North America Shoe Insoles Market Size & Outlook
North America shoe insoles market, 2017-2030 (US$M)
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North America shoe insoles market highlights
- The North America shoe insoles market generated a revenue of USD 1,306.2 million in 2023.
- The market is expected to grow at a CAGR of 4.7% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,306.2 million |
| Market revenue in 2030 | USD 1,806.9 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Orthotics |
| Fastest growing segment | Casual |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 21.9% of the global shoe insoles market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,465.4 million by 2030.
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Shoe Insoles Market Scope
Shoe Insoles Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 59.02% in 2023. Horizon Databook has segmented the North America shoe insoles market based on casual, athletic, orthotics covering the revenue growth of each sub-segment from 2017 to 2030.
In North America, the footwear sector has showcased an underlying potential on account of growing product categories and increasing fondness among the population in the region. This has led to the introduction of stylish designs and collaborations with popular brands.
For instance, Fulton, a shoe insole brand, is expanding its ambassador network by collaborating with physical therapists, chiropractors, and podiatrists who recommend Fulton to their patients.
Shoe insoles are useful in several applications, including athletic, casual, and orthotics. The primary purpose of shoe insoles is to offer support and stability to the foot while enhancing shock absorption, thus minimizing the impact on the joints.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America shoe insoles market , including forecasts for subscribers. This continent databook contains high-level insights into North America shoe insoles market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America shoe insoles market size, by country, 2017-2030 (US$M)
North America Shoe Insoles Market Outlook Share, 2023 & 2030 (US$M)
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