The Asia Pacific Vegan Footwear Market would witness market growth of 12.6% CAGR during the forecast period (2021-2027).
As vegan culture is gaining more popularity among millennials and Gen Z, the demand for vegan products is also increasing, be it food items, fashion apparel, or footwear. In the last few years, footwear companies are manufacturing vegan footwear by using plants like bananas, mushrooms, and apples, along with that they are also using synthetic materials such as microfiber, polyurethane (PU), or rubber.
Various animal proteins such as casein from milk or collagen from bones, flesh, tendons, ligaments, skins, and other animal body parts are utilized in the making of animal-based glues. In order to extract collagen from tissue, different animal parts are softened, cleaned, and boiled in water to make a stock, which is further processed and concentrated to remove impurities.
Since the trend of veganism is constantly flourishing in the developing nations of the region, many key companies are entering this region to expand their businesses. For instance, Kanabis, a vegan brand of footwear for women has collaborated with PETA India to launch their collection for vegan footwear fans. In addition, the company has developed a footwear collection that offers high quality, high performance, and innovative designs to match the fashion desire of the customers.
The China market dominated the Asia Pacific Vegan Footwear Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.2 billion by 2027. The Japan market is anticipated to grow a CAGR of 13.61% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 13.64% during (2021 - 2027).
Based on end-user, the vegan footwear market is fragmented into men, women, and others. Based on distribution channel, the vegan footwear market is divided into specialty stores, supermarkets/hypermarkets, convenience stores, and others. Based on material type, the vegan footwear market is classified into polyurethane, recycled plastics, microfiber, and others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Vegan Footwear Market is Projected to reach USD 32.05 billion by 2027, at a CAGR of 11.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Avesu GmbH, Garamont International Srl, Matt & Nat, MooShoes, Adidas AG, Nike, Inc., PUMA SE, Under Armour, Inc., and ASICS Corporation.
Scope of the Study
Market Segments Covered in the Report:
By End user
By Distribution Channel
- Specialty Stores
- Supermarkets/Hypermarkets
- Convenience Stores
- Others
By Material Type
- Polyurethane
- Recycled plastics
- Microfiber
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Avesu GmbH
- Garamont International Srl
- Matt & Nat
- MooShoes
- Adidas AG
- Nike, Inc.
- PUMA SE
- Under Armour, Inc.
- ASICS Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Vegan Footwear Market, by End user
1.4.2 Asia Pacific Vegan Footwear Market, by Distribution Channel
1.4.3 Asia Pacific Vegan Footwear Market, by Material Type
1.4.4 Asia Pacific Vegan Footwear Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Vegan Footwear Market
Chapter 4. Asia Pacific Vegan Footwear Market by End User
4.1 Asia Pacific Women Market by Country
4.2 Asia Pacific Men Market by Country
4.3 Asia Pacific Children Market by Country
Chapter 5. Asia Pacific Vegan Footwear Market by Material Type
5.1 Asia Pacific Polyurethane Market by Country
5.2 Asia Pacific Recycled Plastics Market by Country
5.3 Asia Pacific Microfibre Market by Country
5.4 Asia Pacific Other Material Type Market by Country
Chapter 6. Asia Pacific Vegan Footwear Market by Distribution Channel
6.1 Asia Pacific Specialty Stores Market by Country
6.2 Asia Pacific Supermarkets/ Hypermarkets Market by Country
6.3 Asia Pacific Convenience Stores Market by Country
6.4 Asia Pacific E-Commerce Market by Country
Chapter 7. Asia Pacific Vegan Footwear Market by Country
7.1 China Vegan Footwear Market
7.1.1 China Vegan Footwear Market by End User
7.1.2 China Vegan Footwear Market by Material Type
7.1.3 China Vegan Footwear Market by Distribution Channel
7.2 Japan Vegan Footwear Market
7.2.1 Japan Vegan Footwear Market by End User
7.2.2 Japan Vegan Footwear Market by Material Type
7.2.3 Japan Vegan Footwear Market by Distribution Channel
7.3 India Vegan Footwear Market
7.3.1 India Vegan Footwear Market by End User
7.3.2 India Vegan Footwear Market by Material Type
7.3.3 India Vegan Footwear Market by Distribution Channel
7.4 South Korea Vegan Footwear Market
7.4.1 South Korea Vegan Footwear Market by End User
7.4.2 South Korea Vegan Footwear Market by Material Type
7.4.3 South Korea Vegan Footwear Market by Distribution Channel
7.5 Singapore Vegan Footwear Market
7.5.1 Singapore Vegan Footwear Market by End User
7.5.2 Singapore Vegan Footwear Market by Material Type
7.5.3 Singapore Vegan Footwear Market by Distribution Channel
7.6 Malaysia Vegan Footwear Market
7.6.1 Malaysia Vegan Footwear Market by End User
7.6.2 Malaysia Vegan Footwear Market by Material Type
7.6.3 Malaysia Vegan Footwear Market by Distribution Channel
7.7 Rest of Asia Pacific Vegan Footwear Market
7.7.1 Rest of Asia Pacific Vegan Footwear Market by End User
7.7.2 Rest of Asia Pacific Vegan Footwear Market by Material Type
7.7.3 Rest of Asia Pacific Vegan Footwear Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Avesu GmbH
8.1.1 Company Overview
8.2 Garmont International Srl
8.2.1 Company Overview
8.3 Matt & Nat
8.3.1 Company Overview
8.4 MooShoes
8.4.1 Company Overview
8.5 Adidas AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 Nike, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.1 Recent strategies and developments:
8.6.1.1 Product Launches and Product Expansions:
8.7 PUMA SE
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 Under Armour, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.9 ASICS Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 ASIA PACIFIC VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 2 ASIA PACIFIC VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 3 ASIA PACIFIC VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 4 ASIA PACIFIC VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 5 ASIA PACIFIC WOMEN MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 6 ASIA PACIFIC WOMEN MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 7 ASIA PACIFIC MEN MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 8 ASIA PACIFIC MEN MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 9 ASIA PACIFIC CHILDREN MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 10 ASIA PACIFIC CHILDREN MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 11 ASIA PACIFIC VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 12 ASIA PACIFIC VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 13 ASIA PACIFIC POLYURETHANE MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 14 ASIA PACIFIC POLYURETHANE MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 15 ASIA PACIFIC RECYCLED PLASTICS MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 16 ASIA PACIFIC RECYCLED PLASTICS MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 17 ASIA PACIFIC MICROFIBRE MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 18 ASIA PACIFIC MICROFIBRE MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 19 ASIA PACIFIC OTHER MATERIAL TYPE MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 20 ASIA PACIFIC OTHER MATERIAL TYPE MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 21 ASIA PACIFIC VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 22 ASIA PACIFIC VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 23 ASIA PACIFIC SPECIALTY STORES MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 24 ASIA PACIFIC SPECIALTY STORES MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 25 ASIA PACIFIC SUPERMARKETS/ HYPERMARKETS MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 26 ASIA PACIFIC SUPERMARKETS/ HYPERMARKETS MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 27 ASIA PACIFIC CONVENIENCE STORES MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 28 ASIA PACIFIC CONVENIENCE STORES MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 29 ASIA PACIFIC E-COMMERCE MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 30 ASIA PACIFIC E-COMMERCE MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 31 ASIA PACIFIC VEGAN FOOTWEAR MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 32 ASIA PACIFIC VEGAN FOOTWEAR MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 33 CHINA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 34 CHINA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 35 CHINA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 36 CHINA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 37 CHINA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 38 CHINA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 39 CHINA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 40 CHINA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 41 JAPAN VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 42 JAPAN VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 43 JAPAN VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 44 JAPAN VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 45 JAPAN VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 46 JAPAN VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 47 JAPAN VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 48 JAPAN VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 49 INDIA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 50 INDIA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 51 INDIA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 52 INDIA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 53 INDIA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 54 INDIA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 55 INDIA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 56 INDIA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 57 SOUTH KOREA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 58 SOUTH KOREA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 59 SOUTH KOREA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 60 SOUTH KOREA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 61 SOUTH KOREA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 62 SOUTH KOREA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 63 SOUTH KOREA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 64 SOUTH KOREA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 65 SINGAPORE VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 66 SINGAPORE VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 67 SINGAPORE VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 68 SINGAPORE VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 69 SINGAPORE VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 70 SINGAPORE VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 71 SINGAPORE VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 72 SINGAPORE VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 73 MALAYSIA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 74 MALAYSIA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 75 MALAYSIA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 76 MALAYSIA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 77 MALAYSIA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 78 MALAYSIA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 79 MALAYSIA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 80 MALAYSIA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 81 REST OF ASIA PACIFIC VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 82 REST OF ASIA PACIFIC VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 83 REST OF ASIA PACIFIC VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 84 REST OF ASIA PACIFIC VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 85 REST OF ASIA PACIFIC VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 86 REST OF ASIA PACIFIC VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 87 REST OF ASIA PACIFIC VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 88 REST OF ASIA PACIFIC VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 89 KEY INFORMATION – AVESU GMBH
TABLE 90 KEY INFORMATION – GARMONT INTERNATIONAL SRL
TABLE 91 KEY INFORMATION – MATT & NAT
TABLE 92 KEY INFORMATION – MOOSHOES
TABLE 93 KEY INFORMATION – ADIDAS AG
TABLE 94 KEY INFORMATION – NIKE, INC.
TABLE 95 KEY INFORMATION – PUMA SE
TABLE 96 KEY INFORMATION –UNDER ARMOUR, INC.
TABLE 97 KEY INFORMATION – ASICS CORPORATION
LIST OF FIGURES
FIG 1 METHODOLOGY FOR THE RESEARCH