The Latin America, Middle East and Africa Winter Footwear Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
It is anticipated that the market for winter footwear will continue to grow. Active market participants will utilize their innovations to create cutting-edge winter footwear products to attract consumers and boost the market. Moreover, the increase in online penetration will aid the market's progress. In addition, it is expected that the return of all commercial operations in the post-pandemic period will raise the need for winter footwear.
In addition, as active actors in the footwear industry offer new technologies to the footwear industry to provide manufacturers with continuous production, consumer spending on winter footwear is expected to increase. In the post-pandemic era, these technological developments and the expansion of winter footwear and accessories will give the winter footwear sector several possible opportunities. Increased exclusive brand outlet presence in Tier II and lower towns, as well as the growth of value brands.
The demand for trendy designs and brand awareness are driving a gradual movement in consumer preference away from mass-market footwear segments towards luxury categories, likely boosting the market's growth. There is a growth in the number of working people, increased urbanization, and competitive rates, which increase the appeal of specialized shops in both developed and emerging regions. In addition, the growth is also projected to be supported by the availability of less expensive shoes in these shops that are accessible to everyone.
The region's winter footwear market is significantly influenced by young people's growing understanding of the most recent fashion trends. Future years are anticipated to see a rise in spending on footwear through online channels and consumers' willingness to pay more for high-quality shoes. Real estate, building, tourism, trade, logistics, and finance are the main sectors of the Emirati economy. In addition, as there is significant interest on the part of the major distribution divisions in positioning the United Arab Emirates among the world's fashion reference points, the fashion industry (clothing, footwear, and leather goods) has a very major social and economic significance in Dubai and the other Emirati states. As a result, it is projected that the LAMEA region's winter footwear market will expand.
The Brazil market dominated the LAMEA Winter Footwear Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $184.6 Million by 2028. The Argentina market is experiencing a CAGR of 7.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 6.7% during (2022 - 2028).
Based on Type, the market is segmented into Boots, Shoes and Others. Based on Distribution Channel, the market is segmented into Offline and Online. Based on End User, the market is segmented into Men, Women and Children. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Winter Footwear Market is Projected to reach USD 11.4 Billion by 2028, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SOREL Corporation (Columbia Sportswear Company), Wolverine World Wide, Inc., Deckers Outdoor Corporation, Airwair International Ltd. (Dr. Martens) (Permira), Nike, Inc., Rocky Brands, Inc., Danner (ABC Mart Korea Co., Ltd.), Norse Projects, Amer Sports, and New Balance Athletics, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Distribution Channel
By End User
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- SOREL Corporation (Columbia Sportswear Company)
- Wolverine World Wide, Inc.
- Deckers Outdoor Corporation
- Airwair International Ltd. (Dr. Martens) (Permira)
- Nike, Inc.
- Rocky Brands, Inc.
- Danner (ABC Mart Korea Co., Ltd.)
- Norse Projects
- Amer Sports
- New Balance Athletics, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Winter Footwear Market, by Type
1.4.2 LAMEA Winter Footwear Market, by Distribution Channel
1.4.3 LAMEA Winter Footwear Market, by End User
1.4.4 LAMEA Winter Footwear Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Winter Footwear Market by Type
3.1 LAMEA Boots Market by Country
3.2 LAMEA Shoes Market by Country
3.3 LAMEA Others Market by Country
Chapter 4. LAMEA Winter Footwear Market by Distribution Channel
4.1 LAMEA Offline Market by Country
4.2 LAMEA Online Market by Country
Chapter 5. LAMEA Winter Footwear Market by End User
5.1 LAMEA Men Market by Country
5.2 LAMEA Women Market by Country
5.3 LAMEA Children Market by Country
Chapter 6. LAMEA Winter Footwear Market by Country
6.1 Brazil Winter Footwear Market
6.1.1 Brazil Winter Footwear Market by Type
6.1.2 Brazil Winter Footwear Market by Distribution Channel
6.1.3 Brazil Winter Footwear Market by End User
6.2 Argentina Winter Footwear Market
6.2.1 Argentina Winter Footwear Market by Type
6.2.2 Argentina Winter Footwear Market by Distribution Channel
6.2.3 Argentina Winter Footwear Market by End User
6.3 UAE Winter Footwear Market
6.3.1 UAE Winter Footwear Market by Type
6.3.2 UAE Winter Footwear Market by Distribution Channel
6.3.3 UAE Winter Footwear Market by End User
6.4 Saudi Arabia Winter Footwear Market
6.4.1 Saudi Arabia Winter Footwear Market by Type
6.4.2 Saudi Arabia Winter Footwear Market by Distribution Channel
6.4.3 Saudi Arabia Winter Footwear Market by End User
6.5 South Africa Winter Footwear Market
6.5.1 South Africa Winter Footwear Market by Type
6.5.2 South Africa Winter Footwear Market by Distribution Channel
6.5.3 South Africa Winter Footwear Market by End User
6.6 Nigeria Winter Footwear Market
6.6.1 Nigeria Winter Footwear Market by Type
6.6.2 Nigeria Winter Footwear Market by Distribution Channel
6.6.3 Nigeria Winter Footwear Market by End User
6.7 Rest of LAMEA Winter Footwear Market
6.7.1 Rest of LAMEA Winter Footwear Market by Type
6.7.2 Rest of LAMEA Winter Footwear Market by Distribution Channel
6.7.3 Rest of LAMEA Winter Footwear Market by End User
Chapter 7. Company Profiles
7.1 SOREL Corporation (Columbia Sportswear Company)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.2 Wolverine World Wide, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.3 Deckers Outdoor Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 Airwair International Ltd. (Dr. Martens) (Permira)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.5 Nike, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.6 Rocky Brands, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.7 Danner (ABC Mart Korea Co., Ltd.)
7.7.1 Company Overview
7.8 Norse Projects
7.8.1 Company Overview
7.9 Amer Sports
7.9.1 Company Overview
7.10. New Balance Athletics, Inc.
7.10.1 Company Overview
TABLE 1 LAMEA Winter Footwear Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Winter Footwear Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Winter Footwear Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Winter Footwear Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Boots Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Boots Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Shoes Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Shoes Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Winter Footwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 12 LAMEA Winter Footwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 13 LAMEA Offline Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Offline Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Online Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Online Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Winter Footwear Market by End User, 2018 - 2021, USD Million
TABLE 18 LAMEA Winter Footwear Market by End User, 2022 - 2028, USD Million
TABLE 19 LAMEA Men Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Men Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Women Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Women Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Children Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Children Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Winter Footwear Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Winter Footwear Market by Country, 2022 - 2028, USD Million
TABLE 27 Brazil Winter Footwear Market, 2018 - 2021, USD Million
TABLE 28 Brazil Winter Footwear Market, 2022 - 2028, USD Million
TABLE 29 Brazil Winter Footwear Market by Type, 2018 - 2021, USD Million
TABLE 30 Brazil Winter Footwear Market by Type, 2022 - 2028, USD Million
TABLE 31 Brazil Winter Footwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 Brazil Winter Footwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 Brazil Winter Footwear Market by End User, 2018 - 2021, USD Million
TABLE 34 Brazil Winter Footwear Market by End User, 2022 - 2028, USD Million
TABLE 35 Argentina Winter Footwear Market, 2018 - 2021, USD Million
TABLE 36 Argentina Winter Footwear Market, 2022 - 2028, USD Million
TABLE 37 Argentina Winter Footwear Market by Type, 2018 - 2021, USD Million
TABLE 38 Argentina Winter Footwear Market by Type, 2022 - 2028, USD Million
TABLE 39 Argentina Winter Footwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 Argentina Winter Footwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Argentina Winter Footwear Market by End User, 2018 - 2021, USD Million
TABLE 42 Argentina Winter Footwear Market by End User, 2022 - 2028, USD Million
TABLE 43 UAE Winter Footwear Market, 2018 - 2021, USD Million
TABLE 44 UAE Winter Footwear Market, 2022 - 2028, USD Million
TABLE 45 UAE Winter Footwear Market by Type, 2018 - 2021, USD Million
TABLE 46 UAE Winter Footwear Market by Type, 2022 - 2028, USD Million
TABLE 47 UAE Winter Footwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 48 UAE Winter Footwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 49 UAE Winter Footwear Market by End User, 2018 - 2021, USD Million
TABLE 50 UAE Winter Footwear Market by End User, 2022 - 2028, USD Million
TABLE 51 Saudi Arabia Winter Footwear Market, 2018 - 2021, USD Million
TABLE 52 Saudi Arabia Winter Footwear Market, 2022 - 2028, USD Million
TABLE 53 Saudi Arabia Winter Footwear Market by Type, 2018 - 2021, USD Million
TABLE 54 Saudi Arabia Winter Footwear Market by Type, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Winter Footwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Winter Footwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Winter Footwear Market by End User, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Winter Footwear Market by End User, 2022 - 2028, USD Million
TABLE 59 South Africa Winter Footwear Market, 2018 - 2021, USD Million
TABLE 60 South Africa Winter Footwear Market, 2022 - 2028, USD Million
TABLE 61 South Africa Winter Footwear Market by Type, 2018 - 2021, USD Million
TABLE 62 South Africa Winter Footwear Market by Type, 2022 - 2028, USD Million
TABLE 63 South Africa Winter Footwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 64 South Africa Winter Footwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 65 South Africa Winter Footwear Market by End User, 2018 - 2021, USD Million
TABLE 66 South Africa Winter Footwear Market by End User, 2022 - 2028, USD Million
TABLE 67 Nigeria Winter Footwear Market, 2018 - 2021, USD Million
TABLE 68 Nigeria Winter Footwear Market, 2022 - 2028, USD Million
TABLE 69 Nigeria Winter Footwear Market by Type, 2018 - 2021, USD Million
TABLE 70 Nigeria Winter Footwear Market by Type, 2022 - 2028, USD Million
TABLE 71 Nigeria Winter Footwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 72 Nigeria Winter Footwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 73 Nigeria Winter Footwear Market by End User, 2018 - 2021, USD Million
TABLE 74 Nigeria Winter Footwear Market by End User, 2022 - 2028, USD Million
TABLE 75 Rest of LAMEA Winter Footwear Market, 2018 - 2021, USD Million
TABLE 76 Rest of LAMEA Winter Footwear Market, 2022 - 2028, USD Million
TABLE 77 Rest of LAMEA Winter Footwear Market by Type, 2018 - 2021, USD Million
TABLE 78 Rest of LAMEA Winter Footwear Market by Type, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Winter Footwear Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Winter Footwear Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Winter Footwear Market by End User, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Winter Footwear Market by End User, 2022 - 2028, USD Million
TABLE 83 Key Information – SOREL Corporation
TABLE 84 Key Information – Wolverine World Wide, Inc.
TABLE 85 Key Information – Deckers Outdoor Corporation
TABLE 86 Key Information – Airwair International Ltd.
TABLE 87 Key Information – Nike, Inc.
TABLE 88 Key Information – Rocky Brands, Inc.
TABLE 89 Key Information – Danner
TABLE 90 Key Information – NORSE PROJECTS
TABLE 91 Key Information – Amer Sports
TABLE 92 Key Information – New Balance Athletics, Inc.
List of Figures
FIG 1 Methodology for the research