Albany, NY -- (SBWIRE) -- 12/21/2015 -- Industrial protective footwear market encompasses safety footwear used for worker's safety across various industries such as construction, manufacturing, oil and gas, chemicals, and pharmaceuticals among others. The increasing application of stringent government regulations and number of workplace accidents is one of the major factors fuelling the demand for industrial protective footwear in South America. The market is expected to witness robust growth in the forecast period as a result of the impact of these regulations

This report has been segmented by application and by country. The study highlights current market trends and provides the forecast from 2014 to 2020. We have also covered the current market scenario for industrial protective footwear and highlighted future trends that will have an impact on demand. By country, the market has been segmented into Brazil, Chile, Colombia, Peru, Uruguay and Venezuela. The present market size and forecast until 2020 has been provided in the report. The report also analyzes macro economic factors influencing and inhibiting growth of the industrial protective footwear market. Apart from this, duties and tax effecting the prices in this region are also covered in the scope of research.

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Brazil, Venezuela and Chile are the major markets for industrial protective footwear in South America. Rapid industrialization and increasing awareness about workplace safety is one of the major factors fuelling the demand for industrial protective footwear in this region. The applications of industrial protective footwear in the manufacturing and others segment is boosting the demand for industrial protective footwear. The others segment includes application in agriculture, government usage, unorganized sector and small scale manufacturing utilities. Apart from this, agriculture is one of the major application segments for industrial protective footwear in Brazil and Venezuela.

Brazil is one of the major markets for industrial protective footwear in South America. The others segment is one of the largest application segments for industrial protective footwear in Brazil. The agricultural produce contributes a major portion of gross domestic product of Brazil. Moreover, oil and gas is also one of the major application segments for industrial protective footwear in this region.

Chile is also one of the major countries in South America boosting the demand for industrial protective footwear. Manufacturing is one of the major application segments for industrial protective footwear in Chile. The others segment is also one of the major application segments for industrial protective footwear in this region.

Saudi Arabia is one of the major countries having a demand for industrial protective footwear in Middle East. Oil and gas is one of the major application segments for industrial protective footwear in Saudi Arabia. The others segment including agriculture, unorganized sector, small scale manufacturing and government utilities is one of the major application segments for industrial protective footwear in Saudi Arabia.

Agriculture is one of the major application segments for industrial protective footwear in Venezuela. It contributes a major portion of the gross domestic product of the country. Moreover, Peru, Colombia and Uruguay are some of the major markets for industrial protective footwear in South America.

However, for foreign players in order to sell their products in the local market must comply with the European standards or the ASTM standards. Most of the countries in South America follow the ASTM standards which are pegged to the European standards. However, the requirements are similar to that of the ISO standards with minor changes depending upon the local requirements. In addition, there are certain government regulations covering various aspects of manufacturing such as labeling requirements, documentation requirements and kind of material used among others act as barriers for new entrants.

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The report provides strategic analysis of Brazil, Chile, Peru, Colombia, Uruguay and Venezuela industrial protective footwear market, and the market growth forecast for the period 2014 to 2020. The report includes competitive analysis of various market segments based on application and in-depth cross sectional analysis of the industrial protective footwear market Brazil, Chile, Peru, Colombia, Uruguay and Venezuela. In addition, the report provides average selling prices and volume across Brazil, Chile, Peru, Colombia, Uruguay and Venezuela. Moreover, average selling prices and volumes are provided across each of the application segments in each of the countries providing support for analyzing the market potential across application segments.

Apart from this, to support strategic decision making the report also includes tariff and non-tariff barriers present in Brazil, Chile, Peru, Colombia, Uruguay and Venezuela. The report also provides major players in the industrial protective footwear market across these countries. These factors establish various current trends and their impact on market size. Overall, the report takes into account a complete analysis of industrial protective footwear market, and provides an estimated growth for the period 2014 to 2020, taking into account the various factors affecting the market.

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