Global Sustainable Footwear Market Size, Share, Growth, Trend, and Forecast 2030

The Global Sustainable Footwear Market was worth USD 7.40 billion in 2020 and is predicted to be worth USD 11.98 billion by 2028, expanding at a 6.1% CAGR from 2021 to 2028.

Sustainable footwear is footwear with a fully sustainable value chain, a long life cycle, and is easy to dispose of, making it environmentally friendly. It aims to incorporate environmental considerations across the footwear value chain, from raw material selection to manufacturing, packaging, shipping, distribution, and maintenance. Among the value chain operations that differ from typical footwear include the use of organic and renewable raw materials, biodegradable materials, low waste and energy consumption, recyclable packaging, and eco-friendly labeling.

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Sustainable footwear is largely made of recyclable waste and is produced in an environmentally responsible manner. As a result, these environmentally friendly shoes help the environment. Because to the utilization of recycled materials, this footwear reduces harmful waste. Sustainable footwear production uses less water and toxic chemicals. The use of sustainable footwear is quickly gaining favor among customers, which can be linked to the fact that sustainable footwear is widely available through online retailers. Furthermore, this sustainable footwear are easily accessible through various sales channels such as online retailers, supermarkets, hypermarkets, specialty stores, and others, which helps the growth of the sustainable footwear industry. With the increased demand for a wide range of footwear among children, including flip-flops, sandals, and boots, manufacturers are also continuously launching sustainable footwear for children in the market which in turn augments the growth of the global market.

Growth Factors

Changing lifestyles are a major development driver for the Global Sustainable Footwear Market. Changing lifestyle tastes have resulted in a growing need for attractive and exquisite footwear at an affordable prices. The footwear industry has changed and monitored client patterns and behaviors over time. In this regard, the on-the-go lifestyle of millennials has spurred enterprises to expand their manufacturing capacity. According to the NDP Group, consumers desire adaptability, comfort, functionality, sustainability, and performance in a variety of scenarios. As a result of this factor, companies have begun to include social and environmental concerns in their creative sustainable footwear production.

Another element driving expansion in this market is increased public health awareness. People’s growing health consciousness and desire to stay healthy and avoid chronic diseases is driving up demand for sustainable sports footwear. Obesity and sedentary lifestyles have led people to exercise on a regular basis and participate in a variety of indoor and outdoor sports such as basketball, soccer, badminton, running, and others. All of these activities have increased consumer demand for footwear that is both comfortable and trendy, as well as long-lasting.

Key Market Players & Competitive Landscape

Some of the key players in the Global Sustainable Footwear Market are
Adidas Group, Amour Vert, Matisse Footwear, Native Shoes, Nisolo, Reformation, Rothy’s, Threads 4 Thought, Tropic feel, Veja.

While established sustainable footwear manufacturers have focused on sustainability from the start and made it a cornerstone of their business, newcomers are catching up to the sustainable footwear trend.

Adidas is developing and testing footwear made entirely from recyclable materials. Furthermore, the company has made an official commitment to use solely ecologically friendly components in its products by 2024.

Reebok has introduced a running shoe made completely of plant-based materials rather than petroleum-based materials.

The Global Sustainable Footwear Market is segmented as follows:

By Type

Athletic
Non-Athletic
By End Use

Men
Women
Children
By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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