Industrial Protective Footwear Market - Latest Trends in Market with Future Analysis

At present, safety footwear comes in many styles that include clogs and sneakers. Formal safety footwear is also available which is used by supervising engineers across different industries. Safety footwear come with safety symbol printed on them. Government regulatory bodies issue this safety symbol and it indicates the protection level of the footwear.


Albany, NY -- (SBWIRE) -- 05/12/2016 -- This market research study analyzes the Industrial Protective Footwear Market on a global level, and provides estimates in terms of revenue (USD billion) from 2014 to 2020. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the next few years.

Industrial protective footwear market includes safety footwear used for worker's safety across different industries such as construction, manufacturing, chemicals, oil and gas, food, pharmaceuticals, transportation and mining among others. At present, various types of safety footwear are being used namely leather footwear, waterproof footwear, rubber footwear and plastic footwear among others. Rise in the number of worker accidents coupled with the implication of strict regulations in regions such as Europe and North America is the major factor driving the market at present. The market is likely to see high growth as the impact of these regulations is expected to increase in the coming years.

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The report also analyzes macro economic factors influencing and inhibiting the growth of industrial protective footwear market. In addition, the market attractiveness analysis provided in the report highlights key investing areas in this industry. The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

This report provides strategic analysis of the global Industrial Protective Footwear market, and the growth forecast for the period 2014 to 2020. The span of the report includes competitive analysis of various market segments based on the types, module and in-depth cross sectional analysis of the Industrial Protective Footwear Market across different geographic segments. To support strategic decision making, the report also includes profiling of leading players in the industry, their market share and various strategies adopted by them. The Porter's Five Forces analysis and market attractiveness analysis included in the report provide insight into market dynamics and industry competition.

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Construction sector is one of the major application segments for industrial protective footwear market. This is due to rise in the number of worker accidents that has increased the adoption of safety footwear among builders to improve worker safety. High safety requirement for workers operating grinding machines, milling machines and handling heavy tools is responsible for high demand from this sector. However, oil & gas segment is also growing significantly offering potential opportunities to the market in the coming years.

End use industries for industrial protective footwear market includes chemicals, oil and gas, construction, transportation, pharmaceuticals, manufacturing, food and mining among others. In Asia Pacific, the demand for protective footwear is increasing with exponential growth in the construction activities primarily in China, Japan, India and Singapore among others. Manufacturing sector is another important market with high demand for safety footwear in China alone. In addition, the demand for safety footwear is increasing in the Middle East, where protective footwear is majorly consumed by oil, gas and mining companies. Protective footwear manufacturers a focus on meeting the demands of all these different industries and thus they produce footwear targeted for these specific industries.

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The report also provides company market share analysis of the various industry participants with company overview, financial overview, business strategies, and recent developments in the field of Industrial Protective Footwear market. Major market participants profiled in this report include Jal Group, Rahman Group, Oftenrich Holdings Co. Ltd. (Golden Chang), Honeywell Safety Products, Saina Corporation Co. Ltd., VF Corporation, UVEX Safety Group, Rock Fall Ltd., ELTEN GmbH and COFRA Holding AG among others are some of the key players in the industrial protective footwear market where, Jal Group dominated the market in 2012.

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