According to Technavio’s latest market research study, the global foot insoles market is expected to grow at a CAGR of close to 7% during the forecast period 2017-2021.
This report by Technavio provides an in-depth analysis of the global foot insoles market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the material type
Source: Technavio
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The top three revenue contributing material segments are discussed below
Global polypropylene insoles market: Molded propylene insoles find application in the management of loss of muscles and bones due to neuro deformities. Polypropylene can be treated by all methods, including blow molding, extrusion, injection molding, blown, cast film and thermoforming and is also easily recyclable. Such advantages drive the adoption of polypropylene to make foot insoles.
“Polypropylene insoles are direct milled and not vacuum formed, which makes them more durable and accurate compared with other insoles. They also come with flexibility options, top cover options, optional heel posting, and a variety of intrinsic adjustments,” says Amber Chourasia, a lead analyst at Technavio for research on health and wellness.
Global leather insoles market: The leather used to manufacture insoles is vegetable tanned, free from (pentachlorophenol) PCP, and combined with a firm latex foam underside featuring activated charcoal. The structure of these leather insoles allows them to absorb moisture, encourage a rolling foot motion, and reduce foot odor. The current preference of users to use leather as a base material in their shoes is likely to be the driving force behind the growth of the global leather insoles market.
Global other insoles market: Other raw materials used in the manufacture of insoles include nylon, EVA foam, composite carbon fibers, and gel. Carbon insoles are known for their humidity-absorbing nature, making ideal for odorous feet while gel insoles are used to target the specific area of the foot where the pain is radiating from.
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Top vendors operating in the global foot insoles market are:
- Bayer HealthCare
- Bauerfeind
- Superfeet
- Stable Step
Other prominent vendors in the market include Spenco Medical, ING Corporation, SOLO Laboratories, and footlogix.
A more detailed analysis is available in the Technavio report titled, ‘Global Foot Insoles Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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