Market Study Report adds 2017-2024 Global Industrial Safety Footwear market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.
Selbyville, DE -- (SBWIRE) -- 12/12/2018 -- The global industrial safety footwear market is anticipated to garner substantial revenue in the ensuing years, owing to the growing importance of workforce safety coupled with strict regulations levied by the government and regulatory bodies worldwide. Safety footwear is in high demand in industries such as oil & gas, construction, chemical, pharmaceutical, and manufacturing pertaining to the adverse working conditions. Indeed, wearing safety footwear decreases the risk of foot injury, and minimizes harm by potential hazards, thereby enhancing its importance in injury prevention initiatives. In a recent turn of events, Sympatex Technologies has come up with a unique shoe manufacturing technology called 'Utmospheric'. In utmospheric shoe production, a liner adapts perfectly to the foot's shape, devoid of any creases & seams and without compromising laminate's quality and functionality. These shoes are expected to be waterproof & breathable keeping feet dry and comfortable in extreme conditions, making them ideal for use in industries. Robust developments in shoe technology are thus poised to propel industrial safety footwear market growth in the future.
Germany industrial safety footwear market size from transportation applications should generate close to USD 30 million in sales by 2024. Presence of automobile manufacturing base along with presence of norms to ensure worker safety should boost regional demand.
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Meticulously analyzed in terms of pivotal industry segments, Global Industrial Safety Footwear market report effectively covers the scope of this space in terms By Product, By Application and the prominent contributors. Additionally, the report also outlines intricate details regarding the lucrative opportunities that industry contenders can expect in conjunction with the potential threats that have been envisioned for this business sphere in the forthcoming years.
The report extensively bifurcates the various contenders of Global Industrial Safety Footwear market. Prominent contributors such as JAL Group France SAS, Dunlop Boots, COFRA S.r.l., Honeywell International, Inc, Hewats Edinburgh, Rahman Group, Rock Fall Ltd., Uvex Group, V.F. Corporation, WOLVERINE, Bova Safety Footwear, Gabri Safety Shoes, Simon Corporation, Anbu Safety Industrial Co., Ltd, Liberty Group have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.
Waterproof materials are set to gain at over 6% through 2024; with water &slip resistance being key performance metrics for automobile and chemical applications. Leather remains the preferred material for manufacturing uppers of protective shoes owing to its durability and insulation properties which provide protection against electric shocks.
Brazil industrial safety footwear market size from food processing industry should witness strong growth by 2024. Food &processing industry is a significant part of the national economy and is witnessing technical development by acquiring modern machinery.
MEA, led by South Africa, Saudi Arabia and UAE, may witness significant growth. Favorable government policies to increase construction spending along with expected capacity addition in petrochemical industry should industrial protective shoes market to ensure employee protection against workplace hazards.
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Worker exposure to hazards which involve falling objects, chemicals, electrical contact and moving machinery, may risk foot injury. Falls, trips and slips altogether accounted for over 15% of the total incidents which can be prevented by protective wear and industrial safety footwear market products with superior surface grips. They significantly reduce the risk of cut from sharp edges and impact of falling objects, thereby boosting demand.
Industrial protective footwear market growth faces a challenge due to cheaper substitute from availability of duplicate and inferior quality products from local manufacturers. Premium or established brands in the industrial safety footwear industry face competition from inexpensive products manufactured by local companies by using low quality or spurious materials.
Industrial safety footwear market price is influenced by factors which include raw material quality, purchasing volume, product diversity and established brand equity. These factors have led to differential pricing of individual products across the industry in various countries.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3 Industrial Safety Footwear Industry Insights
Chapter 4 Industrial Safety Footwear Material Insight
Chapter 5 Industrial Safety Footwear Product Insights
Chapter 6 Industrial Safety Footwear Application Insights
Chapter 7 Industrial Safety Footwear Regional Insights
Chapter 8 Company Profiles
Outer scope of this report Prominent industrial safety footwear market magnates are concentrating on designing products that are cost-effective, perform efficiently, and have a long life span, to enhance market share and outdo competition. Ariat, a performance footwear and clothing brand, has reportedly made it to the headlines by launching new Linesman Ridge boots, which are designed to stand extreme outdoor environments, and are ideal for the job of a linesman. In the coming years, the innovative product portfolios brought forth by industry majors will positively favor industrial safety footwear market development.
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