Market Overview:
The global Footwear Adhesives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sports shoes, dress shoes, and sandals across the globe. In addition, technological advancements in footwear adhesives are also contributing to the growth of this market. Based on type, solvent based footwear adhesives are expected to dominate the global footwear adhesive market during the forecast period. This can be attributed to their high bonding strength and ability to withstand harsh environmental conditions.
Product Definition:
Footwear adhesive is a contact adhesive used to bond the upper and sole of a shoe. It is important because it provides durability and protection to the shoe.
Solvent Based Footwear Adhesives:
Solvent-based footwear adhesives are primarily used to bind soles of shoes or boots to the uppers. They are also used in casual and formal wear, where leather is preferred as a material for shoe manufacturing. Solvent-based adhesive products have been widely accepted across the globe due to their properties such as high bonding speed, strong mechanical strength and resistance against heat & chemicals among others.
Water Based Footwear Adhesives:
Water-based footwear adhesives are a group of synthetic or natural based chemicals used to bind two materials such as leather, rubber, fabric or metal together. The water-based adhesive is the most commonly used product in the footwear industry and it accounts for more than half of the total market.
Application Insights:
In 2017, sports shoes accounted for the largest share in terms of application and revenue as well. Footwear adhesives are used in the construction of sports shoes to improve durability and comfort. The growing popularity of athleisure clothing along with increasing participation levels in outdoor activities is expected to drive demand for sportswear, thereby supporting market growth over the forecast period.
The dress shoe segment is projected to witness significant growth over the coming years on account of rising consumer disposable income levels coupled with an increase in spending on formal footwear among others. Dress shoes held around 20% share each within U.S., Germany, China and Japan owing to different styles available across these countries which appeal more towards casual wear than other western countries do.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to high demand from U.S and Canada coupled with presence of a large number of industry players. The region is expected to maintain its dominance during the forecast period due to increasing consumer disposable income levels, growing population, and rising awareness about health & hygiene issues among consumers in this region.
Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing an increase in sports activities across countries such as China, Japan, India along with other South East Asian countries which will drive demand for sports shoes thereby boosting product application scope for adhesives manufacturers over next eight years or so).
Growth Factors:
- Increasing demand from footwear industry
- Rising disposable income of consumers in developing countries
- Technological advancements in adhesives manufacturing process
- Growing popularity of online shopping
- Expansion of retail chains across the globe
Scope Of The Report
Report Attributes
Report Details
Report Title
Footwear Adhesives Market Research Report
By Type
Solvent Based Footwear Adhesives, Water Based Footwear Adhesives, Radiation Cured (UV/EB) Footwear Adhesives, Hot Melts Footwear Adhesives
By Application
Sports Shoes, Dress Shoes, Sandals, Others
By Companies
Henkel, H.B. Fuller, Eastman Chemical Company, Chemical Technology Pty Ltd., Great Eastern Resins Industrial Co. Ltd., Bostik Ltd., Artecola Quimica, Jubilant Industries, Chadha Corporation Pvt. Ltd., KECK Chimie, Helios Kemostik, Nan Pao Resins Chemical Group, No-tape Industrial, Milspeed, Gurbaksish Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Footwear Adhesives Market Report Segments:
The global Footwear Adhesives market is segmented on the basis of:
Types
Solvent Based Footwear Adhesives, Water Based Footwear Adhesives, Radiation Cured (UV/EB) Footwear Adhesives, Hot Melts Footwear Adhesives
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sports Shoes, Dress Shoes, Sandals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel
- H.B. Fuller
- Eastman Chemical Company
- Chemical Technology Pty Ltd.
- Great Eastern Resins Industrial Co. Ltd.
- Bostik Ltd.
- Artecola Quimica
- Jubilant Industries
- Chadha Corporation Pvt. Ltd.
- KECK Chimie
- Helios Kemostik
- Nan Pao Resins Chemical Group
- No-tape Industrial
- Milspeed
- Gurbaksish Group
Highlights of The Footwear Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solvent Based Footwear Adhesives
- Water Based Footwear Adhesives
- Radiation Cured (UV/EB) Footwear Adhesives
- Hot Melts Footwear Adhesives
- By Application:
- Sports Shoes
- Dress Shoes
- Sandals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Footwear Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Footwear adhesives are a type of adhesive that is used to attach footwear to the foot. Footwear adhesives can be used in a variety of ways, including for attaching shoes to feet, for attaching socks to feet, and for attaching sandals or other footwear to the feet.
Some of the key players operating in the footwear adhesives market are Henkel, H.B. Fuller, Eastman Chemical Company, Chemical Technology Pty Ltd., Great Eastern Resins Industrial Co. Ltd., Bostik Ltd., Artecola Quimica, Jubilant Industries, Chadha Corporation Pvt. Ltd., KECK Chimie, Helios Kemostik, Nan Pao Resins Chemical Group, No-tape Industrial, Milspeed, Gurbaksish Group.
The footwear adhesives market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Footwear Adhesives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Footwear Adhesives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Footwear Adhesives Market - Supply Chain
4.5. Global Footwear Adhesives Market Forecast
4.5.1. Footwear Adhesives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Footwear Adhesives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Footwear Adhesives Market Absolute $ Opportunity
5. Global Footwear Adhesives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Footwear Adhesives Market Size and Volume Forecast by Type
5.3.1. Solvent Based Footwear Adhesives
5.3.2. Water Based Footwear Adhesives
5.3.3. Radiation Cured (UV/EB) Footwear Adhesives
5.3.4. Hot Melts Footwear Adhesives
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Footwear Adhesives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Footwear Adhesives Market Size and Volume Forecast by Application
6.3.1. Sports Shoes
6.3.2. Dress Shoes
6.3.3. Sandals
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Footwear Adhesives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Footwear Adhesives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Footwear Adhesives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Footwear Adhesives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Footwear Adhesives Demand Share Forecast, 2019-2026
9. North America Footwear Adhesives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Footwear Adhesives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Footwear Adhesives Market Size and Volume Forecast by Application
9.4.1. Sports Shoes
9.4.2. Dress Shoes
9.4.3. Sandals
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Footwear Adhesives Market Size and Volume Forecast by Type
9.7.1. Solvent Based Footwear Adhesives
9.7.2. Water Based Footwear Adhesives
9.7.3. Radiation Cured (UV/EB) Footwear Adhesives
9.7.4. Hot Melts Footwear Adhesives
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Footwear Adhesives Demand Share Forecast, 2019-2026
10. Latin America Footwear Adhesives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Footwear Adhesives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Footwear Adhesives Market Size and Volume Forecast by Application
10.4.1. Sports Shoes
10.4.2. Dress Shoes
10.4.3. Sandals
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Footwear Adhesives Market Size and Volume Forecast by Type
10.7.1. Solvent Based Footwear Adhesives
10.7.2. Water Based Footwear Adhesives
10.7.3. Radiation Cured (UV/EB) Footwear Adhesives
10.7.4. Hot Melts Footwear Adhesives
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Footwear Adhesives Demand Share Forecast, 2019-2026
11. Europe Footwear Adhesives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Footwear Adhesives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Footwear Adhesives Market Size and Volume Forecast by Application
11.4.1. Sports Shoes
11.4.2. Dress Shoes
11.4.3. Sandals
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Footwear Adhesives Market Size and Volume Forecast by Type
11.7.1. Solvent Based Footwear Adhesives
11.7.2. Water Based Footwear Adhesives
11.7.3. Radiation Cured (UV/EB) Footwear Adhesives
11.7.4. Hot Melts Footwear Adhesives
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Footwear Adhesives Demand Share, 2019-2026
12. Asia Pacific Footwear Adhesives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Footwear Adhesives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Footwear Adhesives Market Size and Volume Forecast by Application
12.4.1. Sports Shoes
12.4.2. Dress Shoes
12.4.3. Sandals
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Footwear Adhesives Market Size and Volume Forecast by Type
12.7.1. Solvent Based Footwear Adhesives
12.7.2. Water Based Footwear Adhesives
12.7.3. Radiation Cured (UV/EB) Footwear Adhesives
12.7.4. Hot Melts Footwear Adhesives
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Footwear Adhesives Demand Share, 2019-2026
13. Middle East & Africa Footwear Adhesives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Footwear Adhesives Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Footwear Adhesives Market Size and Volume Forecast by Application
13.4.1. Sports Shoes
13.4.2. Dress Shoes
13.4.3. Sandals
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Footwear Adhesives Market Size and Volume Forecast by Type
13.7.1. Solvent Based Footwear Adhesives
13.7.2. Water Based Footwear Adhesives
13.7.3. Radiation Cured (UV/EB) Footwear Adhesives
13.7.4. Hot Melts Footwear Adhesives
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Footwear Adhesives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Footwear Adhesives Market: Market Share Analysis
14.2. Footwear Adhesives Distributors and Customers
14.3. Footwear Adhesives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henkel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. H.B. Fuller
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eastman Chemical Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chemical Technology Pty Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Great Eastern Resins Industrial Co. Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bostik Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Artecola Quimica
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jubilant Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chadha Corporation Pvt. Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. KECK Chimie
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Helios Kemostik
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nan Pao Resins Chemical Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. No-tape Industrial
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Milspeed
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Gurbaksish Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
