Italy Shoe Insoles Market Size & Outlook, 2023-2030
Italy shoe insoles market, 2017-2030 (US$M)
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Italy shoe insoles market highlights
- The Italy shoe insoles market generated a revenue of USD 189.4 million in 2023 and is expected to reach USD 255.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.4% 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 189.4 million |
| Market revenue in 2030 | USD 255.8 million |
| Growth rate | 4.4% (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, Italy accounted for 3.2% 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 Europe, Germany shoe insoles market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 725.5 million by 2030.
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Shoe Insoles Market Scope
Shoe Insoles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 60.93% in 2023. Horizon Databook has segmented the Italy shoe insoles market based on casual, athletic, orthotics covering the revenue growth of each sub-segment from 2017 to 2030.
Italy, a developed country in the European region, caters to a wide range of styles and preferences. The brands are known for their craftsmanship, attention to detail, and use of premium materials. When it comes to footwear, Italian shoes are synonymous with exceptional quality.
As the overall shoe market experiences growth, there is an increased demand for various types of footwear, including athletic shoes, casual shoes, formal shoes, and specialized footwear. With more people purchasing and using shoes for different activities, the need for comfortable and supportive shoe insoles also rises.
GAIT-TECH, an Italian company, has developed an insole that effectively cushions impact while walking and evenly redistributes pressure across the foot. The insole is seamlessly integrated into the stiletto during the manufacturing process, ensuring it remains discreet and doesn't cause any discomfort or awkwardness when worn.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy shoe insoles market , including forecasts for subscribers. This country databook contains high-level insights into Italy shoe insoles market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Italy shoe insoles market size, by application, 2017-2030 (US$M)
Italy Shoe Insoles Market Outlook Share, 2023 & 2030 (US$M)
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