Surging retail spends in MENA to catalyse footwear and leather growth to nearly USD 28 billion

• MENA retail market valued at over USD 800 billion currently is growing at 7.12 per cent CAGR
• The region’s largest footwear & leather product’s show attracts over 250 brands from 15 countries, 10,000 product lines, 300 global buyers, and 4,000 trade visitors on showcase

Dubai, December 4, 2024:  On the back of robust retail spends growing at over 7 per cent CAGR, fuelled by an increasing affluent and young consumer base in the Middle East and Africa (MENA) region, leather and footwear market is poised to harvest a windfall growth of nearly USD 28 billion in the next five years.

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