The Latin America, Middle East and Africa Vegan Footwear Market would witness market growth of 12.2% CAGR during the forecast period (2021-2027).
Veganism is a lifestyle, in which a person eliminates all the animal-based products from their living being. By adopting veganism, customers can minimize their healthcare costs, decrease greenhouse gas emissions and reduce climate damages. Due to these benefits, people across the world are adopting this way of living, and therefore, the demand for animal-based products has witnessed a decline in the last few years. This trend has been noticed by the companies and hence, they are implementing various strategies to gain a significant share in the vegan footwear market.
The adoption of vegan footwear helps in keeping the environment free from chemicals and reduced carbon footprints because they are made from less harmful substances and easily decomposable raw materials.
With the growing popularity of using eco-friendly products among customers, companies are highly adopting renewable and environment-friendly raw materials in order to cope with the vegan trend across developing nations.
For instance, Marks & Spencer unveiled their vegan footwear and food products in UAE, which is helping vegan people to fulfill their demand for various vegan products. These kinds of geographical expansion strategies adopted by various market players would support the vegan culture emerging in developing and underdeveloped countries.
The Brazil market dominated the LAMEA Vegan Footwear Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $646.1 million by 2027. The Argentina market is estimated to witness a CAGR of 13.2% during (2021 - 2027). Additionally, The UAE market would experience a CAGR of 11.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Vegan Footwear Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Vegan Footwear Market, by End user
1.4.2 LAMEA Vegan Footwear Market, by Distribution Channel
1.4.3 LAMEA Vegan Footwear Market, by Material Type
1.4.4 LAMEA 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. LAMEA Vegan Footwear Market by End User
4.1 LAMEA Women Market by Country
4.2 LAMEA Men Market by Country
4.3 LAMEA Children Market by Country
Chapter 5. LAMEA Vegan Footwear Market by Material Type
5.1 LAMEA Polyurethane Market by Country
5.2 LAMEA Recycled Plastics Market by Country
5.3 LAMEA Microfibre Market by Country
5.4 LAMEA Other Material Type Market by Country
Chapter 6. LAMEA Vegan Footwear Market by Distribution Channel
6.1 LAMEA Specialty Stores Market by Country
6.2 LAMEA Supermarkets/ Hypermarkets Market by Country
6.3 LAMEA Convenience Stores Market by Country
6.4 LAMEA E-Commerce Market by Country
Chapter 7. LAMEA Vegan Footwear Market by Country
7.1 Brazil Vegan Footwear Market
7.1.1 Brazil Vegan Footwear Market by End User
7.1.2 Brazil Vegan Footwear Market by Material Type
7.1.3 Brazil Vegan Footwear Market by Distribution Channel
7.2 Argentina Vegan Footwear Market
7.2.1 Argentina Vegan Footwear Market by End User
7.2.2 Argentina Vegan Footwear Market by Material Type
7.2.3 Argentina Vegan Footwear Market by Distribution Channel
7.3 UAE Vegan Footwear Market
7.3.1 UAE Vegan Footwear Market by End User
7.3.2 UAE Vegan Footwear Market by Material Type
7.3.3 UAE Vegan Footwear Market by Distribution Channel
7.4 Saudi Arabia Vegan Footwear Market
7.4.1 Saudi Arabia Vegan Footwear Market by End User
7.4.2 Saudi Arabia Vegan Footwear Market by Material Type
7.4.3 Saudi Arabia Vegan Footwear Market by Distribution Channel
7.5 South Africa Vegan Footwear Market
7.5.1 South Africa Vegan Footwear Market by End User
7.5.2 South Africa Vegan Footwear Market by Material Type
7.5.3 South Africa Vegan Footwear Market by Distribution Channel
7.6 Nigeria Vegan Footwear Market
7.6.1 Nigeria Vegan Footwear Market by End User
7.6.2 Nigeria Vegan Footwear Market by Material Type
7.6.3 Nigeria Vegan Footwear Market by Distribution Channel
7.7 Rest of LAMEA Vegan Footwear Market
7.7.1 Rest of LAMEA Vegan Footwear Market by End User
7.7.2 Rest of LAMEA Vegan Footwear Market by Material Type
7.7.3 Rest of LAMEA 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 LAMEA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 2 LAMEA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 3 LAMEA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 4 LAMEA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 5 LAMEA WOMEN MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 6 LAMEA WOMEN MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 7 LAMEA MEN MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 8 LAMEA MEN MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 9 LAMEA CHILDREN MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 10 LAMEA CHILDREN MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 11 LAMEA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 12 LAMEA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 13 LAMEA POLYURETHANE MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 14 LAMEA POLYURETHANE MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 15 LAMEA RECYCLED PLASTICS MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 16 LAMEA RECYCLED PLASTICS MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 17 LAMEA MICROFIBRE MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 18 LAMEA MICROFIBRE MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 19 LAMEA OTHER MATERIAL TYPE MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 20 LAMEA OTHER MATERIAL TYPE MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 21 LAMEA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 22 LAMEA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 23 LAMEA SPECIALTY STORES MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 24 LAMEA SPECIALTY STORES MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 25 LAMEA SUPERMARKETS/ HYPERMARKETS MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 26 LAMEA SUPERMARKETS/ HYPERMARKETS MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 27 LAMEA CONVENIENCE STORES MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 28 LAMEA CONVENIENCE STORES MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 29 LAMEA E-COMMERCE MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 30 LAMEA E-COMMERCE MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 31 LAMEA VEGAN FOOTWEAR MARKET BY COUNTRY, 2017 - 2020, USD MILLION
TABLE 32 LAMEA VEGAN FOOTWEAR MARKET BY COUNTRY, 2021 - 2027, USD MILLION
TABLE 33 BRAZIL VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 34 BRAZIL VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 35 BRAZIL VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 36 BRAZIL VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 37 BRAZIL VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 38 BRAZIL VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 39 BRAZIL VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 40 BRAZIL VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 41 ARGENTINA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 42 ARGENTINA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 43 ARGENTINA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 44 ARGENTINA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 45 ARGENTINA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 46 ARGENTINA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 47 ARGENTINA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 48 ARGENTINA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 49 UAE VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 50 UAE VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 51 UAE VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 52 UAE VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 53 UAE VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 54 UAE VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 55 UAE VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 56 UAE VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 57 SAUDI ARABIA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 58 SAUDI ARABIA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 59 SAUDI ARABIA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 60 SAUDI ARABIA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 61 SAUDI ARABIA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 62 SAUDI ARABIA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 63 SAUDI ARABIA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 64 SAUDI ARABIA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 65 SOUTH AFRICA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 66 SOUTH AFRICA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 67 SOUTH AFRICA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 68 SOUTH AFRICA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 69 SOUTH AFRICA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 70 SOUTH AFRICA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 71 SOUTH AFRICA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 72 SOUTH AFRICA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 73 NIGERIA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 74 NIGERIA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 75 NIGERIA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 76 NIGERIA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 77 NIGERIA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 78 NIGERIA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 79 NIGERIA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 80 NIGERIA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2021 - 2027, USD MILLION
TABLE 81 REST OF LAMEA VEGAN FOOTWEAR MARKET, 2017 - 2020, USD MILLION
TABLE 82 REST OF LAMEA VEGAN FOOTWEAR MARKET, 2021 - 2027, USD MILLION
TABLE 83 REST OF LAMEA VEGAN FOOTWEAR MARKET BY END USER, 2017 - 2020, USD MILLION
TABLE 84 REST OF LAMEA VEGAN FOOTWEAR MARKET BY END USER, 2021 - 2027, USD MILLION
TABLE 85 REST OF LAMEA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2017 - 2020, USD MILLION
TABLE 86 REST OF LAMEA VEGAN FOOTWEAR MARKET BY MATERIAL TYPE, 2021 - 2027, USD MILLION
TABLE 87 REST OF LAMEA VEGAN FOOTWEAR MARKET BY DISTRIBUTION CHANNEL, 2017 - 2020, USD MILLION
TABLE 88 REST OF LAMEA 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