Asia Pacific Shoe Insole Market
Market Report I 2024-07-01 I 223 Pages I Data Bridge Market Research
The Asia-Pacific shoe insole market is expected to reach USD 2,824,951.24 thousand by 2031 from USD 1,817,975.54 thousand in 2023, growing with a substantial CAGR of 6.1% during the forecast period of 2024 to 2031.
Market Segmentation:
Asia-Pacific Shoe Insole market, By Type (Casual Insole, Sports/Athletic Insole, Orthotics Insole, Safety Insole, and Others), Material (Foam, Gel, Plastic/Polymer, Silicone, Polyurethane, Carbon Fiber, and Others), Price Range (Low, Medium, and High), Customization (Standard and Customized), Prescription (OTC and Prescribed), Length (Full Length, 3/4th length, and Heel Cup), Insole Thickness (Thin, Medium, and Thick), End User (Senior (Above 50 Years), Adults (25-50 Years), Teenagers (15-24 Years), and Kids (under 14 Years)), Distribution Channel (Online and Offline), Countries (China, Japan, India, South Korea, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, New Zealand, and rest of Asia-Pacific) - Industry Trends and Forecast to 2031
Overview of Asia-Pacific Shoe Insole Market Dynamics:
Drivers
- Rapidly expanding sports and fitness activities
- Rising incidence of foot disorders and chronic diseases
- Increasing awareness of foot health and comfort
Restraints
- Price sensitivity and cost constraints of advanced and customized insoles
- Environmental impact of insole production and disposal
Opportunities
- Technological advancements in insole materials
- Emergence of customizable and personalized insole products
Challenges
- Compliance with regulatory and quality standards
- Durability issues associated with insoles
Market Players:
The key market players operating in the Asia-Pacific shoe insole market are listed below:
- Decathlon
- Texon International Group (A Subsidiary of Coats Group plc)
- Scholl's Wellness Company Limited
- Foot Science International
- Li Ning (China) Sports Goods Co., Ltd.
- YONEX Co., Ltd
- MYFRIDO
- FOOTBALANCE SYSTEM LTD.
- Helios India
- Rehband Limited
1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 OVERVIEW 21
1.4 LIMITATIONS 23
1.5 MARKETS COVERED 23
2 MARKET SEGMENTATION 27
2.1 MARKETS COVERED 27
2.2 GEOGRAPHICAL SCOPE 28
2.3 YEARS CONSIDERED FOR THE STUDY 29
2.4 CURRENCY AND PRICING 29
2.5 DBMR TRIPOD DATA VALIDATION MODEL 30
2.6 MULTIVARIATE MODELING 33
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 34
2.8 DBMR MARKET POSITION GRID 35
2.9 DBMR VENDOR SHARE ANALYSIS 36
2.10 SECONDARY SOURCES 37
2.11 ASSUMPTIONS 38
3 EXECUTIVE SUMMARY 39
4 PREMIUM INSIGHTS 44
4.1 PORTER'S FIVE FORCES 45
4.1.1 THREAT OF NEW ENTRANTS 45
4.1.2 THREAT OF SUBSTITUTES 45
4.1.3 BARGAINING POWER OF BUYERS 45
4.1.4 BARGAINING POWER OF SUPPLIERS 46
4.1.5 COMPETITIVE RIVALRY 46
4.2 PRICE INDEX 47
4.2.1 RAW MATERIAL COSTS 47
4.2.2 MANUFACTURING PROCESSES 47
4.2.3 TECHNOLOGICAL ADVANCEMENTS 47
4.2.4 MARKET DEMAND 47
4.3 PRODUCT ADOPTION SCENARIO 48
4.3.1 OVERVIEW 48
4.3.1.1 PRODUCT AWARENESS 48
4.3.1.2 PRODUCT INTEREST 49
4.3.1.3 PRODUCT EVALUATION 49
4.3.1.4 PRODUCT TRIAL 49
4.3.1.5 PRODUCT ADOPTION 49
4.3.2 CONCLUSION 49
4.4 PRODUCTION CONSUMPTION ANALYSIS 50
4.5 BRAND OUTLOOK 51
4.6 FACTORS AFFECTING BUYING DECISION 53
4.7 RAW MATERIAL PRODUCTION COVERAGE 54
4.8 SUPPLY CHAIN ANALYSIS 55
4.8.1 OVERVIEW 55
4.8.2 RAW MATERIAL SUPPLIERS 55
4.8.3 SUPPLY CHAIN DYNAMICS 55
4.8.4 DISTRIBUTION AND LOGISTICS 55
5 REGULATION COVERAGE 56
6 MARKET OVERVIEW 59
6.1 DRIVERS 61
6.1.1 RAPIDLY EXPANDING SPORTS AND FITNESS ACTIVITIES 61
6.1.2 RISING INCIDENCE OF FOOT DISORDERS AND CHRONIC DISEASES 61
6.1.3 INCREASING AWARENESS OF FOOT HEALTH AND COMFORT 62
6.2 RESTRAINTS 63
6.2.1 PRICE SENSITIVITY AND COST CONSTRAINTS OF ADVANCED AND CUSTOMIZED INSOLES 63
6.2.2 ENVIRONMENTAL IMPACT OF INSOLE PRODUCTION AND DISPOSAL 64
6.3 OPPORTUNITIES 65
6.3.1 TECHNOLOGICAL ADVANCEMENTS IN INSOLE MATERIALS 65
6.3.2 EMERGENCE OF CUSTOMIZABLE AND PERSONALIZED INSOLE PRODUCTS 65
6.4 CHALLENGES 67
6.4.1 COMPLIANCE WITH REGULATORY AND QUALITY STANDARDS 67
6.4.2 DURABILITY ISSUES ASSOCIATED WITH INSOLES 67
7 ASIA-PACIFIC SHOE INSOLE MARKET, BY TYPE 69
7.1 OVERVIEW 70
7.2 CASUAL INSOLE 71
7.3 SPORTS/ATHLETIC INSOLE 72
7.4 ORTHOTICS INSOLE 72
7.5 SAFETY INSOLE 73
7.6 OTHERS 73
8 ASIA-PACIFIC SHOE INSOLE MARKET, BY MATERIAL 74
8.1 OVERVIEW 75
8.2 FOAM 76
8.3 GEL 77
8.4 PLASTIC/POLYMER 77
8.5 SILICONE 78
8.6 POLYURETHANE 78
8.7 CARBON FIBER 79
8.8 OTHERS 79
9 ASIA-PACIFIC SHOE INSOLE MARKET, BY PRICE RANGE 80
9.1 OVERVIEW 81
9.2 LOW 82
9.3 MEDIUM 82
9.4 HIGH 83
10 ASIA-PACIFIC SHOE INSOLE MARKET, BY CUSTOMIZATION 84
10.1 OVERVIEW 85
10.2 STANDARD 86
10.3 CUSTOMIZED 86
11 ASIA-PACIFIC SHOE INSOLE MARKET, BY PRESCRIPTION 87
11.1 OVERVIEW 88
11.2 OTC 89
11.3 PRESCRIBED 89
12 ASIA-PACIFIC SHOE INSOLE MARKET, BY LENGTH 90
12.1 OVERVIEW 91
12.2 FULL LENGTH 92
12.3 3/4TH LENGTH 92
12.4 HEEL CUP 93
13 ASIA-PACIFIC SHOE INSOLE MARKET, BY INSOLE THICKNESS 94
13.1 OVERVIEW 95
13.2 THIN 96
13.3 MEDIUM 96
13.4 THICK 97
14 ASIA-PACIFIC SHOE INSOLE MARKET, BY END USER 98
14.1 OVERVIEW 99
14.2 SENIOR (ABOVE 50 YEARS) 100
14.3 ADULTS (25-50 YEARS) 101
14.4 TEENAGERS (15-24 YEARS) 102
14.5 KIDS (UNDER 14 YEARS) 103
15 ASIA-PACIFIC SHOE INSOLE MARKET, BY DISTRIBUTION CHANNEL 104
15.1 OVERVIEW 105
15.2 OFFLINE 106
15.3 ONLINE 107
16 ASIA-PACIFIC SHOE INSOLE MARKET, BY REGION 108
16.1 ASIA-PACIFIC 109
16.1.1 CHINA 117
16.1.2 INDIA 122
16.1.3 JAPAN 127
16.1.4 PHILIPPINES 132
16.1.5 SOUTH KOREA 136
16.1.6 INDONESIA 141
16.1.7 AUSTRALIA 146
16.1.8 THAILAND 151
16.1.9 SINGAPORE 156
16.1.10 MALAYSIA 161
16.1.11 NEW ZEALAND 166
16.1.12 REST OF ASIA-PACIFIC 171
17 ASIA-PACIFIC SHOE INSOLE MARKET: COMPANY LANDSCAPE 172
17.1 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
18 SWOT ANALYSIS 173
19 COMPANY PROFILES 174
19.1 DECATHLON 174
19.1.1 COMPANY SNAPSHOT 174
19.1.2 COMPANY SHARE ANALYSIS 174
19.1.3 PRODUCT PORTFOLIO 175
19.1.4 RECENT DEVELOPMENT 176
19.2 TEXON INTERNATIONAL GROUP (A SUBSIDIARY OF COATS GROUP PLC) 177
19.2.1 COMPANY SNAPSHOT 177
19.2.2 COMPANY SHARE ANALYSIS 177
19.2.3 PRODUCT PORTFOLIO 178
19.2.4 RECENT DEVELOPMENTS 178
19.3 BAUERFEIND USA INC. 180
19.3.1 COMPANY SNAPSHOT 180
19.3.2 COMPANY SHARE ANALYSIS 180
19.3.3 PRODUCT PORTFOLIO 181
19.3.4 RECENT DEVELOPMENTS 182
19.4 SUPERFEET WORLDWIDE, LLC 183
19.4.1 COMPANY SNAPSHOT 183
19.4.2 COMPANY SHARE ANALYSIS 183
19.4.3 PRODUCT PORTFOLIO 184
19.4.4 RECENT DEVELOPMENT 186
19.5 SPENCO (A BRAND OF IMPLUS FOOTCARE LLC) 188
19.5.1 COMPANY SNAPSHOT 188
19.5.2 COMPANY SHARE ANALYSIS 188
19.5.3 PRODUCT PORTFOLIO 189
19.5.4 RECENT DEVELOPMENTS 190
19.6 ENERTOR 191
19.6.1 COMPANY SNAPSHOT 191
19.6.2 PRODUCT PORTFOLIO 191
19.6.3 RECENT DEVELOPMENTS 192
19.7 FOOT SCIENCE INTERNATIONAL 193
19.7.1 COMPANY SNAPSHOT 193
19.7.2 PRODUCT PORTFOLIO 193
19.7.3 RECENT DEVELOPMENT 194
19.8 FOOTBALANCE SYSTEM LTD. 195
19.8.1 COMPANY SNAPSHOT 195
19.8.2 PRODUCT PORTFOLIO 195
19.8.3 RECENT DEVELOPMENTS 196
19.9 HELIOS INDIA 197
19.9.1 COMPANY SNAPSHOT 197
19.9.2 PRODUCT PORTFOLIO 197
19.9.3 RECENT DEVELOPMENTS 198
19.10 LI NING (CHINA) SPORTS GOODS CO., LTD. 199
19.10.1 COMPANY SNAPSHOT 199
19.10.2 REVENUE ANALYSIS 199
19.10.3 PRODUCT PORTFOLIO 200
19.10.4 RECENT DEVELOPMENT 200
19.11 MYFRIDO 201
19.11.1 COMPANY SNAPSHOT 201
19.11.2 PRODUCT PORTFOLIO 201
19.11.3 RECENT DEVELOPMENT 202
19.12 POWERSTEP 204
19.12.1 COMPANY SNAPSHOT 204
19.12.2 PRODUCT PORTFOLIO 204
19.12.3 RECENT DEVELOPMENT 206
19.13 PROFOOT INC. 207
19.13.1 COMPANY SNAPSHOT 207
19.13.2 PRODUCT PORTFOLIO 207
19.13.3 RECENT DEVELOPMENTS 208
19.14 REHBAND LIMITED 209
19.14.1 COMPANY SNAPSHOT 209
19.14.2 PRODUCT PORTFOLIO 209
19.14.3 RECENT DEVELOPMENTS 209
19.15 SCHOLL'S WELLNESS COMPANY LIMITED 210
19.15.1 COMPANY SNAPSHOT 210
19.15.2 PRODUCT PORTFOLIO 210
19.15.3 RECENT DEVELOPMENT 211
19.16 SIDAS 212
19.16.1 COMPANY SNAPSHOT 212
19.16.2 PRODUCT PORTFOLIO 212
19.16.3 RECENT DEVELOPMENT 214
19.17 SOLO LABORATORIES, INC. 215
19.17.1 COMPANY SNAPSHOT 215
19.17.2 PRODUCT PORTFOLIO 215
19.17.3 RECENT DEVELOPMENTS 216
19.18 YONEX CO., LTD. 217
19.18.1 COMPANY SNAPSHOT 217
19.18.2 REVENUE ANALYSIS 217
19.18.3 PRODUCT PORTFOLIO 218
19.18.4 RECENT DEVELOPMENT 218
20 QUESTIONNAIRE 219
21 RELATED REPORTS 223
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