Worldwide Sustainable Footwear Market To Reach $13.3 Billion By 2030 | Athletic segment is projected to witness the fastest CAGR of 6.5% from 2021 to 2030.
Rise in the interest of the younger generation and the working class toward the use of sustainable footwear, change in lifestyle, and increase in disposable income drive the growth of the global sustainable footwear market. However, availability of counterfeit products hinders the market growth. On the other hand, product innovation, increase in the number of sport-inspired children, and growth of online shopping platforms offer many opportunities to the market players.
Download Free Sample Copy of Report@ https://www.alliedmarketresearch.com/request-sample/14161
Sustainable footwear is a type of footwear which is made by recycling waste and are manufactured by eco-friendly production process. In addition to this, surge in youth population, improved lifestyle, and rise in disposable income of individuals in developing countries are anticipated to offer immense opportunities for sustainable footwear market players during the forecast period. Nowadays, sustainable footwear is gaining popularity among the environment conscious consumers which in turn has propel the demand for sustainable footwear from the consumers contributing in driving the sustainable footwear market growth in terms of value sales.
Furthermore, by distribution channel, the online store segment is anticipated to be the fastest growing segment, in terms of value sales during the forecast period. This is attributed to the fact that e-commerce is becoming a popular medium for purchase of footwear including sustainable footwear among customers. This is attributed to easy availability of sustainable footwear and benefits provided by these stores such as information about product functional attribute, time-saving features, and facility of home delivery to customers.
Looking for Customization : https://www.alliedmarketresearch.com/request-for-customization/14161
The global sustainable footwear market is segmented into the distribution channel, demographics, product type, and region.
Based on product type, the non-athletic segment held the largest market share in 2020, contributing to more than two-thirds of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, the athletic segment is projected to witness the fastest CAGR of 6.5% from 2021 to 2030.
Based on the distribution channel, the specialty store segment contributed to the largest share in 2020, accounting for more than two-fifths of the global sustainable footwear market. The same segment is expected to lead the market during the forecast period. However, the online channel is expected to manifest the highest CAGR of 7.0% from 2021 to 2030.
Based on region, Asia-Pacific, followed by North America, contributed to the highest share in 2020, holding more than two-fifths of the total share. On the other hand, Europe is expected to manifest the fastest CAGR of 7.2% from 2021 to 2030.
Leading players of the global sustainable footwear market analyzed in the research include Nike Inc., Adidas group, GIESSWEIN, New Balance, Native shoes, Reebok, Amour Vert, Rothy's, Reformation, and MATISSE FOOTWEAR.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @https://www.alliedmarketresearch.com/purchase-enquiry/14161
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on Blog: https://www.dailyreportsworld.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 domain.
This release was published on openPR.
Permanent link to this press release:
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 Worldwide Sustainable Footwear Market To Reach $13.3 Billion By 2030 | Athletic segment is projected to witness the fastest CAGR of 6.5% from 2021 to 2030. here
News-ID: 3084246 • Views: 298
More Releases from Allied Market Research
Electronic Data Management Market Size, Exploring Share and Scope for 2021-2031 …
According to the report, the global electronic data management industry generated $6.4 billion in 2021 and is anticipated to generate $19.3 billion by 2031, witnessing a CAGR of 12.2% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The growth of the electronic data management market is driven by factors such as the increased
Control Valves Market: Unlocking Efficiency 2027 | The Impact of Automation Tech …
In today's fast-paced industrial landscape, efficiency and cost-effectiveness reign supreme. One of the key areas where these imperatives are playing out is in the implementation of automation technologies, particularly in the management of liquids passing through pipes and valves. This transformative shift is not only reducing wastage but also driving down operational costs across various industries. Automation for Efficiency Automation technologies are revolutionizing how industries handle the flow of liquids, making it
Smart Mining Market: Revolutionizing Mining Technologies at CAGR of 16.3% to 202 …
The mining industry has always been at the forefront of innovation, constantly seeking ways to improve productivity, enhance safety, and reduce operational costs. In recent years, a remarkable transformation has been taking place in the world of mining, driven by the integration of hardware and software, collectively known as smart mining technologies. This revolution is changing the way mining companies operate, making their processes more efficient and sustainable. The global smart
Autoclaved Aerated Concrete Market: At a CAGR of 7.2% Poised to Garner Maximum R …
Autoclaved Aerated Concrete, often referred to as AAC or simply aircrete, is rapidly gaining popularity in the world of construction. It stands out as a lightweight alternative to traditional building materials, offering a plethora of advantages that have made it the material of choice for architects and builders around the globe. Let's delve into the fascinating world of AAC and discover why it's transforming the construction industry. The global autoclaved aerated
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