Global Protective Footwear Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 4,636.30 Million |
Market Size (Forecast Year) |
USD 6,480.37 Million |
CAGR |
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Major Markets Players |
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Global Protective Footwear Market, By Material (Waterproof, Rubber, Leather, Plastic, and Polyurethane), Type (Shoes, Boots), Applications (Manufacturing, Construction, Mining, Oil and Gas, Chemicals, Food, Pharmaceutical, and Transportation) - Industry Trends and Forecast to 2030.
Protective Footwear Market Analysis and Size
The primary characteristics of industrial safety footwear are safety, innovation, comfort, and aesthetic value. Over the years, global shoe manufacturers have focused on incorporating these features into their products to provide workers a safe workplace and comfort.
Data Bridge Market Research analyses that the global protective footwear market which was USD 4,636.30 million in 2022, is expected to reach USD 6,480.37 million by 2030, and is expected to undergo a CAGR of 4.9% during the forecast period of 2023 to 2030. “Leather” dominates the material segment of the global protective footwear market due to its durability, comfort, and versatility, making it a preferred choice across various applications, including manufacturing, construction, and transportation. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Protective Footwear Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Material (Waterproof, Rubber, Leather, Plastic, and Polyurethane), Type (Shoes, Boots), Applications (Manufacturing, Construction, Mining, Oil and Gas, Chemicals, Food, Pharmaceutical, and Transportation) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa |
Market Players Covered |
Bata Brand (India), Honeywell International Inc. (U.S.), Wolverine World Wide Inc. (U.S.), Rahman Group (India), Dunlop Protective Footwear (Portugal), VF Corporation (U.S.), Uvex group (Germany), Hewat's Edinburgh (U.K.), ELTEN GmbH (Germany), COFRA Holding (Switzerland), Rock Fall Ltd. (U.K.), and Oftenrich Holdings Co. Ltd. (U.S.) |
Market Opportunities |
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Market Definition
Protective footwear is a type of protective industrial gear designed to protect the feet from a wide range of construction related injuries. Protective footwear combines safety shoes and safety boots in a variety of furniture based on the functions or protective criteria. Compression, impact, and puncture are the most common types of workplace foot casualties. Protective footwear reduces the impact of casualties by providing a barrier between the customer and the working environment.
Global Protective Footwear Market Dynamics
Driver
- Improvement of Safety Regulations and the Rapid Technological Advancement
An industrial accident is always an unexpected, unwelcome, and sudden event in an industrial setting that disrupts the orderly progression of any work. It has the potential to cause harm to people while they are employed. The global protective footwear market is expected to grow shortly due to technological advancements and improved safety regulations and standards. Protective footwear is required to ensure the safety of one's feet and legs in such situations, which is expected to drive growth in the global protective footwear market in the near future.
Opportunity
- Awareness and Developments
Manufacturers have developed various foot safety protection programmes for machine maintenance, training, inspection, selection, and fit testing to protect workers from such foot injuries in various industrial settings. These foot-related safety programmes require manufacturers to adhere to the stringent safety standards outlined in the programmes, thereby saving workers' lives and employers' money. It also reduces or eliminates lost production time, medical expenses, and worker compensation resulting from such situations. These advantages are likely to broaden the scope of the global protective footwear market growth in the near future.
Restraint/Challenge
- Rise of Counterfeit Products
Several private label key players are aiming to manufacture low-cost protective shoes using low-quality and counterfeit materials, which is slowing the growth of the global protective footwear market. The growing demand among users for locally made low-cost shoes has created a difficult challenge in the global protective footwear market.
This global protective footwear market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global protective footwear market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
- In August 2022, Blundstone, a prominent safety footwear brand, has unveiled its innovative RotoFlex series of safety boots, incorporating BASF's Infinergy Expanded Thermoplastic Polyurethane (E-TPU) technology. Infinergy offers remarkable comfort, rebounding 55% energy with each step, and is lighter than traditional materials, reducing wearer fatigue. Its soft and elastic properties provide continuous cushioning and excellent shock absorption, ensuring comfort during long workdays
Global Protective Footwear Market Scope
The global protective footwear market is segmented on the basis of material, type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Waterproof
- Rubber
- Leather
- Plastic
- Polyurethane
Type
- Shoes
- Boots
Applications
- Manufacturing
- Construction
- Mining
- Oil and Gas
- Chemicals
- Food
- Pharmaceutical
- Transportation
Global Protective Footwear Market Regional Analysis/Insights
The global protective footwear market is analysed and market size insights and trends are provided by material, type, and application are referenced above.
The countries covered in the global protective footwear market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
Europe region is dominating the global protective footwear market because of the region's widespread presence of key security shoe players. The application of standards and compliance with strict administrations accepting the use of protective shoes at the workplace is expected to drive regional product demand growth during the forecast period 2023-2030.
Asia-Pacific region had the highest growth rate in the global protective footwear market as a result of the introduction of administrations that help in the utilisation of security shoes in work conditions, in conjunction with occupational safety standards. Increasing acceptance of health and safety practises in order to reduce workplace casualties is expected to drive an increase in product demand for safety footwear during the forecast period 2023-2030.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Protective Footwear Market Share Analysis
The global protective footwear market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the global protective footwear market.
Some of the major players operating in the global protective footwear market are:
- Bata Brand (India)
- Honeywell International Inc. (U.S.)
- Wolverine World Wide Inc. (U.S.)
- Rahman Group (India)
- Dunlop Protective Footwear (Portugal)
- VF Corporation (U.S.)
- Uvex group (Germany)
- Hewat's Edinburgh (U.K.)
- ELTEN GmbH (Germany)
- COFRA Holding (Switzerland)
- Rock Fall Ltd. (U.K.)
- Oftenrich Holdings Co. Ltd. (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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