Return to: Innovation NewsThe Global Market for Sustainable Footwear is Projected to Reach $13 Billion By 2030A new report from Industry Experts, Inc. on "Sustainable Footwear Market", reveals that the global market for Sustainable Footwear is estimated at US$9.3 billion in 2024 and is anticipated to post a CAGR of 6.2% during the 2024-2030 analysis period and stand at a projected US$13.3 billion by 2030. The worldwide demand for Sustainable Footwear is poised to post a robust growth over the analysis period owing to several reasons, including the demand for ethically and eco-friendly products, increasing awareness about ill-effects of ecological degradation among consumers, stringent regulations by government on encouraging makers in eco-friendly production to reduce carbon footprints, online platforms with large choices and easy mode of payment and start-up companies opting for sustainable processes in manufacturing Footwear. North America is expected to hold the largest share of the worldwide sustainable footwear market. The reasons for this include concentration of manufacturers in the United States, including Nike, VF Corporation, Under Armour & New Balance, considerable investment in research & development, variety of ground-breaking products being made & introduced annually and high commitment to sustainable processes and materials. This can span a variety of categories, from vegan heels and boots to sneakers made of hay. The global market for sustainable footwear is analyzed in this report for all major regions across North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Middle East & Africa. The market for sustainable footwear analyzed in this report with respect to Type – Athletic and Non-Athletic; Distribution – Online Channels and Offline Channels and End-User – Children, Men and Women. About Industry Experts, Inc Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts. ... News Release: The Global Market for Sustainable Footwear is Projected to Reach $13 Billion By 2030 Submitted on: December 04, 2024 04:05:54 AM Submitted by: IndustryexpertsMedia On behalf of: industry-experts.com/verticals/eco-friendly-technologies/global-sustainable-footwear-market |