| Product Code: ETC6902606 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cyprus continues to be a key destination for polyurethane (PU) sole import shipments, with significant contributions from Slovenia, Greece, China, Germany, and Hong Kong in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 24.77% from 2020 to 2024 underscores the growing demand for PU soles in Cyprus. Notably, the exceptional growth rate of 75.77% from 2023 to 2024 highlights a surge in import activities within the industry, potentially driven by evolving consumer preferences and market dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Polyurethane (PU) Sole Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Polyurethane (PU) Sole Market - Industry Life Cycle |
3.4 Cyprus Polyurethane (PU) Sole Market - Porter's Five Forces |
3.5 Cyprus Polyurethane (PU) Sole Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Cyprus Polyurethane (PU) Sole Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Polyurethane (PU) Sole Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for comfortable and durable footwear |
4.2.2 Increasing focus on sustainable and eco-friendly materials |
4.2.3 Rise in disposable income leading to higher spending on footwear |
4.2.4 Innovation and technological advancements in polyurethane sole manufacturing |
4.2.5 Growing trend of athleisure and casual footwear styles |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative materials in the footwear industry |
4.3.3 Regulatory challenges related to environmental standards and chemical usage |
4.3.4 Economic uncertainty affecting consumer spending habits |
4.3.5 Limited consumer awareness about the benefits of polyurethane soles |
5 Cyprus Polyurethane (PU) Sole Market Trends |
6 Cyprus Polyurethane (PU) Sole Market, By Types |
6.1 Cyprus Polyurethane (PU) Sole Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Raw Material, 2021- 2031F |
6.1.3 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Methylene Diisocyanate, 2021- 2031F |
6.1.4 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Toluene Diisocyanate, 2021- 2031F |
6.1.5 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Polyols, 2021- 2031F |
6.2 Cyprus Polyurethane (PU) Sole Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Casuals, 2021- 2031F |
6.2.3 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Boots, 2021- 2031F |
6.2.4 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Slipper and Sandals, 2021- 2031F |
6.2.5 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Sports, 2021- 2031F |
6.2.6 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Formals, 2021- 2031F |
6.2.7 Cyprus Polyurethane (PU) Sole Market Revenues & Volume, By Leisure, 2021- 2031F |
7 Cyprus Polyurethane (PU) Sole Market Import-Export Trade Statistics |
7.1 Cyprus Polyurethane (PU) Sole Market Export to Major Countries |
7.2 Cyprus Polyurethane (PU) Sole Market Imports from Major Countries |
8 Cyprus Polyurethane (PU) Sole Market Key Performance Indicators |
8.1 Percentage increase in the adoption of polyurethane soles by footwear manufacturers |
8.2 Number of new product launches featuring polyurethane soles |
8.3 Percentage growth in research and development investments in polyurethane sole technology |
8.4 Sustainability metrics related to the use of recycled materials in polyurethane sole production |
8.5 Customer satisfaction scores for footwear products using polyurethane soles |
9 Cyprus Polyurethane (PU) Sole Market - Opportunity Assessment |
9.1 Cyprus Polyurethane (PU) Sole Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Cyprus Polyurethane (PU) Sole Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Polyurethane (PU) Sole Market - Competitive Landscape |
10.1 Cyprus Polyurethane (PU) Sole Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Polyurethane (PU) Sole Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
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