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Industrial protective footwear market projected to generate 7.01 billion USD by 2024 according to new research report

Industrial Market Research

Global Industrial Protective \ Safety Footwear Market Trends, Estimation and Forecasts to 2024

Industrial Protective Footwear Market has been estimated to garner a revenue of $3.9 billion in 2016 and is projected to reach $7.01 billion by 2024, growing at a CAGR of 7.6% from 2017 to 2024.leather type protective footwear market generated the highest revenue share in the global industrial protective footwear.

Browse details of 125 pages research report developed on Global Industrial Protective \ Safety Footwear Market at www.researchcosmos.com/reports/glo…ast-2024/2630237

In order to preserve the safety across diverse industries such as chemical industries, mechanical industries, pharmaceuticals, construction industries, oil and gas industries, manufacturing firms and food and beverage units, peculiarly designed footwear is a crucial element. A vast variety of industrial protective footwear such as rubber, leather, and plastic footwear is now being adopted by consumers to protect themselves from serious injuries which may occur during the industrial work because of falling of objects, slipping, electrical contacts and heavy vibrating machinery.

Depending on the end use, the industrial shoes/boots come with additional protection for toes, made up of steel, leather and various composite materials.

Apart from injury protection, these protective footwear ensures the comfort and avoid foot fatigue, hence, ensuring the safety of workers and enhancing their work efficiency.

Global Industrial Protective \ Safety Footwear Market Dynamics

Increasing needs of power and business utilities has sparked the rapid growth of construction and oil & gas industry. An outbreak in the number of worker accidents has led the various industries to mandate the use of safety footwear.

Governments of various developing and developed countries have made stringent industry health and safety rules for the workers and engineers who deal with hazardous machinery. These factors are expected to propel the growth of global industrial protective footwear market in the near future.

However, the lack of technological awareness and industrial safety guidelines can restrain the market growth. Moreover, the availability of cheaper substitutes and high sale of fake and low-priced footwear in the industry is expected to restrain the global industrial protective footwear market in the near future.

Regions like North America, Europe and Asia Pacific are presenting new opportunities for the growth of protective footwear market.

Report:  www.researchcosmos.com/request/2630237

Global Industrial Protective \ Safety Footwear Market Segmentation

The segmentation of the industrial protective footwear market is done on the basis of type, application, and geography. On the basis of type, the market is segmented as Leather footwear, Waterproof footwear, Rubber footwear and Plastic footwear.

By application, the market is categorized as construction, manufacturing, mining, oil & gas, chemicals, food, pharmaceuticals, and transportation. Geographically, the market is segmented as North America, Europe, Asia Pacific and Rest of World.

The key players of the protective footwear market are Rahman Group, Honeywell Safety Products, Oftenrich Holdings Co. Ltd., COFRA Holding AG, Saina Corporation Co.

Ltd., Jal Group, ELTEN GmbH ,UVEX Safety Group, VF Corporation, Rock Fall Ltd.

Report:  www.researchcosmos.com/inquire/2630237

Industrial Protective Footwear Market Key Segmentation

BY TYPE

  • Waterproof Footwear
  • Leather Footwear
  • Rubber Footwear
  • Plastic Footwear

BY APPLICATION

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

BY GEOGRAPHY

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Italy
  • UK
  • Germany
  • France
  • Rest of Europe

Asia-Pacific

  • Japan
  • Australia
  • China
  • Rest of Asia-Pacific

Rest of World

  • Latin America
  • Middle East
  • Africa

KEY PLAYERS

  • Rahman Group
  • Honeywell Safety Products
  • Oftenrich Holdings Co. Ltd.
  • COFRA Holding AG
  • Saina Corporation Co. Ltd.
  • Jal Group
  • ELTEN GmbH
  • UVEX Safety Group
  • VF Corporation
  • Rock Fall Ltd.

Report:  www.researchcosmos.com/customization/2630237

 

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