Indonesia Footwear Sole Material Market to 2032

Overview

The Indonesia Footwear Sole Material Market is expected to reach a 796.14 USD Million by 2032 and is projected to grow at a CAGR of 7.02% from 2025 to 2032.

Revenue, 2024 (USD Million)
495.25
Forecast, 2032 (USD Million)
796.14
CAGR, 2024 - 2032
7.02%
Report Coverage
Indonesia

Indonesia Footwear Sole Material Market 2018-2032 USD Million

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

Market Growth and Projections:

  • Market Size (2024): 495.25 USD Million
  • Projected Market Size (2032): 796.14 USD Million
  • CAGR (2025-2032): 7.02%

Key Findings of Indonesia Footwear Sole Material Market

  • The Indonesia Footwear Sole Material Market was valued at 495.25 USD Million in 2024.
  • The Indonesia Footwear Sole Material Market is likely to grow at a CAGR of 7.02% 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 428.06 USD Million
  • The fastest growing segment Men in End-User Segment grew Fastest with a CAGR of 7.43% during the forecast period from 2024 to 2032.

Indonesia Footwear Sole Material Market Scope

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

Indonesia Footwear Sole Material Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Million
Market Value in 2024 495.25 USD Million
Market Value in 2032 796.14 USD Million
CAGR (2025-2032) 7.02%
Historic Data 2016-2023
Market Segments Covered Sole Components,Product,Sole ,End-User,Application

Regional Insights:

  • Leading Market (2024-2032): Indonesia, leading in terms of revenue 495.25 USD Million in 2024
    • Key Country: Indonesia, leading in terms of revenue with value of 495.25 USD Million in 2024.

Segments and Scope

  • Indonesia Footwear Sole Material Market to 2032, By Sole Components
    • Innersole is the largest segment in Indonesia Footwear Sole Material Market to 2032 with a revenue of 349.81 USD Million in the year 2024.
    • Innersole is the Fastest growing segment in Indonesia Footwear Sole Material Market to 2032 with a Growth rate of 7.07 % in forecast period 2025-2032.
  • Indonesia Footwear Sole Material Market to 2032, By Product
    • Polyurethane is the largest segment in Indonesia Footwear Sole Material Market to 2032 with a revenue of 229.02 USD Million in the year 2024.
    • Polyurethane is the Fastest growing segment in Indonesia Footwear Sole Material Market to 2032 with a Growth rate of 7.33 % in forecast period 2025-2032.
  • Indonesia Footwear Sole Material Market to 2032, By Sole
    • New Soles is the largest segment in Indonesia Footwear Sole Material Market to 2032 with a revenue of 428.06 USD Million in the year 2024.
    • New Soles is the Fastest growing segment in Indonesia Footwear Sole Material Market to 2032 with a Growth rate of 7.11 % in forecast period 2025-2032.
  • Indonesia Footwear Sole Material Market to 2032, By End-User
    • Men is the largest segment in Indonesia Footwear Sole Material Market to 2032 with a revenue of 235.84 USD Million in the year 2024.
    • Men is the Fastest growing segment in Indonesia Footwear Sole Material Market to 2032 with a Growth rate of 7.43 % in forecast period 2025-2032.
  • Indonesia Footwear Sole Material Market to 2032, By Application
    • Athletic is the largest segment in Indonesia Footwear Sole Material Market to 2032 with a revenue of 282.14 USD Million in the year 2024.
    • Athletic is the Fastest growing segment in Indonesia Footwear Sole Material Market to 2032 with a Growth rate of 7.29 % in forecast period 2025-2032.

Indonesia Footwear Sole Material Market Company Share Analysis

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

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

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

Indonesia Footwear Sole Material Market Company Profiling

Indonesia Footwear Sole Material Market  Company Profiling
Frequently Asked Questions
The Indonesia Footwear Sole Material Market is segmented based on Segmentation Sole Components,Product,Sole ,End-User,Application.
Indonesia Footwear Sole Material Market was valued at USD 495.25(Revenue in USD Million) in 2023.
Indonesia Footwear Sole Material Market is projected to grow at a CAGR of 7.02% during the forecast period of 2024 to 2032.
The New Soles segment is expected to dominate the Indonesia Footwear Sole Material Market , holding a largest market share of 428.06 USD Million in 2024

Indonesia Footwear Sole Material Market Scope

Indonesia Footwear Sole Material Market Segmentation & Scope
Sole Components
  • Outsole
  • Innersole
Product
  • Bio-Materials
  • PVC
  • EVA
  • SBS/Thermoplastic Elastomeric Block Copolymers
  • Rubber
  • Polyurethane
Sole
  • Repair Soles
  • New Soles
End-User
  • Kids
  • Women
  • Men
Application
  • Non-Athletic
  • Athletic
Frequently Asked Questions
The Indonesia Footwear Sole Material Market is segmented based on Segmentation Sole Components,Product,Sole ,End-User,Application.
Indonesia Footwear Sole Material Market was valued at USD 495.25(Revenue in USD Million) in 2023.
Indonesia Footwear Sole Material Market is projected to grow at a CAGR of 7.02% during the forecast period of 2024 to 2032.
The estimated market value of the Indonesia Footwear Sole Material Market for final year is USD 796.14 (USD Million).

Indonesia Footwear Sole Material Market Company Profiling

Indonesia Footwear Sole Material Market  Company Profiling
Frequently Asked Questions
The Indonesia Footwear Sole Material Market is segmented based on Segmentation Sole Components,Product,Sole ,End-User,Application.
Indonesia Footwear Sole Material Market was valued at USD 495.25(Revenue in USD Million) in 2023.
Indonesia Footwear Sole Material Market is projected to grow at a CAGR of 7.02% during the forecast period of 2024 to 2032.
The estimated market value of the Indonesia Footwear Sole Material Market for final year is USD 796.14 (USD Million).

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