Sustainable Footwear Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0193900
  • Format: Electronic (PDF)
  • Number of Pages: 219
  • Author(s): Joshi, Madhavi

Report Overview

The Sustainable Footwear Market size was estimated at USD 8.5 billion in 2023 and is projected to reach USD 14 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.50% during the forecast period (2024-2030).

Sustainable Footwear Market

(Market Size)
$8.5 billion
$14 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 7.50%
2023 Market Size USD 8.5 billion
2030 Market Size USD 14 billion
Key Players Allbirds, Rothy’s, Veja, Toms, Adidas (Parley)

Market Summary

The sustainable footwear market represents a dynamic and rapidly expanding segment within the global consumer goods industry, driven by a fundamental shift in consumer consciousness towards environmental responsibility and ethical production. This market encompasses the design, manufacturing, and distribution of shoes created with a focus on minimizing environmental impact, utilizing eco-friendly materials, and ensuring ethical labor practices throughout the supply chain. Key materials gaining prominence include organic cotton, recycled plastics, natural rubber, and innovative bio-based fabrics derived from sources like pineapple leaves, mushrooms, and algae. The industry is characterized by intense innovation as brands, from nimble startups to established giants, compete to develop products that do not compromise on style, durability, or performance while upholding stringent sustainability credentials. Consumer demand is no longer a niche trend but a powerful market force, compelling traditional footwear companies to integrate sustainable practices into their core business models and product lines to maintain relevance and market share.

Key Highlights

The sustainable footwear market is distinguished by several pivotal developments that underscore its evolution and growing importance. A primary highlight is the significant investment in material science, leading to the commercialization of groundbreaking alternatives to conventional leather and synthetic materials. Companies are pioneering the use of mycelium-based leather, fruit waste, and regenerated ocean plastics, setting new benchmarks for circularity. Another critical highlight is the increasing transparency across the value chain, with brands utilizing blockchain and other technologies to provide consumers with verifiable proof of a product's sustainable journey from raw material to finished good. Furthermore, the market is witnessing the rise of the rental and resale business model directly from manufacturers, promoting a circular economy and challenging the traditional ownership paradigm. Collaboration is also a key theme, with competitors often partnering with material innovators and non-profits to accelerate the adoption of best practices and scale sustainable solutions across the industry.

Drivers, Opportunities & Restraints

The growth trajectory of the sustainable footwear market is propelled by a confluence of powerful drivers. The most significant is the heightened environmental awareness among a global consumer base, particularly within Millennial and Gen Z demographics, who prioritize purchasing from brands that align with their values. Stricter government regulations concerning waste management and carbon emissions further compel companies to adopt greener manufacturing processes. However, the market also faces notable restraints, primarily the higher cost of sustainable materials and complex production methods, which often result in premium product pricing that can limit mass-market adoption. Additionally, challenges related to sourcing consistent quality and quantities of eco-friendly materials can hinder scalability for some brands. Despite these restraints, substantial opportunities abound. There is immense potential for market expansion in developing economies as disposable incomes rise and sustainability awareness grows. Technological advancements present continuous opportunities to reduce the cost of sustainable materials and improve their performance characteristics, making them more competitive with conventional alternatives.

Concentration Insights

The competitive landscape of the sustainable footwear market features a diverse concentration of players, ranging from dedicated sustainable brands to multinational athleticwear corporations. The market is not dominated by a single entity but is instead a vibrant ecosystem of competition. Pioneering companies like Allbirds and Veja have established strong brand identities centered exclusively on sustainability, capturing significant mindshare and customer loyalty. Concurrently, industry titans including Nike, Adidas, and Puma are leveraging their vast resources, extensive R&D capabilities, and global supply chains to integrate sustainable lines, such as those featuring recycled polyester and waterless dyeing technologies, into their extensive portfolios. This has created a competitive environment where agility and pure-play sustainability compete directly with scale and brand legacy. The concentration is also seeing an influx of new entrants focusing on hyper-niche segments, such as vegan footwear or shoes made from a single innovative material, further diversifying the market's structure.

Type Insights

Sustainable footwear is categorized into various types, each addressing different consumer needs and occasions. Athletic footwear constitutes a major segment, driven by demand for high-performance running shoes, trainers, and sports-specific footwear made from recycled and bio-based materials without compromising on functionality or comfort. Casual everyday footwear, including sneakers, loafers, and sandals, represents another substantial category, appealing to consumers seeking stylish and comfortable options for daily wear that reflect their ethical values. Formal sustainable footwear is a growing niche, with innovations in plant-based leather alternatives enabling the creation of elegant dress shoes and boots for professional settings. Furthermore, specialized footwear such as vegan boots, waterproof eco-friendly hiking shoes, and ergonomic sustainable work boots are gaining traction, demonstrating the market's expansion into nearly every footwear category. The diversity in product types indicates the industry's successful efforts to ensure that sustainable options are available for virtually every purpose and preference.

Application Insights

The application of sustainable footwear spans across all consumer demographics and end-uses, reflecting its widespread adoption. The primary application is for men, women, and children seeking everyday casual and athletic wear, representing the largest volume of sales. Within this, a significant and fast-growing application is within the corporate sector, where businesses are incorporating sustainable dress codes and procuring eco-friendly uniform footwear for employees as part of their corporate social responsibility initiatives. Another crucial application is in the performance and outdoor recreation sector, where consumers require footwear that can withstand rigorous activity while being manufactured with a low environmental footprint. The fashion industry represents a high-value application, with luxury and high-street brands increasingly launching sustainable collections to cater to style-conscious consumers who demand ethical production. The application across these diverse segments confirms that sustainability has become a critical purchasing factor irrespective of the shoe's intended use.

Regional Insights

Geographically, the adoption and development of the sustainable footwear market exhibit distinct regional patterns. North America and Europe are established as the leading markets, characterized by high consumer awareness, strong purchasing power, and a well-developed infrastructure of brands and retailers dedicated to sustainable products. Government policies in the European Union, particularly those promoting a circular economy, provide a supportive regulatory environment that accelerates market growth. The Asia Pacific region is identified as the fastest-growing market, fueled by a massive population, rapid urbanization, and a growing middle class that is becoming increasingly aware of environmental issues. Countries like China and India are not only becoming major consumption hubs but are also central to global manufacturing, with many brands sourcing sustainable materials and production from this region. Latin America and the Middle East and Africa are emerging markets where growth is nascent but potential is significant, driven by gradual increases in environmental consciousness and economic development.

Company Insights

The competitive arena features a strategic mix of dedicated sustainable brands and adapting industry incumbents. Allbirds has gained renown for its use of natural materials like merino wool and sugarcane-based foam, building a business model deeply embedded in carbon neutrality. Veja has achieved notable success with its transparent supply chain and use of wild rubber and organic cotton. Alongside these pioneers, major corporations are making substantial commitments. Nike emphasizes its Move to Zero initiative, focusing on renewable energy in manufacturing and utilizing recycled materials in many of its best-selling lines. Adidas, through its partnership with Parley for the Oceans, has created a highly visible line of shoes made from upcycled marine plastic waste, demonstrating how large-scale production can be aligned with environmental goals. Other notable players include Timberland, with its long-standing commitment to sustainability, and newer entrants like Rothy's, which has built its brand on knitting shoes from recycled plastic bottles. This diverse mix of companies indicates a healthy and competitive market landscape.

Recent Developments

The sustainable footwear market is in a constant state of innovation, with recent developments highlighting the industry's forward momentum. A prominent trend is the advancement beyond recycled materials to the development of regenerative and bio-fabricated alternatives. Companies are launching products made from leather derived from mycelium and agricultural waste, representing a significant leap in material science. Another key development is the industry's intensified focus on end-of-life solutions, with brands launching take-back programs where old shoes are collected, broken down, and the materials are recycled into new products, effectively closing the loop. Collaborations have also been pivotal, such as partnerships between footwear giants and chemical companies to create new recyclable polymer systems for soles and uppers. Furthermore, digital product passports are being trialed, allowing consumers to scan a QR code to access a detailed history of the product's environmental impact and material origins, pushing transparency to unprecedented levels.

Report Segmentation

This comprehensive market research report on the sustainable footwear industry provides a detailed and structured analysis segmented to deliver granular insights. The segmentation is designed to allow businesses to understand specific dynamics within the broader market. The report is segmented by type, breaking down the market into athletic footwear, non-athletic footwear, which includes casual, formal, and specialty shoes. It is further segmented by material type, providing deep analysis on the adoption and prospects of segments such as recycled plastics, organic natural materials, and bio-based fabrics. The end-user segmentation analyzes demand patterns across men, women, and children. A critical geographical segmentation delivers detailed analysis of regional markets including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, highlighting key trends, growth patterns, and competitive landscapes unique to each region. This multi-faceted segmentation ensures that stakeholders can pinpoint opportunities and challenges within their specific area of interest.

FAQs

What materials are used in sustainable footwear?

Sustainable footwear utilizes a wide array of eco-friendly materials designed to reduce environmental impact. Common materials include organic cotton, which is grown without synthetic pesticides; recycled polyester, often sourced from plastic bottles; and natural rubber tapped from rubber trees. Innovative materials are also prominent, such as Pi?atex made from pineapple leaf fibers, mycelium-based leather alternatives, and fabrics derived from algae or mushroom roots. These materials aim to replace conventional leather and petroleum-based synthetics.

How is sustainable footwear different from regular footwear?

The primary difference lies in the intentional design and manufacturing process. Sustainable footwear prioritizes the use of environmentally preferred materials, ethical labor practices, and reduced carbon emissions throughout its entire lifecycle. This often involves using recycled or bio-based content, minimizing water and energy use during production, ensuring safe working conditions, and sometimes implementing end-of-life recycling programs, whereas regular footwear typically prioritizes cost and efficiency with less regard for these environmental and social factors.

Are there any certifications to look for in sustainable shoes?

Yes, several certifications help consumers identify genuinely sustainable products. Key certifications include the Global Recycled Standard for verifying recycled content, Leather Working Group for environmentally responsible leather production, USDA Certified Biobased for products made from renewable resources, and Fair Trade Certified, which ensures ethical labor practices and community investment. B Corp certification is also sought after, indicating a company meets high standards of social and environmental performance.

What are the benefits of buying sustainable footwear?

Purchasing sustainable footwear offers multiple benefits. Environmentally, it reduces reliance on virgin plastics and petroleum, decreases water consumption and pollution, and lowers the product's overall carbon footprint. For the consumer, it often means supporting ethical labor practices and investing in higher quality, durable products. It also allows individuals to align their purchasing power with their personal values, contributing to a larger movement demanding greater corporate responsibility and a more circular economy.

Is sustainable footwear more expensive?

Generally, sustainable footwear carries a higher price point compared to conventional mass-market options. This price differential is attributed to the higher costs of sourcing certified sustainable materials, investing in innovative material research and development, and maintaining ethical manufacturing and transparent supply chains that ensure fair wages and safe working conditions. However, as technologies improve and economies of scale are achieved, the cost gap is gradually narrowing, making sustainable options more accessible.

How can I tell if a shoe brand is truly sustainable?

Determining a brand's authenticity requires looking beyond marketing claims. A truly sustainable brand will demonstrate transparency by openly sharing detailed information about its supply chain, material sources, and manufacturing partners. They often have specific, measurable sustainability goals and report on their progress. Third-party certifications provide objective validation of their claims. Furthermore, genuine brands usually have a holistic approach, considering the entire product lifecycle, including end-of-life solutions like repair, recycling, or take-back programs, rather than focusing on a single eco-friendly attribute.

Citius Research has developed a research report titled “Sustainable Footwear Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Sustainable Footwear Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Sustainable Footwear Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Sustainable Footwear Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Sustainable Footwear Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Sustainable Footwear Market
• Research Methodology
• Executive Summary
• Market Dynamics of Sustainable Footwear Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Sustainable Footwear Market
• Cost and Gross Margin Analysis of Sustainable Footwear Market
• Sustainable Footwear Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Sustainable Footwear Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Sustainable Footwear Market Key Stakeholders

Below are the key stakeholders for the Sustainable Footwear Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Sustainable Footwear Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Sustainable Footwear Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Sustainable Footwear Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Sustainable Footwear Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Sustainable Footwear Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Sustainable Footwear Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Sustainable Footwear Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Sustainable Footwear Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Sustainable Footwear Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Sustainable Footwear Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Sustainable Footwear Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Sustainable Footwear Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Sustainable Footwear Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Sustainable Footwear Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Sustainable Footwear Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Sustainable Footwear Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Sustainable Footwear Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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