U.S. Shoe Insoles Market Size & Outlook, 2023-2030
U.S. shoe insoles market, 2017-2030 (US$M)
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U.S. shoe insoles market highlights
- The U.S. shoe insoles market generated a revenue of USD 1,063.5 million in 2023 and is expected to reach USD 1,499.2 million by 2030.
- The U.S. 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 1,063.5 million |
| Market revenue in 2030 | USD 1,499.2 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, U.S. accounted for 17.8% 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 North America, U.S. shoe insoles market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,499.2 million by 2030.
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Shoe Insoles Market Scope
Shoe Insoles Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 58.85% in 2023. Horizon Databook has segmented the U.S. shoe insoles market based on casual, athletic, orthotics covering the revenue growth of each sub-segment from 2017 to 2030.
The frequency of foot-related problems, including plantar fasciitis, flat feet, and various orthopedic conditions, has increased, leading to a greater need for supportive and comfortable shoe insoles.
For instance, In November 2021, Spenco, the pioneering healthcare company with a mission to enhance foot health and elevate athletic performance for people worldwide, unveiled two new insoles as part of its latest performance series: Propel and Propel + Carbon.
These specially crafted insoles are designed to optimize running shoes using the most advanced running technology available. Spenco has announced that both insoles will be accessible for purchase at Spenco.com and through various nationwide retailers.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. shoe insoles market , including forecasts for subscribers. This country databook contains high-level insights into U.S. shoe insoles market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. shoe insoles market size, by application, 2017-2030 (US$M)
U.S. Shoe Insoles Market Outlook Share, 2023 & 2030 (US$M)
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