PUBLISHER: Lucintel | PRODUCT CODE: 1153877
PUBLISHER: Lucintel | PRODUCT CODE: 1153877
Footwear Sole Material Market Trends and Forecast
The future of the global footwear sole material market looks promising with opportunities in athletic and non-athletic shoes. The global footwear sole material market is expected to reach an estimated $21.06 billion by 2027 with a CAGR of 4.5% from 2021 to 2027. The major growth driver in this market is rise in footwear production and growth in consumer spending.
Emerging Trends in the Footwear Sole Material Market
Emerging trends, which have a direct impact on the dynamics of the footwear sole material industry, include the development of fusion of plastic with other sole materials, and shifting of footwear manufacturers from China to South East Asia.
A total of 179 figures / charts and 162 tables are provided in this 255-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the footwear sole material market report.
Footwear Sole Material Market by Segment
By Material [Value ($B) and Volume (M lbs.) shipment analysis for 2016 - 2027]:
By Sole Component [Value ($B) and Volume (M lbs.) shipment analysis for 2016 - 2027]:
By Product [Value ($B) and Volume (M lbs.) shipment analysis for 2016 - 2027]:
By End User [Value ($B) and Volume (M lbs.) shipment analysis for 2016 - 2027]:
By Region [Value ($B) and Volume (M lbs.) shipment analysis for 2016 - 2027]:
List of Footwear Sole Material Market Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies footwear sole material market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the footwear sole material market companies profiled in this report include.
Footwear Sole Material Market Insight
Features of Footwear Sole Material Market
FAQ
Q1. What is the Footwear Sole Material market size?
Answer: The global footwear sole material market is expected to reach an estimated $21.0 billion by 2027
Q2. What is the growth forecast for Footwear Sole Material Market?
Answer: The footwear sole material market is expected to grow at a CAGR of 4.5% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the Footwear Sole Material Market?
Answer: The major growth driver in this market is rise in footwear production and growth in consumer spending.
Q4. What are the major applications or end use industries for Footwear Sole Material Market?
Answer: Men, women and children are the major end users for footwear sole material market.
Q5. What are the emerging trends in Footwear Sole Material Market?
Answer: Emerging trends, which have a direct impact on the dynamics of the footwear sole material industry, include the development of fusion of plastic with other sole materials, and shifting of footwear manufacturers from China to South East Asia.
Q6. Who are the key Footwear Sole Material Market companies?
Answer: Some of the key footwear sole material market companies are as follows:
Q7. Which Footwear Sole Material Market product segment will be the largest in future?
Answer: Lucintel forecasts that foam type footwear sole material Market will remain the largest segment and it is expected to witness the highest growth over the forecast period due to its better cleansing and moisturizing properties
Q8. In Footwear Sole Material Market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.