Global Plant-Based Sneakers Market 2022-2030

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    GLOBAL 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.

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

     

    GLOBAL 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 2022 to 2030.

     

    NEW 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.

     

    RECENT 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.

     

    COMPANY PROFILE

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

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per Global plant-based sneakers market right now and how will it change in the next 5-6 years?
    2. Average cost to set up a Global plant-based sneakers market in the US, Europe and China?
    3. How many Global plant-based sneakers market are 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 a Global plant-based sneakers market and key vendor selection criteria
    6. Where is the Global plant-based sneakers market manufactured? What is the average margin per equipment?
    7. Market share of Global plant-based sneakers market manufacturers and their upcoming products
    8. The most important planned Global plant-based sneakers market in next 2 years
    9. Details on network of major Global plant-based sneakers market and pricing plans
    10. Cost advantage for OEMs who manufacture Global plant-based sneakers market in-house
    11. 5 key predictions for next 5 years in Global plant-based sneakers market
    12. Average B-2-B Global plant-based sneakers market price in all segments
    13. Latest trends in Global plant-based sneakers market, by every market segment
    14. The market size (both volume and value) of Global plant-based sneakers market in 2022-2030 and every year in between?
    15. Global production breakup of Global plant-based sneakers market, by suppliers and their OEM relationship. 
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