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The shoe market in Russia is unsaturated and promising for investment
11.01.2011 2123

The shoe market in Russia is unsaturated and promising for investment

RBC. Market Research ”prepared an analysis of the footwear market in Russia in 2005-2010 forecast for 2011-2014. According to the study, the footwear market in Russia is not fully saturated and promising for investments. The Russian footwear market is dominated by imported products, the share of domestic manufacturers is about 14,5%. From 2005 to 2009, sales of footwear in Russia grew by 51,5% to 335 million pairs. Imports of footwear to Russia for the same period increased by 40,4%: from 189 to 265 million pairs. According to analysts' forecasts, in the coming years the Russian footwear market will continue to grow, but its pace will decrease parallel to the gradual saturation of the market. By 2014, sales of footwear in the country will grow to 416 million pairs.

RBC. Market Research ”prepared an analysis of the footwear market in Russia in 2005-2010 forecast for 2011-2014.
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