Middle East & Africa Footwear Sole Material Market to 2032

Overview

The Middle East & Africa Footwear Sole Material Market is expected to reach a 972.54 USD Million by 2032 and is projected to grow at a CAGR of 5.41% from 2025 to 2032.

Revenue, 2024 (USD Million)

672.77

Forecast, 2032 (USD Million)

972.54

CAGR, 2024 - 2032

5.41%

Report Coverage

Middle East & Africa

Middle East & Africa Footwear Sole Material Market 2018-2032 USD Million

Middle East & Africa Footwear Sole Material Market , Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 672.77 USD Million
Projected Market Size (2032): 972.54 USD Million
CAGR (2025-2032): 5.41%

Key Findings of Middle East & Africa Footwear Sole Material Market

The Middle East & Africa Footwear Sole Material Market was valued at 672.77 USD Million in 2024.
The Middle East & Africa Footwear Sole Material Market is likely to grow at a CAGR of 5.41% 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 581.11 USD Million
The fastest growing segment Men in End-User Segment grew Fastest with a CAGR of 5.80% during the forecast period from 2024 to 2032.

Middle East & Africa Footwear Sole Material Market Scope

Middle East & Africa Footwear Sole Material Market Segmentation & Scope

Product

Bio-Materials
PVC
EVA
SBS/Thermoplastic Elastomeric Block Copolymers
Rubber
Polyurethane

Application

Non-Athletic
Athletic

Sole

Repair Soles
New Soles

Sole Components

Outsole
Innersole

End-User

Kids
Women
Men

Middle East & Africa Footwear Sole Material Market Data Coverage Insights

Study Period	2024-2032
Base Year	2023
Unit	Revenue in USD Million
Market Value in 2024	672.77 USD Million
Market Value in 2032	972.54 USD Million
CAGR (2025-2032)	5.41%
Historic Data	2016-2023
Market Segments Covered	Product,Application,Sole ,Sole Components,End-User

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 672.77 USD Million in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 190.24 USD Million in 2024.

Segments and Scope

Middle East & Africa Footwear Sole Material Market to 2032, By Product
- Polyurethane is the largest segment in Middle East & Africa Footwear Sole Material Market to 2032 with a revenue of 311.21 USD Million in the year 2024.
- Polyurethane is the Fastest growing segment in Middle East & Africa Footwear Sole Material Market to 2032 with a Growth rate of 5.75 % in forecast period 2025-2032.
Middle East & Africa Footwear Sole Material Market to 2032, By Application
- Athletic is the largest segment in Middle East & Africa Footwear Sole Material Market to 2032 with a revenue of 382.73 USD Million in the year 2024.
- Athletic is the Fastest growing segment in Middle East & Africa Footwear Sole Material Market to 2032 with a Growth rate of 5.69 % in forecast period 2025-2032.
Middle East & Africa Footwear Sole Material Market to 2032, By Sole
- New Soles is the largest segment in Middle East & Africa Footwear Sole Material Market to 2032 with a revenue of 581.11 USD Million in the year 2024.
- New Soles is the Fastest growing segment in Middle East & Africa Footwear Sole Material Market to 2032 with a Growth rate of 5.50 % in forecast period 2025-2032.
Middle East & Africa Footwear Sole Material Market to 2032, By Sole Components
- Innersole is the largest segment in Middle East & Africa Footwear Sole Material Market to 2032 with a revenue of 475.22 USD Million in the year 2024.
- Innersole is the Fastest growing segment in Middle East & Africa Footwear Sole Material Market to 2032 with a Growth rate of 5.46 % in forecast period 2025-2032.
Middle East & Africa Footwear Sole Material Market to 2032, By End-User
- Men is the largest segment in Middle East & Africa Footwear Sole Material Market to 2032 with a revenue of 319.08 USD Million in the year 2024.
- Men is the Fastest growing segment in Middle East & Africa Footwear Sole Material Market to 2032 with a Growth rate of 5.80 % in forecast period 2025-2032.

Middle East & Africa Footwear Sole Material Market Company Share Analysis

Company Name
BASF SE
Asahi Kasei Corporation
Covestro AG
Dow
Huntsman International LLC

Middle East & Africa Footwear Sole Material Market Geographical Sales Distribution, 2018-2032 USD Million

Middle East & Africa Footwear Sole Material Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Middle East & Africa Footwear Sole Material Market ?

The Middle East & Africa Footwear Sole Material Market is segmented based on Segmentation Product,Application,Sole ,Sole Components,End-User.

What is the current market size of the Middle East & Africa Footwear Sole Material Market ?

Middle East & Africa Footwear Sole Material Market was valued at USD 672.77(Revenue in USD Million) in 2023.

What is the expected growth rate of the Middle East & Africa Footwear Sole Material Market ?

Middle East & Africa Footwear Sole Material Market is projected to grow at a CAGR of 5.41% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Middle East & Africa Footwear Sole Material Market ?

The New Soles segment is expected to dominate the Middle East & Africa Footwear Sole Material Market , holding a largest market share of 581.11 USD Million in 2024