"Assisting You in Establishing Data Driven Brands"

Sustainable Footwear Market Size, Share, and Industry Analysis By Material (Recycled Plastics, Organic Cotton, Natural Rubber, and Others), By Product (Sneakers/Athletic Shoes, Boots, Sandals, Flip-flops, and Others), By End User (Men, Women, and Children), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online/E-commerce, and Others), and Regional Forecast till 2032

Region : Global | Report ID: FBI111934 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global sustainable footwear market is expected to record steady expansion as consumer environmental awareness increases while sustainable manufacturing methods develop rapidly. The rising climate change debate requires footwear manufacturers to implement sustainable practices in their complete manufacturing operations. Sustainable footwear innovation involves products built from recycled materials in addition to organics and bio-degradables which reduce environmental impact while keeping design integrity.

Sustainable Footwear Market Driver

Rising Consumer Awareness and Sustainability Trends to Drive Growth in the Market

Environmental sustainability has become the main factor driving the expansion of this market segment. A significant proportion of present-day shoppers among millennials and Generation Z prefer buying products which endorse their environmental concerns. Statistics from the U.S. Environmental Protection Agency show that American consumers accept to spend more money on sustainable footwear options as 40% of them are ready to invest. The California Department of Resources Recycling and Recovery documented a 25% rise in eco-friendly footwear sales inside the state throughout 2021 according to their available data.

Sustainable Footwear Market Restraint

High Production Costs and Pricing Constraints to Challenge Growth

The rising consumer interest in sustainable options presents difficulties for the market due to economic limitations in production. Research indicates sustainable materials create higher costs by 20-30% compared to common materials in the market. Production costs increase substantially due to three main factors such as material scarcity, production complexity and reduced manufacturing size. The superior prices of sustainable footwear products create a barrier for price-sensitive customers especially within emerging market regions.

Sustainable Footwear Market Opportunity

Innovative Bio-Based Materials to Revolutionize Sustainable Footwear Market Growth

Market expansion will have substantial advantages from continuous investigations into new alternative materials. Researchers develop sustainable footwear through three innovative approaches such as cultivating leather in laboratories and producing textiles using mushrooms and manufacturing foams from algae. Laboratory-produced bio-materials show great promise since they extend their durability equivalent to leather but provide complete biodegradability. The industry may experience transformative changes through these technological innovations which offer high-performance sustainable alternatives at competitive market prices.

Segmentation

By Material

By Product

By End User

By Distribution Channel

By Geography

  • Recycled Plastics
  • Organic Cotton
  • Natural Rubber
  • Others
  • Sneakers/Athletic Shoes
  • Boots
  • Sandals
  • Flip-flops
  • Others
  • Men
  • Women
  • Children
  •  Supermarkets & Hypermarkets
  • Specialty Stores
  • Online/E-commerce
  • Others
  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Spain, Italy, Scandinavia, and the Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and the Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

Key Insights

The report covers the following key insights:

  • Key Industry Trends
  • Number of Patent Filings and Investments in Research, By Major Countries
  • Key Industry Developments
  • Overview: Regulatory Scenario across Key Countries

Analysis By Material

By Material, the Sustainable Footwear Market is divided into Recycled Plastics, Organic Cotton, Natural Rubber & Others. 

The sustainable footwear market relies heavily on recycled plastics materials since they constitute about 45% of its total presence. Several reasons explain the leadership position including easy access to recycling materials from consumers and affordable processing costs and an expanding pool of supportive customers. The U.S. Department of Agriculture indicates that fifty percent of American customers choose products that incorporate recycled components for footwear production.

Analysis By Product

By Product, the Sustainable Footwear Market is divided into Sneakers/Athletic Shoes, Boots, Sandals, Flip-flops & Others. 

The athletic footwear market segment becomes the leader as it holds about 40 percent of market revenue. Sneakers along with athletic footwear rule the market as the global love for casual footwear meets large sustainability investments from major brands and the positive impact sustainable innovations have on performance needs.

Analysis By End User

By End User, the Sustainable Footwear Market is divided into Men, Women, Children. 

The segment will experience female dominance as women possess more purchasing capacity alongside better knowledge about sustainable fashion trends.

Analysis By Distribution Channel

By Distribution Channel, the Sustainable Footwear Market is divided into Supermarkets & Hypermarkets, Specialty Stores, Online/E-commerce & Others. 

The convenience of online shopping combined with broad product variety makes this market segment projected to grow substantially.

Regional Analysis

To gain extensive insights into the market, Download for Customization

Based on geography, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America maintains its position at the front of the sustainable footwear market through data indicating it will retain a 25% market share by 2024. The region dominates as consumers demonstrate both environmental awareness and spend extra money on sustainable items and receive government backing. US International Trade Commission reports sustainable footwear sales in the United States expanded 15% in 2022 and California Department of Resources Recycling and Recovery documented eco-friendly footwear sales increased by 25% during 2021 the same year. A substantial portion of U.S. households now owns sustainable footwear as the market continues to experience rapid expansion. The fashion industry has grown quickly due to Nike and Allbirds' developments of eco-friendly materials among other major brands.

Sustainable footwear has reached maturity in Europe due to strict environmental standards and dedicated consumer preference for goods made with ethical practices. Experts forecast that sustainable footwear will control 30% of the market by 2024 due to increasing popularity in important nations. Sustainable footwear gained a 12% increase in sales in Germany during 2021 according to the Federal Statistical Office and sales of eco-friendly footwear in France rose by 30% in the same period per the French Ministry of Ecological Transition. The European Environment Agency demonstrates consumer preference for sustainable footwear at 55% which establishes Europe as a sustainability leader. Recycled materials and transparent supply chain implementation serves as the foundation for success that Adidas and Veja build through their business models.

The Asia Pacific region leads as the fastest-growing market due to accelerating urban progress and increasing wealth among people and expanding consciousness about environmental protection. China released 10 million pairs of sustainable footwear under national census figures and India expanded its sustainable footwear market by 20% during 2021 according to the Ministry of Textiles. Japan experienced 25% growth in eco-friendly footwear sales after the sustainable initiatives began across the nation in 2020 (Ministry of Economy, Trade and Industry). Having a strong manufacturing foundation across the region allows suppliers to maintain affordable prices and the youthful environmentally-mindful population serves as a growing customer base. The global market will experience increased growth from Asia Pacific regions due to rising sustainability priorities among both government and customer sectors.

Key Players Covered

The report includes the profiles of the following key players:

  • Nike, Inc. (U.S.)
  • Adidas AG (Germany)
  • Allbirds, Inc (U.S.)
  • VEJA (France)
  • Kavat AB (Sweden)
  • Rothy's (U.S.)
  • Thaely Sustainable Sneakers (UAE)
  • Native Shoes (Canada)
  • Timberland (U.S.)

Key Industry Developments

  • In September 2023, Nike introduced ISPA Link Axis as their first athletic shoe made entirely from recyclable materials that customers can completely disassemble to reclaim the components.
  • In June 2023, the sustainability plan of Geox includes €120 million funding to support sustainable material development along with Asian market penetration from 2029 until 2031.
  • In March 2022, Veja pioneered the use of Brazilian waste worker cooperatives to establish a complete supply chain framework based on local recycled PET materials.


  • Ongoing
  • 2024
  • 2019-2023
Download Free Sample

    man icon
    Mail icon
Growth Advisory Services
    How can we help you uncover new opportunities and scale faster?
Consumer Goods Clients
Accenture
KPMG
Australian Fitness Supplies
Buzil
DeBaars
DoorDash Inc.
Dubai Duty Free
Duroflex
Ernst & Young
Hunter Douglas N.V.
Malaysain Rubber Council
Masimo
Mitsubishi UFJ Research and Consulting
Murata
Peloton
Saudi Paper
SC Johnson
Tolaram Group
samsung