Global Sustainable Footwear Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Sustainable Footwear Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global sustainable footwear market has been segmented on the basis of type, end-user, as well as regions and countries.
Essentially, sustainable footwear refers to footwear that is produced using recycled raw materials such as rubber and plastic, or renewable materials like cork and cotton, and utilize manufacturing practices that help conserve resources such as water and electricity.
The growing awareness among individuals concerning the use of eco-friendly raw materials, as well as the increasing number of youngsters across the globe, and the substantial spending power that this segment of individuals currently possess are some of the major factors that are slated to have an immense influence on the revenue growth of the global sustainable footwear market in the foreseeable future.
Although sustainable footwear ideally refers to the manufacture of environmentally friendly footwear, the processes implemented to create these products usually includes the use of harmful chemicals. Furthermore, the raw materials used in the manufacture of these products tend to be more expensive than that of conventional footwear. It is aforementioned factors such as these, that may prove to be restraining factors for the revenue growth of this global market in the coming years.
‘Sustainability’, ‘recyclable’ and ‘eco-friendly’ are terms that have been trending in recent years, and key industry players are investing significantly to take advantage of this, by aiming to develop products and manufacturing processes centered around this way of living. This is a factor that is expected to have a profound impact on the future revenue growth of this global market.
Segmentation of the global sustainable footwear market is as follows:
In terms of type, the sustainable footwear market is segregated into athletic and non-athletic footwear. The non-athletic footwear segment accounted for the majority revenue shares of the global sustainable footwear market in 2019.
On the basis of end-user, the sustainable footwear market is sub-classified among men, women, and children. The men’s segment of this global market accounted for the highest number of revenue shares in 2019. This can be accredited to the numerous new product launches in the realm of sustainable footwear, that are specifically meant to target the male demographic of the global market.
Regional Segmentation and Analysis:
The markets in the APAC region accounted for the maximum number of revenue shares of the global sustainable footwear market in 2019, owing to factors such as higher disposable incomes, robust urbanization, as well as the increasing influence of the latest in fashion trends. However, markets in Europe are slated to register the fastest rate of revenue growth over the next decade, due to a booming e-commerce industry, shifting lifestyles, and the steadily rising need for healthier, cleaner living among individuals.
Segmentation of the Global Sustainable Footwear Market:
Segmentation by Type:
Segmentation by End-User:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Adidas group
- Nike Inc.
- New Balance
- Native shoes
- MATISSE FOOTWEAR
- Amour Vert
- Threads 4 thought
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