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Sandals - Gambia

Gambia
  • Revenue in the Sandals market amounts to US$12.3m in 2024. The market is expected to grow annually by 4.14% (CAGR 2024-2029).
  • In global comparison, most revenue is generated China (US$21bn in 2024).
  • In relation to total population figures, per person revenues of US$4.32 are generated in 2024.
  • In the Sandals market, volume is expected to amount to 986.3k pairs by 2029. The Sandals market is expected to show a volume growth of -0.4% in 2025.0.
  • The average volume per person in the Sandals market is expected to amount to 0.35pairs in 2024.

Definition:

The Sandals market covers various types of open-toe footwear suitable for casual, leisure, and sometimes formal occasions. This segment includes flip-flops, slide sandals, gladiator sandals, and dress sandals, focusing on comfort and style.

Additional Information:

Market data encompasses revenue, volume, average price per unit, and sales channels data. Online and offline distribution channels are both important. Prominent brands include Birkenstock, Teva, Crocs, and Havaianas.

In-Scope

  • Casual sandals
  • Flip-flops
  • Slide sandals
  • Dress sandals

Out-Of-Scope

  • Closed-toe shoes
  • Athletic shoes
  • Boots
Sandals: market data & analysis - Cover

Market Insights report

Sandals: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The overall outlook for the fashion industry remains positive as the share of the apparel and footwear portfolio is expected to decline only slightly, leading to enormous overall growth potential. The most important driver for the global footwear market is the increasing importance of emerging markets not only as production sites but also as consumer markets. This indicates a strong impetus for producers and retailers to diversify their geographical presence to enable further growth. Additionally, the athleisure trend that combines comfort with chic and has elevated functional sportswear to coveted fashion statements is bound to continue.

    Methodology

    Data coverage:

    Data encompasses B2C enterprises. Figures are based on the consumer spending on footwear which comprises Sneakers, Athletic Footwear, Leather Footwear, and Textile & Other Footwear segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

    Modeling approach / Market size:

    Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index, and population. This data helps us to estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Footwear market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

    Additional Notes:

    The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

    Consumer

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    Sandals: market data & analysis - BackgroundSandals: market data & analysis - Cover

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    Global footwear market - statistics & facts

    The global footwear market is a multi-billion U.S. dollar industry. A part of the clothing and apparel industry, the footwear market is comprised of shoes, sneakers, luxury footwear, athletic footwear, and sporting shoes, as well as other related goods. Footwear products are commonly made of leather, textile, and a range of synthetic materials. In 2023, the revenue of the global footwear market was estimated to be worth almost 400 billion U.S. dollars.
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