Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.64 Billion | USD 19.11 Billion | 6.72% | 2023 |
According to a report from Zion Market Research, the global Industrial Safety Footwear Market was valued at USD 10.64 Billion in 2023 and is projected to hit USD 19.11 Billion by 2032, with a compound annual growth rate (CAGR) of 6.72% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Industrial Safety Footwear industry over the next decade.
The report covers an in-depth analysis of the strategies adopted by major competitors in the global industrial safety footwear market. To understand the competitive landscape in the industrial safety footwear market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The global industrial safety footwear market is propelling owing to the technological advancement and betterment of the existing safety regulations and standards. Several national agencies including BSI, ILO, and OSHA have been following a definitive set of safety guidelines. The agencies have mandated employers to provide certified safety gear to its employees during the working hours. The industrial safety footwear with a certified hallmark specifies the protection level from penetration, electric shock, chemical hazard, and physical impact. Foot injuries such as pierce, impact, and compression are common in nearly all workplaces. Safety footwear serves as a protective barrier and minimizes the impact of injuries and risks at workplaces in different sectors.
While working in an oil & gas plant, wearing safety footwear is mandatory for all the employees owing to the risk of an oil spill, sudden fall off heavy containers or other materials, and unfavorable weather conditions. Therefore, the oil & gas sector is witnessing a swift growth of the global safety footwear market.
Report Attributes | Report Details |
---|---|
Report Name | Industrial Safety Footwear Market |
Market Size in 2023 | USD 10.64 Billion |
Market Forecast in 2032 | USD 19.11 Billion |
Growth Rate | CAGR of 6.72% |
Number of Pages | 110 |
Key Companies Covered | Bova Safety Footwear, JAL Group France SAS, Simon Corporation, Hewats Edinburgh, Rock Fall Ltd., Honeywell International Inc., V.F. Corporation, Dunlop Boots, Liberty Group, and Uvex Group |
Segments Covered | By Product, By Material, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Industrial Safety Footwear Market: Segmentation
The research study provides a decisive view on the global industrial safety footwear market based on product, material, application, and region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2024 to 2032.
By product segmentation analysis includes boots and shoes.
By material segmentation analysis includes plastic, rubber, leather and waterproof.
By application segmentation analysis includes mining, oil & gas, construction, chemicals, manufacturing, pharmaceuticals, transportation and food.
The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Some of the essential players flourishing the global industrial safety footwear market, but not restricted to include:
Global Industrial Safety Footwear Market: Product Segmentation Analysis
Global Industrial Safety Footwear Market: Material Segmentation Analysis
Global Industrial Safety Footwear Market: Application Segmentation Analysis
Global Industrial Safety Footwear Market: Regional Segmentation Analysis
FrequentlyAsked Questions
The global industrial safety footwear market accounted for USD 10.64 Billion in 2023 and is expected to reach USD 19.11 Billion by 2032.
The CAGR value of the industrial safety footwear market is expected to be around 6.72% during 2024-2032.
Some key players of the global industrial safety footwear market are Bova Safety Footwear, JAL Group France SAS, Simon Corporation, Hewats Edinburgh, Rock Fall Ltd., Honeywell International Inc., V.F. Corporation, Dunlop Boots, Liberty Group, and Uvex Group.
The global industrial safety footwear market is propelling owing to the technological advancement and betterment of the existing safety regulations and standards. Several national agencies including BSI, ILO, and OSHA have been following a definitive set of safety guidelines. The agencies have mandated employers to provide certified safety gear to its employees during the working hours. The industrial safety footwear with a certified hallmark specifies the protection level from penetration, electric shock, chemical hazard, and physical impact.
The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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