The sustainable footwear market refers to the segment of the footwear industry focused on the design, production, and sale of shoes and related products that minimize environmental impact and promote social responsibility throughout the product lifecycle. This market includes shoes made using eco-friendly materials (such as organic cotton, recycled plastics, plant-based leathers, and biodegradable materials), sustainable manufacturing processes (e.g., reduced water usage, renewable energy, and ethical labor practices), and packaging innovations aimed at reducing waste. Moreover, the sustainable footwear market is driven by growing environmental awareness, increasing demand for eco-friendly products, rising disposable incomes, and stricter environmental regulations.
Global Sustainable Footwear Market Size To Exceed USD 15.46 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Sustainable Footwear Market Size is Expected to Grow from USD 8.18 Billion in 2023 to USD 15.46 Billion by 2033, at a CAGR of 5.47% during the forecast period 2023-2033.