Global Industrial Protective Footwear Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026

Global Industrial Protective Footwear Market Overview

“The global Industrial Protective Footwear market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Request Covid - 19 Impact

The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026.

The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The industrial protective footwear market report has been segmented on the basis of material, application, and region.

This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.

In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.

Industrial safety footwear includes shoes used at the workplace to avoid injuries and occupational hazards such as cutting objects or falling, chemical spills, electrical hazards, stepping on sharp objects, contact with rolling, and wet surfaces. These shoes are fitted with toecaps which mainly safeguard against thermal impact.

Implementation of workplace standards and stringent regulations regarding workplace safety across the globe is expected to drive market growth. However, the large availability of cheap quality safety shoes and lack of awareness regarding safety shoes among the workers in small-scale industries is anticipated to hamper the market growth.

On the basis of material, the leather segment is estimated to hold a major revenue share in the global industrial protective footwear market and is expected to maintain its dominance over the forecast period. These types of materials are used in the automobile and electric industry.

Leather is the most preferable material for safety shoes owing to its properties such as durability and insulation. Leather is a non-conductive material and is used as protective footwear as it offers safety against hazardous electric shocks.

On the basis of application, the construction application segment is estimated to hold a major revenue share in the global industrial protective footwear market over the forecast period.

A growing number of fatal accidents in the construction industry has driven the adoption of safety shoes which enhances worker safety. Growing awareness among the builders toward workers’ safety is expected to drive market growth over the forecast period.

The North American market is estimated to hold a significant revenue share in the global industrial protective footwear market, in 2017 and is expected to maintain its dominance over the forecast period. Stringent regulations regarding the safety of workers in the US are anticipated to fuel market growth over the forecast period.

North America accounts for the largest revenue share contribution of the target market, followed by markets in Europe, Asia Pacific, Latin America, and the Middle East & Africa respectively. An increase in safety and health practices in various end-user industries such as construction, automotive, oil & gas, and pharmaceuticals is anticipated to drive market growth in the next ten years.

Market segmentation and key players operating in the global industrial protective footwear market:

By material:

• Leather footwear
• Rubber footwear
• Waterproof footwear
• Plastic footwear

By application:

• Construction
• Oil & gas
• Manufacturing
• Mining
• Chemicals
• Others (Pharmaceuticals, Food, and Transportation)

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa