The footwear sole material market is estimated to be valued at US$ 22.89 Mn in 2023 and is expected to exhibit a CAGR of 4.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Sole material forms the base layer of footwear that provides comfort, cushioning, traction and durability. The key types of sole materials used in footwear manufacturing include EVA (ethylene ... Read more

The footwear sole material market is witnessing strong growth driven by rising demand for various types of footwear worldwide. Advancements in material science have led to the development of innovative sole materials that provide enhanced cushioning, traction and durability. Key materials used in shoe soles include polyurethane, rubber, PVC and others. Polyurethane in particular is widely utilized due to its lightweight and shock-absorbent properties. The global footwear industry has ... Read more