Mar 10, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Sustainable Footwear Market.
It was estimated prior to this unanticipated outbreak that the Sustainable Footwear Market is likely to witness a CAGR of 5.8% during the forecast period. The prime factors that are contributing to the demand for sustainable footwear are advancements in the sustainable space, material processing technology, and functionality, rising number of youngsters, and their good purchasing power.
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Sustainable Footwear includes all footwear which are designed, developed, and manufactured with minimal environmental impact. Due to the concern towards environment, sustainable footwear has gained huge momentum over the years.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Segment Analysis
Based on the end-user type, the market is segmented as men, women, and children. Among this, men are estimated to be to be the fastest-growing end-user type, owing to several factors, such as the increasing popularity of sustainable athletic footwear appeal among men and the increasing number of product launches within the sustainable footwear space for men.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing sustainable footwear market during the forecast period, with China and India being the major growth propellers of the region. This is due to the increasing disposable income, rapid urbanization, and inclination towards the latest fashion trends.
Key Players:
Key players operating in the global Sustainable Footwear market are-
- Adidas AG
- AMOUR VERT
- MATISSE FOOTWEAR
- Native Shoes.
- NISOLO
- Reformation
- Rothy’s
- Threads 4 Thought
- Tropicfeel
- Veja
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Sustainable Footwear analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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