casual fashion trends, as previously mentioned. Consumers, especially younger generations, increasingly opt for sneakers over traditional footwear options like loafers. Additionally, loafers are often associated with formal or semi-formal wear, which limits their appeal in more casual settings. In contrast, sneakers have become acceptable in almost every context, from casual outings to business-casual environments, further eroding the market share for loafers.
South Africa’s cultural diversity uniquely contributes to the growing demand for loafers. The country’s diverse population, with varying fashion preferences across different communities, creates a broad market for loafers. South Africans are increasingly adopting loafers due to their versatility, making them suitable for formal events like weddings and casual occasions. The growing trend of integrating traditional South African designs with modern Western footwear, including loafers, has led to the rise of unique, locally inspired designs that appeal to fashion-conscious consumers. This fusion of cultural diversity and modern fashion trends is a key driver in the South African market. Hence, the growing influence of international fashion trends and expanding retail infrastructure are pushing the demand for loafers across LAMEA.
Free Valuable Insights: The Worldwide Loafers Market is Projected to reach USD 83.9 Billion by 2031, at a CAGR of 13.1%
Based on Distribution Channel, the market is segmented into Specialty Footwear Retailers, Supermarkets/Hypermarkets, Online, and Other Distribution Channel. Based on End Use, the market is segmented into Men, Women, and Kids. Based on Product, the market is segmented into Leather, Fabric/Suede, and Other Products. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Guccio Gucci S.p.A. (Kering Group)
- Cole Haan (Apax Partners LLP)
- Church & Co Ltd. (Prada S.p.A.)
- Salvatore Ferragamo S.p.A
- Tommy Hilfiger Licensing, LLC (PVH Corp.)
- PUMA SE (Groupe Artémis S.A.)
- Tod's S.p.A.
- Bally
- Allen Edmonds Corporation
- SEBAGO Srl
LAMEA Loafers Market Report Segmentation
By Distribution Channel (Volume, Million Units, USD Billion, 2020-2031)
- Specialty Footwear Retailers
- Supermarkets/Hypermarkets
- Online
- Other Distribution Channel
By End Use (Volume, Million Units, USD Billion, 2020-2031)
By Product (Volume, Million Units, USD Billion, 2020-2031)
- Leather
- Fabric/Suede
- Other Products
By Country (Volume, Million Units, USD Billion, 2020-2031)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Loafers Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Loafers Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Loafers Market, 2020 - 2023, Million Units
TABLE 4 LAMEA Loafers Market, 2024 - 2031, Million Units
TABLE 5 LAMEA Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 6 LAMEA Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 7 LAMEA Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 8 LAMEA Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 9 LAMEA Specialty Footwear Retailers Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Specialty Footwear Retailers Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Specialty Footwear Retailers Market by Country, 2020 - 2023, Million Units
TABLE 12 LAMEA Specialty Footwear Retailers Market by Country, 2024 - 2031, Million Units
TABLE 13 LAMEA Supermarkets/Hypermarkets Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Supermarkets/Hypermarkets Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Supermarkets/Hypermarkets Market by Country, 2020 - 2023, Million Units
TABLE 16 LAMEA Supermarkets/Hypermarkets Market by Country, 2024 - 2031, Million Units
TABLE 17 LAMEA Online Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Online Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Online Market by Country, 2020 - 2023, Million Units
TABLE 20 LAMEA Online Market by Country, 2024 - 2031, Million Units
TABLE 21 LAMEA Other Distribution Channel Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Other Distribution Channel Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Other Distribution Channel Market by Country, 2020 - 2023, Million Units
TABLE 24 LAMEA Other Distribution Channel Market by Country, 2024 - 2031, Million Units
TABLE 25 LAMEA Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 26 LAMEA Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 27 LAMEA Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 28 LAMEA Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 29 LAMEA Men Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Men Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Men Market by Country, 2020 - 2023, Million Units
TABLE 32 LAMEA Men Market by Country, 2024 - 2031, Million Units
TABLE 33 LAMEA Women Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Women Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Women Market by Country, 2020 - 2023, Million Units
TABLE 36 LAMEA Women Market by Country, 2024 - 2031, Million Units
TABLE 37 LAMEA Kids Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Kids Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Kids Market by Country, 2020 - 2023, Million Units
TABLE 40 LAMEA Kids Market by Country, 2024 - 2031, Million Units
TABLE 41 LAMEA Loafers Market by Product, 2020 - 2023, USD Million
TABLE 42 LAMEA Loafers Market by Product, 2024 - 2031, USD Million
TABLE 43 LAMEA Loafers Market by Product, 2020 - 2023, Million Units
TABLE 44 LAMEA Loafers Market by Product, 2024 - 2031, Million Units
TABLE 45 LAMEA Leather Market by Country, 2020 - 2023, USD Million
TABLE 46 LAMEA Leather Market by Country, 2024 - 2031, USD Million
TABLE 47 LAMEA Leather Market by Country, 2020 - 2023, Million Units
TABLE 48 LAMEA Leather Market by Country, 2024 - 2031, Million Units
TABLE 49 LAMEA Fabric/Suede Market by Country, 2020 - 2023, USD Million
TABLE 50 LAMEA Fabric/Suede Market by Country, 2024 - 2031, USD Million
TABLE 51 LAMEA Fabric/Suede Market by Country, 2020 - 2023, Million Units
TABLE 52 LAMEA Fabric/Suede Market by Country, 2024 - 2031, Million Units
TABLE 53 LAMEA Other Products Market by Country, 2020 - 2023, USD Million
TABLE 54 LAMEA Other Products Market by Country, 2024 - 2031, USD Million
TABLE 55 LAMEA Other Products Market by Country, 2020 - 2023, Million Units
TABLE 56 LAMEA Other Products Market by Country, 2024 - 2031, Million Units
TABLE 57 LAMEA Loafers Market by Country, 2020 - 2023, USD Million
TABLE 58 LAMEA Loafers Market by Country, 2024 - 2031, USD Million
TABLE 59 LAMEA Loafers Market by Country, 2020 - 2023, Million Units
TABLE 60 LAMEA Loafers Market by Country, 2024 - 2031, Million Units
TABLE 61 Brazil Loafers Market, 2020 - 2023, USD Million
TABLE 62 Brazil Loafers Market, 2024 - 2031, USD Million
TABLE 63 Brazil Loafers Market, 2020 - 2023, Million Units
TABLE 64 Brazil Loafers Market, 2024 - 2031, Million Units
TABLE 65 Brazil Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 66 Brazil Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 67 Brazil Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 68 Brazil Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 69 Brazil Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 70 Brazil Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 71 Brazil Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 72 Brazil Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 73 Brazil Loafers Market by Product, 2020 - 2023, USD Million
TABLE 74 Brazil Loafers Market by Product, 2024 - 2031, USD Million
TABLE 75 Brazil Loafers Market by Product, 2020 - 2023, Million Units
TABLE 76 Brazil Loafers Market by Product, 2024 - 2031, Million Units
TABLE 77 Argentina Loafers Market, 2020 - 2023, USD Million
TABLE 78 Argentina Loafers Market, 2024 - 2031, USD Million
TABLE 79 Argentina Loafers Market, 2020 - 2023, Million Units
TABLE 80 Argentina Loafers Market, 2024 - 2031, Million Units
TABLE 81 Argentina Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 82 Argentina Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 83 Argentina Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 84 Argentina Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 85 Argentina Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 86 Argentina Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 87 Argentina Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 88 Argentina Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 89 Argentina Loafers Market by Product, 2020 - 2023, USD Million
TABLE 90 Argentina Loafers Market by Product, 2024 - 2031, USD Million
TABLE 91 Argentina Loafers Market by Product, 2020 - 2023, Million Units
TABLE 92 Argentina Loafers Market by Product, 2024 - 2031, Million Units
TABLE 93 UAE Loafers Market, 2020 - 2023, USD Million
TABLE 94 UAE Loafers Market, 2024 - 2031, USD Million
TABLE 95 UAE Loafers Market, 2020 - 2023, Million Units
TABLE 96 UAE Loafers Market, 2024 - 2031, Million Units
TABLE 97 UAE Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 98 UAE Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 99 UAE Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 100 UAE Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 101 UAE Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 102 UAE Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 103 UAE Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 104 UAE Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 105 UAE Loafers Market by Product, 2020 - 2023, USD Million
TABLE 106 UAE Loafers Market by Product, 2024 - 2031, USD Million
TABLE 107 UAE Loafers Market by Product, 2020 - 2023, Million Units
TABLE 108 UAE Loafers Market by Product, 2024 - 2031, Million Units
TABLE 109 Saudi Arabia Loafers Market, 2020 - 2023, USD Million
TABLE 110 Saudi Arabia Loafers Market, 2024 - 2031, USD Million
TABLE 111 Saudi Arabia Loafers Market, 2020 - 2023, Million Units
TABLE 112 Saudi Arabia Loafers Market, 2024 - 2031, Million Units
TABLE 113 Saudi Arabia Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 114 Saudi Arabia Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 115 Saudi Arabia Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 116 Saudi Arabia Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 117 Saudi Arabia Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 118 Saudi Arabia Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 119 Saudi Arabia Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 120 Saudi Arabia Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 121 Saudi Arabia Loafers Market by Product, 2020 - 2023, USD Million
TABLE 122 Saudi Arabia Loafers Market by Product, 2024 - 2031, USD Million
TABLE 123 Saudi Arabia Loafers Market by Product, 2020 - 2023, Million Units
TABLE 124 Saudi Arabia Loafers Market by Product, 2024 - 2031, Million Units
TABLE 125 South Africa Loafers Market, 2020 - 2023, USD Million
TABLE 126 South Africa Loafers Market, 2024 - 2031, USD Million
TABLE 127 South Africa Loafers Market, 2020 - 2023, Million Units
TABLE 128 South Africa Loafers Market, 2024 - 2031, Million Units
TABLE 129 South Africa Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 130 South Africa Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 131 South Africa Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 132 South Africa Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 133 South Africa Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 134 South Africa Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 135 South Africa Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 136 South Africa Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 137 South Africa Loafers Market by Product, 2020 - 2023, USD Million
TABLE 138 South Africa Loafers Market by Product, 2024 - 2031, USD Million
TABLE 139 South Africa Loafers Market by Product, 2020 - 2023, Million Units
TABLE 140 South Africa Loafers Market by Product, 2024 - 2031, Million Units
TABLE 141 Nigeria Loafers Market, 2020 - 2023, USD Million
TABLE 142 Nigeria Loafers Market, 2024 - 2031, USD Million
TABLE 143 Nigeria Loafers Market, 2020 - 2023, Million Units
TABLE 144 Nigeria Loafers Market, 2024 - 2031, Million Units
TABLE 145 Nigeria Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 146 Nigeria Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 147 Nigeria Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 148 Nigeria Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 149 Nigeria Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 150 Nigeria Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 151 Nigeria Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 152 Nigeria Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 153 Nigeria Loafers Market by Product, 2020 - 2023, USD Million
TABLE 154 Nigeria Loafers Market by Product, 2024 - 2031, USD Million
TABLE 155 Nigeria Loafers Market by Product, 2020 - 2023, Million Units
TABLE 156 Nigeria Loafers Market by Product, 2024 - 2031, Million Units
TABLE 157 Rest of LAMEA Loafers Market, 2020 - 2023, USD Million
TABLE 158 Rest of LAMEA Loafers Market, 2024 - 2031, USD Million
TABLE 159 Rest of LAMEA Loafers Market, 2020 - 2023, Million Units
TABLE 160 Rest of LAMEA Loafers Market, 2024 - 2031, Million Units
TABLE 161 Rest of LAMEA Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 162 Rest of LAMEA Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 163 Rest of LAMEA Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 164 Rest of LAMEA Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 165 Rest of LAMEA Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 166 Rest of LAMEA Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 167 Rest of LAMEA Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 168 Rest of LAMEA Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 169 Rest of LAMEA Loafers Market by Product, 2020 - 2023, USD Million
TABLE 170 Rest of LAMEA Loafers Market by Product, 2024 - 2031, USD Million
TABLE 171 Rest of LAMEA Loafers Market by Product, 2020 - 2023, Million Units
TABLE 172 Rest of LAMEA Loafers Market by Product, 2024 - 2031, Million Units
TABLE 173 Key Information – Guccio Gucci S.p.A.
TABLE 174 Key Information – Cole Haan (Apax Partners LLP)
TABLE 175 Key Information – Church & Co Ltd.
TABLE 176 Key Information – Salvatore Ferragamo S.p.A
TABLE 177 Key information – PUMA SE
TABLE 178 Key Information – Tommy Hilfiger licensing, LLC
TABLE 179 Key Information – Tod's S.p.A.
TABLE 180 Key Information – Bally
TABLE 181 Key Information – Allen Edmonds Corporation
TABLE 182 Key Information – Sebago
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Loafers Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Loafers Market
FIG 4 Porter’s Five Forces Analysis – Loafers Market
FIG 5 LAMEA Loafers Market share by Distribution Channel, 2023
FIG 6 LAMEA Loafers Market share by Distribution Channel, 2031
FIG 7 LAMEA Loafers Market by Distribution Channel, 2020 - 2031, USD Million
FIG 8 LAMEA Loafers Market share by End Use, 2023
FIG 9 LAMEA Loafers Market share by End Use, 2031
FIG 10 LAMEA Loafers Market by End Use, 2020 - 2031, USD Million
FIG 11 LAMEA Loafers Market share by Product, 2023
FIG 12 LAMEA Loafers Market share by Product, 2031
FIG 13 LAMEA Loafers Market by Product, 2020 - 2031, USD Million
FIG 14 LAMEA Loafers Market share by Country, 2023
FIG 15 LAMEA Loafers Market share by Country, 2031
FIG 16 LAMEA Loafers Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: GUCCIO GUCCI S.P.A.
FIG 18 Recent strategies and developments: Cole Haan
FIG 19 SWOT Analysis: Cole Haan
FIG 20 SWOT Analysis: Church & Co Ltd. (Prada S.p.A.)
FIG 21 SWOT Analysis: PUMA SE