The sustainable footwear market is anticipated to grow at a significant CAGR of 6.2% during the forecast period. The footwear industry following the new trend of sustainability using traditional recycling and biodegradable technique to deliver new product innovations in the market. The growth of sustainable footwear is primarily influenced by the rising eco-consciousness across the globe. Moreover, many startups have emerged all across the globe in the market which is working on the sustainable footwear market in the last decade. Additionally, global brands are also planning to produce their products using sustainable ways and lean heavily towards recycled materials in the upcoming years. For instance, in 2020, Adidas AG has aimed to produce 15 to 20 million pairs of shoes using recycled plastic waste from beaches and coastal regions.
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However, the high cost associated with sustainable footwear is expected to restraint the growth of the market. In addition to this, the low awareness regarding sustainable product advantages and the lack of environmental concerns in consumers are also anticipated to challenge the growth of the sustainable footwear market during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Sustainable Footwear Market by Type
- Athletic
- Non-Athletic
Global Sustainable Footwear Market by End-Users
- Men
- Women
- Children
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Ahimsa Vegan Shoes
- Adidas AG
- Allbirds, Inc.
- Amour Vert, Inc.
- BaabukSarl
- Cariuma Central Pte Ltd
- Converse Inc. (Nike Inc.)
- Everlane,Inc.
- GiessweinWalkwaren AG
- Keep Co.
- LYMI, Inc.
- Native Canada Footwear Ltd.
- Nisolo, LLC
- Nothing New
- Oka-B
- Puma SE
- Rothy’s, Inc.
- Saola USA Inc.
- The Reformation Inc.
- The Root Collective
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global sustainable footwear market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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