Shoe Insoles Market Size, Share & Trends Analysis Report By Application (Casual, Athletic, Orthotics), By Material (Foam, Gel, Rubber), By End-user (Men, Women), By Region, And Segment Forecasts, 2022 - 2030

Report Overview

The global shoe insoles market size was valued at USD 5.38 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030. Increasing demand for cost-effective and non-invasive foot treatment is anticipated to boost the sales of shoe insoles. Rising prevalence of sports-related injuries such as muscle tear and joint dislocation among athletes will continue to surge the sales of shoe insoles. Moreover, the growth of thefootwearsector resulted in an increase in the usage of shoe insoles. Furthermore, the increasing preference of the global population for fashionable footwear is assisting in the growth of the market.

Shoe insoles include a large variety of athletic, casual, and orthotic products consisting of various styles and are available for all occasions. People who are working all day on their feet require some extra support in their shoes. Moreover, there is a wide range of therapeutic insoles available in the market, which can be purchased over the counter or can be customized according to the requirements. The general intention of shoe insoles is to reduce the pain due to standing and walking around. Most professions need people to be on their feet for a longer period of time, taking extra weight or walking. A good quality shoe insole lets go of the problems by providing an extra softness that reduces the impact these jobs have on a person’s feet, hence reducing discomfort.

The molded or 3D shoe insoles under the foot area increase the arch support and provide extra comfort. Moreover, during physical activities, the cushion helps in reducing and preventing joint or muscle pain in the feet. Moreover, the foam material provides extra cushioning to the feet at every step a person takes. It bounces back after every step, which is why it is highly used by people who walk and stand for a long time. Footwear interventions such as shoe insoles or foot orthoses are becoming increasingly popular among the population as a low-priced, simple, and non-invasive intervention may help in preventing lower limb overuse injuries, relieving pain, and retaining skin integrity of the feet.

The COVID-19 pandemic negatively impacted the overall market. The market faced a shortage of materials during the global lockdown, which prolonged for a longer period of time. Hence, as a result, the shoe insoles supply declined. In addition, the continuous lockdown created less demand for footwear products among people as they were isolated in their homes for a longer time period. However, it is expected that the market is going to witness demand due to the growing trend of fashionable footwear among the women population and sportspersons across the globe.

With the growing technology across every industry, shoe insole manufacturers are also coming up with advanced materials to provide extra support and comfort to their customers. The manufacturers are using high-quality rubber to increase the shelf life of the soles, which is creating great opportunities to remain competitive in the long run. Hence, many key players are offering carbon insoles, which allow runners to experience the sensation of propulsion without buying additional racing-specific shoes, thus propelling the market growth over the forecast period.

然而,治疗鞋insol那样受欢迎es among the population is acting as a restraining factor for the market growth. Moreover, the high cost associated with the customization of shoe insoles according to personal needs is limiting the overall market growth. Moreover, the shoe insoles available in the market are designed according to general sizes and applications. Hence, customers sometimes choose the wrong size, which may become painful and discomforting for the whole day, thus restraining the application of shoe insoles among customers.

Application Insights

In 2021, orthotics dominated the global market with a share of over 60.0%. Rising awareness among consumers regarding the effects of custom orthotics is fueling the segment growth. Custom orthotics provide extra cushioning and support and redistribute the pressure the feet face on a regular basis. Orthotics insoles are very helpful if people have arthritis or they stand up for long hours during a workday. Orthotics insoles are also highly used because they help in preventing pressure ulcers and other foot abnormalities associated with diabetes, thus accelerating the segment growth in the long run.

The casual segment is anticipated to expand at the fastest CAGR of 5.0% over the forecast period. Increasing awareness, rising working population, and changing lifestyles are impacting the foot, which carries the whole weight of a person. Hence, people are more conscious to use casual shoe insoles for better comfort. Moreover, the women wear high heels and fashionable footwear for a long time, which needs extra comfort and cushioning for their feet, which, in turn, will drive the demand for casual insoles among the population.

The athletic application segment is expected to grow owing to the rising number of sportspersons across the globe. Moreover, the women population is participating in athletic activities, which is further contributing to the demand for athletic shoe insoles. In addition, the hard materials used for making athletic shoe insoles can be used for a longer period of time, thereby providing extra comfort to the players for the whole day. Therefore, these factors are expected to contribute to the growth of the athletic segment during the forecast period.

End-user Insights

In 2021, the women segment dominated the global market with a revenue share of over 50.0%. The demand for shoe insoles is high in the women segment due to the growing trend of wearing high heels and fashionable footwear for a longer period. Moreover, the growing participation in sports activities and rising female working population across the globe are increasing the demand for shoe insoles.

The men segment is anticipated to expand at the fastest CAGR of 4.8% during the forecast period due to the rising number of sportspersons across the globe. The athletic and casual shoe insoles are being highly used by the men population as they provide comfort and cushioning to their shoes for the whole day. Moreover, some professions require employees to work by standing the whole day, which is further encouraging the demand for shoe insoles among men to work comfortably and without pain, thereby fueling market growth.

Material Insights

In 2021, foam dominated the global market with a revenue share of over 45.0%. Foam insoles are prepared with high-density polyurethane, which is commonly used in mattresses and sofas. The foam insoles are highly used by people as it is made for offering extra support and excellent pressure relief. Moreover, the chemical present in foam acts as a medical treatment for feet, and the density provides bounce and comfort in the shoes. These factors are expected to make foam a dominant material in the market.

Rubber is expected to expand at a CAGR of 4.0% during the forecast period. Rubber is highly used for making casual shoe insoles. Rubber soles are slip-resistant, offer a better grip on treacherous surfaces, and guard against exposure and burns to high temperatures. Such benefits are expected to raise the demand for rubber soles, hence accelerating the growth of the rubber segment.

Regional Insights

In 2021, Asia Pacific held the largest revenue share of over 45.0%. The changing lifestyles and growing busy schedules are uplifting the demand for shoe insoles among customers in this region. Moreover, the custom-made insoles are being highly used by the people in this region who are facing back pain, joint pain, and other related issues. Hence, these factors are surging the demand for shoe insoles in Asia Pacific, and the region is expected to maintain its lead during the forecast period.

Central and South America is expected to expand at the 2^ndfastest CAGR of 4.7% during the forecast period. The demand for shoe insoles is increasing among the working population in this region. Moreover, the rising population with back pain and joint pain is increasingly demanding customized orthotic shoe insoles in this region. In addition, demand for orthotics is high in this region as they are very helpful after knee, hip, or lower back surgeries.

Key Companies & Market Share Insights

Key players are increasingly investing in R&D for the integration of advanced materials in shoe insole to drive more revenue. There is a major competition among prominent players to keep up with the use of the latest materials for delivering quality and comfortable insoles to their customers. For instance, in November 2021, Spenco, the innovative healthcare company with a mission to help people everywhere by improving their foot health and improve their overall athletic performance, announced the launch of the two latest shoe insoles as part of their new performance series. The names are The Propel and Propel + Carbon. The new products are designed to boost the running shoes with the latest advancements in running technology. The products will be available both on their website and in retail channels nationwide. Some prominent players in the global shoe insoles market include:

• Bauerfeind AG

• Bayer Healthcare AG

• Foot Science International

• Peacock Medical Group

• Powerstep

• SOLO Laboratories, Inc.

• Spenco Medical Corporation

• Superfeet Worldwide, Inc.

• Texon International Group

• Footbalance System

Shoe Insoles MarketReport Scope

Report Attribute	Details
Market size value in 2022	USD 5.59 billion
Revenue forecast in 2030	USD 8.04 billion
Growth rate	CAGR of 4.6% from 2022 to 2030
Base year for estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030
Quantitative units	Revenue in USD million/billion and CAGR from 2022 to 2030
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered	Application, material, end-user, region
Regional scope	North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
Country scope	U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; China; India; Japan; Thailand; Indonesia; Brazil; South Africa
Key companies profiled	Bauerfeind AG; Bayer Healthcare AG; Foot Science International; Peacock Medical Group; Powerstep; SOLO Laboratories, Inc.; Spenco Medical Corporation; Superfeet Worldwide, Inc.; Texon International Group; Footbalance System
Customization scope	Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs.Explore purchase options

Global Shoe Insoles Market Segmentation

这份报告预测全球收入增长, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the global shoe insoles market report on the basis of application, material, end-user, and region:

• Application Outlook(Revenue, USD Million, 2017 - 2030)

  • Casual

  • Athletic

  • Orthotics

• Material Outlook(Revenue, USD Million, 2017 - 2030)

  • Foam

  • Gel

  • Rubber

• End-user Outlook(Revenue, USD Million, 2017 - 2030)

  • Men

  • Women

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • Thailand

    • Indonesia

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa