Footwear Sole Material Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

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

Men
Women
Kids

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

Product Code: PMRREP14764

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