UK Shoe Insoles Market Size & Outlook, 2023-2030
UK shoe insoles market, 2017-2030 (US$M)
Related Markets
UK shoe insoles market highlights
- The UK shoe insoles market generated a revenue of USD 268.0 million in 2023 and is expected to reach USD 368.6 million by 2030.
- The UK 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.
Shoe insoles market data book summary
| Market revenue in 2023 | USD 268.0 million |
| Market revenue in 2030 | USD 368.6 million |
| Growth rate | 4.7% (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, UK accounted for 4.5% 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 |
|---|
UK 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 59.1% in 2023. Horizon Databook has segmented the UK shoe insoles market based on casual, athletic, orthotics covering the revenue growth of each sub-segment from 2017 to 2030.
The U.K. government has been implementing initiatives and regulations to promote sustainability and reduce waste. According to England Athletics Limited, in December 2020, Enertor, the official partner of England Athletics, unveiled the world's first insole recycling program.
With an astonishing number of more than 300 million pairs of shoes and insoles discarded in landfills annually, particularly in the U.K., Enertor is now taking significant steps to contribute to the preservation of the planet.
In May 2022, Superfeet Worldwide LLC., the leading global insole industry player, launched the ADAPT Run Collection of insoles in the U.K. Designed for comfort and seamless running, these insoles signify an evolution in Superfeet technology, providing an alternative to the conventional firm foundation.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK shoe insoles market , including forecasts for subscribers. This country databook contains high-level insights into UK shoe insoles market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK shoe insoles market size, by application, 2017-2030 (US$M)
UK Shoe Insoles Market Outlook Share, 2023 & 2030 (US$M)
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