Asia-Pacific Footwear Sole Material Market is expected to reach USD 27,202.25 million by 2029| Key Players: Vibram S.p.A, Continental AG, Unisol India

Asia-Pacific Footwear Sole Material market document brings into light several information about the industry that display important facts and figures, expert opinions, and the most recent developments across the sphere. It also informs about the trending innovation and business policies. This market report describes CAGR value fluctuations during the forecast period of 2022-2029 for the market. The report comprises of reviews about key players in the market, major collaborations, merger and acquisitions. The wide-ranging Asia-Pacific Footwear Sole Material market report is the best example of professional and comprehensive market report that focuses on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis.

The footwear sole material market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.1% in the forecast period of 2022 to 2029 and is expected to reach USD 27,202.25 million by 2029. Rise in demand for fashionable, comfortable, and suitable footwear will drive the market.

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Shoe soles are made from a variety of materials, including natural rubber, leather, polyurethane, and PVC compounds. The shoe sole materials consist of natural and synthetic materials, including leather and polymers, among others, having application in the manufacture of footwear soles. Numerous materials are employed for the manufacture of footwear soles depending on the type of footwear, its application, and the environment in which it is utilized. Some of the significant materials include rubber, daintier and thermoplastic polyurethane. These materials are flexible, strong, and offer ultimate comfort to the wearer's feet.

A profound knowledge of industrial unanimity, market trends, and incredible techniques utilized in the steadfast Asia-Pacific Footwear Sole Material report gives client's an upper hand in the market. This market report is built by chewing over several fragments of the present and upcoming market scenario because an utter way to forecast what future holds is to comprehend the trend today. All this helps to enhance the company's growth, by subsidizing the risk and improving their performance. Asia-Pacific Footwear Sole Material market report takes into account the comprehension of the business goals and requirements to bridge the gap by delivering the most proper and suitable solutions.

Footwear sole materials offer flexibility and extensive protection for the wearer. The footwear sole material market is gaining significant growth due to rising knee and ankle problems among the aging population, rise in demand for fashionable, comfortable, and convenient footwear. The increase in footwear production globally and rising demand for sports footwear is also boosting the growth of the global footwear sole material market. However, emission of harmful gases from raw materials such as rubber in sole manufacturing, time consumption for the proper sole bonding process, and use of low-quality raw materials by local manufacturers are expected to restrain the market growth of footwear sole materials during the forecast period.

Growing Strategic Activities by Major Market Players to Enhance the Awareness for Footwear Sole Material, is Boosting the Market Growth of Footwear Sole Material Market.

The Footwear sole material market also provides you with detailed market analysis for every country growth in particular market. Additionally, it provides the detail information regarding the market players' strategy and their geographical presence. The data is available for historic period 2011 to 2019.

Key Market Competitors Covered in the Report
INOAC CORPORATION
Unisol India
INGOM SRL
Vibram Corporation
Allbirds, Inc.
Solvay
Soles by MICHELIN
Arkema
Covestro AG
Evonik Industries AG
BASF SE
Dow
Huntsman International LLC
Asahi Kasei Corporation
Continental AG

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The footwear sole material market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the Footwear sole material market scenario, contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Footwear Sole Material Market Scope and Market Size

Asia-Pacific footwear sole material market is segmented into six notable segments based on product, soling material, sole component, sole type, distribution channel, and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product, the Asia-Pacific footwear sole material market is segmented into non-athletic and athletic. In 2022, the non-athletic segment is expected to dominate the footwear sole material market as the demand for flip-flops is increasing for both men and women.
On the basis of soling material, the Asia-Pacific footwear sole material market is segmented into polyurethane, rubber, EVA, PVC, PEBA, leather, and bio-materials. In 2022, rubber segment is expected to dominate the market as rubber provides protection against exposure to high temperatures.
On the basis of sole components, the Asia-Pacific footwear sole material market is segmented into the outsole, innersole, and midsole. In 2022, the outsole component segment is expected to dominate the footwear sole material market due to its tough and durable nature.
On the basis of sole type, the Asia-Pacific footwear sole material market is segmented into new soles and repair soles. In 2022, the new sole segment is expected to dominate the footwear sole material market as the new sole appears to be better in every form than the repair sole.
On the basis of distribution channels, the Asia-Pacific footwear sole material market is segmented into direct sale/B2B, E-commerce, specialty stores, and others. In 2022, the direct sale/B2B segment is expected to dominate the footwear sole material market as it allows the manufacturers to order in bulk quantity and is cost-effective.
On the basis of end-user, the Asia-Pacific footwear sole material market is segmented into men, women, and kids. In 2022, the women segment is expected to dominate the footwear sole material market as the demand for new fashionable footwear is more among women.

Non-Athletic in China is expected to grow with the highest growth rate in the forecast period of 2022 to 2029 because of growing consumption and production of footwear. Non-Athletic segment in India is growing at a significant rate due to rising knee and ankle problems among aging population. Vietnam is fastest growing  country of the Asia-Pacific market and non-athletic segment is dominating in this country owing to rise in demand for fashionable, comfortable, and convenient footwear.

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Partial Table of Content:

Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Growth Opportunities By Segment
Chapter Four: Market Landscape
Chapter Five: Company Profiles
...

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