Vietnam Footwear Sole Material Market to 2032
Overview
The Vietnam Footwear Sole Material Market is expected to reach a 244.91 USD Million by 2032 and is projected to grow at a CAGR of 5.37% from 2025 to 2032.
Revenue, 2024 (USD Million)
169.84
Forecast, 2032 (USD Million)
244.91
CAGR, 2024 - 2032
5.37%
Report Coverage
Vietnam
Vietnam Footwear Sole Material Market 2018-2032 USD Million
Vietnam Footwear Sole Material Market , Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 169.84 USD Million
- Projected Market Size (2032): 244.91 USD Million
- CAGR (2025-2032): 5.37%
Key Findings of Vietnam Footwear Sole Material Market
- The Vietnam Footwear Sole Material Market was valued at 169.84 USD Million in 2024.
- The Vietnam Footwear Sole Material Market is likely to grow at a CAGR of 5.37% 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 146.35 USD Million
- The fastest growing segment Men in End-User Segment grew Fastest with a CAGR of 5.81% during the forecast period from 2024 to 2032.
Vietnam Footwear Sole Material Market Scope
Vietnam Footwear Sole Material Market Segmentation & Scope
Product
- Bio-Materials
- PVC
- EVA
- SBS/Thermoplastic Elastomeric Block Copolymers
- Rubber
- Polyurethane
Application
- Non-Athletic
- Athletic
End-User
- Kids
- Women
- Men
Sole
- Repair Soles
- New Soles
Sole Components
- Outsole
- Innersole
Vietnam Footwear Sole Material Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 169.84 USD Million |
| Market Value in 2032 | 244.91 USD Million |
| CAGR (2025-2032) | 5.37% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Application,End-User,Sole ,Sole Components |
Regional Insights:
-
Leading Market (2024-2032): Vietnam, leading in terms of revenue 169.84 USD Million in 2024
- Key Country: Vietnam, leading in terms of revenue with value of 169.84 USD Million in 2024.
Segments and Scope
-
Vietnam Footwear Sole Material Market to 2032, By Product
- Polyurethane is the largest segment in Vietnam Footwear Sole Material Market to 2032 with a revenue of 77.75 USD Million in the year 2024.
- Polyurethane is the Fastest growing segment in Vietnam Footwear Sole Material Market to 2032 with a Growth rate of 5.70 % in forecast period 2025-2032.
-
Vietnam Footwear Sole Material Market to 2032, By Application
- Athletic is the largest segment in Vietnam Footwear Sole Material Market to 2032 with a revenue of 95.96 USD Million in the year 2024.
- Athletic is the Fastest growing segment in Vietnam Footwear Sole Material Market to 2032 with a Growth rate of 5.66 % in forecast period 2025-2032.
-
Vietnam Footwear Sole Material Market to 2032, By End-User
- Men is the largest segment in Vietnam Footwear Sole Material Market to 2032 with a revenue of 79.69 USD Million in the year 2024.
- Men is the Fastest growing segment in Vietnam Footwear Sole Material Market to 2032 with a Growth rate of 5.81 % in forecast period 2025-2032.
-
Vietnam Footwear Sole Material Market to 2032, By Sole
- New Soles is the largest segment in Vietnam Footwear Sole Material Market to 2032 with a revenue of 146.35 USD Million in the year 2024.
- New Soles is the Fastest growing segment in Vietnam Footwear Sole Material Market to 2032 with a Growth rate of 5.47 % in forecast period 2025-2032.
-
Vietnam Footwear Sole Material Market to 2032, By Sole Components
- Innersole is the largest segment in Vietnam Footwear Sole Material Market to 2032 with a revenue of 119.80 USD Million in the year 2024.
- Innersole is the Fastest growing segment in Vietnam Footwear Sole Material Market to 2032 with a Growth rate of 5.43 % in forecast period 2025-2032.
Vietnam Footwear Sole Material Market Company Share Analysis
| Company Name |
|
||
| BASF SE | |||
| Asahi Kasei Corporation | |||
| Covestro AG | |||
| Dow | |||
| Huntsman International LLC | |||
Vietnam Footwear Sole Material Market Geographical Sales Distribution, 2018-2032 USD Million
Vietnam Footwear Sole Material Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Vietnam Footwear Sole Material Market is segmented based on Segmentation Product,Application,End-User,Sole ,Sole Components.
Vietnam Footwear Sole Material Market was valued at USD 169.84(Revenue in USD Million) in 2023.
Vietnam Footwear Sole Material Market is projected to grow at a CAGR of 5.37% during the forecast period of 2024 to 2032.
The New Soles segment is expected to dominate the Vietnam Footwear Sole Material Market , holding a largest market share of 146.35 USD Million in 2024
Vietnam Footwear Sole Material Market Scope
Vietnam Footwear Sole Material Market Segmentation & Scope
Product
- Bio-Materials
- PVC
- EVA
- SBS/Thermoplastic Elastomeric Block Copolymers
- Rubber
- Polyurethane
Application
- Non-Athletic
- Athletic
End-User
- Kids
- Women
- Men
Sole
- Repair Soles
- New Soles
Sole Components
- Outsole
- Innersole
Frequently Asked Questions
The Vietnam Footwear Sole Material Market is segmented based on Segmentation Product,Application,End-User,Sole ,Sole Components.
Vietnam Footwear Sole Material Market was valued at USD 169.84(Revenue in USD Million) in 2023.
Vietnam Footwear Sole Material Market is projected to grow at a CAGR of 5.37% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Footwear Sole Material Market for final year is USD 244.91 (USD Million).
Vietnam Footwear Sole Material Market Company Profiling
Frequently Asked Questions
The Vietnam Footwear Sole Material Market is segmented based on Segmentation Product,Application,End-User,Sole ,Sole Components.
Vietnam Footwear Sole Material Market was valued at USD 169.84(Revenue in USD Million) in 2023.
Vietnam Footwear Sole Material Market is projected to grow at a CAGR of 5.37% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Footwear Sole Material Market for final year is USD 244.91 (USD Million).
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