The global Industrial Protective Footwear Market is expected to reach USD 7,340.1 million by the end of 2026

Global Industrial Protective Footwear Market Research Report 2021 Professional Edition

Infinity analysts forecast the global Industrial Protective Footwear Market to grow at a CAGR of 5.8% during the forecast period, according to their latest market research report.

Industrial protective footwear, designed especially for industrial workers, protect against accidental slips and foot injuries to factory working during long grueling hours of work. The industrial protective footwear minimizes the risks of fatal accidents and allows a sense of safety & security among staff working in hazardous conditions.

Top key players @ JAL Group, Jallatte, Oftenrich Holdings (Golden Chang), COFRA, Redwing, ELTEN GmbH, Rock Fall Ltd., Bata, Honeywell Safety Products, Rahman Group, Saina Group Co. Ltd., Vibram, Uvex Safety Group, and VF Corporation

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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The implementation of stringent industrial workplace safety & regulations on a global scale and increasing need to prevent workplace accidents for continuance in initiatives of global industrialization are the influential primary factors that would propel the growth of the market during the forecast period. The rising incorporation of protective footwear in industrial settings has led to an improvement in the pace of work being completed, with workers able to focus on the job at hand instead of fretting over their safety. The industrial protective footwear also enables employees to secure a firm footing in rugged conditions, offering a sense of safety and security against free-falls. The broad enactment and enforcement of safety regulations in hazardous and non-hazardous industrial settings would influence surge in the incorporation of protective footwear, boosting the market growth prospects during the forecast period. The rising efforts of product incorporation and safety awareness campaigns among SMEs in emerging areas would offer crucial vendors with new opportunities for product sales and business expansion over the forecast period.

The outbreak and spread of the Covid-19 pandemic have halted and diminished almost all industrial activities, virtually eliminating the need for industrial protective footwear. The shutdown of and restrictions in transportation routes and commercial facilities have initiated an extensive disruption in the supply chain dynamics of the Industrial Protective Footwear market, with an extended delay in procurement of primary raw materials leading to a decline in overall production volumes of necessary facilities. The dwindling workforce attendance in several end-user verticals such as Mining, Oil & gas, and Construction worksites have also played a part in the declining new product orders being placed, owing to the unpredictability in product delivery timeline. The unpredictability of financial income generation has stalled the development of new business activities, with potential investors wanting to understand the long-term implications of Covid-19 on the market before any future commitments. However, the willingness of industrial organizations to resume manufacturing and work in facilities so as to mitigate losses incurred during the Covid-19 lockdown would generate potential opportunities for product adoption and market growth over the foreseeable future.

TABLE OF CONTENT:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst’s Viewpoints/Conclusions
15 Appendix

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This release was published on openPR.