Global Safety Footwear Market, By Product (Shoes, Boots), Material (Plastics, Rubber, Leather, Others), Application (Construction, Oil & Gas, Food, Pharmaceuticals, Mining, Transportation, Manufacturing, Chemicals, Others), Country (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) - Industry Trends and Forecast to 2030.
Safety Footwear Market Analysis and Size
Safety footwear can be defined as layering and protection footwear that is produced for specific purposes and protection against specific circumstances and elements. These categories of footwear have been reinforced and enhanced for rough and tough use. This footwear has been produced with specific materials that protect the wearer in many applications such as during mining, construction, and various other activities from many industries.
Some of the prime factors such as the rising concerns and awareness regarding worker and workplace safety along with stringent legislations, rising intensifying product usage across various industries, rising employment in industrial and utilities activities requiring protection and safety clothing and accessories, rising adoption of these inexpensive shoes, rising introduction of occupational safety standards and compliance with stiff regulations, and rising demand for safety shoes are expected to drive market growth. Moreover, the rising introduction of technologically advanced footwear, rising R&D activities, and increasing untapped geographical regions are further expected to create new opportunities for market growth in the forecast period.
However, the rising presence of fake and cheaper products that compromise on quality and assurance from various local players in the market is one of the major factors expected to restrain market growth in the forecast period.
Data Bridge Market Research analyses that the safety footwear market, which was USD 10.09 billion in 2022, would rocket up to USD 16.16 billion by 2030, and is expected to undergo a CAGR of 6.07% during the forecast period. “Leather” dominates the material segment of the market due to the appealing appearance of leather boots, the flexibility of leather material, and the quality that leather shoes offer.
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 behavior.
Safety Footwear Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Product (Shoes, Boots), Material (Plastics, Rubber, Leather, Others), Application (Construction, Oil & Gas, Food, Pharmaceuticals, Mining, Transportation, Manufacturing, Chemicals, Others)
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Countries Covered
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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
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Market Players Covered
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Dunlop Protective Footwear (Netherlands), Honeywell International Inc. (U.S.), Wolverine (U.S.), uvex group (Germany), Elten GmbH (Germany), RAHMAN GROUP (India), and Anbu Safety Industrial Co.,Ltd. (China) among others
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Market Opportunities
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Market Definition
Safety footwear refers to specially designed footwear worn in various hazardous work environments to protect the feet from potential injuries. These types of footwear are commonly used in industries such as construction, manufacturing, mining, and agriculture, where there are risks of falling objects, punctures, electrical hazards, and other potential foot injuries.
Global Safety Footwear Market Dynamics
Drivers
- Occupational Safety Regulations
Government regulations and standards pertaining to occupational safety play a significant role in driving market growth. Regulations mandating the use of safety footwear in various industries, such as construction, manufacturing, mining, oil and gas, and transportation, create a strong demand for these products.
- Increasing Focus on Workplace Safety
There is a growing emphasis on workplace safety across industries globally. Employers are increasingly recognizing the importance of providing a safe working environment for their employees. This focus on safety drives the demand for safety footwear as an essential part of Personal Protective Equipment (PPE)
Opportunity
- Technological Advancements
Advancements in materials and manufacturing technologies have improved the quality and performance of safety footwear. Manufacturers are incorporating innovative features such as lightweight materials, breathable fabrics, anti-fatigue technology, and enhanced slip resistance to meet customer demands. Technological advancements contribute to market growth by offering improved comfort, durability, and protection.
Restraints/Challenges
- High Costs
Safety footwear often comes with a higher price tag compared to regular footwear due to the specialized materials, design features, and manufacturing processes involved. The higher cost of safety footwear can be a deterrent for some businesses, particularly Small and Medium-Sized Enterprises (SMEs) with limited budgets. Cost considerations can affect the adoption of safety footwear, especially in price-sensitive markets.
- Lack of Awareness and Education
Despite increasing awareness of workplace safety, there is still a lack of awareness and education about the importance of safety footwear in some industries and regions. Some employers and employees may underestimate the risks and potential foot injuries in their work environments, leading to lower demand for safety footwear. Insufficient knowledge about safety standards and regulations can also hinder market growth.
The global safety 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 this 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 Developments
- In October 2022, Xena Workwear announced the launch of the Valence SD shoe. The Valence SD shoe is a Chelsea boot that was dissipative in nature and came with elastic side panels on both sides. One variant was made from LWG Certified leather in a chestnut shade, and the second material that was used for Valence SD shoes was vegan leather in the onyx shade
- In August 2022, Indian-based Mallcom India, an integrated manufacturer of head-to-toe personal protection equipment, entered a new segment with the introduction of aesthetically designed safety shoes- FREDDIE. Mallcom India’s FREDDIE shoe range is aimed at protecting workers from all hazardous work environments.
Global Safety Footwear Market Scope
The global safety footwear market is segmented into three notable segments based on product, material, and application. The growth amongst these segments will help you analyze meager 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.
Product
- Shoes
- Boots
Material
- Plastics
- Rubber
- Leather
- Others
Application
- Construction
- Oil & Gas
- Food
- Pharmaceuticals
- Mining
- Transportation
- Manufacturing
- Chemicals
- Others
Global Safety Footwear Market Regional Analysis/Insights
The global safety footwear market is analyzed and market size insights and trends are provided by product, material, and application as referenced above.
The countries covered in this 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, and Rest of Middle East and Africa.
Europe is expected to dominate the global safety footwear market due to the increasing concerns towards worker safety along with stringent legislations, rising intensifying product usage across various industries, rising employment in industrial and utilities activities requiring protection and safety clothing and accessories, growing industrial sector, significant regulatory pressures, tax incentives & duty rationalization, increasing labor force, improved technical support, and rising awareness about the price-performance ratio of products in this region.
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 downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and 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 Safety Footwear Market Share Analysis
The global safety footwear market competitive landscape provides details of 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, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the global safety footwear market are:
- Dunlop Protective Footwear (Netherlands)
- Honeywell International Inc. (U.S.)
- Wolverine (U.S.)
- uvex group (Germany)
- Elten GmbH (Germany)
- RAHMAN GROUP (India)
- Anbu Safety Industrial Co.,Ltd. (China)
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