South Africa Footwear Sole Material Market to 2032
Overview
The South Africa Footwear Sole Material Market is expected to reach a 276.70 USD Million by 2032 and is projected to grow at a CAGR of 6.31% from 2025 to 2032.
Revenue, 2024 (USD Million)
180.24
Forecast, 2032 (USD Million)
276.70
CAGR, 2024 - 2032
6.31%
Report Coverage
South Africa
South Africa Footwear Sole Material Market 2018-2032 USD Million
South Africa Footwear Sole Material Market , Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 180.24 USD Million
- Projected Market Size (2032): 276.70 USD Million
- CAGR (2025-2032): 6.31%
Key Findings of South Africa Footwear Sole Material Market
- The South Africa Footwear Sole Material Market was valued at 180.24 USD Million in 2024.
- The South Africa Footwear Sole Material Market is likely to grow at a CAGR of 6.31% 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 155.78 USD Million
- The fastest growing segment Men in End-User Segment grew Fastest with a CAGR of 6.73% during the forecast period from 2024 to 2032.
South Africa Footwear Sole Material Market Scope
South Africa Footwear Sole Material Market Segmentation & Scope
Application
- Non-Athletic
- Athletic
End-User
- Kids
- Women
- Men
Sole Components
- Outsole
- Innersole
Product
- Bio-Materials
- PVC
- EVA
- SBS/Thermoplastic Elastomeric Block Copolymers
- Rubber
- Polyurethane
Sole
- Repair Soles
- New Soles
South Africa Footwear Sole Material Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 180.24 USD Million |
| Market Value in 2032 | 276.70 USD Million |
| CAGR (2025-2032) | 6.31% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,End-User,Sole Components,Product,Sole |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 180.24 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 180.24 USD Million in 2024.
Segments and Scope
-
South Africa Footwear Sole Material Market to 2032, By Application
- Athletic is the largest segment in South Africa Footwear Sole Material Market to 2032 with a revenue of 102.68 USD Million in the year 2024.
- Athletic is the Fastest growing segment in South Africa Footwear Sole Material Market to 2032 with a Growth rate of 6.59 % in forecast period 2025-2032.
-
South Africa Footwear Sole Material Market to 2032, By End-User
- Men is the largest segment in South Africa Footwear Sole Material Market to 2032 with a revenue of 85.83 USD Million in the year 2024.
- Men is the Fastest growing segment in South Africa Footwear Sole Material Market to 2032 with a Growth rate of 6.73 % in forecast period 2025-2032.
-
South Africa Footwear Sole Material Market to 2032, By Sole Components
- Innersole is the largest segment in South Africa Footwear Sole Material Market to 2032 with a revenue of 127.31 USD Million in the year 2024.
- Innersole is the Fastest growing segment in South Africa Footwear Sole Material Market to 2032 with a Growth rate of 6.37 % in forecast period 2025-2032.
-
South Africa Footwear Sole Material Market to 2032, By Product
- Polyurethane is the largest segment in South Africa Footwear Sole Material Market to 2032 with a revenue of 83.35 USD Million in the year 2024.
- Polyurethane is the Fastest growing segment in South Africa Footwear Sole Material Market to 2032 with a Growth rate of 6.62 % in forecast period 2025-2032.
-
South Africa Footwear Sole Material Market to 2032, By Sole
- New Soles is the largest segment in South Africa Footwear Sole Material Market to 2032 with a revenue of 155.78 USD Million in the year 2024.
- New Soles is the Fastest growing segment in South Africa Footwear Sole Material Market to 2032 with a Growth rate of 6.41 % in forecast period 2025-2032.
South Africa Footwear Sole Material Market Company Share Analysis
| Company Name |
|
||
| BASF SE | |||
| Asahi Kasei Corporation | |||
| Covestro AG | |||
| Dow | |||
| Huntsman International LLC | |||
South Africa Footwear Sole Material Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Footwear Sole Material Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Footwear Sole Material Market is segmented based on Segmentation Application,End-User,Sole Components,Product,Sole .
South Africa Footwear Sole Material Market was valued at USD 180.24(Revenue in USD Million) in 2023.
South Africa Footwear Sole Material Market is projected to grow at a CAGR of 6.31% during the forecast period of 2024 to 2032.
The New Soles segment is expected to dominate the South Africa Footwear Sole Material Market , holding a largest market share of 155.78 USD Million in 2024
South Africa Footwear Sole Material Market Scope
South Africa Footwear Sole Material Market Segmentation & Scope
Application
- Non-Athletic
- Athletic
End-User
- Kids
- Women
- Men
Sole Components
- Outsole
- Innersole
Product
- Bio-Materials
- PVC
- EVA
- SBS/Thermoplastic Elastomeric Block Copolymers
- Rubber
- Polyurethane
Sole
- Repair Soles
- New Soles
Frequently Asked Questions
The South Africa Footwear Sole Material Market is segmented based on Segmentation Application,End-User,Sole Components,Product,Sole .
South Africa Footwear Sole Material Market was valued at USD 180.24(Revenue in USD Million) in 2023.
South Africa Footwear Sole Material Market is projected to grow at a CAGR of 6.31% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Footwear Sole Material Market for final year is USD 276.70 (USD Million).
South Africa Footwear Sole Material Market Company Profiling
Frequently Asked Questions
The South Africa Footwear Sole Material Market is segmented based on Segmentation Application,End-User,Sole Components,Product,Sole .
South Africa Footwear Sole Material Market was valued at USD 180.24(Revenue in USD Million) in 2023.
South Africa Footwear Sole Material Market is projected to grow at a CAGR of 6.31% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Footwear Sole Material Market for final year is USD 276.70 (USD Million).
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