According to a new report, published by KBV research, The Global Shoe Insoles Market size is expected to reach $8 billion by 2030, rising at a market growth of 4.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,16,593.9 thousand units, experiencing a growth of 4.8% (2019-2022).
The Women segment is generating highest revenue in the Global Shoe Insoles Market by End-use in 2022; thereby, achieving a market value of $4.5 billion by 2030. Their active lifestyles, fashion-conscious preferences, and rising demand for customization options have contributed to their increasing popularity. Additionally, due to the ease of online purchasing, wellness trends, and custom insole solutions, the segment is increasing by their disproportionate presence.
The Casual segment is experiencing a CAGR of 5.7% during (2023 - 2030). A growing number of individuals opt for shoe orthotics for enhanced arch support. Insoles aid in foot support and stability, thereby minimizing pressure on the feet, ankles, knees, and back. As a result, consumers are opting for more comfortable casual shoe insoles. As a result of the prolonged use of high heels and other fashionable footwear by many women, insoles have become widely utilized for enhanced comfort and cushioning.
The Economy segment is registering maximum revenue in the Global Shoe Insoles Market by Price in 2022; thereby, achieving a market value of $3.8 billion by 2030. These inexpensive insoles are designed for shoppers on a budget and those seeking basic foot support without needing premium features. Manufacturers profit from economies of scale through mass production, which enables them to maintain low costs and provide competitive prices.
The Gel segment would exhibit a CAGR of 5.1% during (2023 - 2030). Gel insoles are known for their excellent cushioning properties. They help distribute pressure evenly across the foot, reducing discomfort and fatigue during prolonged periods of standing or walking. Gel insoles absorb shock, making them a preferred choice for athletes and individuals engaged in high-impact activities. They help reduce the risk of injuries and relieve joint or heel pain. Gel insoles are suitable for various types of footwear, including athletic shoes, work boots, casual shoes, and even high heels.
The Asia Pacific region is generating the highest revenue in the Global Shoe Insoles Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.2 billion by 2030. The Europe region would witness a CAGR of 4.5% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 4.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/shoe-insoles-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Thousand Units, USD Billion, 2019 to 2030)
Companies Profiled
Unique Offerings 
