Saudi Arabia Luxury Footwear Market By Product Type (Formal Shoes, Casual Shoes), By Gender (Men, Women, Children), By Sales Channel (Online, Offline), By Region, Competition, Forecast & Opportunities, 2020-2030F

Market Overview

Saudi Arabia Luxury Footwear Market was valued at USD 285.81 Million in 2024 and is expected to reach USD 358.42 Million by 2030 with a CAGR of 3.90% during the forecast period. Rising disposable incomes, an expanding youth population with strong fashion awareness, growing tourism, the development of luxury retail infrastructure, and the growing impact of social media trends are fueling demand for luxury footwear in Saudi Arabia. This demand is particularly strong among affluent consumers who seek premium international brands and exclusive products through both physical stores and online platforms. Saudi Arabia accounts for 41 percent of the total Fashion and Luxury market in the GCC and is expected to grow by USD 12 billion, rising from USD 30 billion in 2023, according to the State of Fashion in the Kingdom of Saudi Arabia, 2023 report. Additionally, the fashion industry contributed 2.5% to Saudi Arabia’s overall GDP in 2023.

Key Market Drivers

Rising Disposable Income and Affluent Consumer Base

One of the most significant drivers of the luxury footwear market in Saudi Arabia is the rise in disposable income and the growth of an affluent consumer segment. At the end of 2024, Saudi Arabia’s GDP per capita is estimated at USD32,149 USD. Over the past four years, the country’s economy has grown at an average annual rate of 3.3%, making it the 8th largest economy in the Asia-Pacific region, surpassing Australia. Over the past decade, Saudi Arabia has seen substantial economic diversification, with Vision 2030 accelerating investments in non-oil sectors such as entertainment, tourism, and retail. These initiatives have contributed to job creation and income growth, particularly among younger demographics and women entering the workforce. With more financial freedom, consumers are increasingly willing to spend on high-end, aspirational products including luxury footwear. Moreover, Saudi Arabia has one of the highest per capita spending rates in the Middle East, particularly in cities like Riyadh and Jeddah. Consumers in these urban hubs seek products that reflect social status, style, and exclusivity, making luxury footwear a popular choice. Many high-income individuals prefer to shop internationally recognized luxury brands, which are associated with quality craftsmanship and prestige. This shift in lifestyle and purchasing power creates fertile ground for the growth of premium footwear labels.

Youth-Driven Fashion Consciousness and Western Influence

Another key driver of the luxury footwear market in Saudi Arabia is the growing fashion consciousness among the youth, heavily influenced by Western culture, social media, and celebrity trends. Saudi Arabia has a youthful population, with over half of its citizens under the age of 30. This demographic is highly engaged with digital platforms like Instagram, Snapchat, and TikTok, where global fashion trends are rapidly disseminated and consumed. As a result, luxury footwear has become a coveted item for status, self-expression, and identity among Saudi youth. The younger generation is increasingly exposed to international fashion through travel, global media, and the Kingdom’s growing openness to foreign culture. High-profile collaborations, limited-edition sneakers, and designer footwear endorsed by celebrities and influencers have spurred demand for high-end shoes. Brands like Christian Louboutin, Balenciaga, and Gucci have successfully tapped into this youth-driven market by offering footwear that blends exclusivity with trendiness. This shift is also visible in how young consumers shop many now prioritize style, uniqueness, and brand image over functionality or price. Sneakers, for example, once viewed as casual wear, are now luxury collectibles and fashion statements. As luxury brands continue to cater to these changing tastes through innovative designs and digital marketing, the youth segment will remain a powerful force in driving luxury footwear sales.

Expansion of Luxury Retail and E-commerce Infrastructure

The expansion of luxury retail outlets and e-commerce infrastructure in Saudi Arabia is significantly propelling the growth of the luxury footwear market. As part of the Vision 2030 economic reform plan, the Saudi government has prioritized developing the retail and entertainment sectors. This has led to the establishment of world-class shopping malls, high-end department stores, and dedicated luxury fashion districts, particularly in Riyadh and Jeddah. International luxury brands are increasingly entering the Saudi market through flagship stores, partnerships with regional retail giants like Al Tayer Group and Chalhoub Group, and pop-up experiences. These initiatives enhance the availability and visibility of luxury footwear, allowing consumers to experience and purchase premium products locally rather than traveling abroad. The in-store ambiance, customer service, and exclusivity of physical retail locations play a key role in influencing purchase decisions, especially for luxury items. Saudi Arabia has seen rapid growth in digital infrastructure and online retail adoption. With internet penetration at 100% and a digitally savvy population, online shopping for luxury goods, including footwear, has become increasingly popular. E-commerce platforms like Ounass, Farfetch, and The Luxury Closet provide seamless shopping experiences, localized customer service, and access to global inventory. Many brands also offer direct-to-consumer options through their websites with Arabic language support and region-specific offerings. 

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Key Market Challenges

High Import Dependence and Tariff Barriers

One of the major challenges in Saudi Arabia Luxury Footwear Market is the heavy dependence on imported goods, which exposes the market to high tariffs, customs duties, and supply chain vulnerabilities. Since the Kingdom does not have a well-developed domestic luxury footwear manufacturing sector, most premium shoes are sourced from Europe, particularly Italy and France. This reliance makes the market highly sensitive to international trade dynamics, currency fluctuations, and global shipping disruptions. Import duties and logistical costs can significantly increase the retail prices of luxury footwear, which may deter price-sensitive consumers or push them toward shopping abroad or through grey market channels. Moreover, stringent import regulations and bureaucratic processes can delay the entry of new collections or limited-edition footwear, reducing brands’ competitiveness in an increasingly trend-driven market. This challenge is particularly relevant in the context of global supply chain disruptions, such as those experienced during the COVID-19 pandemic and geopolitical tensions. Delays in inventory can affect sales during high-demand periods like Ramadan or White Friday, negatively impacting revenue. Retailers must either absorb some of these costs or risk losing consumers to international online platforms that offer faster delivery and lower prices.

Counterfeit Market and Price Sensitivity

The proliferation of counterfeit luxury products poses a significant challenge to the luxury footwear market in Saudi Arabia. Despite increased government efforts to crack down on the trade of fake goods, counterfeit shoes often modeled after high-end brands remain widely available in informal markets and online platforms. These imitations can be difficult to distinguish from authentic items, especially for first-time buyers or price-conscious consumers, and are sold at a fraction of the price. This undermines brand equity and can erode consumer trust in legitimate retailers. For brands that rely on exclusivity and prestige, the existence of look-alikes dilutes their appeal and reduces the willingness of consumers to invest in the genuine product. Additionally, the presence of counterfeits creates unfair competition, forcing legitimate sellers to justify higher price points while facing revenue loss to cheaper alternatives. Closely tied to this issue is price sensitivity among some segments of Saudi consumers. While the country has a growing affluent class, a significant portion of the population remains cautious with discretionary spending, especially in times of economic uncertainty. This makes it challenging for luxury brands to scale beyond niche audiences, as many consumers may turn to more affordable alternatives or buy luxury footwear only during promotional periods.

Key Market Trends

Rise of Sneaker Culture and Casual Luxury

One of the most prominent trends in the Saudi luxury footwear market is the rapid rise of sneaker culture, blending streetwear with high-end fashion. Once limited to athletic or casual use, sneakers have evolved into luxury status symbols, with brands like Balenciaga, Gucci, Dior, and Louis Vuitton releasing limited-edition, high-priced sneakers that are eagerly sought after by collectors and fashion-forward consumers. This trend is driven primarily by the younger population in Saudi Arabia, who make up a significant portion of the country’s demographic and are highly engaged with global fashion trends through social media and influencers. Celebrity endorsements and collaborations between luxury brands and sportswear giants (such as Nike x Off-White or Adidas x Prada) have only heightened the demand for exclusive sneaker drops. The shift toward more relaxed dress codes and "casual luxury" also contributes to this trend, as consumers look for footwear that combines comfort with style and status. Even within traditional attire, Saudi consumers increasingly pair abayas or thobes with stylish sneakers, reflecting a fusion of modern and cultural fashion sensibilities.

Expansion of Omnichannel Retail and Digital Engagement

A major trend transforming the luxury footwear market in Saudi Arabia is the rapid expansion of omnichannel retail and digitally enhanced customer experiences. With internet penetration at 100% and a highly mobile-savvy population, Saudi consumers increasingly expect seamless integration between physical and digital shopping experiences. Luxury brands are investing heavily in e-commerce platforms, mobile apps, virtual try-ons, and live chat services, enabling customers to browse, compare, and purchase high-end footwear with ease. Retailers like Ounass, Level Shoes, and Farfetch have enhanced their platforms with personalized recommendations, premium delivery options, and virtual consultations, catering to the high expectations of luxury buyers. Physical retail is also evolving. Flagship stores and luxury malls are adopting digital tools, such as touchscreen catalogs, smart mirrors, and augmented reality (AR), to provide immersive shopping experiences. These stores are not just retail spaces but are becoming lifestyle destinations offering personalized service, exclusive events, and luxury lounges creating a stronger emotional connection with the brand. Social media plays a pivotal role in this trend. Brands use platforms like Instagram, TikTok, and Snapchat to launch products, engage with influencers, and offer behind-the-scenes content, making luxury footwear more aspirational and accessible.

Segmental Insights

Product Type Insights

In the Saudi Arabia Luxury Footwear Market, casual shoes have emerged as the dominating product type, driven by evolving fashion preferences, cultural shifts, and a growing youth population. As the Kingdom embraces a more modern and globally connected lifestyle, consumers are moving away from traditional formal shoes and adopting stylish, comfortable alternatives such as designer sneakers, loafers, and luxury slip-ons. This shift is especially evident among millennials and Gen Z, who are highly influenced by global fashion trends, social media, and celebrity endorsements. International brands like Gucci, Balenciaga, Dior, and Louis Vuitton have successfully captured this segment with trendy, limited-edition casual collections. Sneakers, in particular, have transformed into status symbols and collectible items, often purchased not just for wear but as fashion investments. Moreover, changing workplace norms and relaxed dress codes have contributed to the popularity of casual luxury footwear. As more Saudis engage in creative, tech, and entrepreneurial sectors, the demand for fashion-forward yet functional footwear continues to rise. Retailers and brands are responding by increasing their focus on casual lines, offering wider selections both online and in-store. With this momentum, casual luxury shoes are expected to maintain their lead in the Saudi market, reflecting a broader global trend toward elevated everyday fashion. 

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Regional Insights

The Western region of Saudi Arabia stands out as the dominant region in the Saudi Arabia Luxury Footwear Market, driven by its high population density, economic affluence, and strong tourism and retail infrastructure. Cities like Jeddah, Mecca, and Medina serve as key commercial and cultural hubs, attracting both residents and international visitors, which has significantly boosted the demand for luxury goods, including high-end footwear. Jeddah, in particular, is known for its vibrant fashion scene and cosmopolitan lifestyle. It hosts several premium shopping destinations such as Red Sea Mall, Al Salam Mall, and Mall of Arabia, where major luxury brands operate flagship stores offering exclusive collections. The city's affluent population and exposure to international trends make it a key target for global fashion houses. Additionally, the Western region benefits from a growing influx of tourists and pilgrims who often seek high-quality retail experiences during their stay. This has encouraged luxury retailers to expand their presence and tailor offerings to both local and international clientele. With a mix of tradition and modernity, the Western region continues to lead in luxury consumption patterns. Its established retail infrastructure, fashion-forward consumers, and economic vitality make it the central force behind the growth of Saudi Arabia's luxury footwear market.

Recent Developments

• In 2025, Sneaker Con launched its first-ever event in Riyadh, Saudi Arabia, as a highlight of the Riyadh Season celebrations. Held at ANB Arena and running through February 19, the convention hosts more than 150 brands presenting exclusive sneakers, fashion pieces, and accessories. The event offers a dynamic platform for collectors and enthusiasts to buy, sell, and trade limited-edition footwear and apparel.
• In 2024, Chalhoub Group and its Web3-native sneaker brand, SOL3MATES, announced the public launch of their first physical sneaker, the SIROCCO 1. Following a successful pre-order campaign, the limited-edition sneakers are available through the SOL3MATES website and an exclusive network of 15 global retail partners, including Level Shoes, Harrods, Galeries Lafayette, and Atmos Japan.
• In 2023, Level Shoes hosted an exclusive pre-launch pop-up event in Riyadh, unveiling New Balance's latest collection, The Art of Classic Running. Held at the Sidra Arts Institution in the JAX District, the two-day activation offered fashion enthusiasts an exclusive preview of New Balance's reimagined 2002R and 1906 sneakers, among other models.
• In 2023, Apparel Group and Clarks have announced a strategic expansion in Saudi Arabia, marking a significant step in their retail growth within the Kingdom. This partnership aims to enhance Clarks' presence by opening over 20 stores across Saudi Arabia over the next five years, aligning with the country's Vision 2030 objectives to diversify its economy and stimulate the retail sector.

Key Market Players

• LVMH Moët Hennessy Louis Vuitton SE
• Gucci S.p.A. (a subsidiary of Kering S.A.)
• Balenciaga S.A. (a subsidiary of Kering S.A.)
• Prada S.p.A.
• Chanel S.A.
• Salvatore Ferragamo S.p.A.
• Christian Louboutin S.A.S.
• Jimmy Choo Ltd.
• Tod’s S.p.A.
• Clarks Retail Services Limited

Report Scope:

In this report, the Saudi Arabia Luxury Footwear Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Saudi Arabia Luxury Footwear Market, By Product Type:

o   Formal Shoes

o   Casual Shoes

• Saudi Arabia Luxury Footwear Market, By Gender:

o   Men

o   Women

o   Children

• Saudi Arabia Luxury Footwear Market, By Sales Channel:

o   Online

o   Offline

• Saudi Arabia Luxury Footwear Market, By Region:

o   Western

o   Northern & Central

o   Eastern

o   Southern

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Saudi Arabia Luxury Footwear Market.

Available Customizations:

Saudi Arabia Luxury Footwear Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).