Product Code: PMRREP14764
Persistence Market Research has recently released a comprehensive report on the worldwide market for footwear sole materials. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.
Key Insights:
- Footwear Sole Material Market Size (2024E): USD 16,776.14 Million
- Projected Market Value (2033F): USD 24,504.80 Million
- Global Market Growth Rate (CAGR 2024 to 2033):4.3%
Footwear Sole Material Market - Report Scope:
Footwear sole materials are essential components in the manufacturing of shoes, significantly impacting comfort, durability, and style. The market for footwear sole materials caters to various types of footwear, including casual shoes, athletic footwear, formal shoes, and specialty shoes. Major materials used include rubber, polyurethane (PU), ethylene-vinyl acetate (EVA), thermoplastic rubber (TPR), and leather. The growth of this market is driven by the increasing demand for premium and high-performance footwear across diverse consumer segments. Innovations in sole materials, aimed at enhancing comfort and performance, are also boosting market expansion.
Market Growth Drivers:
The global footwear sole material market is propelled by several key factors, including the growing demand for lightweight and durable sole materials in the production of athletic and casual footwear. The rising popularity of athleisure trends and the increasing focus on comfort and functionality in footwear design are further driving market growth. Technological advancements, such as the development of eco-friendly and sustainable sole materials, are also contributing to market expansion. Additionally, the growing e-commerce penetration and the shift towards online retail platforms are expanding the reach of premium footwear, boosting demand for innovative sole materials.
Market Restraints:
Despite promising growth prospects, the footwear sole material market faces challenges related to fluctuating raw material prices and environmental concerns associated with the production of synthetic materials. The increasing focus on sustainability and the rising demand for biodegradable and recyclable materials pose challenges for manufacturers relying on conventional synthetic materials. Moreover, the stringent regulations surrounding the use of certain chemicals in footwear production, particularly in developed regions, create compliance challenges for manufacturers. Addressing these regulatory and environmental concerns will require innovation in material science and sustainable manufacturing practices.
Market Opportunities:
The footwear sole material market presents significant growth opportunities driven by advancements in material technology, increasing consumer demand for eco-friendly products, and the rise of customized footwear. The development of 3D printing technologies for footwear production and the growing trend of personalized footwear designs are opening new avenues for market players. Additionally, the expansion of the premium footwear segment and the growing demand for orthopedic footwear are driving innovation in sole materials that offer enhanced comfort and support. Strategic partnerships and investments in research and development will be key to capitalizing on these emerging opportunities and maintaining a competitive edge in the dynamic footwear industry.
Key Questions Answered in the Report:
- What are the primary factors driving the growth of the footwear sole material market globally?
- Which material types and applications are influencing footwear sole material adoption across different footwear segments?
- How are technological advancements reshaping the competitive landscape of the footwear sole material market?
- Who are the key players contributing to the footwear sole material market, and what strategies are they employing to maintain market relevance?
- What are the emerging trends and future prospects in the global footwear sole material market?
Competitive Intelligence and Business Strategy:
Leading players in the global footwear sole material market, including BASF SE, Dow Chemical Company, and Huntsman Corporation, focus on product innovation, sustainability, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced sole materials, such as lightweight foams and recycled rubber, catering to diverse consumer preferences and environmental standards. Collaborations with footwear manufacturers, retailers, and sustainability-focused organizations facilitate market access and promote the adoption of eco-friendly materials. Moreover, emphasis on performance testing, ergonomic design, and consumer education fosters market growth and enhances product differentiation in the competitive footwear landscape.
Key Companies Profiled:
- BASF SE
- Dow Chemical Company
- Huntsman Corporation
- Covestro AG
- Solvay S.A.
- Evonik Industries AG
- DuPont de Nemours, Inc.
- Arkema S.A.
- Lanxess AG
- Asahi Kasei Corporation
Key Segments Covered in Footwear Sole Material Market Research
By Distribution Channel
- Shoe Stores
- Retail Stores
- Super Markets
- Online
By Gender
By Product
- Athletic Footwear Sole Material
- Non-athletic Footwear Sole Material
By Material
- Plastic Footwear Soles
- Rubber Footwear Soles
- Leather Footwear Soles
By Component
- In Sole
- Mid Sole
- Out Sole
- Unit Sole
By Region
- North America
- South Asia Pacific
- East Asia
- Europe
- Latin America
- Middle East and Africa
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Technology Roadmap
- 1.5. Analysis and Recommendations
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
3. Key Market Trends
- 3.1. Key Trends Impacting the Market
4. Key Success Factors
- 4.1. Strategic Promotional Strategies
5. Global Market Demand Analysis 2019-2023 and Forecast, 2024-2033
- 5.1. Historical Market Volume (Tons) Analysis, 2019-2023
- 5.2. Current and Future Market Volume (Tons) Projections, 2024-2033
- 5.3. Y-o-Y Growth Trend Analysis
6. Global Market - Pricing Analysis
- 6.1. Global Average Pricing Analysis Benchmark
7. Global Market Demand (in Value or Form in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033
- 7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
- 7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis
8. Market Background
- 8.1. Macro-Economic Factors
- 8.1.1. Global Economic Overview
- 8.1.2. Population Growth of Key Countries
- 8.1.3. GDP Growth Outlook
- 8.2. Forecast Factors - Relevance & Impact
- 8.2.1. Population Growth
- 8.2.2. Enhanced R&D Spending
- 8.2.3. Ecological
- 8.2.4. COVID-19 Impact
- 8.2.5. Acquisitions by Leading Players
- 8.2.6. Increase in Focus on Physical Activities
- 8.3. Impact of COVID - 19 Crisis
- 8.3.1. Impact on Current Statistics
- 8.3.2. Short-Mid-Long Term Impact Assessment
- 8.3.3. Likely Recovery
- 8.4. Value Chain
- 8.5. Porters Analysis
- 8.6. Market Dynamics
- 8.6.1. Drivers
- 8.6.2. Restraints
- 8.6.3. Opportunity Analysis
9. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Component
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Form (US$ Mn) and Volume Analysis By Material Component, 2019-2023
- 9.3. Current and Future Market Form (US$ Mn) and Volume Analysis and Forecast By Component, 2024-2033
- 9.3.1. In Sole
- 9.3.2. Mid Sole
- 9.3.3. Out Sole
- 9.3.4. Unit Sole
- 9.4. Market Attractiveness Analysis By Component
10. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Material Type
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Form (US$ Mn) and Volume Analysis By Material Type, 2019-2023
- 10.3. Current and Future Market Form (US$ Mn) and Volume Analysis and Forecast By Material Type, 2024-2033
- 10.3.1. Plastic
- 10.3.2. Rubber
- 10.3.3. Leather
- 10.3.4. Other Materials
- 10.4. Market Attractiveness Analysis By Material Type
11. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Gender Type
- 11.1. Introduction / Key Findings
- 11.2. Historical Market Form (US$ Mn) and Volume Analysis By Gender Type, 2019-2023
- 11.3. Current and Future Market Form (US$ Mn) and Volume Analysis and Forecast By Gender Type, 2024-2033
- 11.3.1. Men
- 11.3.2. Women
- 11.3.3. Kids
- 11.4. Market Attractiveness Analysis By Gender Type
12. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Distribution Channel
- 12.1. Introduction / Key Findings
- 12.2. Historical Market Form (US$ Mn) and Volume Analysis By Distribution Channel, 2019-2023
- 12.3. Current and Future Market Form (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2024-2033
- 12.3.1. Shoe Stores
- 12.3.2. Retail Stores
- 12.3.3. Retail Market
- 12.3.4. Online
- 12.4. Market Attractiveness Analysis By Distribution Channel
13. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Product Type
- 13.1. Introduction / Key Findings
- 13.2. Historical Market Form (US$ Mn) and Volume Analysis By Product Type, 2019-2023
- 13.3. Current and Future Market Form (US$ Mn) and Volume Analysis and Forecast By Product Type, 2024-2033
- 13.3.1. Athletic
- 13.3.1.1. Running Shoes
- 13.3.1.2. Soccer Shoes
- 13.3.1.3. Basketball Shoes
- 13.3.1.4. Tennis Shoes
- 13.3.1.5. Others
- 13.3.2. Non-Athletic
- 13.3.2.1. Casual Footwear
- 13.3.2.2. Fashion Footwear
- 13.3.2.3. Military Boots
- 13.3.2.4. Others
- 13.4. Market Attractiveness Analysis By Product Type
14. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Material
- 14.1. Introduction / Key Findings
- 14.2. Historical Market Form (US$ Mn) and Volume Analysis By Material By Component, 2019-2023
- 14.3. Current and Future Market Form (US$ Mn) and Volume Analysis and Forecast By Material By Component, 2024-2033
- 14.3.1. Leather Sole By Component
- 14.3.1.1. In Sole
- 14.3.1.2. Mid Sole
- 14.3.1.3. Out Sole
- 14.3.1.4. Unit Sole
- 14.3.2. Rubber Sole By Component
- 14.3.2.1. In Sole
- 14.3.2.2. Mid Sole
- 14.3.2.3. Out Sole
- 14.3.2.4. Unit Sole
- 14.3.3. Plastic Sole By Component
- 14.3.3.1. In Sole
- 14.3.3.2. Mid Sole
- 14.3.3.3. Out Sole
- 14.3.3.4. Unit Sole
- 14.3.4. Other Sole Material By Component
- 14.3.4.1. In Sole
- 14.3.4.2. Mid Sole
- 14.3.4.3. Out Sole
- 14.3.4.4. Unit Sole
- 14.4. Market Attractiveness Analysis By Material By Component
15. Global Market Analysis 2019-2023 and Forecast 2024-2033, by Region
- 15.1. Introduction
- 15.2. Historical Market Form (US$ Mn) and Volume Analysis By Region, 2019-2023
- 15.3. Current Market Form (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2033
- 15.3.1. North America
- 15.3.2. Latin America
- 15.3.3. Europe
- 15.3.4. South Asia Pacific
- 15.3.5. East Asia
- 15.3.6. Middle East & Africa
- 15.4. Market Attractiveness Analysis By Region
16. North America Market Analysis 2019-2023 and Forecast 2024-2033
- 16.1. Introduction
- 16.2. Pricing Analysis
- 16.3. Historical Market Form (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 16.4. Market Form (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 16.4.1. By Country
- 16.4.1.1. U.S.
- 16.4.1.2. Canada
- 16.4.2. By Component
- 16.4.3. By Material Type
- 16.4.4. By Gender Type
- 16.4.5. By Distribution Channel
- 16.4.6. By Product Type
- 16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Component
- 16.5.3. By Material Type
- 16.5.4. By Gender Type
- 16.5.5. By Distribution Channel
- 16.5.6. By Product Type
17. Latin America Market Analysis 2019-2023 and Forecast 2024-2033
- 17.1. Introduction
- 17.2. Pricing Analysis
- 17.3. Historical Market Form (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 17.4. Market Form (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 17.4.1. By Country
- 17.4.1.1. Brazil
- 17.4.1.2. Mexico
- 17.4.1.3. Rest of Latin America
- 17.4.2. By Component
- 17.4.3. By Material Type
- 17.4.4. By Gender Type
- 17.4.5. By Distribution Channel
- 17.4.6. By Product Type
- 17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By Component
- 17.5.3. By Material Type
- 17.5.4. By Gender Type
- 17.5.5. By Distribution Channel
- 17.5.6. By Product Type
18. Europe Market Analysis 2019-2023 and Forecast 2024-2033
- 18.1. Introduction
- 18.2. Pricing Analysis
- 18.3. Historical Market Form (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 18.4. Market Form (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 18.4.1. By Country
- 18.4.1.1. EU5
- 18.4.1.2. Russia
- 18.4.1.3. Rest of Europe
- 18.4.2. By Component
- 18.4.3. By Material Type
- 18.4.4. By Gender Type
- 18.4.5. By Distribution Channel
- 18.4.6. By Product Type
- 18.5. Market Attractiveness Analysis
- 18.5.1. By Country
- 18.5.2. By Component
- 18.5.3. By Material Type
- 18.5.4. By Gender Type
- 18.5.5. By Distribution Channel
- 18.5.6. By Product Type
19. South Asia and Pacific Market Analysis 2019-2023 and Forecast 2024-2033
- 19.1. Introduction
- 19.2. Pricing Analysis
- 19.3. Historical Market Form (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 19.4. Market Form (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 19.4.1. By Country
- 19.4.1.1. India
- 19.4.1.2. ASEAN
- 19.4.1.3. ANZ
- 19.4.1.4. Rest of South Asia and Pacific
- 19.4.2. By Component
- 19.4.3. By Material Type
- 19.4.4. By Gender Type
- 19.4.5. By Distribution Channel
- 19.4.6. By Product Type
- 19.5. Market Attractiveness Analysis
- 19.5.1. By Country
- 19.5.2. By Component
- 19.5.3. By Material Type
- 19.5.4. By Gender Type
- 19.5.5. By Distribution Channel
- 19.5.6. By Product Type
20. East Asia Market Analysis 2019-2023 and Forecast 2024-2033
- 20.1. Introduction
- 20.2. Pricing Analysis
- 20.3. Historical Market Form (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 20.4. Market Form (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 20.4.1. By Country
- 20.4.1.1. China
- 20.4.1.2. Japan
- 20.4.1.3. South Korea
- 20.4.2. By Component
- 20.4.3. By Material Type
- 20.4.4. By Gender Type
- 20.4.5. By Distribution Channel
- 20.4.6. By Product Type
- 20.5. Market Attractiveness Analysis
- 20.5.1. By Country
- 20.5.2. By Component
- 20.5.3. By Material Type
- 20.5.4. By Gender Type
- 20.5.5. By Distribution Channel
- 20.5.6. By Product Type
21. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2033
- 21.1. Introduction
- 21.2. Pricing Analysis
- 21.3. Historical Market Form (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
- 21.4. Market Form (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
- 21.4.1. By Country
- 21.4.1.1. GCC Countries
- 21.4.1.2. South Africa
- 21.4.1.3. Rest of Middle East and Africa
- 21.4.2. By Component
- 21.4.3. By Material Type
- 21.4.4. By Gender Type
- 21.4.5. By Distribution Channel
- 21.4.6. By Product Type
- 21.5. Market Attractiveness Analysis
- 21.5.1. By Country
- 21.5.2. By Component
- 21.5.3. By Material Type
- 21.5.4. By Gender Type
- 21.5.5. By Distribution Channel
- 21.5.6. By Product Type
22. Country-Wise Market Overview
- 22.1. U.S. Market Analysis
- 22.1.1. By Component
- 22.1.2. By Material Type
- 22.1.3. By Gender Type
- 22.1.4. By Distribution Channel
- 22.1.5. By Product Type
- 22.2. Canada Market Analysis
- 22.2.1. By Component
- 22.2.2. By Material Type
- 22.2.3. By Gender Type
- 22.2.4. By Distribution Channel
- 22.2.5. By Product Type
- 22.3. EU Market Analysis
- 22.3.1. By Component
- 22.3.2. By Material Type
- 22.3.3. By Gender Type
- 22.3.4. By Distribution Channel
- 22.3.5. By Product Type
- 22.4. Russia Market Analysis
- 22.4.1. By Component
- 22.4.2. By Material Type
- 22.4.3. By Gender Type
- 22.4.4. By Distribution Channel
- 22.4.5. By Product Type
- 22.5. Brazil Market Analysis
- 22.5.1. By Component
- 22.5.2. By Material Type
- 22.5.3. By Gender Type
- 22.5.4. By Distribution Channel
- 22.5.5. By Product Type
- 22.6. Mexico Market Analysis
- 22.6.1. By Component
- 22.6.2. By Material Type
- 22.6.3. By Gender Type
- 22.6.4. By Distribution Channel
- 22.6.5. By Product Type
- 22.7. India Market Analysis
- 22.7.1. By Component
- 22.7.2. By Material Type
- 22.7.3. By Gender Type
- 22.7.4. By Distribution Channel
- 22.7.5. By Product Type
- 22.8. ASEAN Market Analysis
- 22.8.1. By Component
- 22.8.2. By Material Type
- 22.8.3. By Gender Type
- 22.8.4. By Distribution Channel
- 22.8.5. By Product Type
- 22.9. ANZ Market Analysis
- 22.9.1. By Component
- 22.9.2. By Material Type
- 22.9.3. By Gender Type
- 22.9.4. By Distribution Channel
- 22.9.5. By Product Type
- 22.10. China Market Analysis
- 22.10.1. By Component
- 22.10.2. By Material Type
- 22.10.3. By Gender Type
- 22.10.4. By Distribution Channel
- 22.10.5. By Product Type
- 22.11. Japan Market Analysis
- 22.11.1. By Component
- 22.11.2. By Material Type
- 22.11.3. By Gender Type
- 22.11.4. By Distribution Channel
- 22.11.5. By Product Type
- 22.12. South Korea Market Analysis
- 22.12.1. By Component
- 22.12.2. By Material Type
- 22.12.3. By Gender Type
- 22.12.4. By Distribution Channel
- 22.12.5. By Product Type
- 22.13. GCC Countries Market Analysis
- 22.13.1. By Component
- 22.13.2. By Material Type
- 22.13.3. By Gender Type
- 22.13.4. By Distribution Channel
- 22.13.5. By Product Type
- 22.14. South Africa Market Analysis
- 22.14.1. By Component
- 22.14.2. By Material Type
- 22.14.3. By Gender Type
- 22.14.4. By Distribution Channel
- 22.14.5. By Product Type
23. Market Structure Analysis
- 23.1. Market Analysis by Tier of Companies
- 23.2. Market Share Analysis of Top Players
- 23.2.1. Market Presence Analysis
- 23.2.1.1. By Regional footprint of Players
- 23.2.1.2. Product Component foot print by Players
24. Competition Analysis
- 24.1. Competition Dashboard
- 24.2. Competition Benchmarking
- 24.3. Competition Deep Dive
- 24.3.1. Nike Inc.
- 24.3.1.1. Overview
- 24.3.1.2. Product Portfolio
- 24.3.1.3. Key Financials
- 24.3.1.4. Recent Developments
- 24.3.1.5. Strategy Overview
- 24.3.2. Adidas AG
- 24.3.2.1. Overview
- 24.3.2.2. Product Portfolio
- 24.3.2.3. Key Financials
- 24.3.2.4. Recent Developments
- 24.3.2.5. Strategy Overview
- 24.3.3. Bata Limited
- 24.3.3.1. Overview
- 24.3.3.2. Product Portfolio
- 24.3.3.3. Key Financials
- 24.3.3.4. Recent Developments
- 24.3.3.5. Strategy Overview
- 24.3.4. Puma SE
- 24.3.4.1. Overview
- 24.3.4.2. Product Portfolio
- 24.3.4.3. Key Financials
- 24.3.4.4. Recent Developments
- 24.3.4.5. Strategy Overview
- 24.3.5. Columbia Sportswear Company
- 24.3.5.1. Overview
- 24.3.5.2. Product Portfolio
- 24.3.5.3. Key Financials
- 24.3.5.4. Recent Developments
- 24.3.5.5. Strategy Overview
- 24.3.6. The Dow Chemical Company
- 24.3.6.1. Overview
- 24.3.6.2. Product Portfolio
- 24.3.6.3. Key Financials
- 24.3.6.4. Recent Developments
- 24.3.6.5. Strategy Overview
- 24.3.7. Hunstman Corporation
- 24.3.7.1. Overview
- 24.3.7.2. Product Portfolio
- 24.3.7.3. Key Financials
- 24.3.7.4. Recent Developments
- 24.3.7.5. Strategy Overview
- 24.3.8. BASF SE
- 24.3.8.1. Overview
- 24.3.8.2. Product Portfolio
- 24.3.8.3. Key Financials
- 24.3.8.4. Recent Developments
- 24.3.8.5. Strategy Overview
- 24.3.9. Others
- 24.3.9.1. Overview
- 24.3.9.2. Product Portfolio
- 24.3.9.3. Key Financials
- 24.3.9.4. Recent Developments
- 24.3.9.5. Strategy Overview
25. Assumptions and Acronyms Used
26. Research Methodology