United Arab Emirates (UAE) Kids Footwear Market (2023-2029) | 6Wresearch
United Arab Emirates (UAE) Kids Footwear Market Synopsis
United Arab Emirates (UAE) kids Footwear Market has shown decent growth during the pre-covid years owing to the tourist's arrival in the nation which has increased to 21.6 million in 2019 from 20.2 million in 2018. However, the market has seen a decline in its total revenue in 2020 as the COVID-19 pandemic led to the closure of retail shops which negatively impacted the market. Further, government Tourism Strategy 2031 in order to attract 40 million tourists by 2031 would augment the market of kid's footwear in the years ahead.
According to 6Wresearch, the United Arab Emirates (UAE) Kids Footwear Market size and market volume are projected to grow at a CAGR of 4.6% and 3.3% respectively during 2023–29. UAE kids footwear market is expected to show decent growth in the coming years owing to the growing awareness of the importance of physical fitness and healthy lifestyles along with the rising spending of tourists in the country. Additionally, the government's Tourism Strategy 2031 under its Vision 2030 aims to bring 40 million tourists by 2031 which is expected to boost shopping activities, including the purchase of kids' footwear. Moreover, the rising e-commerce sector and increasing social media penetration are driving the demand for premium and custom-made footwear for kids in UAE. The strict guidelines in the country that require children to adhere to a dress code in schools would contribute to the growth of the kids footwear market.
Key Highlights of the Report
- UAE Kids Footwear Market Overview
- UAE Kids Footwear Market Outlook
- UAE Kids Footwear Market Forecast
- Market Drivers and Restraints
- UAE Kids Footwear Market Trend
- Historical Data and Forecast of UAE Kids Footwear Market Revenues & Volume for the Period 2019-2029F
- Historical Data and Forecast of UAE Kids Footwear Market Revenues & Volume, By Product Type, for the Period 2019-2029F
- Historical Data and Forecast of UAE Kids Footwear Market Revenues & Volume, By End Users, for the Period 2019-2029F
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