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Insoles Industry Is Projected To Garner Momentum at a Compound Annual Growth Rate of More Than 7% By 2033

The global insoles market expanded at a CAGR of 2.5% over the past 5 years, and is valued at US$ 34.4 Bn. By 2031-end, the market is anticipated to exceed US$ 70 Bn.

Growing demand for custom insoles is also expected to drive the market growth. Custom insoles are designed to provide comfort and support to your feet and adapt to your individual foot shape and size. Growing demand for custom insoles is attributable to growing awareness of the importance of foot health and increasing demand for comfortable footwear.

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Growing demand for orthopedic insoles is also expected to drive the market growth. Orthopedic insoles are designed to support and cushion the foot and are used to treat a variety of foot conditions such as plantar fasciitis, flat feet and heel pain. Increasing prevalence of foot-related diseases is expected to drive the demand for orthopedic insoles.

Market Trend

  1. Growing Demand for Custom Insoles: Growing awareness of the importance of foot health and comfort is driving the demand for custom insoles. Custom insoles are designed to provide better support and cushioning to your feet, helping to reduce pain and improve overall foot health.
  2. Growing Popularity of Orthotic Insoles: Orthotic insoles are becoming increasingly popular due to their ability to provide better support and cushioning to the feet. These insoles are designed to reduce pain and improve foot health.
  3. Growing Demand for Smart Insoles: Smart insoles are gaining popularity due to their ability to track and monitor foot health. These insoles are equipped with sensors that can track foot pressure, temperature and other metrics.
  4. Growing Demand for Eco-Friendly Insoles: Eco-friendly insoles are becoming more and more popular as they can reduce the environmental impact. These insoles are made from sustainable materials such as cork, bamboo and recycled rubber.

Competitive Landscape

Market participants are following a mix of organic and inorganic strategies to gain a position in this lucrative space. These strategies include product launches, collaborations with other players and suppliers, partnerships, acquisitions, and strengthening of our global supply chain network.

  • For example, Powerstep has launched a new orthotic recovery slider for both men and women with built-in arch support in an easy and secure slip-on style.
  • Wiivv has integrated with Volumental, an AI-powered shoe recommendation system, to create an omnichannel 3D shoe customization platform.
  • ComfortFit Labs worked with TOM-CAT Solutions to develop foot and ankle scanning technology. The technology is fully integrated with the hardware and software of the compact device. This new device is based on the iPad Air 2 and is easy to use.

Likewise, recent developments involving companies that manufacture insoles have been tracked by the Fact.MR team and can be found in the full report.

Eminent players

  • ARNEPLANT, SL
  • Farmer’s Enemy
  • Dongguan Jianhui Footwear Materials Co., Ltd.
  • Dongguan S-King Insole Limited
  • Dr. Sholes
  • Foot Science International
  • zipral srl
  • Guangzhou Sunyang SM Co., Ltd. (Linsole)
  • materialize
  • miami srl
  • apex
  • O2 Partners, LLC.
  • Peacocks Medical Group
  • podpo
  • correct insole
  • Prodway Group
  • protalus
  • Stable Steps, LLC
  • SUPERFEET WORLDWIDE, INC.
  • Implus Foot Care, LLC
  • sitting
  • autobook
  • Aetres worldwide
  • wintersteiger
  • Stable Step, LLC (Power Step)
  • Foot Balance System Co., Ltd.
  • ComfortFit Orthotic Labs, Inc.
  • euro leather
  • Profoot Inc.
  • Currex GmbH
  • weave

In-depth assessment of key sectors

 Type

  • prefabricated insoles
  • custom insoles
  • 3D printed insoles

 Materials

  • foam insoles
  • PU foam
  • memory foam
  • PE foam
  • etc
  • gel insoles
  • felt insoles
  • cork insole
  • leather insole
  • composite carbon fiber insoles
  • etc

 Application

  • plain insoles
  • sports insoles
  • therapy insole
  • industrial insoles
  • etc

 Length

  • full length insoles
  • 3/4 length insoles

 Consumer orientation

  • insoles for men
  • insoles for women
  • etc

 Sales channels

  • insole direct sales
  • insole sales
  • Insoles for sale in a shoe store
  • Insoles for sale in a supermarket/hypermarket
  • Insoles sold in hospitals/clinics
  • Insoles sold in pharmacies/pharmacies
  • insole online sale
  • insoles sold in sports stores
  • outdoor sporting goods store
  • ski shop
  • running retail
  • etc

 Region

  • North America
  • Latin America
  • europe
  • East Asia
  • south asia
  • Oceania
  • Middle East and Africa

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