Industrial Safety Footwear Market to Grow with a CAGR of 6.6% Globally through to 2028
Increasing awareness of
workplace safety, growing demand for durable and comfortable footwear are
factors driving the global industrial safety footwear market in the forecast period 2024-2028.
According to TechSci Research report, “Global Industrial
Safety Footwear Market - Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Industrial Safety Footwear
Market stood at USD 5.2 billion in 2022 and is anticipated to grow with a CAGR
of 6.6% in the forecast period, 2024-2028. This growth is primarily attributed
to increased awareness of occupational safety, stringent regulations, and
technological advancements.
The global industrial protective footwear industry is
projected to grow significantly shortly due to increased awareness regarding
employee safety in industrial facilities. Manufacturers are focused on the type
of material used in making industrial footwear as end-users are keen on the
material’s efficiency. Thus, players are focused on offering products with
multi-functional benefits and standard quality as per government regulations.
Browse over 26 market data Figures spread
through 182 Pages and an in-depth TOC on "Global Industrial Safety Footwear Market”
The Industrial Safety Footwear market is expected to
continue its growth trajectory due to regulatory mandates, technological
innovations, and changing consumer preferences. Manufacturers emphasizing
sustainability, user comfort, and collaborative approaches are likely to
succeed in this dynamic market. The Industrial Safety Footwear market plays a
crucial role in ensuring workplace safety across various industries on a global
scale. The Industrial Safety Footwear market is a critical segment within the
broader Personal Protective Equipment (PPE) market, encompassing a wide range
of footwear designed to protect workers from various occupational hazards. As
industries worldwide prioritize worker safety and regulatory bodies enforce
stringent standards, the Industrial Safety Footwear market has experienced
significant growth and transformation.
The global Industrial Safety Footwear
market has witnessed substantial growth in recent years, driven by a confluence
of factors such as increased awareness of occupational safety, stringent
regulatory frameworks, and advancements in technology. The market size is
influenced by the demand from diverse industries, including manufacturing,
construction, oil and gas, healthcare, and transportation.
For the duration of the forecast period,
it is anticipated that strict mining safety regulations and raised employee
awareness of personal safety in the majority of industries will drive regional
product demand. The need for safety footwear in the area has also been fueled
by regulatory bodies like OSHA, the National Institute for Occupational Safety
and Health (NIOSH), and the Environmental Protection Agency (EPA) issuing rules
for monitoring activities related to asbestos exposure. A recent development in
the business is the use of lighter composite materials in shoe manufacturing.
Prominent producers are creating materials and solutions that fit together to
provide safety, comfort, and style in a single shoe. The goal of these industry
modifications is to persuade both men and women to wear appropriate footwear to
work.
The Global Industrial Safety Footwear Market is
segmented into type, application, distribution channel, regional distribution,
and company.
Based on type, with the major share in global
revenue in 2022, the leather protective footwear category led the industry.
Because of the attractive look of leather boots, the suppleness of leather, and
the superior quality that leather shoes provide, it is anticipated that the
market for leather protective footwear items will grow.
Based on application, in
2022 the manufacturing sector held a dominant position in the market, of the
global revenue share. The market for protective footwear is expected to be driven
by the manufacturing sector since this industry's expanding workforce is
expected to increase product demand for worker protection and lower overhead
costs like compensation
Based on region, In 2022, Europe held a dominating
share of the worldwide revenue market. Due to an increase in injuries and a
demand for highly efficient, high-utility protective gear that is resistant to
wear and tear, the European manufacturing and oil and gas industries drove the
protective footwear market's growth. It is anticipated that Germany's expanding
population and demographic trends would increase demand for residential
building.
Major companies operating in Global Industrial
Safety Footwear Market are:
- JAL
Group
- COFRA S.r.l
- Dunlop Boots
- Hewats Edinburgh
- Honeywell International Inc
- RAHMAN Group
- Rock Fall (UK) Ltd
- Uvex Group
- VF Corporation
-
Wolverine
Download Free Sample Report
Customers can also request for 10%
free customization on this report.
“The Industrial Safety Footwear market is experiencing
robust growth driven by heightened global awareness of occupational safety,
stringent regulatory compliance, and technological advancements. As industries
prioritize the well-being of their workforce, there's an increasing demand for
high-quality safety footwear across diverse sectors. The market's expansion is
further fueled by the integration of smart technologies, sustainable practices,
and a focus on ergonomic designs that enhance user comfort. With a compound
annual growth rate (CAGR) reflecting sustained momentum, the Industrial Safety
Footwear market continues to evolve, ensuring the safety and protection of
workers worldwide.,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based management consulting firm.
“Industrial
Safety Footwear Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Type (Leather, Rubber, Plastic, Others), By Application
(Construction, Manufacturing, Mining, Oil And Gas, Chemical, Food,
Pharmaceuticals, Transportation, Others), By Distribution Channel (Offline,
Online), By Region, By Competition, 2018-2028”, has evaluated the
future growth potential of Global Industrial Safety Footwear Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Industrial Safety Footwear Market.
Contact Us-
TechSci
Research LLC
420
Lexington Avenue, Suite 300,
New
York, United States- 10170
M:
+13322586602
Email: [email protected]
Website: www.techsciresearch.com