Trends and Forecast for the Global Footwear Sole Material MarketTrends, opportunities, and forecast in footwear sole material market to 2026 by material (rubber, PVC, TPR, PU, EVA, vulcanized rubber, leather, and others), by sole component (midsole, insole, and outsole), by product (athletic and non-athletic), by end user (men, women, and children) and by region (North America, Europe, Asia Pacific, and Rest of the World)Opportunities in the footwear sole material market have evolved through a number of stages i.e. from leather sole to fusion of plastic sole material with other sole material. Lucintel has found the future of this market to be promising; the footwear sole material market is expected to reach $21.1 billion by 2025 with a CAGR of 4.0%. In this market, polyvinyl chloride (PVC) is the largest segment by material, whereas non-athletic is largest by product. Players can benefit from the available opportunities like rising population, growing disposable income, and increasing sports activities.
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DowDupont, Huntsman, BASF, Solvay, Braskem, Ningbo Cerrion, International Trading Co. LTD, and Metropole are some of the companies profiled in this report.
Some of the features of this report:
- Market size estimates: Footwear sole material market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by segments and region.
- Segmentation analysis: Footwear sole material market size by various segments such as material, sole component, product, and end user in terms of value and volume shipment.
- Regional analysis: Footwear sole material market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of footwear sole material in the footwear sole material market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of footwear sole material in the footwear sole material market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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