Industrial Protective Footwear Market Dynamics
Industrial footwear provides protection from a wide variety of hazards in a variety of industries. Workers exposed to hazards such as falling objects, electrical contacts, moving machinery, and other similar incidents can be at risk from a variety of foot injuries. 5.2 billion in 2021 and is projected to reach $ 6.9 billion by 2028, a CAGR of 4.2% from 2022 to 2028. The leather shoe segment took about 36% of the total market in 2021, followed by rubber and PVC shoes. Personal protection awareness has impacted sales in response to manufacturers’ safety concerns to develop differentiated products Untapped geographic regions offer wide opportunities for industrial protective footwear development Safety footwear demand is expected to increase in emerging economies such as China, India, Japan, and South Africa partly due to strict regulatory measures with the support of the International Labor Organization (ILO). Further, the manufacturing industry as a whole is now looking to diversify its production after the supply chain was disrupted due to pandemic. Market such as India, Thailand & Mexico can be see increased demand.
Growth in the Industrial Protective market to be fueled by governments of developed and underdeveloped nations
The government has issued several work safety regulations that encourage people to wear personal protective shoes in the workplace. Increasing regulatory measures with the support of the International Labor Organization (ILO) contribute to the introduction of protective shoes. The rise in the labor force due to rapid industrial development has forced the government to impose strict regulations on the safety of workers. Occupational safety issues are addressed and industrialists focus on improving safety standards, which continues to increase the demand for safety footwear around the world.
New ways to develop the most comfortable and lightest safety shoes to reduce foot fatigue and improve working conditions. Protective shoes come in different shapes and sizes and still retain their durability as long as they are made with high-quality materials and innovative technology. selected for comfort, performance, and stability at work.
Market research on Industrial Protective Footwear Market
Datavagyanik Business Intelligence released a new report entitled “Industrial Safety Footwear Market“. The report provides a comprehensive analysis of key growth strategies, drivers, opportunities, key segments, business opportunities, and the competitive landscape. Information about market participants, investors, stakeholders, and start-ups provides a deep understanding of the industry and shows the action to be taken in order to gain leverage among competitors.
Industrial Protective Shoes Market Size & Growth Trends
According to the study carried out by Datavagyanik Business Intelligence, Industrial Protective Footwear Market By Material and Application: Global Opportunity Analysis, Industry Forecast, 2021-2028, the global protective footwear market is expected to reach $ 6.9 billion by 2028 at a CAGR of 4.2% in the forecast period 2022-2028.
Key Players Insights:
The research on the Industrial Protective Footwear market presents a detailed analysis of market players with coverage on company portfolio, growth strategies, target customers, operating geography, and other updates. Players included in the report are
- Anbu Safety
- Hewats Edinburgh
- Honeywell Safety Products
- JAL Group
- Oftenrich Holdings
- Rock Fall
- Saina Corporation
- SE Dunlop Boots
- Uvex Safety Group
- VF Corporation
Industrial Protective Footwear Market Segmentation
- Industrial Protective Footwear Market revenue and forecast (2021 – 2028), by Material: (Revenue in USD Million)
- Leather footwear
- Rubber footwear
- Industrial Protective Footwear Market revenue and forecast (2021 – 2028), by Applications: (Revenue in USD Million)
- Oil and gas
Peter (Research Analyst at Datavagyanik)
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