Press release
Shoe Insoles Market Booming Worldwide with Latest Trend and Future Scope by 2031
The global shoe insoles market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The rise in adoption of various strategies by key players such as mergers and acquisitions, investment, product launch, and collaboration among others are boosting the demand for shoe insoles during the forecast period. There is a major competition among prominent players to keep up with the use of the latest materials for delivering quality and comfortable insoles to their customers. For instance,
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In February 2022, Foot Solutions, Inc. acquired Florida-based Happy Feet Plus Inc. to expand its presence across North America. Through the acquisition, the company aims to bring two major retail forces into one specialty footwear and an approximately 3.5 billion global orthotic insoles market.
In January 2020, Superfeet Worldwide, Inc. secured the New Balance Athletics, Inc. license agreement for insoles. Through this agreement, Superfeet Worldwide, LLC expanded its insole offering in the market of North America and Asia-Pacific by including New Balance Athletics, Inc.'s new insole products. These new insole products are built on the signature foundation of Superfeet shape, featuring three distinct purpose-built collections - casual, running, and sport.
In July 2022, Coats Group plc acquired Texon to strengthen its existing presence in the highly attractive athleisure footwear market. The company is continuously focused on sustainable innovation and supplies high-performance, sustainable, materials, including heel counters, toe puffs, and insoles to the highly attractive premium athleisure footwear market.
In September 2021, Footbalance System Ltd. partnered with a new capital investor, IPGL to accelerate its expansion and provide better foot insoles. Footbalance's latest 3D foot scanning technology named MyFootBalance offers consumers a unique all-in-one fitting experience from personalized foot scans, biomechanical foot analysis, and custom product recommendations.
Full report of Shoe Insoles Market available @ https://www.omrglobal.com/industry-reports/shoe-insoles-market
Market Coverage
Segment Covered-
o By Application
o By Material
o By End-User
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- including Bauerfeind AG, Bayer AG, Foot Science International, Pea Medical Group, Stable Step, LLC., and others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Shoe Insoles Market Report Segment
By Application
Casual.
Athletic
Orthotics
By Material
Foam
Gel
Rubber
By End-User
Men
Women
Global Shoe Insoles Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East & Africa
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/shoe-insoles-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Get Free Sample link @ https://www.omrglobal.com/request-sample/shoe-insoles-market
In February 2022, Foot Solutions, Inc. acquired Florida-based Happy Feet Plus Inc. to expand its presence across North America. Through the acquisition, the company aims to bring two major retail forces into one specialty footwear and an approximately 3.5 billion global orthotic insoles market.
In January 2020, Superfeet Worldwide, Inc. secured the New Balance Athletics, Inc. license agreement for insoles. Through this agreement, Superfeet Worldwide, LLC expanded its insole offering in the market of North America and Asia-Pacific by including New Balance Athletics, Inc.'s new insole products. These new insole products are built on the signature foundation of Superfeet shape, featuring three distinct purpose-built collections - casual, running, and sport.
In July 2022, Coats Group plc acquired Texon to strengthen its existing presence in the highly attractive athleisure footwear market. The company is continuously focused on sustainable innovation and supplies high-performance, sustainable, materials, including heel counters, toe puffs, and insoles to the highly attractive premium athleisure footwear market.
In September 2021, Footbalance System Ltd. partnered with a new capital investor, IPGL to accelerate its expansion and provide better foot insoles. Footbalance's latest 3D foot scanning technology named MyFootBalance offers consumers a unique all-in-one fitting experience from personalized foot scans, biomechanical foot analysis, and custom product recommendations.
Full report of Shoe Insoles Market available @ https://www.omrglobal.com/industry-reports/shoe-insoles-market
Market Coverage
Segment Covered-
o By Application
o By Material
o By End-User
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- including Bauerfeind AG, Bayer AG, Foot Science International, Pea Medical Group, Stable Step, LLC., and others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Shoe Insoles Market Report Segment
By Application
Casual.
Athletic
Orthotics
By Material
Foam
Gel
Rubber
By End-User
Men
Women
Global Shoe Insoles Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East & Africa
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/shoe-insoles-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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