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Stock impact report

Sustainable Footwear Market: Poised to Reach USD 15.9 Billion by 2032, Credence Research Finds [Yahoo! Finance]

Allbirds, Inc. (BIRD) 
Company Research Source: Yahoo! Finance
Valued at USD 10.33 Billion in 2024, the market is projected to reach USD 15.9 Billion by 2032, growing at a steady CAGR of 5.60% between 2025 and 2032. Credence Research Logo (PRNewsfoto/Credence Research Inc.) This growth is largely driven by a dramatic shift in consumer behavior towards sustainability, increasing awareness of climate change, a rise in disposable incomes across developing nations, and expanding product innovation across the global footwear industry. Brands are responding to the call for change with recyclable materials, biodegradable soles, vegan leathers, and transparent supply chains. What is Driving the Sustainable Footwear Market? The global conversation surrounding environmental protection has become impossible to ignore. Consumers are making lifestyle choices that reflect their values, and brands are under pressure to not only comply with regulations but also cater to ethically and environmentally conscious buyers. Key Market Drivers Eco-Conscious Show less Read more
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