Industrial Protective Footwear Global Market to Reach $11 Billion by 2031 at a 7.9% CAGR

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Dec 07, 2022, 08:00 ET

DUBLIN, Dec. 7, 2022 /PRNewswire/ -- The "Industrial Protective Footwear Market By Type, By Application, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020-2031" report has been added to ResearchAndMarkets.com's offering.

The global industrial protective footwear market was valued at $4,217.30 million in 2020, and is projected to reach $11,027.00 million by 2031, growing at a CAGR of 7.9% from 2022 to 2031. Industrial protective footwear includes safety footwear used for worker's safety across different industries such as construction, manufacturing, chemical, pharmaceuticals, oil & gas, food, transportation, and mining among others. The concerns for workplace safety are rising due to stringent regulations mandating a high standard of occupational and worker safety norms across the organizations. A variety of safety footwear is used at present, namely, waterproof footwear, rubber footwear, leather footwear, and plastic footwear among others.

Rapid industrial development has led to rise in the number of worker accidents along with the implication of strict regulations, thus driving the market growth. The impact of these regulations is expected to increase in the coming years.

Rise in health concerns and occupational safety in many countries increases the use of safety shoes in various industries. Worker safety issues are being addressed and industrialists are focusing on improving the safety standards, owing to which there is an increase in the demand for safety footwear globally.

Lack of industrial awareness related to personal protection restrains the market growth. However, the introduction of technologically advanced footwear and untapped regions offer ample of opportunities for the development of industrial personal protection products including footwear. The demand for safety shoes is expected to increase in the emerging markets of China, India, Japan, and South Africa among others, due to surge in regulatory actions supported by the International Labor Organization (ILO).

Key Benefits For Stakeholders

This report provides a quantitative analysis of the current industrial protective footwear market trends, estimations, and dynamics from 2020 to 2031, which assist to identify the prevailing industrial protective footwear market opportunities.
Major countries in each region have been mapped based on revenue contribution to the global market.
Market player positioning of the industry has been provided to provide a clear understanding of their competitive strengths.
Porter's five forces analysis is used to illustrate the potential of suppliers and buyers in the industry.
Comprehensive analysis of factors that drive and restrict the growth of industrial protective footwear is provided.
The report focuses on the regional & global market, the key players, and market segments apart from a detailed study on the divisions and application areas.

Key Market Segments

By Type

Leather Footwear
Waterproof Footwear
Rubber Footwear
Plastic Footwear

By Application

Construction
Manufacturing
Mining
Oil And Gas
Chemical
Food
Pharmaceuticals
Transportation

By Distribution Channel

Offline
Online

By Region

North America
U.S.
Canada
Mexico
Europe
Italy
U.K.
Germany
France
Rest of Europe
Asia-Pacific
Japan
Australia
China
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

Key Market Players

Rahman Group
Honeywell Safety Products
Oftenrich Holdings Co. Ltd.
COFRA Holding AG
Saina Corporation Co. Ltd.
Jal Group
Elten
UVEX Safety Group
VF Corporation
Rock Fall Ltd.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW

CHAPTER 4: INDUSTRIAL PROTECTIVE FOOTWEAR MARKET, BY TYPE

CHAPTER 5: INDUSTRIAL PROTECTIVE FOOTWEAR MARKET, BY APPLICATION

CHAPTER 6: INDUSTRIAL PROTECTIVE FOOTWEAR MARKET, BY DISTRIBUTION CHANNEL

CHAPTER 7: INDUSTRIAL PROTECTIVE FOOTWEAR MARKET, BY REGION

CHAPTER 8: COMPANY LANDSCAPE

CHAPTER 9: COMPANY PROFILES