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LAMEA Men Formal Shoes Market Size, Share & Industry Trends Analysis Report By Type, By Leather Type (Patent Leather, Pebble & Full grain Leather, Top grain Leather, and Suede Leather), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 130 Pages
  • December 2023
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5922476
The Latin America, Middle East and Africa Men Formal Shoes Market would witness market growth of 9.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 14,143.8 thousand units, showcasing a growth of 10.5% (2023-2030).

Continuously changing fashion trends have been driving the growth of the men formal shoes market. As fashion evolves, there's a growing interest in blending formal styles with casual elements, influencing the demand for versatile formal shoes that can complement a range of outfits. Additionally, manufacturers are exploring innovative materials and manufacturing techniques to create formal shoes that are not only durable but also eco-friendly. Integrating sustainable materials like recycled leather, plant-based alternatives, and other environmentally conscious options resonates with consumers seeking sustainable fashion choices.

Brands offering customization options have seen a surge in demand. Whether through color choices, material preferences, or bespoke services, personalizing shoes appeals to consumers seeking unique, one-of-a-kind formal footwear. The requirement for formal attire in professional environments sustains the demand for men's formal shoes. Industries such as finance, law, business, and corporate sectors mandate formal dress codes, leading to a consistent demand for formal footwear among professionals.

As corporate cultures evolve to become more formal or maintain a business casual dress code, there remains a persistent need for appropriate formal attire, including formal shoes. Professionals in corporate settings must dress impeccably, driving the demand for men's formal shoes. According to Agencia IBGE Noticias of Brazil, in 2020, 826,4 thousand companies started their businesses. Thus, due to the expanding corporate culture and tourism & hospitality industry, the market for men formal shoes will see an expedited growth in the coming years.

The Brazil market dominated the LAMEA Men Formal Shoes Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $324.8 Million by 2030. The Argentina market is showcasing a CAGR of 9.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.8% during (2023 - 2030).

Based on Type, the market is segmented into Oxford Shoes, Derby Shoes, Loafer Shoes, and Boots Shoes. Based on Leather Type, the market is segmented into Patent Leather, Pebble & Full grain Leather, Top grain Leather, and Suede Leather. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Guccio Gucci S.p.A. (Kering Group), Cole Haan (Apax Partners LLP), Burberry Group PLC, LVMH SE (Christian Dior), Church & Co Ltd. (Prada S.p.A.), PVH Corporation, Hugo Boss AG, C & J. Clark international ltd., Alden shoe company, Dolce & Gabbana S.r.l.

Scope of the Study

Market Segments Covered in the Report:

By Type (Volume, Thousand Units, USD Billion, 2019-2030)

  • Oxford Shoes
  • Derby Shoes
  • Loafer Shoes
  • Boots Shoes

By Leather Type (Volume, Thousand Units, USD Billion, 2019-2030)

  • Patent Leather
  • Pebble & Full grain Leather
  • Top grain Leather
  • Suede Leather

By Country (Volume, Thousand Units, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Guccio Gucci S.p.A. (Kering Group)
  • Cole Haan (Apax Partners LLP)
  • Burberry Group PLC
  • LVMH SE (Christian Dior)
  • Church & Co Ltd. (Prada S.p.A.)
  • PVH Corporation
  • Hugo Boss AG
  • C & J. Clark international ltd.
  • Alden shoe company
  • Dolce & Gabbana S.r.l.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Men Formal Shoes Market, by Type
1.4.2 LAMEA Men Formal Shoes Market, by Leather Type
1.4.3 LAMEA Men Formal Shoes Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Men Formal Shoes Market, by Type
4.1 LAMEA Oxford Shoes Market, by Country
4.2 LAMEA Derby Shoes Market, by Country
4.3 LAMEA Loafer Shoes Market, by Country
4.4 LAMEA Boots Shoes Market, by Country
Chapter 5. LAMEA Men Formal Shoes Market, by Leather Type
5.1 LAMEA Patent Leather Market, by Country
5.2 LAMEA Pebble & Full grain Leather Market, by Country
5.3 LAMEA Top grain Leather Market, by Country
5.4 LAMEA Suede Leather Market, by Country
Chapter 6. LAMEA Men Formal Shoes Market, by Country
6.1 Brazil Men Formal Shoes Market
6.1.1 Brazil Men Formal Shoes Market, by Type
6.1.2 Brazil Men Formal Shoes Market, by Leather Type
6.2 Argentina Men Formal Shoes Market
6.2.1 Argentina Men Formal Shoes Market, by Type
6.2.2 Argentina Men Formal Shoes Market, by Leather Type
6.3 UAE Men Formal Shoes Market
6.3.1 UAE Men Formal Shoes Market, by Type
6.3.2 UAE Men Formal Shoes Market, by Leather Type
6.4 Saudi Arabia Men Formal Shoes Market
6.4.1 Saudi Arabia Men Formal Shoes Market, by Type
6.4.2 Saudi Arabia Men Formal Shoes Market, by Leather Type
6.5 South Africa Men Formal Shoes Market
6.5.1 South Africa Men Formal Shoes Market, by Type
6.5.2 South Africa Men Formal Shoes Market, by Leather Type
6.6 Nigeria Men Formal Shoes Market
6.6.1 Nigeria Men Formal Shoes Market, by Type
6.6.2 Nigeria Men Formal Shoes Market, by Leather Type
6.7 Rest of LAMEA Men Formal Shoes Market
6.7.1 Rest of LAMEA Men Formal Shoes Market, by Type
6.7.2 Rest of LAMEA Men Formal Shoes Market, by Leather Type
Chapter 7. Company Profiles
7.1 Guccio Gucci S.p.A. (Kering Group)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Geographical Expansions:
7.1.5 SWOT Analysis
7.2 Cole Haan (Apax Partners LLP)
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Partnerships, Collaborations, and Agreements:
7.2.2.2 Geographical Expansions:
7.2.3 SWOT Analysis
7.3 Burberry Group PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.3.5 SWOT Analysis
7.4 LVMH SE (Christian Dior)
7.4.1 Company Overview
7.4.3 Segmental and Regional Analysis
7.4.4 SWOT Analysis
7.5 Church & Co Ltd. (Prada S.p.A.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 SWOT Analysis
7.6 PVH Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 SWOT Analysis
7.7 Hugo Boss AG
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 SWOT Analysis
7.8 C & J. Clark International Ltd.
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Alden shoe company
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Dolce & Gabbana S.r.l.
7.10.1 Company Overview
7.10.2 SWOT Analysis

Companies Mentioned

  • Guccio Gucci S.p.A. (Kering Group)
  • Cole Haan (Apax Partners LLP)
  • Burberry Group PLC
  • LVMH SE (Christian Dior)
  • Church & Co Ltd. (Prada S.p.A.)
  • PVH Corporation
  • Hugo Boss AG
  • C & J. Clark international ltd.
  • Alden shoe company
  • Dolce & Gabbana S.r.l.

Methodology

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