Press release
Vegan Footwear Market Size, Top Trends, Industry Outlook Report 2024 To 2033
Vegan Footwear Market
Market Size And Growth Forecast:
The vegan footwear market size has grown strongly in recent years. It will grow from $27.01 billion in 2023 to $29.6 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to ethical consumerism, animal welfare concerns, environmental consciousness, sustainable fashion movement, fashion industry endorsement.
The vegan footwear market size is expected to see strong growth in the next few years. It will grow to $41.46 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to global expansion of veganism, fashion industry sustainability goals, corporate social responsibility increased availability and variety, consumer awareness and education. Major trends in the forecast period include innovation in vegan materials, collaborations and partnerships, recycled and upcycled materials, online platforms and direct-to-consumer models, celebrity endorsements.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=5660&type=smp
Market Segmentation:
The vegan footwear market covered in this report is segmented -
1) By Product Type: Shoes, Sneakers, Boots, Sandals, Heels, Other Product Types
2) By Material Type: Microfiber, Polyurethane (PU), Cotton, Natural Rubber, Hemp, Other Material Types
3) By Sales Channel: Direct, Indirect
4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores
5) By End User: Men, Women, Children
Major Driver - Surge In Eco-Friendly Shoe Demand Boosts Vegan Footwear Market
The growing demand for eco-friendly shoes is expected to propel the growth of the vegan footwear market. Eco-friendly shoes, also known as sustainable shoes, are footwear designed and manufactured with minimal environmental impact throughout their lifecycle, from material sourcing and production to use and disposal. Vegan footwear plays a significant role in the world of eco-friendly shoes by utilizing recycled materials like plastic bottles, cork, or algae, reducing reliance on virgin resources. For instance, in April 2021, Reebok, a US-based athletic footwear and apparel company launched two new sustainable, vegan running and training shoes namely the Nano X1 Vegan and the Floatride Energy GROW. The shoes are created from eucalyptus bark, castor bean oil, bloom algae, natural rubber, and recycled polyester as part of the brand's sustainability drive. Therefore, the rising demand for eco-friendly shoes is driving the growth of the vegan footwear market.
Competitive Landscape:
Major companies operating in the vegan footwear market report are Nike Inc., Adidas AG, Allbirds Inc., Kenneth Cole Productions, Veerah LLC, MooShoes, Veja, Issey Miyake Shoes GmbH, Native canada footwear Ltd., Taylor + Thomas, Nae Vegan shoes, Ahinsa Shoes Inc., Matt & Nat, AVESU GMBH, Saola Shoes, Noah Shoes, Etiko, Brave Soles, Beyond Skin Vegan shoes, Bourgeois Boheme Shoes, Rungg Shoes, Susy Shoes, Altercore Shoes, GoodGuysdontwearleather, Hexa Shoes, Sydney Brown LLC, Vegetarian Shoes, Virón world, Wills Vegan Shoes
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/vegan-footwear-global-market-report
Top Trend - Innovative Collections To Provide Cruelty-Free Fashion
Major companies in the vegan footwear market are focused on developing innovative collections, such as leather-free shoes, to provide cruelty-free fashion and maximize their profits in the market. Leather-free shoes are footwear products that do not use any animal-derived leather materials in their production. For instance, in June 2022, Metro Brands, an India-based innovative footwear, footcare, and accessories company, partnered with PETA, a US-based animal rights nonprofit organization, and launched the Tie-Dye Collection, a first-ever vegan shoe collection. While leather-free shoes are already available, this marks the first official vegan footwear collection by a major Indian shoe retailer. Metro Brands' collaboration with PETA reflects the growing consumer trend toward vegan and sustainable choices in the post-pandemic era. The Tie-Dye Collection not only embraces cruelty-free materials but also showcases a trendy and fun sense of style.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Vegan Footwear Market Characteristics
3. Vegan Footwear Market Trends And Strategies
4. Vegan Footwear Market - Macro Economic Scenario
5. Vegan Footwear Market Size And Growth
…..
27. Vegan Footwear Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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 Market Size, Top Trends, Industry Outlook Report 2024 To 2033 here
News-ID: 3421112 • Views: …
More Releases from The Business Research Company
The Increase in Prevalence of Genetic Disorders Fueling the Growth of the Market …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Propionic Acidemia Market Size By 2025?
In recent times, the market size for propionic acidemia has seen a consistent uptick. The market, which is projected to be worth $2 billion in 2024, is forecasted to rise to $2.07 billion in 2025, representing a compound annual…
Key Trends Reshaping the Music Therapy Market: Warner Music Group Partners With …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Music Therapy Market Size Growth Forecast: What to Expect by 2025?
The size of the music therapy market has seen significant expansion in the past years and is expected to surge from $3.16 billion in 2024 to $3.58 billion in 2025, showcasing a compound annual growth rate (CAGR) of…
Growing Demand For Clean Energy Propels Growth Of Market Due To Increasing Inves …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Voluntary Carbon Credit Market Through 2025?
The size of the voluntary carbon credit market has seen tremendous growth in recent times. This growth is expected to rise from $1.55 billion in 2024 to $1.88 billion in 2025, with a compound annual growth…
Global Trust And Foundations Market Projected to Grow at 5.3% CAGR, Reaching $22 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Trust And Foundations Industry Market Size Be by 2025?
The market size of trusts and foundations has seen robust growth in the past few years. A growth from $173.2 billion in 2024 up to $182.19 billion by 2025 is expected, with a compound annual growth rate…
More Releases for Vegan
Demand for Vegan Diet to boost the Global Vegan Supplements Market
According to a new market research report launched by Inkwood Research, the Global Vegan Supplements Market is projected to generate $17076.50 million by 2030, with a CAGR of 8.50% between 2022 and 2030
Browse 47 market data Tables and 43 Figures spread over 193 Pages, along with in-depth analysis on the Global Vegan Supplements Market by Product, Form, Distribution Channel & by Geography.
This insightful market research report by Inkwood Research…
Vegan Supplements Market
According to Ameco Research, the global vegan supplements market size is estimated to grow a CAGR of 7% over the forecast timeframe and reach a market value of around USD 16,750 million by 2030.
The growing trend toward animal care and protection, on the one hand, and the growing penetration of vegetarianism on the other, are expected to drive the global vegan supplements market in the coming years. The vegetarian diet…
Demand for Vegan Diet to boost the Global Vegan Supplements Market
According to a new market research report launched by Inkwood Research, the Global Vegan Supplements Market is projected to generate $17076.50 million by 2030, with a CAGR of 8.50% between 2022 and 2030
Browse 47 market data Tables and 43 Figures spread over 193 Pages, along with in-depth analysis on the Global Vegan Supplements Market by Product, Form, Distribution Channel & by Geography.
This insightful market research report by Inkwood Research…
Demand for Vegan Diet to boost the Global Vegan Supplements Market
According to a new market research report launched by Inkwood Research, the Global Vegan Supplements Market is projected to generate $17076.50 million by 2030, with a CAGR of 8.50% between 2022 and 2030
Browse 47 market data Tables and 43 Figures spread over 193 Pages, along with in-depth analysis on the Global Vegan Supplements Market by Product, Form, Distribution Channel & by Geography.
This insightful market research report by Inkwood Research…
Demand for Vegan Food to supplement the Global Vegan Cheese Market
According to a new market research report launched by Inkwood Research, the Global Vegan Cheese Market is estimated to attain $4683.0 million by 2028, growing at a CAGR of 15.08% over the period 2021-2028.
Browse through 67 market data Tables and 53 Figures spread across 203 Pages and more, along with an in-depth analysis of the Global Vegan Cheese Market by Form, Product, End-User, Distribution Channel, & Geography.
This insightful…
Rising Inclination towards Vegan Lifestyle to Boost Vegan Noodles Market Demand
The Market Research Survey by “Fact.MR, A Market Research and Competitive Intelligence Provider” highlights the key reasons behind increasing demand of Vegan Noodles.
Vegan Noodles market study depicts an in-depth analysis on the current status of Vegan Noodles market that consists of important types, and end uses.
To Get In-depth Information View Full Report - https://www.factmr.com/report/3996/vegan-noodles-market
Vegan noodles are derived from ingredients that are not derived from animals. In order to reduce…
