Global Sustainable Footwear Market Report Size, Trends & Growth Opportunity, By Product (Athletic
Non-Athletic) By End use (Men, Women, Kids), By Distribution (Online stores, Specialty stores, Supermarket/Hypermarket, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2027.
Global Sustainable Footwear Market
The Global Sustainable Footwear Market was worth USD 8.4 Billion in 2021 and is estimated to be USD 12 Billion growing at a CAGR of 4.91 % from 2022 to 2027.
Sustainable footwear is primarily made from recycled waste or upcycling waste, and it involves an environmentally friendly manufacturing process. Natural fibres, as well as upcycled and recycled materials, can be used in sustainable shoe materials. As a result, these shoes have a positive impact on environmental conservation. They reduce toxic waste by using recycled materials.
All footwear that is designed, developed, and manufactured with minimal environmental impact is considered sustainable footwear. Sustainable footwear has grown in popularity over the years as a result of environmental concerns.
Market Drivers
Over time, the footwear industry has evolved by observing consumer patterns and activities. In this regard, the on-the-go lifestyle of millennials has encouraged manufacturers to increase their production scale, particularly in the sneaker category. Consumers expect versatility, comfort, functionality, sustainability, and performance in a variety of settings, according to the NDP Group. Over the years, sustainability has been identified as a key trend. This is one of the factors responsible for driving the growth of the Sustainable Footwear Market Globally.
Market Restraints
One of the major challenges confronting the market for sustainable footwear is the lengthy manufacturing process. Sustainable footwear typically contains inseparable and decomposable materials, but it employs harmful chemicals during the manufacturing process. The raw materials needed to make sustainable footwear are more expensive than the raw materials used to make conventional footwear.
Market Segmentation
The Global Sustainable Footwear Market is segmented into Product (Athletic, Non-Athletic), End-use (Men, Women, Kids), Distribution(Online stores, Specialty stores, Supermarket/Hypermarkets, Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
Regional Analysis
When it comes to making responsible footwear choices, Asia Pacific (APAC) brands are ahead of the pack. Through funding sustainable innovations in Bangladesh, India, and Vietnam, sustainability-focused initiatives such as "Fashion for Good" aim to trigger structural changes throughout the footwear and apparel supply chain.
In a similar vein, sustainable footwear brands are emerging in Europe to meet demand while also helping to transform the footwear industry for the better. The growing number of fashion-conscious consumers willing to pay a premium for the products they value is attracting the attention of stakeholders.
Industry Developments
Adidas is creating and testing footwear made entirely of recyclable materials. Furthermore, the brand has publicly pledged to use only eco-friendly materials in their products by 2024. Giesswein footwear is made entirely of Merino wool from small, independent farmlands where animal welfare is a top priority. It has also implemented a zero-waste policy, which requires that all leftover wool scraps from the manufacturing process be recycled and blended into other products. Reebok has unveiled a running shoe made from plant-based materials rather than petroleum-based materials. Reformation uses bio-based materials instead of plastic inside their heels, and water-based adhesives instead of the toxic glues that most manufacturers rely on for shoe assembly.
Key Players
The Key Players in the Global Sustainable Footwear Market are Tropicalfeel, Adidas Group, Nike, Reebok, Rothy's, Veja, Reformation, Nisolo, Native Shoe and Giesswein.
Market Taxonomy
Product
• Athletic
• Non-Athletic
End use
• Men
• Women
• Kids
Distribution Channel
• Online stores
• Specialty stores
• Supermarket/Hypermarket
• Others
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa
Global Sustainable Footwear Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Sustainable Footwear Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Sustainable Footwear Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Sustainable Footwear Market Share Analysis, By Product
5.3 Sustainable Footwear Market Size and Forecast, By Product
5.3.1 Athletic
5.3.2 Non - Athletic
6 Sustainable Footwear Market, By End use
6.1 Y-o-Y Growth Comparison, By End use
6.2 Sustainable Footwear Market Share Analysis, By End use
6.3 Sustainable Footwear Market Size and Forecast, By End use
6.3.1 Men
6.3.2 Women
6.3.3 Kids
7 Sustainable Footwear Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Sustainable Footwear Market Share Analysis, By Distribution Channel
7.3 Sustainable Footwear Market Size and Forecast, By Distribution Channel
7.3.1 Online stores
7.3.2 Specialty stores
7.3.3 Supermarket/Hypermarket
7.3.4 Others
8 Sustainable Footwear Market, By Region
8.1 Sustainable Footwear Market Share Analysis, By Region
8.2 Sustainable Footwear Market Share Analysis, By Region
8.3 Sustainable Footwear Market Size and Forecast, By Region
9 North America Sustainable Footwear Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Sustainable Footwear Market Share Analysis, By Product
9.3 North America Sustainable Footwear Market Size and Forecast, By End use
9.4 North America Sustainable Footwear Market Size and Forecast, By Distribution Channel
9.5 North America Sustainable Footwear Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Sustainable Footwear Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Sustainable Footwear Market Share Analysis, By Product
10.3 Europe Sustainable Footwear Market Size and Forecast, By End use
10.4 Europe Sustainable Footwear Market Size and Forecast, By Distribution Channel
10.5 Europe Sustainable Footwear Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Sustainable Footwear Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Sustainable Footwear Market Share Analysis, By Product
11.3 Asia Pacific Sustainable Footwear Market Size and Forecast, By End use
11.4 Asia Pacific Sustainable Footwear Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Sustainable Footwear Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Sustainable Footwear Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Sustainable Footwear Market Share Analysis, By Product
12.3 Latin America Sustainable Footwear Market Size and Forecast, By End use
12.4 Latin America Sustainable Footwear Market Size and Forecast, By Distribution Channel
12.4 Latin America Sustainable Footwear Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Sustainable Footwear Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Sustainable Footwear Market Share Analysis, By Product
13.3 Middle East Sustainable Footwear Market Size and Forecast, By End use
13.4 Middle East Sustainable Footwear Market Size and Forecast, By Distribution Channel
13.5 Middle East Sustainable Footwear Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Tropicalfeel
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Adidas Group
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Nike
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Reebok
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Rothy's
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Veja
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Reformation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Nisolo
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Native Shoe
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Giesswein
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
