The 2023-2028 World Outlook for Protective Footwear
This study covers the world outlook for protective footwear across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
This study covers protective footwear as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").
The NAICS code for protective footwear is 3162111. It is for this definition that aggregate latent demand estimates are derived. Protective footwear is specifically defined as follows:
3162111 Protective footwear
31621110 Protective footwear
31621111 Protective footwear
31621112 Plastics or fabric upper protective footwear
3162111000 Protective footwear
3162111100 Protective footwear
3162111111 Rubber upper protective boots, lumberman, and PACS
3162111121 Rubber (light and heavy) upper protective arctics and gaiters
3162111211 Plastics or fabric upper protective footwear, slush molded
3162111221 Plastics or fabric upper protective footwear, injection molded
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