About Safety Footwear
Safety footwear is a sort of protecting industrial gear structured to safeguard the feet against a broad style of wounds at the construction. Safety footwear combines safety shoes as well as safety boots that an array of furniture as per the functions of protective criteria. the most usual forms of workplace foot casualties specifically compression, impact, and puncture. safety footwears reduce the influence of casualties by proposing a protective hurdle between the customer and the working condition. The increasing demand for protective shoes made from leather as a result of the safety properties of the material against punctures, falling objects, burns, cutting casualties, and extreme weather environments can aid the market development.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 14.4% |
The increasing demand for protective shoes made from leather because of the safety properties of the material against punctures, falling objects, burns, cutting casualties, and extreme weather environments will aid the overall market development. Moreover, various private label key players are intended in manufacturing low-cost protective shoes by using low-quality and false materials which is downsizing the growth of the safety footwear market. Increasing choices amongst users for regionally made low-cost shoes has created a tough challenge in the protective footwear market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Safety Footwear market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Rahman Group (India), Honeywell International Inc (United States), Oftenrich Holdings Co. Ltd (United States), COFRA Holding AG (Switzerland), Saina Corporation Co. Ltd (India), ELTEN GmbH (Germany), BASF (Germany), Uvex Group (Germany), VF Corporation (United States), Rock Fall Ltd (United Kingdom) and W.L Gore & Associates, Inc (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Dunlop (United States) and Maincal (United States).
Segmentation Overview
AMA Research has segmented the market of Global Safety Footwear market by Type (Shoes and Boots), Application (Construction, Oil & Gas, Chemicals, Mining, Food and Pharmaceutical) and Region.
On the basis of geography, the market of Safety Footwear has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Safety Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Men will boost the Safety Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Waterproof will boost the Safety Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Trend for The Need of Protection from Harmful Industrial Radiations and Increase In Incidences of Industrial Accidents
Market Growth Drivers:
Increasing Demand for Protective Shoes, Increase In Awareness Toward Workers Safety in Industrial Sector and Rise In Number of Worker Accidents
Challenges:
Presence Of Competitors
Restraints:
Fluctuating Price of Raw Materials
Opportunities:
Rapid Industrial Development and Increased Research and Development Activities
Market Leaders and their expansionary development strategies
In August 2020, BASF and Maincal collaborate for the launch of South America’s first safety shoe made with Infinergy. Voran SportSafe is designed for superior levels of responsiveness, comfort, and durability Infinergy® by BASF, high-performance responsive material is featured in the midsole of the shoe Infinergy® makes its debut in the South American market through collaboration with Maincal.
In August , 2022 Blundstone, a leading safety footwear brand, has launched RotoFlex®, a new series of safety boots featuring BASF’s Infinergy® Expanded Thermoplastic Polyurethane (E-TPU)
Key Target Audience
Manufacturers of Safety Footwear, Vendors of Safety Footwear, Suppliers and distributors of Safety Footwear, Raw material suppliers of Safety Footwear, Governmental and Regulatory bodies and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.