United States – As per Occupational Safety and Health Administration (OSHA) 29 CFR 1910.136(a), when working in areas where there is a danger of foot injuries due to falling or rolling objects, or objects piercing the sole, and where such employee’s feet are exposed to electrical hazards, each affected employee shall wear protective footwear. 29 CFR 1910.136(b) – Provides the criteria for protective footwear and Canada - The Canadian Standards Association (CSA) engaged in standards development and certification activities. CAN/CSA-Z195 covers the design and performance of protective footwear which includes electric-shock resistant soles, toe protection, sole puncture protection and other requirements and overall stability relating to footwear.
The article cited AMA's "Global Industrial Protective Footwear Market Study" explored CAGR of 7.4%. According to the report, Stringent Regulatory Requirement and Higher Concentration in Safety is one of the primary growth factors for the market. Adoption of Stringent Regulatory Framework and High Growth in Developing Economies
is also expected to contribute significantly to the Industrial Protective Footwear market. Overall, Manufacturing
applications of Industrial Protective Footwear, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Industrial Protective Footwear market identified that the demand is rising in many different parts of the world as "Rapid Industrial Development in Developing Countries
". Furthermore, some recent industry insights like "In October 2022, Xena Workwear unveiled the Valence SD shoe, a Chelsea boot designed for dissipative purposes." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Industrial Protective Footwear market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Industrial Protective Footwear market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Industrial Protective Footwear market size is calculated using market estimation process, the Industrial Protective Footwear market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Industrial Protective Footwear market size has been validated using both top-down and bottom-up approaches.