DUBLIN--(BUSINESS WIRE)--The "Protective Footwear Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global protective footwear market was estimated at US$6.179 billion in the year 2019.
The major factors that are driving the protective footwear market are the burgeoning requirements for worker safety at the workplaces coupled with the growing adoption of protective equipment for workers, especially in the developing economies around the world. Protective footwear is a type of footwear specifically designed for workers across the various end-use industries for guarding the feet against numerous types of injuries while working in the harsh factory or on-site environments. In addition, the rising number of foot injuries at workplaces is also one of the prime factors which are anticipated to augment the adoption of protective footwear by the employers across the numerous industry verticals and thus add up to the market growth during the next five years.
For instance, according to the Bureau of Labour Statistics, every year around 60,000 foot injuries occur throughout the United States, which causes decent loss of work hours every year. Furthermore, numerous regulations regarding the safety of workers from various organizations such as the OSHA, ILO, and BSI also significantly drive the demand for protective footwear throughout the various industries across the world. Protection from chemical hazards, heavyweights, and impacts is required in various industries including chemical, oil and gas and construction among others. This is, in turn, is projected significantly propel the growth opportunities for the market to surge throughout the forecast period and beyond.
The global protective footwear market has been segmented by material, end-user industry, and geography. By material, the market has been segmented as PVC, rubber, leather, and others. By end-user industry, the market has been segmented as construction, oil and gas, chemical, mining, energy and utilities, and others.
Prominent key market players in the global protective footwear market include 3M, Honeywell International Inc., WernerCo. And Petzl among others. These companies hold a noteworthy share in the market on account of their good brand image and product offerings. Major players in the global protective footwear market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last two years.
Key Topics Covered:
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Global Protective Footwear Market Analysis, By Material
6. Global Protective Footwear Market Analysis, By End-User Industry
6.3. Oil and Gas
6.6. Energy and Utilities
7. Global Protective Footwear Market Analysis, By Geography
7.2. North America
7.3. South America
7.5. Middle East and Africa
7.6. Asia Pacific
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. Honeywell International Inc.
9.2. Wolverine World Wide, Inc.
9.3. Dunlop Protective Footwear
9.5. VF Corporation
9.6. RAHMAN GROUP
9.7. Cofra Srl
9.8. Rock Fall (UK) Ltd
9.9. HEWATS EDINBURGH
9.10. uvex group
For more information about this report visit https://www.researchandmarkets.com/r/n4snxv