The North America Shoe Insoles Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 74,739.9 thousand units, showcasing a growth of 4.4% (2019-2022).
Shoe insoles, also known as footbeds or inserts, are removable pieces of material that are placed inside shoes to provide additional support, cushioning, or comfort. They serve various functions and are designed to address specific foot-related issues or enhance the overall comfort of footwear. These serve a wide range of purposes, from providing arch support and cushioning to addressing specific foot conditions and enhancing the overall comfort of footwear. The choice of insole depends on individual needs, foot-related issues, and the type of shoes in which they will be used.
The market has been rapidly growing due to the rise in athletic and sporting events. This has increased customer demand for personalized insoles that enhance performance and comfort while lowering the risk of injury. Diabetes prevalence is predicted to increase, raising demand for diabetic-friendly shoe insoles. With the ease of online purchasing, consumers access a variety of alternatives to suit their needs and interests as they search for insoles that provide both support and style.
In the US, comfort is a priority for many consumers, extending to casual footwear. People often wear casual shoes for extended periods during daily activities and look for insoles that enhance comfort. The aging population in the US has contributed to the demand for casual insoles. Older individuals require additional support and cushioning to alleviate discomfort associated with aging or foot-related conditions. Many Americans lead active lifestyles, including walking, hiking, and other recreational activities. Due to the various factors, the market will increase significantly in the North America region.
The US market dominated the North America Shoe Insoles Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,600.5 million by 2030. The Canada market is experiencing a CAGR of 6.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.7% during (2023 - 2030).
Based on End-use, the market is segmented into Women, and Men. Based on Application, the market is segmented into Orthotics, Athletic, and Casual. Based on Price, the market is segmented into Economy, Medium, and Premium. Based on Material, the market is segmented into Foam, Rubber, Gel, Plastic, Carbon Fiber, Polyurethane, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Shoe Insoles Market is Predict to reach USD 8 Billion by 2030, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Foot Science International Ltd, Stable Step, LLC, SOLO Laboratories, Inc., Spenco (Implus Footcare, LLC), Texon International Group Limited (Coats Group plc), Footbalance System Oy, Currex LLC, Sidas S.A.S, Bauerfeind AG, and Superfeet Worldwide, LLC (Westward Partners LLC)
By End-use (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Application (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Price (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Material (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Country (Volume, Thousand Unit, USD Million, 2019-2030)
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
