Global Sustainable Footwear Market is valued at approximately USD 1.3 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 13.99% over the forecast period 2024-2032. Sustainable footwear is designed and made with the purpose of reducing environmental effect while maintaining ethical practices. This footwear usually uses environmentally friendly materials, ethical manufacturing procedures, and sustainable business practices. Also, the growing trend of upcycling is boosting the global sustainable footwear market by promoting eco-friendly practices and reducing waste. Consumers are increasingly seeking shoes made from recycled materials, driving demand for innovative, sustainable designs. This shift supports brands committed to environmental responsibility, fostering a market where ethical production and sustainability are key selling points.
Moreover, the growing concern about environmental sustainability and rising consumer awareness play an important role in the growth of the Sustainable Footwear market. As consumers become more informed about environmental issues, they increasingly seek out products that align with their values. Sustainable Footwear, which are made using eco-friendly materials and processes, meet the demands of environmentally conscious consumers whose intend to reduce their ecological footprint. Also, governments and international organizations are increasingly implementing regulations and standards to promote sustainability in various industries, including fashion and footwear. This creates a favorable environment for sustainable shoe brands by incentivizing compliance with eco-friendly practices and materials. Additionally, growing innovations in materials and manufacturing technologies is anticipated to support the market growth. However, the availability of counterfeit products is expected to hinder the Global Sustainable Footwear Market growth during the forecast period 2024-2032.
The key regions considered for the Global Sustainable Footwear Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in terms of revenue. The governments and regulatory bodies in region have been implementing policies and regulations to promote sustainability and reduce the environmental footprint of industries. These regulations often incentivize companies to adopt sustainable practices in their manufacturing processes, including the production of shoes, which anticipated to support the market growth. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period 2024-2032.
Major market player included in this report are:
- The Tropic Feel, S.L.
- Adidas AG
- Rothy's, Inc
- Veja Faire Trade SARL
- Nisolo, LLC
- Matisse Footwear, Inc
- Native Canada Footwear Ltd
- Amour Vert, Inc
- Threads 4 Thought
- LYMI, Inc
The detailed segments and sub-segment of the market are explained below:
By Type
By End-user
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market
Table of Contents
Chapter 1. Global Sustainable Footwear Market Definition and Research Assumptions
- 1.1. Research Objective
- 1.2. Market Definition
- 1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
- 1.3.3.1. Availability
- 1.3.3.2. Infrastructure
- 1.3.3.3. Regulatory Environment
- 1.3.3.4. Market Competition
- 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
- 1.3.4.1. Regulatory frameworks
- 1.3.4.2. Technological Advancements
- 1.3.4.3. Environmental Considerations
- 1.3.4.4. Consumer Awareness & Acceptance
- 1.4. Estimation Methodology
- 1.5. Years Considered for the Study
- 1.6. Currency Conversion Rates
Chapter 2. Executive Summary
- 2.1. Global Sustainable Footwear Market Size & Forecast (2022- 2032)
- 2.2. Regional Summary
- 2.3. Segmental Summary
- 2.3.1. By Type
- 2.3.2. By End-user
- 2.4. Key Trends
- 2.5. Recession Impact
- 2.6. Analyst Recommendation & Conclusion
Chapter 3. Global Sustainable Footwear Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Challenges
- 3.3. Market Opportunities
Chapter 4. Global Sustainable Footwear Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Sustainable Footwear Market Size & Forecasts by Type 2022-2032
- 5.1. Athletic
- 5.2. Non-athletic
Chapter 6. Global Sustainable Footwear Market Size & Forecasts by End-user 2022-2032
- 6.1. Men
- 6.2. Women
- 6.3. Children
Chapter 7. Global Sustainable Footwear Market Size & Forecasts by Region 2022-2032
- 7.1. North America Sustainable Footwear Market
- 7.1.1. U.S. Sustainable Footwear Market
- 7.1.1.1. Type breakdown size & forecasts, 2022-2032
- 7.1.1.2. End-user breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Sustainable Footwear Market
- 7.2. Europe Sustainable Footwear Market
- 7.2.1. U.K. Sustainable Footwear Market
- 7.2.2. Germany Sustainable Footwear Market
- 7.2.3. France Sustainable Footwear Market
- 7.2.4. Spain Sustainable Footwear Market
- 7.2.5. Italy Sustainable Footwear Market
- 7.2.6. Rest of Europe Sustainable Footwear Market
- 7.3. Asia-Pacific Sustainable Footwear Market
- 7.3.1. China Sustainable Footwear Market
- 7.3.2. India Sustainable Footwear Market
- 7.3.3. Japan Sustainable Footwear Market
- 7.3.4. Australia Sustainable Footwear Market
- 7.3.5. South Korea Sustainable Footwear Market
- 7.3.6. Rest of Asia Pacific Sustainable Footwear Market
- 7.4. Latin America Sustainable Footwear Market
- 7.4.1. Brazil Sustainable Footwear Market
- 7.4.2. Mexico Sustainable Footwear Market
- 7.4.3. Rest of Latin America Sustainable Footwear Market
- 7.5. Middle East & Africa Sustainable Footwear Market
- 7.5.1. Saudi Arabia Sustainable Footwear Market
- 7.5.2. South Africa Sustainable Footwear Market
- 7.5.3. Rest of Middle East & Africa Sustainable Footwear Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. The Tropic Feel, S.L.
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Adidas AG
- 8.3.3. Rothy's, Inc.
- 8.3.4. Veja Faire Trade SARL
- 8.3.5. Nisolo, LLC
- 8.3.6. Matisse Footwear, Inc.
- 8.3.7. Native Canada Footwear Ltd
- 8.3.8. Amour Vert, Inc
- 8.3.9. Threads 4 Thought
- 8.3.10. LYMI, Inc.
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes