Thailand Footwear Sole Material Market to 2032

Overview

The Thailand Footwear Sole Material Market is expected to reach a 322.58 USD Million by 2032 and is projected to grow at a CAGR of 5.60% from 2025 to 2032.

Revenue, 2024 (USD Million)
220.32
Forecast, 2032 (USD Million)
322.58
CAGR, 2024 - 2032
5.60%
Report Coverage
Thailand

Thailand Footwear Sole Material Market 2018-2032 USD Million

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

Market Growth and Projections:

  • Market Size (2024): 220.32 USD Million
  • Projected Market Size (2032): 322.58 USD Million
  • CAGR (2025-2032): 5.60%

Key Findings of Thailand Footwear Sole Material Market

  • The Thailand Footwear Sole Material Market was valued at 220.32 USD Million in 2024.
  • The Thailand Footwear Sole Material Market is likely to grow at a CAGR of 5.60% 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 190.30 USD Million
  • The fastest growing segment Men in End-User Segment grew Fastest with a CAGR of 6.03% during the forecast period from 2024 to 2032.

Thailand Footwear Sole Material Market Scope

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

Thailand Footwear Sole Material Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Million
Market Value in 2024 220.32 USD Million
Market Value in 2032 322.58 USD Million
CAGR (2025-2032) 5.60%
Historic Data 2016-2023
Market Segments Covered End-User,Application,Product,Sole ,Sole Components

Regional Insights:

  • Leading Market (2024-2032): Thailand, leading in terms of revenue 220.32 USD Million in 2024
    • Key Country: Thailand, leading in terms of revenue with value of 220.32 USD Million in 2024.

Segments and Scope

  • Thailand Footwear Sole Material Market to 2032, By End-User
    • Men is the largest segment in Thailand Footwear Sole Material Market to 2032 with a revenue of 104.68 USD Million in the year 2024.
    • Men is the Fastest growing segment in Thailand Footwear Sole Material Market to 2032 with a Growth rate of 6.03 % in forecast period 2025-2032.
  • Thailand Footwear Sole Material Market to 2032, By Application
    • Athletic is the largest segment in Thailand Footwear Sole Material Market to 2032 with a revenue of 125.36 USD Million in the year 2024.
    • Athletic is the Fastest growing segment in Thailand Footwear Sole Material Market to 2032 with a Growth rate of 5.89 % in forecast period 2025-2032.
  • Thailand Footwear Sole Material Market to 2032, By Product
    • Polyurethane is the largest segment in Thailand Footwear Sole Material Market to 2032 with a revenue of 101.73 USD Million in the year 2024.
    • Polyurethane is the Fastest growing segment in Thailand Footwear Sole Material Market to 2032 with a Growth rate of 5.92 % in forecast period 2025-2032.
  • Thailand Footwear Sole Material Market to 2032, By Sole
    • New Soles is the largest segment in Thailand Footwear Sole Material Market to 2032 with a revenue of 190.30 USD Million in the year 2024.
    • New Soles is the Fastest growing segment in Thailand Footwear Sole Material Market to 2032 with a Growth rate of 5.69 % in forecast period 2025-2032.
  • Thailand Footwear Sole Material Market to 2032, By Sole Components
    • Innersole is the largest segment in Thailand Footwear Sole Material Market to 2032 with a revenue of 155.64 USD Million in the year 2024.
    • Innersole is the Fastest growing segment in Thailand Footwear Sole Material Market to 2032 with a Growth rate of 5.66 % in forecast period 2025-2032.

Thailand Footwear Sole Material Market Company Share Analysis

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

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

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

Thailand Footwear Sole Material Market Company Profiling

Thailand Footwear Sole Material Market  Company Profiling
Frequently Asked Questions
The Thailand Footwear Sole Material Market is segmented based on Segmentation End-User,Application,Product,Sole ,Sole Components.
Thailand Footwear Sole Material Market was valued at USD 220.32(Revenue in USD Million) in 2023.
Thailand Footwear Sole Material Market is projected to grow at a CAGR of 5.60% during the forecast period of 2024 to 2032.
The New Soles segment is expected to dominate the Thailand Footwear Sole Material Market , holding a largest market share of 190.30 USD Million in 2024

Thailand Footwear Sole Material Market Scope

Thailand Footwear Sole Material Market Segmentation & Scope
End-User
  • Kids
  • Women
  • Men
Application
  • Non-Athletic
  • Athletic
Product
  • Bio-Materials
  • PVC
  • EVA
  • SBS/Thermoplastic Elastomeric Block Copolymers
  • Rubber
  • Polyurethane
Sole
  • Repair Soles
  • New Soles
Sole Components
  • Outsole
  • Innersole
Frequently Asked Questions
The Thailand Footwear Sole Material Market is segmented based on Segmentation End-User,Application,Product,Sole ,Sole Components.
Thailand Footwear Sole Material Market was valued at USD 220.32(Revenue in USD Million) in 2023.
Thailand Footwear Sole Material Market is projected to grow at a CAGR of 5.60% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Footwear Sole Material Market for final year is USD 322.58 (USD Million).

Thailand Footwear Sole Material Market Company Profiling

Thailand Footwear Sole Material Market  Company Profiling
Frequently Asked Questions
The Thailand Footwear Sole Material Market is segmented based on Segmentation End-User,Application,Product,Sole ,Sole Components.
Thailand Footwear Sole Material Market was valued at USD 220.32(Revenue in USD Million) in 2023.
Thailand Footwear Sole Material Market is projected to grow at a CAGR of 5.60% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Footwear Sole Material Market for final year is USD 322.58 (USD Million).

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