Indonesia Shoe Insoles Market Size & Outlook, 2023-2030
Indonesia shoe insoles market, 2017-2030 (US$M)
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Indonesia shoe insoles market highlights
- The Indonesia shoe insoles market generated a revenue of USD 113.6 million in 2023 and is expected to reach USD 159.4 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, orthotics was the largest revenue generating application in 2023.
- Casual is the most lucrative application segment registering the fastest growth during the forecast period.
Shoe insoles market data book summary
| Market revenue in 2023 | USD 113.6 million |
| Market revenue in 2030 | USD 159.4 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Orthotics |
| Fastest growing segment | Casual |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Casual, Athletic, Orthotics |
| Key market players worldwide | Yonex Co Ltd, ASICS Corp, Li Ning Co Ltd, Bauerfeind, Foot Science International, Stable Step LLC, SOLO Laboratories, Insole Brand and Medical Adhesive Products -Spenco Medical Corp, Superfeet, Texon International Group, Footbalance, Currex, Sidas, Enertor, PROFOOT, Rehband, Aetrex Worldwide, Decathlon, Scholl's Wellness, New Balance |
Other key industry trends
- In terms of revenue, Indonesia accounted for 1.9% of the global shoe insoles market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China shoe insoles market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,048.3 million by 2030.
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Shoe Insoles Market Scope
Shoe Insoles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Indonesia shoe insoles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shoe insoles market will help companies and investors design strategic landscapes.
Orthotics was the largest segment with a revenue share of 61.8% in 2023. Horizon Databook has segmented the Indonesia shoe insoles market based on casual, athletic, orthotics covering the revenue growth of each sub-segment from 2017 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia shoe insoles market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia shoe insoles market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia shoe insoles market size, by application, 2017-2030 (US$M)
Indonesia Shoe Insoles Market Outlook Share, 2023 & 2030 (US$M)
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