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Footwear Sole Material Market Report: Trends, Forecast and Competitive Analysis ABNewswire Press Rel

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Trends, opportunities and forecast in footwear sole material market to 2023 by material (rubber, PVC, TPR, PU, EVA, vulcanized rubber, leather, and others), by sole component (midsole, insole, and outsole), by product (athletic and non-athletic), by end user (men, women, and children) and by region (North America, Europe, Asia Pacific, and the Rest of the World)

According to a new market report published by Lucintel, the future of the global footwear sole material market looks promising with opportunities in athletic and non-athletic shoes. The global footwear sole material market is expected to reach an estimated $21.0 billion by 2023 with a CAGR of 5.9% from 2018 to 2023. The major growth driver in this market is rise in footwear production and growth in consumer spending.

Browse 162 market data tables and 186 figures spread through 238 pages and in-depth TOC on “Global Footwear Sole Material Market

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In this market, rubber, PVC, TPR, PU, EVA, vulcanized rubber, leather, and others are used for footwear sole material manufacturing for material. On the basis of comprehensive research, PVC is expected to be the largest material by value and volume and also witness the highest growth during the forecast period because it provides the best synthetic alternative to traditional leather with more cost effective options for sole manufacturing.

Within this market, non-athletic will remain the largest end use industry by value and volume due to increase in consumer purchasing power, and growing demand for casual and fashionable footwear.

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Asia Pacific is expected to remain the largest region by value and volume and also witness the highest growth over the forecast period due to rising population, growing disposable income, and increasing sports activities. Pre-Purchase Query @ https://www.lucintel.com/footwear-sole-material-market.aspx#/

Emerging trends, which have a direct impact on the dynamics of the footwear sole material industry, include the development of fusion of plastic with other sole materials, and shifting of footwear manufacturers from China to South East Asia. DowDupont, Huntsman, BASF, Solvay, Braskem, Ningbo Cerrion, International Trading Co. LTD, and Metropole are among the major suppliers of footwear sole material.

Lucintel, a leading global market research firm has analyzed growth opportunities in the global footwear sole material market by material, sole component, product, end user and region has compiled a comprehensive research report entitled “” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global footwear sole material market by material, sole component, product, end user and region as follows:

By Material (Volume (M lbs) and $M shipment analysis for 2012 to 2023):

Rubber

Polyvinyl chloride (PVC) 

Thermoplastic rubber (TPR)

Polyurethane (PU) 

Ethyl vinyl acetate (EVA)

Vulcanized rubber

Leather

Others

By Sole Component (Volume (M lbs) and $M shipment analysis for 2012 to 2023):

Midsole

Insole

Outsole

By Product (Volume (M lbs) and $M shipment analysis for 2012 to 2023):

Athletic

Non-Athletic

By End User (Volume (M lbs) and $M shipment analysis for 2012 to 2023):

Men

Women

Children

By Region [Value ($ Million) from 2012 to 2023]:

North America

Europe

APAC

ROW

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This 238-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link  or   helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

This report answers following 11 key questions:

 

Q.1 What are some of the most promising, high-growth opportunities for the global footwear sole material market to 2023 by material (rubber, PVC, TPR, PU, EVA, vulcanized rubber, leather, and others), by sole component (midsole, insole, and outsole), by product (athletic and non-athletic), by end user (men, women, and children) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q. 2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and reasons behind them?

Q.7 What are some changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?

Q.11 What M&A activity has occurred in the last 5 years?

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