Middle East & Africa Sustainable Footwear Market Size & Outlook
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MEA sustainable footwear market highlights
- The MEA sustainable footwear market generated a revenue of USD 276.5 million in 2022.
- The market is expected to grow at a CAGR of 5.5% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 276.5 million |
| Market revenue in 2030 | USD 423.7 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Non-athletic |
| Fastest growing segment | Athletic |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 5.3% of the global sustainable footwear market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,611.1 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Sustainable Footwear Market Scope
Sustainable Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Reformation | View profile | 101-250 | Los Angeles, California, United States, North America | http://www.thereformation.com |
| LMI Inc. | View profile | 101-250 | Ontario, California, United States, North America | http://www.larrymethvin.com |
| Threads 4 Thought | View profile | 11-50 | Los Angeles, California, United States, North America | https://www.threads4thought.com |
| Native Shoes | View profile | 101-250 | Vancouver, British Columbia, Canada, North America | https://www.nativeshoes.com/ |
| Matisse Footwear | View profile | 11-50 | El Segundo, California, United States, North America | https://www.matissefootwear.com |
| Nisolo | View profile | 11-50 | Nashville, Tennessee, United States, North America | http://nisolo.com/ |
| Veja | View profile | 251-500 | Paris, Ile-de-France, France, Europe | https://www.veja-store.com/ |
| Rothy's | View profile | 501-1000 | San Francisco, California, United States, North America | https://rothys.com |
| Tropicfeel | View profile | 11-50 | Barcelona, Catalonia, Spain, Europe | https://shop.tropicfeel.com/ |
| Amour Vert | View profile | 11-50 | San Francisco, California, United States, North America | http://www.amourvert.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
Middle East & Africa 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 64.85% in 2022. Horizon Databook has segmented the Middle East & Africa sustainable footwear market based on athletic, non-athletic covering the revenue growth of each sub-segment from 2018 to 2030.
Rising awareness among the population about the need for environment protection, along with the growing influence of Western cultures and trends, has gradually penetrated big cities in the region, such as Dubai and many cities in Saudi Arabia. This has upped the demand for sustainable fashion, including footwear, among consumers in the region.
People in the Middle East and Africa have been showing rising interest in environment-friendly products, including apparel and accessories that combine modest fashion & homegrown designs and also reflect their culture. This is expected to bode well for the sustainable footwear market.
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Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa sustainable footwear market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sustainable footwear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA sustainable footwear market size, by country, 2018-2030 (US$M)
Middle East & Africa Sustainable Footwear Market Outlook Share, 2022 & 2030 (US$M)
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