India Sustainable Footwear Market Size & Outlook
India sustainable footwear market, 2018-2030 (US$M)
Related Markets
India sustainable footwear market highlights
- The India sustainable footwear market generated a revenue of USD 168.8 million in 2022 and is expected to reach USD 289.2 million by 2030.
- The India market is expected to grow at a CAGR of 7% 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 168.8 million |
| Market revenue in 2030 | USD 289.2 million |
| Growth rate | 7% (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, India accounted for 3.2% 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 Asia Pacific, China sustainable footwear market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 384.3 million by 2030.
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Sustainable Footwear Market Scope
Sustainable Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 59.95% in 2022. Horizon Databook has segmented the India sustainable footwear market based on athletic, non-athletic covering the revenue growth of each sub-segment from 2018 to 2030.
India accounted for a revenue share of more than 17.05% of the Asia Pacific market in 2019. The Indian footwear industry uses synthetic fibers and chemical processes to a large extent and many organizations are taking this factor into consideration, thus shifting to adopting sustainable ways of manufacturing by using recycled materials such as recycled plastics, bottles, and nylon. With the “Make in India” campaign, many small startups and firms are gaining popularity and have played a role in boosting sustainable manufacturing in India.
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Target buyers of India 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 India sustainable footwear market , including forecasts for subscribers. This country databook contains high-level insights into India sustainable footwear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India sustainable footwear market size, by product, 2018-2030 (US$M)
India Sustainable Footwear Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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