The Global Market for Sustainable Footwear is Projected to Reach $13 Billion by 2030
A new report from Industry Experts Inc, on " Sustainable Footwear ", reveals that the global market for Sustainable Footwear is estimated at US$9.3 billion in 2024 and is anticipated to post a CAGR of 6.2% during the 2024-2030 analysis period and stand at a projected US$13.3 billion by 2030. The worldwide demand for Sustainable Footwear is poised to post a robust growth over the analysis period owing to several reasons, including the demand for ethically and eco-friendly products, increasing awareness about ill-effects of ecological degradation among consumers, stringent regulations by government on encouraging makers in eco-friendly production to reduce carbon footprints, online platforms with large choices and easy mode of payment and start-up companies opting for sustainable processes in manufacturing Footwear. North America is expected to hold the largest share of the worldwide sustainable footwear market. The reasons for this include concentration of manuf...