Canada Footwear Sole Material Market to 2032

Overview

The Canada Footwear Sole Material Market is expected to reach a 936.84 USD Million by 2032 and is projected to grow at a CAGR of 5.52% from 2025 to 2032.

Revenue, 2024 (USD Million)
643.37
Forecast, 2032 (USD Million)
936.84
CAGR, 2024 - 2032
5.52%
Report Coverage
Canada

Canada Footwear Sole Material Market 2018-2032 USD Million

Canada Footwear Sole Material Market , Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 643.37 USD Million
  • Projected Market Size (2032): 936.84 USD Million
  • CAGR (2025-2032): 5.52%

Key Findings of Canada Footwear Sole Material Market

  • The Canada Footwear Sole Material Market was valued at 643.37 USD Million in 2024.
  • The Canada Footwear Sole Material Market is likely to grow at a CAGR of 5.52% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment New Soles in Sole Segment accounted for the largest share of the market with a revenue of 550.68 USD Million
  • The fastest growing segment Men in End-User Segment grew Fastest with a CAGR of 5.98% during the forecast period from 2024 to 2032.

Canada Footwear Sole Material Market Scope

Canada Footwear Sole Material Market Segmentation & Scope
Sole
  • Repair Soles
  • New Soles
Sole Components
  • Outsole
  • Innersole
Product
  • Bio-Materials
  • PVC
  • EVA
  • SBS/Thermoplastic Elastomeric Block Copolymers
  • Rubber
  • Polyurethane
Application
  • Non-Athletic
  • Athletic
End-User
  • Kids
  • Women
  • Men

Canada Footwear Sole Material Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Million
Market Value in 2024 643.37 USD Million
Market Value in 2032 936.84 USD Million
CAGR (2025-2032) 5.52%
Historic Data 2016-2023
Market Segments Covered Sole ,Sole Components,Product,Application,End-User

Regional Insights:

  • Leading Market (2024-2032): Canada, leading in terms of revenue 643.37 USD Million in 2024
    • Key Country: Canada, leading in terms of revenue with value of 643.37 USD Million in 2024.

Segments and Scope

  • Canada Footwear Sole Material Market to 2032, By Sole
    • New Soles is the largest segment in Canada Footwear Sole Material Market to 2032 with a revenue of 550.68 USD Million in the year 2024.
    • New Soles is the Fastest growing segment in Canada Footwear Sole Material Market to 2032 with a Growth rate of 5.62 % in forecast period 2025-2032.
  • Canada Footwear Sole Material Market to 2032, By Sole Components
    • Innersole is the largest segment in Canada Footwear Sole Material Market to 2032 with a revenue of 452.19 USD Million in the year 2024.
    • Innersole is the Fastest growing segment in Canada Footwear Sole Material Market to 2032 with a Growth rate of 5.58 % in forecast period 2025-2032.
  • Canada Footwear Sole Material Market to 2032, By Product
    • Polyurethane is the largest segment in Canada Footwear Sole Material Market to 2032 with a revenue of 288.62 USD Million in the year 2024.
    • Polyurethane is the Fastest growing segment in Canada Footwear Sole Material Market to 2032 with a Growth rate of 5.86 % in forecast period 2025-2032.
  • Canada Footwear Sole Material Market to 2032, By Application
    • Athletic is the largest segment in Canada Footwear Sole Material Market to 2032 with a revenue of 356.42 USD Million in the year 2024.
    • Athletic is the Fastest growing segment in Canada Footwear Sole Material Market to 2032 with a Growth rate of 5.82 % in forecast period 2025-2032.
  • Canada Footwear Sole Material Market to 2032, By End-User
    • Men is the largest segment in Canada Footwear Sole Material Market to 2032 with a revenue of 293.62 USD Million in the year 2024.
    • Men is the Fastest growing segment in Canada Footwear Sole Material Market to 2032 with a Growth rate of 5.98 % in forecast period 2025-2032.

Canada Footwear Sole Material Market Company Share Analysis

 
Company Name Company Share Analysis
BASF SE
Asahi Kasei Corporation
Covestro AG
Dow
Huntsman International LLC
Canada Footwear Sole Material Market  Company Share Analysis

Canada Footwear Sole Material Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Footwear Sole Material Market  Geographical Sales Distribution, 2018-2032 USD Million

Canada Footwear Sole Material Market Company Profiling

Canada Footwear Sole Material Market  Company Profiling
Frequently Asked Questions
The Canada Footwear Sole Material Market is segmented based on Segmentation Sole ,Sole Components,Product,Application,End-User.
Canada Footwear Sole Material Market was valued at USD 643.37(Revenue in USD Million) in 2023.
Canada Footwear Sole Material Market is projected to grow at a CAGR of 5.52% during the forecast period of 2024 to 2032.
The New Soles segment is expected to dominate the Canada Footwear Sole Material Market , holding a largest market share of 550.68 USD Million in 2024

Canada Footwear Sole Material Market Scope

Canada Footwear Sole Material Market Segmentation & Scope
Sole
  • Repair Soles
  • New Soles
Sole Components
  • Outsole
  • Innersole
Product
  • Bio-Materials
  • PVC
  • EVA
  • SBS/Thermoplastic Elastomeric Block Copolymers
  • Rubber
  • Polyurethane
Application
  • Non-Athletic
  • Athletic
End-User
  • Kids
  • Women
  • Men
Frequently Asked Questions
The Canada Footwear Sole Material Market is segmented based on Segmentation Sole ,Sole Components,Product,Application,End-User.
Canada Footwear Sole Material Market was valued at USD 643.37(Revenue in USD Million) in 2023.
Canada Footwear Sole Material Market is projected to grow at a CAGR of 5.52% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Footwear Sole Material Market for final year is USD 936.84 (USD Million).

Canada Footwear Sole Material Market Company Profiling

Canada Footwear Sole Material Market  Company Profiling
Frequently Asked Questions
The Canada Footwear Sole Material Market is segmented based on Segmentation Sole ,Sole Components,Product,Application,End-User.
Canada Footwear Sole Material Market was valued at USD 643.37(Revenue in USD Million) in 2023.
Canada Footwear Sole Material Market is projected to grow at a CAGR of 5.52% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Footwear Sole Material Market for final year is USD 936.84 (USD Million).

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