The Asia-Pacific sustainable footwear market is anticipated to grow with a significant CAGR of 7.2% during the forecast period (2020-2026). The market growth is attributed to the increasing awareness related to climate crisis awareness among consumers as well as manufacturers which in turn is making manufacturers adopt a responsible and conscious design process for footwear. Additionally, the regional brands are also promoting the adoption of upcycled, ethically made, and cruelty-free footwear. The companies are using zero-waste design even in small-scale production. The following steps by the regional footwear vendors are significantly fostering Asia-Pacific sustainable footwear market growth.
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Furthermore, the presence of a huge base of young consumers that easily accepts new trends including sustainable footwear is also aiding the growing shares of the market. In addition to this, the vegan made shoes that are designed with the aesthetic looks from a variety of materials such as vegan leather, which is as long-lasting and durable as the original leather product is also becoming popular among the consumer. Many footwear start-up companies across the region such as Beyond Skin and Paaduks are carrying forwards these vegan leather trends by offering a variety of footwear made of plant-based leather. This in turn will also propel the market during the forecast period.
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Market Coverage
- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
Segment Covered-
- By Type
- By End-Users
Regions Covered-
Ø Asia-Pacific
- Competitive Landscape- Funky Kalakar, Juta Shoes, FUGU, Berrybenka
- Key questions addressed by the report
- What is the market growth rate?
- Which segment and country dominate the market in the base year?
- Which segment and country will project the fastest growth in the market?
- How COVID-19 impacted the market?
Ø Recovery Timeline
Ø Deviation from the pre-COVID-19 forecast
Ø Most affected country and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Sustainable Footwear Market Report Segment
By Product Type
- Athletic
- Non-Athletic
By End-User
- Men
- Women
- Children
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
