Industrial Protective Footwear Market 2019| Global Industry Status, Overview by Industry Size, Share, Future Trends, Growth Factors and Leading Players Forecast to 2024 – Industry Research.co
Posted on Nov 9 2019 3:10 PM
"Industrial Protective Footwear Market analysis report contains all study material about Market Overview, Growth, Demand and Forecast Research in all over the world "
New research report on “Industrial Protective Footwear Market” 2019-2024 is a proficient and in-depth research offers an summary of the current market status, historic, and expected way forward for the Industrial Protective Footwear market. Industrial Protective Footwear market report on the world’s major regional market conditions, focusing on the main regions. Industrial Protective Footwear market report offers an extensive analysis of Industrial Protective Footwear industry to guide market players, new entrants and investors to get opinion of Industrial Protective Footwear industry.
Scope of the Report:
- Industrial footwear specialized in the protection of the worker from feet injuries (fingers, sole, ankles, etc.), produced by chemical products splatter, burns, electrical and mechanic risks, explosions, crushing, entrapment and stings, as well as water, humidity, heat, among others. By material, the market is divided into leather, rubber, plastic, and other materials, by end user the market is segmented into construction, manufacturing, pharmaceutical, oil and gas, chemical, mining, transportation, and other end users. The most preferred type of footwear is standard safety boots with protective 200-joule toe caps and midsole protection, which secure and support the ankle of the worker. The rising construction industry in the emerging economies, like China and India, is expected to drive the industrial protective footwear market in the forecast period.
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- Global Industrial Protective Footwear Market is forecasted to reach USD 3.2 billion by 2024 growing at a CAGR of 3.54% during the forecast period (2019 - 2024).
- - The global industrial protective footwear industry is projected to grow at the significant growth rate in the near future due to the rise in the introduction of innovative products from key players. The risk of electric shocks are increasing as the importance of hybrid and fully electric vehicles continue to grow which is influencing the demand of high-quality safety shoes.
- - The growing acceptance of ergonomically designed protective footwear from various industries is one of the major factor driving the market growth from the last few years. Additionally, industrial protective footwear help to reduce strain and lead to sufficient support of the feet. This is driving the industrial approach toward designing and manufacturing safety footwear, which is influencing the market growth.
Industrial Protective Footwear market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. The Industrial Protective Footwear market 2019 report consists of the latest developments, market shares, and strategies employed by the major market players.
Top Key Players of Industrial Protective Footwear Market Report Are:
- Honeywell International Inc.
- Wolverine World Wide Inc.
- VF Corporation
- Bata Corporation
- Dunlop Protective Footwear
- Rock Fall (UK) LTD
- Cofra Srl
- Hewats Edinburgh
- Rahman Group
Industrial Protective Footwear Market Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2024, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2024
- Industrial Protective Footwear Market opportunities and recommendations for new investments
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Key Market Trends:
Leather Footwear to Witness Significant Demand during the Forecast Period
Leather industrial safety shoes hold a significant market share and are expected to retain their dominance during the forecast period 2019 to 2024. Leather suppliers across the globe are witnessing huge demand from industry safety shoe manufacturers as leather is a non-conductive material and is significantly used in protective footwear to offer safety against harmful electric shocks. A large number of local manufacturers are producing cheap safety shoes by using spurious and low-quality materials which is restraining the market growth. The key players in safety shoes are facing strong competition, due to the rising preference among consumers for locally made inexpensive shoes.
Asia-Pacific Region to Witness Increase in Demand for Leather Boots
Asia-Pacific region is expected to emerge as a leading market over the forecast period. The growth in this region is mainly driven by the introduction of regulations that mandate the usage of safety shoes in the work environment along with occupational safety standards. Growing adaptation of health and safety practices, in order to reduce workplace fatalities, are expected to surge the product demand for protective footwear over the forecast period. The significant growth of the construction industry in developing economies such as India and China is supporting the market growth in the region. In North America, the rising demand for industrial safety shoes in the region can be attributed to the growth of markets coupled with stringent legislation in the US. Additionally, North America will also witness the demand for women’s safety shoes, which is influencing the sales of safety shoes in the region.
Industrial Protective Footwear Market Report Answers Following Questions:
- What are the important R&D (Research and Development) factors and data identifications to responsible for rising market share?
- What are future investment opportunities in the in Industrial Protective Footwear Devices landscape analyzing price trends?
- Which are most dynamic companies with ranges and recent development within Industrial Protective Footwear Devices Market till 2024?
- In what way is the market expected to develop in the forthcoming years?
- What are the principle issues that will impact development, including future income projections?
- What are market opportunities and potential risks associated with Industrial Protective Footwear Devices by analyzing trends?
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Detailed TOC of Industrial Protective Footwear Market Report 2019-2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porters 5 Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Degree Of Competition
5 MARKET SEGMENTATION
5.1 By Material
5.2 By End User
5.2.4 Oil and Gas
5.3.1 North America
22.214.171.124 United States
126.96.36.199 Rest of North America
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
220.127.116.11 Rest of Asia-Pacific
5.3.4 South America
18.104.22.168 Rest of South America
5.3.5 Middle East & Africa
22.214.171.124 South Africa
126.96.36.199 Saudi Arabia
188.8.131.52 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Mergers & Acquisitions
6.3 Most Adopted Strategy
6.4 Company Profiles
6.4.1 Honeywell International Inc.
6.4.2 Wolverine World Wide Inc.
6.4.3 VF Corporation
6.4.4 Bata Corporation
6.4.5 Dunlop Protective Footwear
6.4.6 Rock Fall (UK) LTD
6.4.8 Cofra Srl
6.4.9 Hewats Edinburgh
6.4.10 Rahman Group
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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