Industrial protective footwear provides protection against injuries caused due to harsh industrial conditions. Industrial protective footwear is manufactured using different materials such as leather, rubber, and plastic. The construction, mining, manufacturing, chemicals, oil and gas, pharmaceutical, food, and transportation industries are some of the major end-users of industrial protective footwear.
Market Dynamics
Manufacturers are adopting various foot safety protection programs related to training, fit testing, maintenance, and inspection, in order to protect employees is expected to fuel the market growth. These safety programs mandate employers to follow strictly safety regulations at the workplace. Moreover, these programs also help save the company’s expenses, workers' compensation, and healthcare expenses. Thus, the growing adoption of safety programs by various manufacturers is expected to augment the market growth.
Protective footwear made from leather are gaining traction in the market as leather materials provide protection against burns, punctures, chemical spills, falling objects, hazards, and harsh weather conditions. Leather materials are non-conductive in nature which also offers safety against harmful electric shocks. Also, the growing production of leather is further creating demand for protective footwear. This is expected to propel the market growth of industrial protective footwear.
However, Lack of awareness regarding the industrial protective footwear among employees in small and mid-sized industries is expected to inhibit market growth over the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the global industrial protective footwear market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global industrial protective footwear market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- The key companies covered as a part of this study include JAL Group, COFRA Holding AG, ELTEN GmbH, Oftenrich Holdings Company Limited (Golden Chang), Honeywell Safety Products, Rahman Group, Rock Fall Ltd., Saina Group Co. Ltd., and VF Corporation
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up-gradation, market expansion, and marketing tactics
- The global industrial protective footwear market report caters to various stakeholders in this industry including investors, suppliers, sodium propionate manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing industrial protective footwear.
Detailed Segmentation:
- Global Industrial Protective Footwear Market, By Type:
- Leather footwear
- Waterproof footwear
- Rubber footwear
- Plastic footwear
- Global Industrial Protective Footwear Market, By Application:
- Construction
- Manufacturing
- Mining
- Oil and Gas
- Chemicals
- Food
- Pharmaceuticals
- Transportation
- Global Industrial Protective Footwear Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- JAG Group
- COFRA Holding AG
- ELTEN GmbH
- Oftenrich Holdings Company Limited (Golden Chang)
- Honeywell Safety Products
- Rahman Group
- Rock Fall Ltd.
- Saina Group Co. Ltd.
- VF Corporation