Vegan Footwear Market, By Product Type, By Material Type, By End User, By Geography

PUBLISHED: February 20, 2025

PAGES: 120 Pages

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Description

Global Vegan Footwear Market is estimated to be valued at USD 34.45 Bn in 2025 and is expected to reach USD 58.31 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 34.45 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	7.80%	2032 Value Projection:	USD 58.31 Bn

Figure. Vegan Footwear Market Share (%), By Region 2025

The global vegan footwear market has seen steady growth over the past few years owing to rising consumer awareness about environment and animal welfare. More millennial and generation Z consumers are opting for plant-based, eco-friendly footwear which are free from leather, animal by-products, and harmful chemicals. Vegan footwear brands are innovating with newer sustainable and bio-based materials like pineapple leaves fiber, cork, seaweed, and recycled polyester and plastics to cater to this growing consumer segment. With celebrities and influencers promoting vegan and cruelty-free lifestyle, the market is expected to witness higher demand from fashion conscious customers as well as from performance and sports segments.

Market Dynamics:

The key drivers propelling the vegan footwear market are growing ethical concerns about animal welfare, increasing health awareness, and preference for sustainable products. Rising vegan population worldwide especially in western countries is a major growth opportunity. However, high costs of vegan materials and technologies compared to leather pose a challenge for widespread adoption. Lack of awareness in developing nations also restrains the market growth. Innovation in materials science can help develop advanced vegan materials mimicking leather properties and reducing costs. Collaborations with celebrity endorsers help boost brand visibility and trials among flexitarian customers.

Key Features of the Study:

This report provides an in-depth analysis of the global vegan footwear market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global vegan footwear market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Nike, Adidas, Beyond Skin UK, Monk Story, Hexa Vegan Shoes, Ethletic, Matt & Nat, MooShoes, Susi Studio, Veerah, AVESU GmbH., ASICS Corporation, MooShoes, Ahimsa, Niche, and Lusso Lifestyle
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global vegan footwear market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vegan footwear market.

Detailed Segmentation-

By Product Type:
- Shoes
- Sandals
- Heels
- Flats
- Others
By Material Type:
- Microfiber
- Polyurethane
- Recycled Plastics
- Others
By End User:
- Men
- Women
- Children
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles
- Nike
- Adidas
- Beyond Skin UK
- Monk Story
- Hexa Vegan Shoes
- Ethletic, Matt & Nat
- MooShoes
- Susi Studio
- Veerah
- AVESU GmbH.
- ASICS Corporation
- MooShoes
- Ahimsa
- Niche
- Lusso Lifestyle

Product Code: CMI5435

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Material Type
- Market Snippet, By End User
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions

4. Global Vegan Footwear Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Vegan Footwear Market
Impact Analysis

5. Global Vegan Footwear Market, By Product Type, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Shoes
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Sandals
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Heels
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Flats
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Others
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends

6. Global Vegan Footwear Market, By Material Type, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Microfiber
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Polyurethane
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Recycled Plastics
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Others
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends

7. Global Vegan Footwear Market, By End User, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Men
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Women
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Children
- Market Share Analysis, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends

8. Global Vegan Footwear Market, By Region, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2032
North America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Material Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By End User, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn))
- Market Size and Forecast, By Material Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By End User, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Material Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By End User, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Material Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By End User, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Material Type, 2020 - 2032 (US$ Bn)
- Market Size and Forecast, By End User, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Market Share Analysis
Company Profiles
- Nike
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Adidas
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Beyond Skin UK
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Monk Story
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Hexa Vegan Shoes
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Ethletic, Matt & Nat
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- MooShoes
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Susi Studio
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Veerah
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- AVESU GmbH.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- ASICS Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- MooShoes
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Ahimsa
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Niche
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Lusso Lifestyle
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates