Sneakers - Morocco
Morocco- In 2024, the Sneakers market in Morocco is expected to generate a revenue of US$90.1m.
- It is projected to experience a steady annual growth of 5.17% (CAGR 2024-2029).
- In terms of global comparison, United States is the leading country with the highest revenue of US$25bn in 2024.
- When considering the revenue generated in relation to the total population figures, it is estimated that per person revenues of US$2.36 will be generated in the same year.
- Moreover, the volume in the Sneakers market is expected to increase and reach 1.7m pairs by 2029.
- The market is also expected to show a growth of 3.0% in 2025.0.
- In 2024, the average volume per person in the Sneakers market is expected to be 0.04pairs.
- These projections indicate a positive trend for the Sneakers market in Morocco.
- Moroccan consumers are increasingly interested in unique and locally-made sneakers that showcase traditional Moroccan craftsmanship.
- Key regions:
- Australia,
- China,
- India,
- Vietnam,
- Philippines
Definition:
The market for Sneakers refers to so-called “athleisure” footwear, i.e., everyday footwear with an athletic appearance where fashion aspects outweigh functional ones. The segments Sneakers and Athletic Footwear have seen an upsurge during the past years and have gained in importance in comparison to classic town footwear. Athletic Footwear that is specifically designed for sports purposes (e.g., soccer, tennis, basketball, etc.) is excluded and can be found in the corresponding Athletic Footwear segment.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (per pair), and sales channels data. The online distribution channel refers to the purchase of physical goods from a digital marketplace. In other words, the purchase is conducted via the internet, be it on a desktop PC, tablet, or smartphone. The offline distribution channel covers all purchases in stationary stores, by telesales, or via mail order (e.g., print catalogs).
Key players in the market include companies such as Nike, Adidas, Puma, and Asics.
In-Scope
- "Athleisure" footwear (everyday shoes with athletic design)
Out-Of-Scope
- Functional athletic footwear (e.g. for tennis, basketball, soccer, running etc.)
- Work and safety shoes
