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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

Published Date : 29-Dec-2023

Pages: 130

Formats: PDF

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.

Free Valuable Insights: The Worldwide Men Formal Shoes Market is Projected to reach USD 14.1 Billion by 2030, at a CAGR of 7.1%

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.
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
TABLE 1 LAMEA Men Formal Shoes Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Men Formal Shoes Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Men Formal Shoes Market, 2019 - 2022, Thousand Units
TABLE 4 LAMEA Men Formal Shoes Market, 2023 - 2030, Thousand Units
TABLE 5 LAMEA Men Formal Shoes Market, by Type, 2019 - 2022, USD Million
TABLE 6 LAMEA Men Formal Shoes Market, by Type, 2023 - 2030, USD Million
TABLE 7 LAMEA Men Formal Shoes Market, by Type, 2019 - 2022, Thousand Units
TABLE 8 LAMEA Men Formal Shoes Market, by Type, 2023 - 2030, Thousand Units
TABLE 9 LAMEA Oxford Shoes Market, by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Oxford Shoes Market, by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Oxford Shoes Market, by Country, 2019 - 2022, Thousand Units
TABLE 12 LAMEA Oxford Shoes Market, by Country, 2023 - 2030, Thousand Units
TABLE 13 LAMEA Derby Shoes Market, by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Derby Shoes Market, by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Derby Shoes Market, by Country, 2019 - 2022, Thousand Units
TABLE 16 LAMEA Derby Shoes Market, by Country, 2023 - 2030, Thousand Units
TABLE 17 LAMEA Loafer Shoes Market, by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Loafer Shoes Market, by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Loafer Shoes Market, by Country, 2019 - 2022, Thousand Units
TABLE 20 LAMEA Loafer Shoes Market, by Country, 2023 - 2030, Thousand Units
TABLE 21 LAMEA Boots Shoes Market, by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Boots Shoes Market, by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Boots Shoes Market, by Country, 2019 - 2022, Thousand Units
TABLE 24 LAMEA Boots Shoes Market, by Country, 2023 - 2030, Thousand Units
TABLE 25 LAMEA Men Formal Shoes Market, by Leather Type, 2019 - 2022, USD Million
TABLE 26 LAMEA Men Formal Shoes Market, by Leather Type, 2023 - 2030, USD Million
TABLE 27 LAMEA Men Formal Shoes Market, by Leather Type, 2019 - 2022, Thousand Units
TABLE 28 LAMEA Men Formal Shoes Market, by Leather Type, 2023 - 2030, Thousand Units
TABLE 29 LAMEA Patent Leather Market, by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Patent Leather Market, by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Patent Leather Market, by Country, 2019 - 2022, Thousand Units
TABLE 32 LAMEA Patent Leather Market, by Country, 2023 - 2030, Thousand Units
TABLE 33 LAMEA Pebble & Full grain Leather Market, by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Pebble & Full grain Leather Market, by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Pebble & Full grain Leather Market, by Country, 2019 - 2022, Thousand Units
TABLE 36 LAMEA Pebble & Full grain Leather Market, by Country, 2023 - 2030, Thousand Units
TABLE 37 LAMEA Top grain Leather Market, by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Top grain Leather Market, by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Top grain Leather Market, by Country, 2019 - 2022, Thousand Units
TABLE 40 LAMEA Top grain Leather Market, by Country, 2023 - 2030, Thousand Units
TABLE 41 LAMEA Suede Leather Market, by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Suede Leather Market, by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Suede Leather Market, by Country, 2019 - 2022, Thousand Units
TABLE 44 LAMEA Suede Leather Market, by Country, 2023 - 2030, Thousand Units
TABLE 45 LAMEA Men Formal Shoes Market, by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Men Formal Shoes Market, by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Men Formal Shoes Market, by Country, 2019 - 2022, Thousand Units
TABLE 48 LAMEA Men Formal Shoes Market, by Country, 2023 - 2030, Thousand Units
TABLE 49 Brazil Men Formal Shoes Market, 2019 - 2022, USD Million
TABLE 50 Brazil Men Formal Shoes Market, 2023 - 2030, USD Million
TABLE 51 Brazil Men Formal Shoes Market, 2019 - 2022, Thousand Units
TABLE 52 Brazil Men Formal Shoes Market, 2023 - 2030, Thousand Units
TABLE 53 Brazil Men Formal Shoes Market, by Type, 2019 - 2022, USD Million
TABLE 54 Brazil Men Formal Shoes Market, by Type, 2023 - 2030, USD Million
TABLE 55 Brazil Men Formal Shoes Market, by Type, 2019 - 2022, Thousand Units
TABLE 56 Brazil Men Formal Shoes Market, by Type, 2023 - 2030, Thousand Units
TABLE 57 Brazil Men Formal Shoes Market, by Leather Type, 2019 - 2022, USD Million
TABLE 58 Brazil Men Formal Shoes Market, by Leather Type, 2023 - 2030, USD Million
TABLE 59 Brazil Men Formal Shoes Market, by Leather Type, 2019 - 2022, Thousand Units
TABLE 60 Brazil Men Formal Shoes Market, by Leather Type, 2023 - 2030, Thousand Units
TABLE 61 Argentina Men Formal Shoes Market, 2019 - 2022, USD Million
TABLE 62 Argentina Men Formal Shoes Market, 2023 - 2030, USD Million
TABLE 63 Argentina Men Formal Shoes Market, 2019 - 2022, Thousand Units
TABLE 64 Argentina Men Formal Shoes Market, 2023 - 2030, Thousand Units
TABLE 65 Argentina Men Formal Shoes Market, by Type, 2019 - 2022, USD Million
TABLE 66 Argentina Men Formal Shoes Market, by Type, 2023 - 2030, USD Million
TABLE 67 Argentina Men Formal Shoes Market, by Type, 2019 - 2022, Thousand Units
TABLE 68 Argentina Men Formal Shoes Market, by Type, 2023 - 2030, Thousand Units
TABLE 69 Argentina Men Formal Shoes Market, by Leather Type, 2019 - 2022, USD Million
TABLE 70 Argentina Men Formal Shoes Market, by Leather Type, 2023 - 2030, USD Million
TABLE 71 Argentina Men Formal Shoes Market, by Leather Type, 2019 - 2022, Thousand Units
TABLE 72 Argentina Men Formal Shoes Market, by Leather Type, 2023 - 2030, Thousand Units
TABLE 73 UAE Men Formal Shoes Market, 2019 - 2022, USD Million
TABLE 74 UAE Men Formal Shoes Market, 2023 - 2030, USD Million
TABLE 75 UAE Men Formal Shoes Market, 2019 - 2022, Thousand Units
TABLE 76 UAE Men Formal Shoes Market, 2023 - 2030, Thousand Units
TABLE 77 UAE Men Formal Shoes Market, by Type, 2019 - 2022, USD Million
TABLE 78 UAE Men Formal Shoes Market, by Type, 2023 - 2030, USD Million
TABLE 79 UAE Men Formal Shoes Market, by Type, 2019 - 2022, Thousand Units
TABLE 80 UAE Men Formal Shoes Market, by Type, 2023 - 2030, Thousand Units
TABLE 81 UAE Men Formal Shoes Market, by Leather Type, 2019 - 2022, USD Million
TABLE 82 UAE Men Formal Shoes Market, by Leather Type, 2023 - 2030, USD Million
TABLE 83 UAE Men Formal Shoes Market, by Leather Type, 2019 - 2022, Thousand Units
TABLE 84 UAE Men Formal Shoes Market, by Leather Type, 2023 - 2030, Thousand Units
TABLE 85 Saudi Arabia Men Formal Shoes Market, 2019 - 2022, USD Million
TABLE 86 Saudi Arabia Men Formal Shoes Market, 2023 - 2030, USD Million
TABLE 87 Saudi Arabia Men Formal Shoes Market, 2019 - 2022, Thousand Units
TABLE 88 Saudi Arabia Men Formal Shoes Market, 2023 - 2030, Thousand Units
TABLE 89 Saudi Arabia Men Formal Shoes Market, by Type, 2019 - 2022, USD Million
TABLE 90 Saudi Arabia Men Formal Shoes Market, by Type, 2023 - 2030, USD Million
TABLE 91 Saudi Arabia Men Formal Shoes Market, by Type, 2019 - 2022, Thousand Units
TABLE 92 Saudi Arabia Men Formal Shoes Market, by Type, 2023 - 2030, Thousand Units
TABLE 93 Saudi Arabia Men Formal Shoes Market, by Leather Type, 2019 - 2022, USD Million
TABLE 94 Saudi Arabia Men Formal Shoes Market, by Leather Type, 2023 - 2030, USD Million
TABLE 95 Saudi Arabia Men Formal Shoes Market, by Leather Type, 2019 - 2022, Thousand Units
TABLE 96 Saudi Arabia Men Formal Shoes Market, by Leather Type, 2023 - 2030, Thousand Units
TABLE 97 South Africa Men Formal Shoes Market, 2019 - 2022, USD Million
TABLE 98 South Africa Men Formal Shoes Market, 2023 - 2030, USD Million
TABLE 99 South Africa Men Formal Shoes Market, 2019 - 2022, Thousand Units
TABLE 100 South Africa Men Formal Shoes Market, 2023 - 2030, Thousand Units
TABLE 101 South Africa Men Formal Shoes Market, by Type, 2019 - 2022, USD Million
TABLE 102 South Africa Men Formal Shoes Market, by Type, 2023 - 2030, USD Million
TABLE 103 South Africa Men Formal Shoes Market, by Type, 2019 - 2022, Thousand Units
TABLE 104 South Africa Men Formal Shoes Market, by Type, 2023 - 2030, Thousand Units
TABLE 105 South Africa Men Formal Shoes Market, by Leather Type, 2019 - 2022, USD Million
TABLE 106 South Africa Men Formal Shoes Market, by Leather Type, 2023 - 2030, USD Million
TABLE 107 South Africa Men Formal Shoes Market, by Leather Type, 2019 - 2022, Thousand Units
TABLE 108 South Africa Men Formal Shoes Market, by Leather Type, 2023 - 2030, Thousand Units
TABLE 109 Nigeria Men Formal Shoes Market, 2019 - 2022, USD Million
TABLE 110 Nigeria Men Formal Shoes Market, 2023 - 2030, USD Million
TABLE 111 Nigeria Men Formal Shoes Market, 2019 - 2022, Thousand Units
TABLE 112 Nigeria Men Formal Shoes Market, 2023 - 2030, Thousand Units
TABLE 113 Nigeria Men Formal Shoes Market, by Type, 2019 - 2022, USD Million
TABLE 114 Nigeria Men Formal Shoes Market, by Type, 2023 - 2030, USD Million
TABLE 115 Nigeria Men Formal Shoes Market, by Type, 2019 - 2022, Thousand Units
TABLE 116 Nigeria Men Formal Shoes Market, by Type, 2023 - 2030, Thousand Units
TABLE 117 Nigeria Men Formal Shoes Market, by Leather Type, 2019 - 2022, USD Million
TABLE 118 Nigeria Men Formal Shoes Market, by Leather Type, 2023 - 2030, USD Million
TABLE 119 Nigeria Men Formal Shoes Market, by Leather Type, 2019 - 2022, Thousand Units
TABLE 120 Nigeria Men Formal Shoes Market, by Leather Type, 2023 - 2030, Thousand Units
TABLE 121 Rest of LAMEA Men Formal Shoes Market, 2019 - 2022, USD Million
TABLE 122 Rest of LAMEA Men Formal Shoes Market, 2023 - 2030, USD Million
TABLE 123 Rest of LAMEA Men Formal Shoes Market, 2019 - 2022, Thousand Units
TABLE 124 Rest of LAMEA Men Formal Shoes Market, 2023 - 2030, Thousand Units
TABLE 125 Rest of LAMEA Men Formal Shoes Market, by Type, 2019 - 2022, USD Million
TABLE 126 Rest of LAMEA Men Formal Shoes Market, by Type, 2023 - 2030, USD Million
TABLE 127 Rest of LAMEA Men Formal Shoes Market, by Type, 2019 - 2022, Thousand Units
TABLE 128 Rest of LAMEA Men Formal Shoes Market, by Type, 2023 - 2030, Thousand Units
TABLE 129 Rest of LAMEA Men Formal Shoes Market, by Leather Type, 2019 - 2022, USD Million
TABLE 130 Rest of LAMEA Men Formal Shoes Market, by Leather Type, 2023 - 2030, USD Million
TABLE 131 Rest of LAMEA Men Formal Shoes Market, by Leather Type, 2019 - 2022, Thousand Units
TABLE 132 Rest of LAMEA Men Formal Shoes Market, by Leather Type, 2023 - 2030, Thousand Units
TABLE 133 Key Information – Guccio Gucci S.p.A.
TABLE 134 Key Information – Cole Haan (Apax Partners LLP)
TABLE 135 Key Information –Burberry Group PLC
TABLE 136 key Information – LVMH SE
TABLE 137 Key Information – Church & Co Ltd.
TABLE 138 Key Information – PVH Corporation
TABLE 139 Key Information – HUgo boss ag
TABLE 140 Key Information – C & J. Clark international ltd.
TABLE 141 Key Information – alden shoe company
TABLE 142 Key Information – Dolce & Gabbana S.r.l.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Men Formal Shoes Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Men Formal Shoes Market
FIG 4 Porter’s Five Forces Analysis – Men formal shoes market
FIG 5 LAMEA Men Formal Shoes Market share, by Type, 2022
FIG 6 LAMEA Men Formal Shoes Market share, by Type, 2030
FIG 7 LAMEA Men Formal Shoes Market, by Type, 2019 - 2030, USD Million
FIG 8 LAMEA Men Formal Shoes Market share, by Leather Type, 2022
FIG 9 LAMEA Men Formal Shoes Market share, by Leather Type, 2030
FIG 10 LAMEA Men Formal Shoes Market, by Leather Type, 2019 - 2030, USD Million
FIG 11 LAMEA Men Formal Shoes Market share, by Country, 2022
FIG 12 LAMEA Men Formal Shoes Market share, by Country, 2030
FIG 13 LAMEA Men Formal Shoes Market, by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: GUCCIO GUCCI S.P.A.
FIG 15 Recent strategies and developments: Cole Haan
FIG 16 SWOT Analysis: Cole Haan
FIG 17 SWOT Analysis: Burberry Group PLC
FIG 18 SWOT Analysis: LVMH SE
FIG 19 SWOT Analysis: Church & Co Ltd. (Prada S.p.A.)
FIG 20 SWOT Analysis: PVH Corporation
FIG 21 SWOT Analysis: HUGO BOSS AG
FIG 22 SWOT Analysis: C & J. Clark International Ltd.
FIG 23 SWOT Analysis: Alden Shoe Company
FIG 24 SWOT Analysis: Dolce & Gabbana S.r.l.

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