Shoe insoles market is anticipated to grow at a significant CAGR of 4.9% during the forecast period. The rising prevalence of sports-related injuries such as muscle tear and joint dislocation among athletes is growing the demand for shoe insoles across the globe during the forecast period. According to the Johns Hopkins University (Homewood Student Organization), in the US around 30 million children and teens participate in some form of organized sports, and more than 3.5 million injuries happen each year. Almost one-third of all injuries incurred in childhood are sports-related injuries. By far, the most common injuries are sprains and strains. Further, almost 215,000 children aged between 5-14 years were treated in hospital emergency rooms for football-related injuries. Hence, these increasing sports-related injuries are boosting the demand for shoe insoles during the forecast period as these shoe insoles can support relieving any strain or sprain felt during sports activity.
The global shoe insoles market is segmented based on application, material, and end-user. Based on application, the market is segmented into casual, athletic, and orthotics. Based on material, the market is sub-segmented into foam, gel, and rubber. Based on end-user the market is anticipated into men and women. Among the end-user, the women segment is anticipated to grow at a substantial CAGR over the forecast period, due to the growing female working population and increasing female participation in sports activities. On contrary, the men's sub-segment is expected to hold a prominent share of the market. According to International Labour Organization (ILO), in 2022, the current global labor force participation rate is around 47% and 72% for women and men, respectively.
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- Market Coverage
- Market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Shoe Insoles Market Report Segment
By Application
- Casual.
- Athletic
- Orthotics
By Material
- Foam
- Gel
- Rubber
By End-User
- Men
- Women
A full report of Shoe Insoles Market available @ https://www.omrglobal.com/industry-reports/shoe-insoles-market
Shoe Insoles Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Aline Systems, Inc.
- Net Distribution Services Pvt. Ltd.
- Aetrex Worldwide, Inc.
- Arneplant, S.L.
- Atlantic Footcare, Inc.
- Currex LLC
- Digitsole
- Faes Farma S.A.
- Footbalance System Ltd.
- Implus Footcare, LLC
- Ottobock SE & Co KGaA
- Solo Laboratories, Inc.
- Sorbothane, Inc
- Spenco Medical Corp
- Superfeet Worldwide, LLC
- Texon International Group Ltd.
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- 1. We cover more than 15 major industries, further segmented into more than 90 sectors.
- 2. More than 120 countries are for analysis.
- 3. Over 100+ paid data sources mined for investigation.
- 4. Our expert research analysts answer all your questions before and after purchasing your report.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Contact Person: Mr. Anurag Tiwari
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Article source: https://article-realm.com/article/Business/58305-Shoe-Insoles-Market-to-Signify-Strong-Growth-by-2024-2031.html
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