Infinium Global Research has added
a new report on Industrial
Protective Footwear Market. The report presents analysis of global as
well as regional markets of industrial protective footwear market over the
period of 2016 to 2024. Protective footwear
is fitted with toecaps designed to ensure
protection against impact when tested at an energy level of at least 100 J and
against compression when tested at a compression load of at least 10 kN. The
implementation of stringent regulations for workplace safety, growing concerns
among organizations regarding the benefits of safety gears, and development of
global manufacturing industry are few of the factors helping to boost the
growth of the industrial protective footwear market. Industrial protective
footwear improves the safety of the workplace.
Additionally, several industries such as mining, food, manufacturing,
pharmaceuticals, transportation, construction, oil and gas, and chemicals are
employing advanced protective footwear at their workplaces in a strict manner to reduce the human injury and
financial loss to the organization.
However,
factors such as lack of awareness about
protective footwear among workers in small and mid-sized industries in
developing countries and growing preference of substandard protective footwear
materials by several organizations are restraining the growth of this market in
short and medium term. North America and
Europe held the leading share in the global industrial protective footwear
market due to the developed industrial
sector, stringent government rules concerning the safety of human being and
provision of financial compensation in case of injury to workers. Additionally,
growth in demand for strong safety
measure in working place by labor unions and implementation of a government initiative
of workers safety measures in true spirit
is expected to boost the market in the medium and long-term.
North America and Europe held the leading share in
the global industrial protective footwear market due to the developed industrial sector, stringent government
rules concerning the safety of human being and provision of financial
compensation in case of injury to workers. Furthermore, the Europe industrial
footwear market is expected to grow over at a good CAGR in the coming years due to the presence of several
shoe manufacturing firms in countries such as the U.K., Spain, Italy, France,
and Germany. The increasing government
regulations in Asia Pacific region regarding workplace safety is most likely to boost the
demand for industrial protective
footwear in the Asia Pacific region, especially in China and India. These regions
are expected to boost the demand for
protective footwear due to growing industrialization, the growth of the construction
sector. Additionally, the growth of
several industries as chemical, pharmaceutical, iron, and steel industries are helping to boost the demand for industrial protective footwear products in
this region. Moreover, the growth matrix presented by Infinium Global Research
identifies the key investment markets in the near future, this will not only
help the companies to understand the competitive position in the global
industrial protective footwear market but also make strategic decisions to
capture the most lucrative markets in the near future. The market size is
presented in terms of value for the historic year 2016 and estimated for
forecast period of 2018-2024.
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15% discount for early purchase of global industrial protective footwear market
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The recent report identified that
North America dominated the global industrial protective footwear market over
the last couple of years, while emerging markets of Asia-Pacific and Latin
America are anticipated to contribute significantly to the growth in the
industrial protective footwear market worldwide.
The report segments the global industrial
protective footwear market on the basis of Type and Application.
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
·
Chemical
·
Food
·
Pharmaceuticals
·
Transport
Companies Profiled in the Report
·
JAL Group
·
COFRA
·
Dunlop Boots
·
Hewats Edinburgh
·
Honeywell Safety Products
·
Rahman Group
·
Rock Fall Ltd.
·
Uvex Safety Group
·
VF Corporation
·
Wolverine
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