Press release
Comprehensive Shoe Insoles Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
In recent times, the market size for shoe insoles has seen substantial growth. With a compound annual growth rate (CAGR) of 6.7%, it is expected to rise from $5.49 billion in 2024 to $5.86 billion in 2025. The surge in growth during the historic span is reasoned to be due to factors like an upsurge in foot-related illnesses, heightened consciousness about health, escalating expendable incomes, a rise in sporting and athletic activities and evolving lifestyles.
The market size for shoe insoles is anticipated to experience robust expansion in the following few years. It is projected to reach an impressive $7.5 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 6.4%. The factors driving this growth during the forecast period include an increase in diabetes, the requirement for comfortable footwear, sedentary lifestyles, fashion considerations, and injury prevention. Prominent trends expected in the forecast period encompass the development of advanced gels and foams, advancements in technology, the incorporation of wearable technology, and the emergence of smart insoles.
What Is Stimulating Growth in the Shoe Insoles Market?
The surge in sports and athletic engagements is predicted to boost the expansion of the shoe insoles market in the future. Sports and athletic activities encompass physical activities or competitive games requiring skill, strength, and endurance. The escalating consciousness about health, breakthroughs in sports technology, augmented access to facilities, a growing number of participants in fitness programs and the heightened interaction on social media platforms promoting active lifestyles have incited involvement in sports and athletic activities. Shoe insoles augment comfort and efficiency during these activities. They provide extra cushioning which helps to mitigate shock and reduce the pressure on the feet, ankles, knees, and hips. As reported by the Sports & Fitness Industry Association, a US-based consortium that champions the rights of the sporting goods and fitness industries, the total participants in team sports in the United States were 70.8 million in 2022, which is higher than the 67 million in 2020. Thus, the escalation in sports and athletic activities fuels the growth of the shoe insole market.
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Which Key Market Leaders Are Driving Shoe Insoles Industry Growth?
Major companies operating in the shoe insoles market are Decathlon LLC, New Balance Athletics Inc., ASICS Corporation, Yonex Co. Ltd., Texon International Group, Aetrex Inc., Bauerfeind AG, Superfeet Worldwide Inc., Profoot Inc., Sidas, Protalus LLC, Rehband, SOLO Laboratories Inc., FootBalance System Ltd., Footlogics, Pedag, PowerStep, Currex LLC, Enertor, Dr. Scholl's, Sof Sole, Formthotics, Spenco Medical Corporation, Li Ning (China) Sports Goods Co. Ltd., Birkenstock GmbH
What Are the Major Trends Shaping the Shoe Insoles Market?
Leading firms in the shoe insoles market are introducing sophisticated products, including insoles crafted from recycled polyethylene terephthalate (PET), in order to cater to the increasing demand for sustainable and eco-friendly footwear options. An insole fabricated from recycled PET represents an eco-conscious footwear addition made exclusively from recycled plastic substances, intended to offer comfort and support while reducing environmental footprint through green manufacturing methods. For example, in September 2022, Hong Kong's textile manufacturing firm, Texon, unveiled Ecostrobe. This groundbreaking insole is produced entirely from 100% recycled PET, using a distinctive fusion-bonding technology that does away with the necessity for chemicals and water in the production process. This inventive insole is engineered to be 20% lighter and uses 50% less energy to produce, aside from boasting superior moisture soaking and distribution attributes. Ecostrobe endorses sustainable measures in footwear creation, aiding environmental preservation by preventing millions of plastic bottles from ending up in landfills.
What Are the Main Segments in the Shoe Insoles Market?
The shoe insoles market covered in this report is segmented -
1) By Type: Full Length; Three-Fourth Length; Heel Cup
2) By Material: Foam; Gel; Rubber; Plastic; Carbon Fiber; Polyurethane; Other Materials
3) By Price: Economy; Medium; Premium
4) By Gender: Men; Women
5) By Application: Casual; Athletic; Orthotics
Subsegments:
1) By Full Length: Cushioned Full Length Insoles; Arch Support Full Length Insoles; Gel Full Length Insoles
2) By Three-Fourth Length: Cushioned Three-Fourth Length Insoles; Arch Support Three-Fourth Length Insoles; Gel Three-Fourth Length Insoles
3) By Heel Cup: Standard Heel Cup Insoles; Gel Heel Cup Insoles; Orthotic Heel Cup Insoles
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Which Geographic Area Leads the Shoe Insoles Market?
Asia-Pacific was the largest region in the shoe insoles market in 2024. The regions covered in the shoe insoles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Shoe Insoles Global Market Report?
- Market Size Analysis: Analyze the shoe insoles Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the shoe insoles Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall shoe insoles market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the shoe insoles market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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