The growing demand for comfort and hygiene among consumers and other major driving factors is expected to favor the rise in the global insoles market
Reports and Insights has published a new report titled, “Insoles Market: Opportunity Analysis and Future Assessment 2022-2030”
Global Insoles Market, Type (Prefabricated Insoles, Customized Insoles, 3D Printed Insoles), Material (Foam Insoles (PU Foam, Memory foam, PE Foam, Others), Gel Insoles, Felt Insoles, Cork Insoles, Leather Insoles, Composite Carbon Fiber Insoles, Others)Application (Regular Insoles, Sports Insoles, Therapeutic Insoles, Industrial Insoles, Others), Length (Full Length Insoles, 3/4 Length Insoles), Consumer Orientation (Insoles for Men, Insoles for Women, Others), Sales Channel (Direct Sales of Insoles, Indirect Sales of Insoles (Insoles Sold at Footwear Stores, Insoles Sold at Supermarkets/Hypermarkets, Insoles Sold at Hospitals/Clinics, Insoles Sold at Drug Stores/ Pharmacies, Online Sales of Insoles, Insoles Sold at Sports Stores (Outdoor Sports Stores, SKI Stores, Running Retails, Others)) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
Insoles can be perceived as the pieces of material that are located inside the shoes or footwear for added warmth, comfort, and an improved fit. At times referred to as ‘inner soles’ or ‘foot beds’, the key objective of insoles is to make shoes more comforting and convenient to wear. In addition, whilst insoles do not physically make a shoe smaller, they fill in the unoccupied room between the feet and the interior of the shoe.
One of the primary reasons which is majorly driving the market growth is the growing prevalence of foot diseases among millennials such as flat foot, as well as acute ankle and leg pain due to diminution in bone density, which is essentially boosting the demand of insoles across the markets.
In addition to that, insoles are also an approach to maintain the footwear fresh as they can be pulled out and cleansed. Besides that, they can be utilized collectively with toe inserts when shoes are excessively big, offering added support. Attributing to such beneficial factors along with the increased demand for hygiene and comfort among end-consumers, the global insoles market is estimated to witness significant growth over the following years.
Moreover, the soaring geriatric population all across the world is also propelling the demand for orthotic insole, which is further projected to create a lucrative opportunity for the market growth in the forthcoming years.