PLANT-BASED SNEAKERS MARKET

INTRODUCTION

Native uses felted kenaf (a type of hemp) and corn in place of the synthetic foam that typically makes up a shoe's insole.

The shoe's upper is constructed of organic knit cotton, and the trim and toe-tab are made from pineapple husks.

PLANT-BASED SNEAKERS MARKET SIZE AND FORECAST

The Global plant-based sneakers market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

PLANT-BASED SNEAKERS MARKETNEW PRODUCT LAUNCH

Reebok has lifted the bar to advance the concept of sustainability and is actively shaping the direction of athletic performance.

With a ground-breaking innovation of its plant-based performance running shoe, the company thinks it is in the business of inspiring positive change, and it succeeds in doing so.

An update of Reebok's acclaimed Forever Floatride Energy sneaker is the Forever Floatride GROW. Contrary to conventional footwear made of petroleum, this variation is made of renewable agricultural materials like plants.

Reebok updated its line of sneakers with the slogan "Made with Things That Grow," furthering the company's conviction that it has a responsibility to help the environment.

Four main components make up the shoe: an upper predominantly made of eucalyptus, an algae sockliner, a natural rubber outsole, and the castor bean midsole, the star of the plant-based endeavour.

Reebok is the first and only company to build a sustainable shoe that performs on runs, mile after mile. Other companies have made footwear from bio-based materials that look fantastic.

By incorporating new behaviours into our everyday routines, we can truly feel good about what we dress and how we eat. When it comes to having access to a healthy body, mind, and planet without ever sacrificing performance, it's a completely new world.

We get there through experimentation and exploration, and Reebok is just getting started.

PLANT-BASED SNEAKERS MARKETRECENT PARTNERSHIPS

The plant-based sneakers market has seen a surge in popularity in recent years, as more people become aware of the environmental and health benefits associated with using sustainable materials in footwear production.

This has led to a flurry of new partnerships and acquisitions in the plant-based sneakers market, as companies look to capitalize on the growing trend.

One of the most prominent partnerships in the plant-based sneakers market is between German footwear giant Adidas and American biotech company Bolt Threads.

The two companies have collaborated on the development of a new range of plant-based shoes, made from Bolt Threads' proprietary engineered spider silk and have already proven popular with consumers.

Another major partnership in the plant-based sneakers market is between shoe manufacturer New Balance and UK-based leather-alternative company Desserto.

Desserto has developed a plant-based leather made from cactus, which is being used in the production of New Balance's "Fresh Foam Roav" shoes.

The shoes feature a soft, breathable upper made from the cactus-based leather, as well as a lightweight, flexible sole made from recycled rubber.

The plant-based sneakers market has also seen a number of acquisitions recently. German sportswear giant Puma acquired French vegan footwear company Veja.

The acquisition saw Puma gain access to Veja's sustainable supply chain and production methods, allowing it to further expand its plant-based sneaker range.

Similarly, American sneaker company Allbirds acquired Canadian vegan footwear brand RENEW. The company has since gone on to produce a range of plant-based shoes using sustainable materials such as sugarcane, eucalyptus, and cork.

These partnerships and acquisitions in the plant-based sneakers market demonstrate the growing demand for sustainable footwear.

As more companies strive to reduce the environmental impact of their production processes, plant-based sneakers are likely to become even more popular in the coming years.

PLANT-BASED SNEAKERS MARKETCOMPANY PROFILE

• Malai
• The Alternate
• Happy Sole
• Senso
• Paio
• Monkstory
• The Cai Store

PLANT-BASED SNEAKERS MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perGlobal plant-based sneakers marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aGlobal plant-based sneakers marketin the US, Europe and China?
3. How manyGlobal plant-based sneakers marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aGlobal plant-based sneakers marketand key vendor selection criteria
6. Where is theGlobal plant-based sneakers marketmanufactured? What is the average margin per equipment?
7. Market share ofGlobal plant-based sneakers marketmanufacturers and their upcoming products
8. The most important plannedGlobal plant-based sneakers marketin next 2 years
9. Details on network of majorGlobal plant-based sneakers marketand pricing plans
10. Cost advantage for OEMs who manufactureGlobal plant-based sneakers marketin-house
11. 5 key predictions for next 5 years inGlobal plant-based sneakers market
12. Average B-2-BGlobal plant-based sneakers marketprice in all segments
13. Latest trends inGlobal plant-based sneakers market, by every market segment
14. The market size (both volume and value) ofGlobal plant-based sneakers marketin 2024-2030 and every year in between?
15. Global production breakup ofGlobal plant-based sneakers market, by suppliers and their OEM relationship.