ID :
20577
Mon, 09/22/2008 - 13:24
Auther :

Growing population to push UAE footwear market to US$300 million by 2010

Dubai, Sept 22, 2008 (WAM) - The UAE footwear market is expected to hit US$300 million by 2010, according to recent industry estimates, as the domestic retail sector witnesses continuous growth as a result of the booming population and increasing cash flow across the emirates according to a report in ‘Gulf News.’
In line with this, Orange Fairs & Events, organisers of 'Foot Wear Expo 2008', the definitive event for the footwear industry in the Middle East region, is set to host leading players from the US$1 billion GCC footwear market.

The inaugural edition of the event has been launched with aims to provide global companies an ideal platform where they can collaborate, expand their networks and leverage the rapid growth of the market.

The organiser also revealed that over 100 manufacturers from countries such as USA, Australia, Brazil, Turkey, Italy, Indonesia, South Africa, Thailand, India, Greece, Pakistan, Spain, Bangladesh, Egypt, China, Vietnam and UAE have confirmed their participation at the expo, and that it has assigned a total of 1,500 square metres of exhibition space to accommodate the 3,000 visitors who are expected to attend.

During the event, a wide variety of low-to-medium and medium-to-high priced footwear collection, leather products and leather accessories will be showcased by international exhibitors, with aims of maximising the global footwear market, which is expected to exceed US$190 billion by 2010.

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