NEW YORK , Sept. 23, 2022 /PRNewswire/ -- Safety Shoes Market Facts at a Glance-
Companies: 10+ – Including Anbu Safety Industrial Co. Ltd., Bata Brands Sarl, COFRA Srl, Dunlop Protective Footwear, GABRI SAS DI MOLO SANTE and C., Honeywell International Inc., KARAM group, Liberty Shoes Ltd, Pezzol Industries Srl, RAHMAN GROUP, Rock Fall UK Ltd, SAFETYKING INDUSTRIAL FOOTWEAR M SDN BHD, Son of the Nature of Technology, uvex group, VF Corp., W. L. Gore and Associates Inc., Wolverine World Wide Inc., and Zain International among others.
Coverage: Key drivers, trends, and challenges; product insights and news; value chain analysis; parent market analysis; and vendor landscape
Segments: End-user (construction, chemicals, manufacturing, mining, and others)
Geographies: APAC, North America , Europe , South America , and the Middle East and Africa
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According to the recent market study by Technavio, the Safety Shoes Market size is expected to increase by USD 1.64 billion from 2021 to 2026, with an accelerated CAGR of 5.78%. The report provides a detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimations, and major investment pockets.
Latest Drivers, Challenges, and Trends Driving the Market-
The rise in safety standards will compel end-user industries to adhere to safety practices such as the use of safety shoes. American National Standards Institute (ANSI) mandates the manufacturers of safety shoes to meet performance standards. This will promote workplace safety, which, in turn, will drive the global safety shoe market.
It is important to select appropriate shoes for the industrial requirement. Improper selection can pose several hazards, depending on the work undertaken by industries. It can result in foot-related problems such as corns, calluses, bunions, and hammertoes.
Safety shoes are ergonomically designed and provide protection and support to the natural movement of the human body. The design of these shoes is governed by parameters such as less strain on joint angles of the feet and even pressure distribution.
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The safety shoes market is fragmented, and the vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market. The key offerings of some of the vendors are listed below:
Bata Brands Sarl - The company offers safety shoes such as 3 Button Boot, B Sport, Bora Derby , and High Cut.
COFRA Srl - The company offers safety shoes such as Best Fire F2, No Flame, No Streamer, and Shovel.
Dunlop Protective Footwear - The company offers safety shoes such as Pro Series, Vibram Series, Snugboot Series, and Guard Series.
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The safety shoes market share growth in APAC will be significant during the forecast period. China and Japan are the key countries for the market in the region. The growth of the region is attributed to factors such as rapid industrialization and urbanization, which have led to growth in the automotive, construction, and manufacturing industries.
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Accelerate at a CAGR of 5.78%
APAC, North America, Europe, South America, Middle East and Africa
US, China, Japan, Germany, and the UK
Leading companies, competitive strategies, consumer engagement scope
Anbu Safety Industrial Co. Ltd., Bata Brands Sarl, COFRA Srl, Dunlop Protective Footwear, GABRI SAS DI MOLO SANTE and C., Honeywell International Inc., KARAM group, Liberty Shoes Ltd, Pezzol Industries Srl, RAHMAN GROUP, Rock Fall UK Ltd, SAFETYKING INDUSTRIAL FOOTWEAR M SDN BHD, Son of the Nature of Technology, uvex group, VF Corp., W. L. Gore and Associates Inc., Wolverine World Wide Inc., and Zain International
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Browse Consumer Discretionary Market Reports
3.4 Market outlook: Forecast for 2021-2026
5.3 Construction - Market size and forecast 2021-2026
5.4 Chemical - Market size and forecast 2021-2026
5.5 Manufacturing - Market size and forecast 2021-2026
5.6 Mining - Market size and forecast 2021-2026
5.7 Others - Market size and forecast 2021-2026
7.3 APAC - Market size and forecast 2021-2026
7.4 North America - Market size and forecast 2021-2026
7.5 Europe - Market size and forecast 2021-2026
7.6 South America - Market size and forecast 2021-2026
7.7 Middle East and Africa - Market size and forecast 2021-2026
7.8 US - Market size and forecast 2021-2026
7.9 China - Market size and forecast 2021-2026
7.10 Japan - Market size and forecast 2021-2026
7.11 Germany - Market size and forecast 2021-2026
7.12 UK - Market size and forecast 2021-2026
8.3 Impact of drivers and challenges
11.3 Currency conversion rates for US$
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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