Press release
Global Industrial Protective Footwear Market Net Worth USD 11.29 Billion by 2025 Key Players in the Market COFRA, JAL Group, ELTEN, Honeywell Safety Products, Rock Fall, Rahman Group, Saina Group.
Global Industrial Protective Footwear Market
Industrial Protective Footwear is also called as safety boot or shoe. It is used as protective equipment that supports foot from direct compression threats, and falling objects. Heavy building materials and construction equipment could pose serious injury to the body, including feet. That is why it is mainly preferred by different construction industries. Protective footwear is mainly covered by steel or other hard shell protection which works as a shield for feet and ankles. Protective shoes come in many categories such as gumboots, plain toe, steel toe, chemical industrial safety shoe, leather shoe, antiskid safety shoe, heat-resistant safety shoe, PVC safety shoe, rubber safety shoe, etc. These are gaining attention eventually by major industries for the safety of their construction and industrial workers.
In the year 2016, Global Industrial Protective Footwear Market was valued at USD 6.4 Billion. By the year 2025, it is estimated to reach USD 11.29 Billion at a growing CAGR of 6.5%.
Browse details of research report developed on Global Industrial Protective Footwear Market @ https://www.researchcosmos.com/reports/global-industrial-protective-footwear-market-forecast-2016-2025-industry-analysis-report/6497381
Drivers and Restraints:
Global Industrial Protective Footwear Market is estimated to grow in forecasted period owing to supporting factors such as increment in the number of accidents at the workplace of industrial and construction activities, and rapid industrialization. According to the National Security Council, the number of disabling toe or feet injuries have been increasing yearly, and the government has mandated to provide and follow safety norms. However, there are still some restraining factors such as lack of awareness towards safety footwear in small-scale and mid-sized industries that are slightly hindering the market.
Geographic Segmentation
Based on geography, Europe region is leading the Global Industrial Protective Footwear Market due to the developed industrial sector and existing safety concerns and rules in the industries. In addition, Asia Pacific region is also estimated to grow at a greater pace in forecasted period with highest CAGR value owing to the presence of major economies such as China and India and rapid industrialization in the region. Also, government’s regulations towards the safety of the work environment are estimated to be supporting the industrial protective footwear market in the region.
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Key Players in Global Industrial Protective Footwear Market:
The major industries in the global market are COFRA, JAL Group, ELTEN, Honeywell Safety Products, Rock Fall, Rahman Group, Saina Group, Dunlop Boots, Honeywell Safety Products, Uvex Safety Group, Rock Fall, Wolverine, and Anbu Safety.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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