Pinatex Segmentation
Application (Footwear, Automotive Upholstery, Furniture Upholstery, Bags, Belts, Personal Accessories)
The footwear application segment is expected to hold 35% share of the global pinatex market by 2037. The younger generation's changing shopping habits have increased demand for footwear that is cruelty-free or ecologically friendly. Thus, in response to consumer requests, prominent shoemakers are now selling vegan footwear. Footwear in the context of the Pinatex Fiber market refers to the incorporation of Pinatex into the manufacturing of several shoe categories, such as sandals, footwear, and sneakers. This material's strength, portability, and environmental consciousness make it a great choice for this application. Trend-wise, there's a growing tendency in the fashion industry that emphasize cruelty-free and sustainable shoe solutions, which makes Pinatex a desirable option for producers and consumers who care about the environment. In the footwear market, 1.82 pairs are anticipated to be sold on average per person in 2023. Furthermore, by 2023, Non-Luxury will account for 93% of footwear sales.
Colour (Charcoal, Natural, Brown, Gold, Silver)
The charcoal segment in the pinatex market is attributed to hold the largest share of about 40% during the forecast period. Charcoal is frequently produced using environmentally friendly dying techniques. The hue is a popular choice for a variety of fashion and interior applications since it represents sophistication and adaptability. Charcoal Pinatex is becoming more and more popular in luxury fashion and eco-friendly home décor, providing consumers who care about the environment with a stylish yet subtle option.
Our in-depth analysis of the global market includes the following segments:
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