Shoe Insoles Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2031
Shoe insoles market is anticipated to grow at a
significant CAGR of 4.9% during the forecast period. The rising prevalence of
sports-related injuries such as muscle tear and joint dislocation among
athletes is growing the demand for shoe insoles across the globe during the
forecast period. According to the Johns Hopkins University (Homewood Student
Organization), in the US around 30 million children and teens participate in
some form of organized sports, and more than 3.5 million injuries happen each
year. Almost one-third of all injuries incurred in childhood are sports-related
injuries. By far, the most common injuries are sprains and strains. Further,
almost 215,000 children aged between 5-14 years were treated in hospital
emergency rooms for football-related injuries. Hence, these increasing
sports-related injuries are boosting the demand for shoe insoles during the
forecast period as these shoe insoles can support relieving any strain or
sprain felt during sports activity.
The global shoe insoles market is segmented based
on application, material, and end-user. Based on application, the market is
segmented into casual, athletic, and orthotics. Based on material, the market
is sub-segmented into foam, gel, and rubber. Based on end-user the market is
anticipated into men and women. Among the end-user, the women segment is
anticipated to grow at a substantial CAGR over the forecast period, due to the
growing female working population and increasing female participation in sports
activities. On contrary, the men's sub-segment is expected to hold a prominent
share of the market. According to International Labour Organization (ILO), in
2022, the current global labor force participation rate is around 47% and
72% for women and men, respectively.
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- Market Coverage
- Market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By
Applications
- Competitive Landscape- Archer Daniels Midland Co.,
Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Shoe Insoles Market Report Segment
By Application
- Casual.
- Athletic
- Orthotics
By Material
- Foam
- Gel
- Rubber
By End-User
- Men
- Women
A full report of Shoe Insoles Market available @ https://www.omrglobal.com/industry-reports/shoe-insoles-market
Shoe Insoles Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
·
Aline Systems, Inc.
·
Net Distribution Services Pvt. Ltd.
·
Aetrex Worldwide, Inc.
·
Arneplant, S.L.
·
Atlantic Footcare, Inc.
·
Currex LLC
·
Digitsole
·
Faes Farma S.A.
·
Footbalance System Ltd.
·
Implus Footcare, LLC
·
Ottobock SE & Co KGaA
·
Solo Laboratories, Inc.
·
Sorbothane, Inc
·
Spenco Medical Corp
·
Superfeet Worldwide, LLC
·
Texon International Group Ltd.
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