Brazil Sustainable Footwear Market Size & Outlook
Brazil sustainable footwear market, 2018-2030 (US$M)
Related Markets
Brazil sustainable footwear market highlights
- The Brazil sustainable footwear market generated a revenue of USD 330.6 million in 2022 and is expected to reach USD 510.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.6% from 2023 to 2030.
- In terms of segment, non-athletic was the largest revenue generating product in 2022.
- Athletic is the most lucrative product segment registering the fastest growth during the forecast period.
Sustainable footwear market data book summary
| Market revenue in 2022 | USD 330.6 million |
| Market revenue in 2030 | USD 510.2 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Non-athletic |
| Fastest growing segment | Athletic |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Athletic, Non-athletic |
| Key market players worldwide | Adidas AG, Amour Vert, Tropicfeel, Rothy's, Veja, Nisolo, Matisse Footwear, Native Shoes, Threads 4 Thought, LMI Inc., Reformation |
Other key industry trends
- In terms of revenue, Brazil accounted for 6.4% of the global sustainable footwear market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil sustainable footwear market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 68.5 million by 2030.
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Sustainable Footwear Market Scope
Sustainable Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil sustainable footwear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sustainable footwear market will help companies and investors design strategic landscapes.
Non-athletic was the largest segment with a revenue share of 63.07% in 2022. Horizon Databook has segmented the Brazil sustainable footwear market based on athletic, non-athletic covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil accounted for a revenue share of more than 37.5% in the Central & South America market in 2019. The rising popularity of sustainability has spurred the demand for sustainable shoes in the country. Sneakers have become a mainstay for an increasing number of people in the country and this has resulted in the emergence fashionable and trendy styles.
Sustainable footwear brands such as Insecta have been witnessing high receptibility among the consumers in recent years, which is expected to have a positive impact on the market. Brazil is also one of the major footwear manufacturing countries in the industry, with an established factory setup and skilled labor. This presents a lucrative opportunity for new manufacturers considering to venture into the sustainability footwear segment.
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Target buyers of Brazil sustainable footwear market databook
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Our clientele includes a mix of sustainable footwear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil sustainable footwear market , including forecasts for subscribers. This country databook contains high-level insights into Brazil sustainable footwear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil sustainable footwear market size, by product, 2018-2030 (US$M)
Brazil Sustainable Footwear Market Outlook Share, 2022 & 2030 (US$M)
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