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The global industrial protective footwear industry is projected to grow at the significant growth rate in the near future due to rise in introduction of innovative products from key players. For instance, Rock Fall develops first Electrical Safety footwear available in Europe. The newly launched product by Rock Fall is certified against European and International Electrical Hazard standards and is designed to protect wearers against electrical risks up to 18kV in accordance with the ASTM F2412-11 test method. The risk of electric shocks are increasing as the importance of hybrid and fully electric vehicles continues to grow which is influencing demand of high quality safety shoes.
Innovation in Safety Footwear to Drive the Growth of the Industrial Protective Footwear Market
Growing acceptance of ergonomically designed protective footwear from various industries is one of the major factor driving the market growth from last few years. Key players are investing on development of ergonomically designed footwear as it has a greater influence on the body movement and weight which is major parameters for high quality safety footwear. Additionally, industrial protective footwear help to reduce strain and lead to sufficient support of the feet. This is driving industrial approach toward designing and manufacturing safety footwear, which is influencing the market growth.
Leather Footwear to Witness Significant Demand during Forecast Period
Leather industrial safety shoes holds the significant market share and are expected to retain their dominance during the forecast period 2018 to 2023. Leather suppliers across the globe are witnessing huge demand from industry safety shoes manufacturers as leather is a non-conductive material and is significantly used in protective footwear to offer safety against harmful electric shocks. A large number of local manufacturers are producing cheap safety shoes by using spurious and low-quality materials which is restraining the market growth. The key players in safety shoes are facing strong competition, due to the rising preference among consumers for locally made inexpensive shoes.
Asia-Pacific Region to Witness Increase in Demand for Leather Boots
Asia-Pacific region is expected to emerge as a leading market over the forecast period. The growth in this region is mainly driven by the introduction of regulations that mandate the usage of safety shoes in the work environment along with occupational safety standards. Growing adaptation of health and safety practices, in order to reduce workplace fatalities, are expected to surge the product demand for protective footwear over the forecast period. The significant growth of construction industry in developing economies such as India and China is supporting the market growth in the region. In North America, the rising demand for industrial safety shoes in the region can be attributed to the growth of markets coupled with stringent legislations in the US. Additionally, North America will also witness demand for women’s safety shoes, which is influencing the sales of safety shoes in the region.
Key Developments in the Industrial Protective Footwear Market
Jun 2018: Night Tech Gear, creators of the first industrial shoe lighting system, has announced Night Shift Shoe Lights. The Night Shift Shoe Lights are the latest addition to the Night Tech Gear product line, designed to help workers identify potential hazards and reduce workplace falls.
Jun 2018: The government of India has asked ministries, departments, public sector units and defence forces to give preference to domestic leather products, as it looks to give a boost to the leather and footwear industry which will create huge impact on prices of leather safety shoes.
Industrial Protective Footwear Market Major Key Players
Bata
Honeywell
JAL Group
COFRA
Dunlop Boots
Hewats Edinburgh
Rahman Group
Rock Fall Ltd.
Uvex Safety Group
KARAM
Zain International
SIMON
Reasons to Purchase Industrial Protective Footwear Market Report
Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
3-month analyst supports, along with the Market Estimates sheet in excel
Customization of Industrial Protective Footwear Market Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
Innovation in Safety Footwear to Drive the Growth of the Industrial Protective Footwear Market
Growing acceptance of ergonomically designed protective footwear from various industries is one of the major factor driving the market growth from last few years. Key players are investing on development of ergonomically designed footwear as it has a greater influence on the body movement and weight which is major parameters for high quality safety footwear. Additionally, industrial protective footwear help to reduce strain and lead to sufficient support of the feet. This is driving industrial approach toward designing and manufacturing safety footwear, which is influencing the market growth.
Leather Footwear to Witness Significant Demand during Forecast Period
Leather industrial safety shoes holds the significant market share and are expected to retain their dominance during the forecast period 2018 to 2023. Leather suppliers across the globe are witnessing huge demand from industry safety shoes manufacturers as leather is a non-conductive material and is significantly used in protective footwear to offer safety against harmful electric shocks. A large number of local manufacturers are producing cheap safety shoes by using spurious and low-quality materials which is restraining the market growth. The key players in safety shoes are facing strong competition, due to the rising preference among consumers for locally made inexpensive shoes.
Asia-Pacific Region to Witness Increase in Demand for Leather Boots
Asia-Pacific region is expected to emerge as a leading market over the forecast period. The growth in this region is mainly driven by the introduction of regulations that mandate the usage of safety shoes in the work environment along with occupational safety standards. Growing adaptation of health and safety practices, in order to reduce workplace fatalities, are expected to surge the product demand for protective footwear over the forecast period. The significant growth of construction industry in developing economies such as India and China is supporting the market growth in the region. In North America, the rising demand for industrial safety shoes in the region can be attributed to the growth of markets coupled with stringent legislations in the US. Additionally, North America will also witness demand for women’s safety shoes, which is influencing the sales of safety shoes in the region.
Key Developments in the Industrial Protective Footwear Market
Jun 2018: Night Tech Gear, creators of the first industrial shoe lighting system, has announced Night Shift Shoe Lights. The Night Shift Shoe Lights are the latest addition to the Night Tech Gear product line, designed to help workers identify potential hazards and reduce workplace falls.
Jun 2018: The government of India has asked ministries, departments, public sector units and defence forces to give preference to domestic leather products, as it looks to give a boost to the leather and footwear industry which will create huge impact on prices of leather safety shoes.
Industrial Protective Footwear Market Major Key Players
Bata
Honeywell
JAL Group
COFRA
Dunlop Boots
Hewats Edinburgh
Rahman Group
Rock Fall Ltd.
Uvex Safety Group
KARAM
Zain International
SIMON
Reasons to Purchase Industrial Protective Footwear Market Report
Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
3-month analyst supports, along with the Market Estimates sheet in excel
Customization of Industrial Protective Footwear Market Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
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