Industrial Protective Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global industrial protective footwear market size reached US$ 9.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
Industrial protective footwear refers to functional footwear that is designed to provide protection and comfort to the industrial workers from accidents in high-risk physical labor tasks, such as moving machinery and electrical contacts during industrial work. The primary characteristics of industrial safety footwear include comfort, safety, innovation, and aesthetic value. Extensively incorporating advanced features, including improved slip resistance, increased support for the arch and heel, and reduction of foot fatigue, this type of footwear ensures the safety of the workers, thereby improving their working efficiency. Rubber, leather, and plastics are some of the widely used varieties of materials used in manufacturing such footwear. The availability of cost-effective variants offered by local manufacturers is providing a significant boost to the sales of industrial protective footwear on the global level.
Industrial Protective Footwear Market Trends:
The global market is primarily driven by the rising adoption of health and safety practices to reduce workspace fatalities. This is further supported by the poor working conditions and extended work hours of industrial workers, which, in turn, is propelling the market growth. In line with this, the introduction of favorable government regulations mandating the usage of safety shoes in several work environments, coupled with the stringent implementation of occupational safety standards, is also acting as a major growth-inducing factor. Moreover, considerable expansion in the construction and heavy machinery industries is supporting the growth of the market. In addition to this, rapid industrial development, the increasing awareness regarding worker safety across the industrial sector, and the easy availability of product variants via offline and online organized retail sectors are contributing to the sales of industrial protective footwear across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial protective footwear market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product, distribution channel and application.
Breakup by Type:
Leather Footwear
Waterproof Footwear
Rubber Footwear
Plastic Footwear
Breakup by Product:
Shoes
Boots
Breakup by Distribution Channel:
Offline
Online
Breakup by Application:
Construction
Manufacturing
Mining
Oil and Gas
Chemical
Pharmaceuticals
Transportation
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bata Corporation, Caterpillar Inc., COFRA Holding AG, Dunlop Protective Footwear, ELTEN GmbH, Hillson Footwear Pvt. Ltd., Honeywell International Inc., Rahman Group, Rock Fall (UK) Ltd., Saina Group Co. Ltd., uvex group and Wolverine World Wide Inc.
Key Questions Answered in This Report
1. What was the size of the global industrial protective footwear market in 2022?
2. What is the expected growth rate of the global industrial protective footwear market during 2023-2028?
3. What has been the impact of COVID-19 on the global industrial protective footwear market?
4. What are the key factors driving the global industrial protective footwear market?
5. What is the breakup of the global industrial protective footwear market based on the type?
6. What is the breakup of the global industrial protective footwear market based on the product?
7. What is the breakup of the global industrial protective footwear market based on the distribution channel?
8. What is the breakup of the global industrial protective footwear market based on the application?
9. What are the key regions in the global industrial protective footwear market?
10. Who are the key players/companies in the global industrial protective footwear market?
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook