Spain Shoe Insoles Market Size & Outlook, 2023-2030
Spain shoe insoles market, 2017-2030 (US$M)
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Spain shoe insoles market highlights
- The Spain shoe insoles market generated a revenue of USD 93.2 million in 2023 and is expected to reach USD 117.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.3% 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 93.2 million |
| Market revenue in 2030 | USD 117.2 million |
| Growth rate | 3.3% (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, Spain accounted for 1.6% 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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Spain 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 60.62% in 2023. Horizon Databook has segmented the Spain shoe insoles market based on casual, athletic, orthotics covering the revenue growth of each sub-segment from 2017 to 2030.
In recent years, the demand for shoe insoles has been steadily increasing in the country, and several factors contribute to their projected sales growth in the coming years. Firstly, the rising awareness of foot health and the importance of preventive care will encourage more individuals to invest in supportive insoles to maintain their overall well-being.
Secondly, the growing number of fitness enthusiasts will drive the demand for performance-enhancing insoles that optimize athletic performance and prevent injuries during physical activities. Thirdly, the aging population is expected to fuel the demand for insoles as seniors seek solutions for age-related foot problems, further boosting the market.
The trend towards sustainability has led manufacturers to seek options for developing viable options for shoe insoles. Vesica Piscis has developed 100% recycled vegan insoles that offer an ethical and sustainable choice for individuals seeking products that demonstrate respect for the environment and animals.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain shoe insoles market , including forecasts for subscribers. This country databook contains high-level insights into Spain shoe insoles market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Spain shoe insoles market size, by application, 2017-2030 (US$M)
Spain Shoe Insoles Market Outlook Share, 2023 & 2030 (US$M)
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