Industrial Protective Footwear Market - Global Industry Analysis

Industrial Protective Footwear Market

Industrial Protective Footwear Market Size, Growth, Statistics Forecast 2028

Category: Consumer Goods Report Format : PDF Pages: 180 Report Code: ZMR-3390 Published Date: May-2022 Status : Published

Industrial Protective Footwear Market

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Protective footwear provides protection to feet. It comes in many shapes and sizes. Protective footwear is of two types: boots and shoes both are considered to protect foot and comfort for workers. The protective footwear depends on specific job tasks and their potential foot hazards. The demand for protective footwear products is mostly high in various industries around a high rate of occupational fatalities, including different industrial applications.

The demand for industrial protective footwear products is growing rapidly due to its positive impact. Customers’ prefer products that are safe and give better quality than normal products. Moreover, growing awareness among people, changing lifestyle, health concerns about products is likely to fuel the demand for industrial protective footwear market. Growing concern about products and their benefit will increase the demand for industrial protective footwear from all age group. Industrial protective footwear boots and shoes made from lighter composite materials gives protection thoroughly. Hence it is an essential factor that drives the global industrial protective footwear market growth. Despite this, increasing safety issues of workers is also likely to drive industrial protective footwear. Therefore, the global market for industrial protective footwear may gain more value share in the forecast period. Industrial protective footwear is premium-priced products which are comparatively more costly than normal footwear. This will restrain the growth of industrial protective footwear market. However, lack of awareness towards precautions of workers in SME industries particularly in developing economies also restrains the market growth.

Global Industrial Protective Footwear Market

The global market for industrial protective footwear is projected to witness extensive growth during the forecast period. The global industrial protective footwear market is categorized on the basis of type, material, application, and region. Based on the material, the global industrial protective footwear market is divided into leather footwear, waterproof footwear, rubber footwear, and plastic footwear. Among which, leather footwear segment is expected to attain the largest market share value during the forecast period. This growth is mainly due to benefits like the footwear protects against UV radiation, injuries, cracks, etc. Plastic footwear is expected to fuel the demand for industrial protective footwear products over the forecast period. Based on type, the market is categorized into shoes and boots. Protective boots protect against ankle injuries. Due to these aspects, the market for boots is likely to grow more as compared to shoes. Based on the application, the market is segmented into construction, mining, chemicals, oil & gas food, manufacturing, pharmaceuticals, and transportation. The construction industry is expected to attain more value share over the forecast period. The increased number of accidents at sites will drive the market for this segment.

By geography, the industrial protective footwear market finds its market scope in North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Europe is anticipated to be the fastest growing region owing to the facts such as the rapidly growing concerns about safety and the increased awareness about the benefits of the industrial protective footwear market in the region. Rapid use of industrial protective footwear among workers will increase market growth in the coming years. The Asia Pacific is the second largest region contributing to the market revenue value owing to the factors such as increasing demand for protective shoes and changing consumer preference toward products. All these factors are likely to bolster the industrial protective footwear market during the forecast period.  

The report includes comprehensive profiles of important key companies that work in the global industrial protective footwear market such as Oftenrich Holdings Co. Ltd., Honeywell Safety Products, Saina Corporation Co. Ltd., ELTEN GmbH, Jal Group, COFRA Holding AG, VF Corporation, UVEX Safety Group, Rahman Group, Rock Fall Ltd. The in-depth description of key players includes parameters such as company overview, key developments, business strategy, and financial overview of the company.  

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