openPR Logo
Press release

Vegan Footwear - Fashion Industry To Turn Green With Launch Of Vegan Footwear

06-30-2022 05:39 PM CET | Fashion, Lifestyle, Trends

Press release from: Allied Market Research

Vegan Footwear - Fashion Industry To Turn Green With Launch

he fashion industry is one of the largest contributors to pollutants entering the atmosphere and soil. While consumerism could be the main culprit, the wholesale manufacturing of clothes, shoes, and leather has never been eco-friendly. However, the fashion industry has begun to understand its impact on the environment. What's more, it has taken initiatives to offer sustainable clothes, leather, and footwear.

Veganism is no longer limited to food. The vegan population demands products that are carefully created without harming the environment and creating toxic chemicals. Thus began the popularity of vegan footwear. Even major footwear company such as adidas has "stepped" into the market with their vegan footwear and set an example for small & medium companies and start-ups. Slowly and gradually, many footwear companies began to re-imagine their sustainability goals and rethink the ecosystem of luxury fashion.

According to a report published by Allied Market Research, the global vegan footwear market size is anticipated to reach $300.1 billion with a significant CAGR from 2021 to 2030. North America is currently holding the highest market share and is expected to grow at the fastest CAGR during the forecast period.

Download Sample Copy Of Report@ https://www.alliedmarketresearch.com/request-sample/14479
The report offers detailed segmentation of the global vegan footwear market based on material type, distribution channel, end user, and region.

Based on end user, the women segment held the highest market share in 2020, holding more than half of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the children segment is estimated to register the highest CAGR of 9.4% from 2021 to 2030.

Based on distribution channel, the specialty stores segment held the largest market share in 2020, holding more than three-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the online stores segment is projected to register the highest CAGR of 11.6% from 2021 to 2030.
Based on region, North America contributed to the highest share in terms of revenue in 2020, holding more than one-third of the global vegan footwear market, and is estimated to continue its dominant share by 2030. However, Asia-Pacific region is projected to manifest the fastest CAGR of 7.8% during the forecast period.

Leading players of the global vegan footwear market analyzed in the research include Nike, Adidas, AVESU GmbH, Beyond Skin UK, Ethletic, Hexa Vegan Shoes, Matt & Nat, MooShoes, Susi Studio, and Veerah.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/purchase-enquiry/14479

COVID-19 scenario:

The outbreak of the COVID-19 pandemic led to the implementation of global lockdown and temporary closure of production facilities of the vegan footwear industry.
Temporary shutdown of retail outlets resulted in sudden fall in demand for footwear among consumers.
The pandemic also disrupted the supply chain, which in turn, led to rise in prices of raw materials.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vegan Footwear - Fashion Industry To Turn Green With Launch Of Vegan Footwear here

News-ID: 2668268 • Views:

More Releases from Allied Market Research

C5ISR Market CAGR to be at 4.7% | $188.00 billion Industry Revenue by 2030
C5ISR Market CAGR to be at 4.7% | $188.00 billion Industry Revenue by 2030
According to a new report published by Allied Market Research, titled, "C5ISR Market," The c5isr market was valued at $120.38 billion in 2020, and is estimated to reach $188.00 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/1760 North America dominates the market in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. The U.S. dominated the
Aircraft Electrification Market Poised for Rapid Growth, Forecasted to Reach US$ 21.8 billion by 2032
Aircraft Electrification Market Poised for Rapid Growth, Forecasted to Reach US$ …
The global aircraft electrification market was valued at $6.2 billion in 2022, and is projected to reach $21.8 billion by 2032, growing at a CAGR of 13.5% from 2023 to 2032. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/A07105 Aircraft electrification refers to the use of electric power in various systems and components of an aircraft, as opposed to traditional fossil fuel-based technologies. This covers electrically powered systems including
Anti-Drone Market Poised to Reach US$ 14.6 billion by 2031 with a 27.9% CAGR
Anti-Drone Market Poised to Reach US$ 14.6 billion by 2031 with a 27.9% CAGR
According to a new report published by Allied Market Research, titled, "Anti-Drone Market," The anti-drone market was valued at $1.3 billion in 2021, and is estimated to reach $14.6 billion by 2031, growing at a CAGR of 27.9% from 2022 to 2031. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/A08180 Anti-drones are specially designed surveillance equipment to keep an eye on highly secured areas by ensuring no drones are
Treadmill Market Estimated to Conquer Valuation of $5,932.0 million by 2030
Treadmill Market Estimated to Conquer Valuation of $5,932.0 million by 2030
The global treadmill market size was valued at $3,284.8 million in 2020, and is projected to reach $5,932.0 million by 2030, registering a CAGR of 5.1%. Request The Sample PDF Of This Report @ https://www.alliedmarketresearch.com/request-sample/4286 Treadmill is widely used for physical fitness equipment for weight management and improving body stamina & muscular strength. Mostly used treadmills are motorized or electronic, owing to advance features offered to users. Rise in

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and