Industrial Protective Footwear Market Trends

  • Report ID: 61
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Industrial Protective Footwear Market Trends

Growth Drivers

  • Increasing Demand for High-Quality Safety Shoes to Boost Market Growth

  • Strict Government Rules and Protocols Regarding Safety of Workers in Manufacturing Sector to Expand Market

Challenges

  • Availability of Low Quality Products to Hinder Market Growth

Industrial Protective Footwear Market: Key Insights

Regionally, the industrial protective footwear market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in Europe is estimated to witness noteworthy growth over the forecast period on the back of introduction of standards and compliance by government to curb the risks associated with occupational dangers. The growing presence of protective footwear manufacturers is also anticipated to drive growth to the market in this region. Furthermore, the market in Asia Pacific is projected to occupy the largest share in the market during the forecast period owing to the rising demand for industrial safety shoes and the rapid expansion of construction sector, especially in developing nations. For instance, China is the largest market for construction in the world, amounting to more than $ 1 billion in 2020. Growing consciousness of employers to improve working conditions is another factor evaluated to fuel the progress of the market in this region. 

Industrial Protective Footwear Market Image

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The industrial protective footwear market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Base Year

2024

Forecast Year

2025-2037

CAGR

5.90%

Base Year Market Size (2024)

USD 11.46 billion

Forecast Year Market Size (2037)

USD 24.15 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 61
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of industrial protective footwear is evaluated at USD 12.03 billion.

Industrial Protective Footwear Market size was over USD 11.46 billion in 2024 and is projected to reach USD 24.15 billion by 2037, growing at around 5.9% CAGR during the forecast period i.e., between 2025-2037.

Europe industry is estimated to account for largest revenue share by 2037, driven by introduction of standards and compliance by government to curb the risks associated with occupational dangers.

The major players in the market are Honeywell International Inc., Dunlopboots, VF Corporation, Rock Fall (UK) Ltd, UVEX WINTER HOLDING GmbH & Co. KG, Wolverine World Wide, Inc., Elten GmbH, and others.
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