Rapid Growth of the Footwear Industry to Augment the Footwear Sole Material Market Growth
Footwear sole materials are used to manufacture the bottom part of the shoes and are produced from various materials such as plastic, rubber, leather, textiles, and petrochemical-derived products. These materials provide fashion and comfort and allow them to perform various outdoor activities. The most common footwear sole material used to manufacture sole is a polyurethane (PU), as it offers excellent durability and flexibility. The sole made of PU is very comfortable and protects from slipping. Furthermore, these materials also provide a high level of stiffness and resilience. However, the material is dependent on the style and purpose of the shoe. The rapid growth of the footwear industry and the increasing urbanization and industrialization, especially in emerging economies, are driving the growth of the footwear sole material market . Moreover, shifting consumer preference towards sports and fitness-related activities, as well as outdoor activities (such as cycling, running,...