Footwear in United Arab Emirates
Countries covered: United Arab Emirates
Footwear in United Arab Emirates industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the United Arab Emirates footwear market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The footwear market consists of the total revenues generated through the sale of all types of men's, women's and children's shoes. The UAE footwear market had total revenues of $283.4m in 2012, representing a compound annual growth rate (CAGR) of 5.5% between 2008 and 2012. Clothing, footwear, sportswear and accessories retailers account for the largest proportion of sales in the UAE footwear market in 2012, sales through this channel generated $209.1m, equivalent to 70.0% of the market's overall value. The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.2% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $315.6m by the end of 2017. Features
Save time carrying out entry-level research by identifying the size, growth, and leading players in the footwear market in United Arab Emirates
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the footwear market in United Arab Emirates
Leading company profiles reveal details of key footwear market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the United Arab Emirates footwear market with five year forecasts
Macroeconomic indicators provide insight into general trends within the United Arab Emirates economy
http://www.marketresearch.com/MarketLine-v3883/Footwear-United-Arab-Emirates-7678545/ entry mode
United Arab Emirates (UAE)
Modes of Entry
1. Exporting –
Indirect exporting means that the company does not deal with foreign customers or companies by itself but uses intermediates such as export companies, export agents, or export partner network to take care of all export activity. Indirect exporting should be taken into consideration if a company’s own prerequisites in international business are not enough and if the intermediate’s resources as well as the know-how benefit the company. This entry alternative has quite low risks for the exporter. In direct exporting the company takes care of the exporting activity by itself. The company is in contact with the intermediates in the target market such as import agents, retailers, or brokers. It is essential for the company to know the markets, pick the agent or distributor carefully and posses the knowledge in marketing as well as exporting routines. Benefits in direct exporting are shorter distribution channels, smaller distribution expenses as well as closer connection to the end user and greater potential return. 2. Joint Venture - A second method of entering a foreign market. Joint venture differs from exporting in that the company joins with foreign companies to produce or market a product or service. This includes modes such as licensing, franchising, management contracting, project operations, and joint ownership. Jointly owned subsidiaries - Joint ownership is the mode of joint venturing in which a company joins investors in a foreign market to create a local business in which they share joint ownership and control. The foreign countries’ regulations may require joint ownership as a condition to enter the country, or company’s financial, physical, or managerial resources are not enough to undertake the venture alone. 3. Licensing...