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Foot Orthotic Insoles Market Report and Forecast 2023-2028

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    Report

  • 125 Pages
  • March 2023
  • Region: Global
  • Expert Market Research
  • ID: 5775173
According to the report, the global foot orthotic insoles market reached a value of USD 3719 million in 2022. Aided by the rising prevalence of foot-related disorders and increased awareness of the importance of proper foot support, the market is projected to grow at a CAGR of 5.1% between 2023 and 2028 to reach a value of USD 5024.98 million by 2028.

Foot orthotic insoles are custom-made or off-the-shelf shoe inserts designed to provide support, cushioning, and alignment to the feet, particularly for individuals with foot-related issues such as flat feet, plantar fasciitis, and diabetic neuropathy, among others. These insoles help alleviate pain, improve foot function, and prevent further foot problems by redistributing pressure on the foot, correcting alignment, and providing shock absorption.

The increasing prevalence of foot-related disorders, such as diabetes, obesity, arthritis, and sports injuries, is a key driver of the global foot orthotic insoles market expansion. These conditions often lead to foot pain, deformities, and mobility issues, necessitating the use of orthotic insoles to alleviate discomfort and improve foot function. Additionally, an ageing global population has contributed to the growing demand for foot orthotic insoles, as older individuals are more prone to foot problems and mobility challenges.

The rising focus on health and wellness has also contributed to the foot orthotic insoles market growth, as individuals become more aware of the importance of proper foot support and alignment in maintaining overall health and well-being. This heightened awareness has led to an increase in demand for foot orthotic insoles, particularly among athletes and fitness enthusiasts who require additional foot support to prevent injury and enhance performance.

Advancements in materials and manufacturing technologies have led to the development of more comfortable, durable, and effective foot orthotic insoles, further fuelling the foot orthotic insoles market growth. Innovations such as 3D-printed insoles, smart insoles with embedded sensors, and the use of lightweight, shock-absorbing materials have improved the performance and user experience of orthotic insoles, attracting a wider range of consumers.

The growing adoption of e-commerce and online sales channels has also played a significant role in the expansion of the market. Online platforms offer a wider variety of insole options, as well as the convenience of comparing prices and features, leading to increased consumer engagement and sales. Moreover, the rise of telemedicine and remote consultations has made it easier for individuals to access customised orthotic insoles without visiting a healthcare professional in person, further increasing the foot orthotic insoles market share.

Market Segmentation

The market can be divided based on product, material, user age group, end use, and region.

Market Breakup by Product

  • Prefabricated
  • Customised

Market Breakup by Material

  • Thermoplastics
  • Polyethylene Foams
  • Leather
  • Cork
  • Composite Carbon Fibres
  • Ethyl-Vinyl Acetates (EVAs)
  • Gel
  • Others

Market Breakup by User Age Group

  • Adult
  • Paediatric

Market Breakup by End Use

  • Sports and Athletics
  • Medical

Personal Comfort

  • Diabetes
  • Plantar Fasciitis
  • Arthritis
  • Back and Foot Pain
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global foot orthotic insoles companies. Some of the major key players explored in the report are as follows:
  • Scholl’s Wellness Co
  • Stable Step, LLC
  • A Algeo Limited
  • Birkenstock Group B.V. & Co KG
  • Bauerfeind AG
  • Superfeet Worldwide, Inc
  • Others
*The publisher always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Foot Orthotic Insoles Market Analysis
8.1 Key Industry Highlights
8.2 Global Foot Orthotic Insoles Historical Market (2018-2022)
8.3 Global Foot Orthotic Insoles Market Forecast (2023-2028)
8.4 Global Foot Orthotic Insoles Market by Product
8.4.1 Prefabricated
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Customised
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Foot Orthotic Insoles Market by Material
8.5.1 Thermoplastics
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Polyethylene Foams
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Leather
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Cork
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Composite Carbon Fibres
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 Ethyl-Vinyl Acetates (EVAs)
8.5.6.1 Historical Trend (2018-2022)
8.5.6.2 Forecast Trend (2023-2028)
8.5.7 Gel
8.5.7.1 Historical Trend (2018-2022)
8.5.7.2 Forecast Trend (2023-2028)
8.5.8 Others
8.6 Global Foot Orthotic Insoles Market by User Age Group
8.6.1 Adult
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Paediatric
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Foot Orthotic Insoles Market by End Use
8.7.1 Sports and Athletics
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Medical
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.2.3 Breakup by Type
8.7.2.3.1 Diabetes
8.7.2.3.2 Plantar Fasciitis
8.7.2.3.3 Arthritis
8.7.2.3.4 Back and Foot Pain
8.7.2.3.5 Others
8.7.3 Personal Comfort
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.8 Global Foot Orthotic Insoles Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Foot Orthotic Insoles Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Foot Orthotic Insoles Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Foot Orthotic Insoles Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Foot Orthotic Insoles Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Foot Orthotic Insoles Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Scholl’s Wellness Co.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Stable Step, LLC
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 A. Algeo Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Birkenstock Group B.V. & Co. KG
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Bauerfeind AG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Superfeet Worldwide, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market

Companies Mentioned

  • Scholl’s Wellness Co.
  • Stable Step, LLC
  • A. Algeo Limited
  • Birkenstock Group B.V. & Co. KG
  • Bauerfeind AG
  • Superfeet Worldwide, Inc.

Methodology

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Table Information