Industrial Protective Footwear Market Growth Till, 2016-2024 : Variant Market Research


Posted December 26, 2017 by manojkumkar

Global Industrial Protective Footwear Market is estimated to reach $6,940 Million by 2024; growing at a CAGR of 7.7% from 2016 to 2024.

 
According to the latest report published by Variant Market Research, the global industrial protective footwear market is estimated to reach $6,940 Million by 2024 from $3,847 Million in 2016, at a CAGR of 7.7% from 2016 to 2024.

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Government rules compelling the acceptance across many fields to drive the global industrial protective footwear market

The global industrial protective footwear market is driven by factors such as government rules compelling the acceptance across many fields, increasing concern about safety of employees, high demand for eco-friendly products, and growth in numerous sectors such as chemical and pharmaceuticals. Growing demand for automation may hamper the market growth. Furthermore, increasing construction projects in emergent economies would provide an opportunity for market players of industrial protective footwear market.

Market Segmentations

The global industrial protective footwear market is classified into product type, application, and geography. Product type segment includes waterproof footwear, leather footwear, rubber footwear, and plastic footwear. Manufacturing, construction, mining, chemicals, food, pharmaceuticals, oil and gas, & transportation are covered under the application sub segment. North America (U.S., Mexico, and Canada), Europe (France, Germany, UK, and Rest of Europe), Asia-Pacific (Japan, China, India, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in the global industrial protective footwear market.

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Leather footwear, by product type, is estimated to dominated the global market in 2016

Leather footwear held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to high use of leather in safety shoes to offer protection against fatal electric shocks owing to its non-conductivity.

Construction, by application, is estimated to dominated the global market in 2016

Construction held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to the increasing number of workplace accidents, which fueled the acceptance of industrial shoes among infrastructure developers to advance occupation safety.
RoW is estimated to witness fastest CAGR from 2016 to 2024
RoW is predicted to grow at a fastest CAGR over the forecast period 2016 to 2024. The growth is attributed to increasing foreign investments, and booming manufacturing and construction sectors in these regions.

Competitive Landscape

The key market players of the market are Uvex Group, Honeywell International Inc, Anbu Safety Industrial Co. Ltd., COFRA Holding AG, V.F Corporation, JAL Group France SAS, Rock Fall Ltd, Hewats Edinburgh, Dunlop Boots, and Rahman Group, among others.

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Scope of Global Industrial Protective Footwear Market
Product Type Segments
• Leather Footwear
• Waterproof Footwear
• Rubber Footwear
• Plastic Footwear

Application Segments
• Construction
• Manufacturing
• Mining
• Oil & Gas
• Chemicals
• Food
• Pharmaceuticals
• Transportation

Geographical Segments
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Others
• Asia-Pacific
o India
o China
o Japan
o Others
• RoW
o South America
o Middle East
o Africa

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Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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Issued By Manoj Kumkar
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Country United States
Categories Consumer
Tags forecast , size , trend
Last Updated December 26, 2017