Malaysia Footwear Sole Material Market to 2032
Overview
The Malaysia Footwear Sole Material Market is expected to reach a 204.85 USD Million by 2032 and is projected to grow at a CAGR of 5.26% from 2025 to 2032.
Revenue, 2024 (USD Million)
143.09
Forecast, 2032 (USD Million)
204.85
CAGR, 2024 - 2032
5.26%
Report Coverage
Malaysia
Malaysia Footwear Sole Material Market 2018-2032 USD Million
Malaysia Footwear Sole Material Market , Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 143.09 USD Million
- Projected Market Size (2032): 204.85 USD Million
- CAGR (2025-2032): 5.26%
Key Findings of Malaysia Footwear Sole Material Market
- The Malaysia Footwear Sole Material Market was valued at 143.09 USD Million in 2024.
- The Malaysia Footwear Sole Material Market is likely to grow at a CAGR of 5.26% 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 123.43 USD Million
- The fastest growing segment Polyurethane in Product Segment grew Fastest with a CAGR of 5.65% during the forecast period from 2024 to 2032.
Malaysia Footwear Sole Material Market Scope
Malaysia Footwear Sole Material Market Segmentation & Scope
Application
- Non-Athletic
- Athletic
End-User
- Kids
- Women
- Men
Sole
- Repair Soles
- New Soles
Sole Components
- Outsole
- Innersole
Product
- Bio-Materials
- PVC
- EVA
- SBS/Thermoplastic Elastomeric Block Copolymers
- Rubber
- Polyurethane
Malaysia Footwear Sole Material Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 143.09 USD Million |
| Market Value in 2032 | 204.85 USD Million |
| CAGR (2025-2032) | 5.26% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,End-User,Sole ,Sole Components,Product |
Regional Insights:
-
Leading Market (2024-2032): Malaysia, leading in terms of revenue 143.09 USD Million in 2024
- Key Country: Malaysia, leading in terms of revenue with value of 143.09 USD Million in 2024.
Segments and Scope
-
Malaysia Footwear Sole Material Market to 2032, By Application
- Athletic is the largest segment in Malaysia Footwear Sole Material Market to 2032 with a revenue of 81.09 USD Million in the year 2024.
- Athletic is the Fastest growing segment in Malaysia Footwear Sole Material Market to 2032 with a Growth rate of 5.55 % in forecast period 2025-2032.
-
Malaysia Footwear Sole Material Market to 2032, By End-User
- Men is the largest segment in Malaysia Footwear Sole Material Market to 2032 with a revenue of 67.39 USD Million in the year 2024.
- Men is the Fastest growing segment in Malaysia Footwear Sole Material Market to 2032 with a Growth rate of 5.64 % in forecast period 2025-2032.
-
Malaysia Footwear Sole Material Market to 2032, By Sole
- New Soles is the largest segment in Malaysia Footwear Sole Material Market to 2032 with a revenue of 123.43 USD Million in the year 2024.
- New Soles is the Fastest growing segment in Malaysia Footwear Sole Material Market to 2032 with a Growth rate of 5.36 % in forecast period 2025-2032.
-
Malaysia Footwear Sole Material Market to 2032, By Sole Components
- Innersole is the largest segment in Malaysia Footwear Sole Material Market to 2032 with a revenue of 101.03 USD Million in the year 2024.
- Innersole is the Fastest growing segment in Malaysia Footwear Sole Material Market to 2032 with a Growth rate of 5.32 % in forecast period 2025-2032.
-
Malaysia Footwear Sole Material Market to 2032, By Product
- Polyurethane is the largest segment in Malaysia Footwear Sole Material Market to 2032 with a revenue of 66.10 USD Million in the year 2024.
- Polyurethane is the Fastest growing segment in Malaysia Footwear Sole Material Market to 2032 with a Growth rate of 5.65 % in forecast period 2025-2032.
Malaysia Footwear Sole Material Market Company Share Analysis
| Company Name |
|
||
| BASF SE | |||
| Asahi Kasei Corporation | |||
| Covestro AG | |||
| Dow | |||
| Huntsman International LLC | |||
Malaysia Footwear Sole Material Market Geographical Sales Distribution, 2018-2032 USD Million
Malaysia Footwear Sole Material Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Malaysia Footwear Sole Material Market is segmented based on Segmentation Application,End-User,Sole ,Sole Components,Product.
Malaysia Footwear Sole Material Market was valued at USD 143.09(Revenue in USD Million) in 2023.
Malaysia Footwear Sole Material Market is projected to grow at a CAGR of 5.26% during the forecast period of 2024 to 2032.
The New Soles segment is expected to dominate the Malaysia Footwear Sole Material Market , holding a largest market share of 123.43 USD Million in 2024
Malaysia Footwear Sole Material Market Scope
Malaysia Footwear Sole Material Market Segmentation & Scope
Application
- Non-Athletic
- Athletic
End-User
- Kids
- Women
- Men
Sole
- Repair Soles
- New Soles
Sole Components
- Outsole
- Innersole
Product
- Bio-Materials
- PVC
- EVA
- SBS/Thermoplastic Elastomeric Block Copolymers
- Rubber
- Polyurethane
Frequently Asked Questions
The Malaysia Footwear Sole Material Market is segmented based on Segmentation Application,End-User,Sole ,Sole Components,Product.
Malaysia Footwear Sole Material Market was valued at USD 143.09(Revenue in USD Million) in 2023.
Malaysia Footwear Sole Material Market is projected to grow at a CAGR of 5.26% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Footwear Sole Material Market for final year is USD 204.85 (USD Million).
Malaysia Footwear Sole Material Market Company Profiling
Frequently Asked Questions
The Malaysia Footwear Sole Material Market is segmented based on Segmentation Application,End-User,Sole ,Sole Components,Product.
Malaysia Footwear Sole Material Market was valued at USD 143.09(Revenue in USD Million) in 2023.
Malaysia Footwear Sole Material Market is projected to grow at a CAGR of 5.26% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Footwear Sole Material Market for final year is USD 204.85 (USD Million).
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