The vegan footwear market size has grown strongly in recent years. It will grow from $29.42 billion in 2024 to $32.24 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to ethical consumerism, animal welfare concerns, environmental consciousness, sustainable fashion movement, fashion industry endorsement.
The vegan footwear market size is expected to see strong growth in the next few years. It will grow to $45.57 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to global expansion of veganism, fashion industry sustainability goals, corporate social responsibility increased availability and variety, consumer awareness and education. Major trends in the forecast period include innovation in vegan materials, collaborations and partnerships, recycled and upcycled materials, online platforms and direct-to-consumer models, celebrity endorsements.
The increasing demand for eco-friendly shoes is anticipated to boost the growth of the vegan footwear market. Eco-friendly shoes, also referred to as sustainable shoes, are designed and manufactured to minimize environmental impact throughout their lifecycle, from material sourcing and production to usage and disposal. Vegan footwear plays a crucial role in the eco-friendly shoe market by using recycled materials such as plastic bottles, cork, or algae, which helps reduce reliance on virgin resources. For example, in October 2023, statistics from Runrepeat indicated that the sustainable footwear industry is projected to grow by 6.8%, reaching $9.4 billion in 2023, with expectations of hitting $13.3 billion by 2030. Additionally, approximately 62.7% of all sustainable footwear products are categorized as non-athletic. Consequently, the rising demand for eco-friendly shoes is propelling the growth of the vegan footwear market.
The ascent of e-commerce is set to boost the vegan footwear market. Ethical and sustainable consumer preferences drive the demand for cruelty-free and environmentally friendly options, aligning with the ethos of vegan footwear. The Census Bureau reported U.S. retail e-commerce sales of $277.6 billion for the second quarter of 2023, indicating a 2.1% increase from the preceding quarter. This surge in e-commerce activities propels the growth of the vegan footwear market.
Major companies in the vegan footwear market are focused on crafting vegan shoe collections using cruelty-free materials to foster sustainable fashion practices and gain competitive advantages. Adidas, a renowned German apparel company, introduced the EQT93 Plant and Grow sandals in June 2023. This vegan shoe collection features a nature-inspired color palette and a speckled rubber sole mimicking soil texture. Utilizing synthetic materials for the upper, the sandals underscore Adidas' commitment to cruelty-free alternatives. Drawing inspiration from community gardening initiatives, the design mirrors Adidas' dedication to sustainability and ethical manufacturing practices.
Major players in the vegan footwear market are pioneering innovative collections, particularly leather-free shoes, to cater to cruelty-free fashion trends and bolster market profitability. Metro Brands, an innovative India-based footwear and accessories company, partnered with PETA in June 2022 to unveil the Tie-Dye Collection, marking their debut vegan shoe line. This collaboration reflects evolving consumer preferences towards cruelty-free and sustainable choices in the post-pandemic era. The Tie-Dye Collection, devoid of animal-derived materials, not only aligns with ethical values but also showcases trendy, fashion-forward designs, epitomizing Metro Brands' commitment to stylish and cruelty-free footwear.
In May 2022, Metro Brands, a footwear retail company based in India, acquired a majority stake in Thaely Private Limited for $0.36 million (Rs 2.67 crore). This strategic acquisition positions Metro Brands to capitalize on the increasing demand for sustainable footwear. It enables the company to diversify its product portfolio, enhance its brand image, and explore innovative business models and partnerships. Thaely Private Limited, the acquired entity, specializes in the production of vegan sneakers and footwear, aligning with the growing trend towards eco-friendly and cruelty-free products in the footwear industry.
Major companies operating in the vegan footwear market include Nike Inc., Adidas AG, Allbirds Inc., Kenneth Cole Productions, Veerah LLC, MooShoes, Veja, Issey Miyake Shoes GmbH, Native canada footwear Ltd., Taylor + Thomas, Nae Vegan shoes, Ahinsa Shoes Inc., Matt & Nat, AVESU GMBH, Saola Shoes, Noah Shoes, Etiko, Brave Soles, Beyond Skin Vegan shoes, Bourgeois Boheme Shoes, Rungg Shoes, Susy Shoes, Altercore Shoes, GoodGuysdontwearleather, Hexa Shoes, Sydney Brown LLC, Vegetarian Shoes, Virón world, Wills Vegan Shoes.
North America was the largest market in the vegan footwear market in 2024. The regions covered in the vegan footwear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vegan footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vegan footwear excludes animal-derived materials such as leather, fur, or silk, utilizing synthetic fabrics such as polyurethane or microfiber.
The primary types of vegan footwear comprise shoes, sneakers, boots, sandals, heels, and other variations. Vegan footwear is crafted without any animal-derived components or materials, eliminating items tested on animals and traditional shoe materials such as leather, wool, fur, and certain glues. Various materials used in vegan footwear include microfiber, polyurethane (PU), cotton, natural rubber, hemp, and others. Sales channels for these products involve both direct and indirect methods, encompassing supermarkets/hypermarkets, convenience stores, specialty stores, and online platforms. These distribution channels cater to end-users across different demographics, including men, women, and children.
The vegan footwear market research report is one of a series of new reports that provides vegan footwear market statistics, including vegan footwear industry global market size, regional shares, competitors with a vegan footwear market share, detailed vegan footwear market segments, market trends and opportunities, and any further data you may need to thrive in the vegan footwear industry. This vegan footwear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The vegan footwear market consists of sales of shoes made from mushrooms, bananas, apples and synthetic materials. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The vegan footwear market size is expected to see strong growth in the next few years. It will grow to $45.57 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to global expansion of veganism, fashion industry sustainability goals, corporate social responsibility increased availability and variety, consumer awareness and education. Major trends in the forecast period include innovation in vegan materials, collaborations and partnerships, recycled and upcycled materials, online platforms and direct-to-consumer models, celebrity endorsements.
The increasing demand for eco-friendly shoes is anticipated to boost the growth of the vegan footwear market. Eco-friendly shoes, also referred to as sustainable shoes, are designed and manufactured to minimize environmental impact throughout their lifecycle, from material sourcing and production to usage and disposal. Vegan footwear plays a crucial role in the eco-friendly shoe market by using recycled materials such as plastic bottles, cork, or algae, which helps reduce reliance on virgin resources. For example, in October 2023, statistics from Runrepeat indicated that the sustainable footwear industry is projected to grow by 6.8%, reaching $9.4 billion in 2023, with expectations of hitting $13.3 billion by 2030. Additionally, approximately 62.7% of all sustainable footwear products are categorized as non-athletic. Consequently, the rising demand for eco-friendly shoes is propelling the growth of the vegan footwear market.
The ascent of e-commerce is set to boost the vegan footwear market. Ethical and sustainable consumer preferences drive the demand for cruelty-free and environmentally friendly options, aligning with the ethos of vegan footwear. The Census Bureau reported U.S. retail e-commerce sales of $277.6 billion for the second quarter of 2023, indicating a 2.1% increase from the preceding quarter. This surge in e-commerce activities propels the growth of the vegan footwear market.
Major companies in the vegan footwear market are focused on crafting vegan shoe collections using cruelty-free materials to foster sustainable fashion practices and gain competitive advantages. Adidas, a renowned German apparel company, introduced the EQT93 Plant and Grow sandals in June 2023. This vegan shoe collection features a nature-inspired color palette and a speckled rubber sole mimicking soil texture. Utilizing synthetic materials for the upper, the sandals underscore Adidas' commitment to cruelty-free alternatives. Drawing inspiration from community gardening initiatives, the design mirrors Adidas' dedication to sustainability and ethical manufacturing practices.
Major players in the vegan footwear market are pioneering innovative collections, particularly leather-free shoes, to cater to cruelty-free fashion trends and bolster market profitability. Metro Brands, an innovative India-based footwear and accessories company, partnered with PETA in June 2022 to unveil the Tie-Dye Collection, marking their debut vegan shoe line. This collaboration reflects evolving consumer preferences towards cruelty-free and sustainable choices in the post-pandemic era. The Tie-Dye Collection, devoid of animal-derived materials, not only aligns with ethical values but also showcases trendy, fashion-forward designs, epitomizing Metro Brands' commitment to stylish and cruelty-free footwear.
In May 2022, Metro Brands, a footwear retail company based in India, acquired a majority stake in Thaely Private Limited for $0.36 million (Rs 2.67 crore). This strategic acquisition positions Metro Brands to capitalize on the increasing demand for sustainable footwear. It enables the company to diversify its product portfolio, enhance its brand image, and explore innovative business models and partnerships. Thaely Private Limited, the acquired entity, specializes in the production of vegan sneakers and footwear, aligning with the growing trend towards eco-friendly and cruelty-free products in the footwear industry.
Major companies operating in the vegan footwear market include Nike Inc., Adidas AG, Allbirds Inc., Kenneth Cole Productions, Veerah LLC, MooShoes, Veja, Issey Miyake Shoes GmbH, Native canada footwear Ltd., Taylor + Thomas, Nae Vegan shoes, Ahinsa Shoes Inc., Matt & Nat, AVESU GMBH, Saola Shoes, Noah Shoes, Etiko, Brave Soles, Beyond Skin Vegan shoes, Bourgeois Boheme Shoes, Rungg Shoes, Susy Shoes, Altercore Shoes, GoodGuysdontwearleather, Hexa Shoes, Sydney Brown LLC, Vegetarian Shoes, Virón world, Wills Vegan Shoes.
North America was the largest market in the vegan footwear market in 2024. The regions covered in the vegan footwear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vegan footwear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vegan footwear excludes animal-derived materials such as leather, fur, or silk, utilizing synthetic fabrics such as polyurethane or microfiber.
The primary types of vegan footwear comprise shoes, sneakers, boots, sandals, heels, and other variations. Vegan footwear is crafted without any animal-derived components or materials, eliminating items tested on animals and traditional shoe materials such as leather, wool, fur, and certain glues. Various materials used in vegan footwear include microfiber, polyurethane (PU), cotton, natural rubber, hemp, and others. Sales channels for these products involve both direct and indirect methods, encompassing supermarkets/hypermarkets, convenience stores, specialty stores, and online platforms. These distribution channels cater to end-users across different demographics, including men, women, and children.
The vegan footwear market research report is one of a series of new reports that provides vegan footwear market statistics, including vegan footwear industry global market size, regional shares, competitors with a vegan footwear market share, detailed vegan footwear market segments, market trends and opportunities, and any further data you may need to thrive in the vegan footwear industry. This vegan footwear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The vegan footwear market consists of sales of shoes made from mushrooms, bananas, apples and synthetic materials. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Vegan Footwear Market Characteristics3. Vegan Footwear Market Trends and Strategies4. Vegan Footwear Market - Macro Economic Scenario Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Vegan Footwear Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Vegan Footwear Market34. Recent Developments in the Vegan Footwear Market
5. Global Vegan Footwear Growth Analysis and Strategic Analysis Framework
6. Vegan Footwear Market Segmentation
7. Vegan Footwear Market Regional and Country Analysis
8. Asia-Pacific Vegan Footwear Market
9. China Vegan Footwear Market
10. India Vegan Footwear Market
11. Japan Vegan Footwear Market
12. Australia Vegan Footwear Market
13. Indonesia Vegan Footwear Market
14. South Korea Vegan Footwear Market
15. Western Europe Vegan Footwear Market
16. UK Vegan Footwear Market
17. Germany Vegan Footwear Market
18. France Vegan Footwear Market
19. Italy Vegan Footwear Market
20. Spain Vegan Footwear Market
21. Eastern Europe Vegan Footwear Market
22. Russia Vegan Footwear Market
23. North America Vegan Footwear Market
24. USA Vegan Footwear Market
25. Canada Vegan Footwear Market
26. South America Vegan Footwear Market
27. Brazil Vegan Footwear Market
28. Middle East Vegan Footwear Market
29. Africa Vegan Footwear Market
30. Vegan Footwear Market Competitive Landscape and Company Profiles
31. Vegan Footwear Market Other Major and Innovative Companies
35. Vegan Footwear Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Vegan Footwear Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on vegan footwear market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for vegan footwear? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vegan footwear market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Shoes; Sneakers; Boots; Sandals; Heels; Other Product Types2) By Material Type: Microfiber; Polyurethane (Pu); Cotton; Natural Rubber; Hemp; Other Material Types
3) By Sales Channel: Direct; Indirect
4) By Distribution Channel: Supermarkets or Hypermarkets; Convenience Stores; Specialty Stores; Online Stores
5) By End User: Men; Women; Children
Subsegments:
1) By Shoes: Loafers; Oxfords; Ballet Flats; Casual Shoes2) By Sneakers: Athletic Sneakers; Lifestyle Sneakers; High-Top Sneakers; Slip-on Sneakers
3) By Boots: Ankle Boots; Knee-High Boots; Chelsea Boots; Combat Boots
4) By Sandals: Flip-Flops; Slide Sandals; Gladiator Sandals; Sport Sandals
5) By Heels: Pumps; Wedges; Stilettos; Block Heels
6) By Other Product Types: Slippers; Clogs; Specialty Footwear
Key Companies Mentioned: Nike Inc.; Adidas AG; Allbirds Inc.; Kenneth Cole Productions; Veerah LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Nike Inc.
- Adidas AG
- Allbirds Inc.
- Kenneth Cole Productions
- Veerah LLC
- MooShoes
- Veja
- Issey Miyake Shoes GmbH
- Native canada footwear Ltd.
- Taylor + Thomas
- Nae Vegan shoes
- Ahinsa Shoes Inc.
- Matt & Nat
- AVESU GMBH
- Saola Shoes
- Noah Shoes
- Etiko
- Brave Soles
- Beyond Skin Vegan shoes
- Bourgeois Boheme Shoes
- Rungg Shoes
- Susy Shoes
- Altercore Shoes
- GoodGuysdontwearleather
- Hexa Shoes
- Sydney Brown LLC
- Vegetarian Shoes
- Virón world
- Wills Vegan Shoes
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 32.24 Billion |
Forecasted Market Value ( USD | $ 45.57 Billion |
Compound Annual Growth Rate | 9.0% |
Regions Covered | Global |
No. of Companies Mentioned | 29 |