Stringent Government Regulations to Trigger Market Growth

San Francisco, California, May 04, 2018: Intense competition and continuous upsurge in the business demands are mandating the market players to come up with new deliverables that are innovative and services at competitive rates, notes TMR Research in this market research report. The report bearing the title, “Industrial Safety Footwear Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025” delves into the past, current and future scenario of the said market. This publication by TMR Research grasps the evolution of the said market by studying the previous market developments, subsequent evolutions and by assessing the present market scenario. Based on all the likely situations, it also presents a detailed prospect of growth that could rise in the forthcoming years.

Industrial safety footwear comes with superior surface grip, and altogether, assists the industries to maintain production consistently whilst instilling confidence into their workforce. This is the main factor that is bolstering the demand in the international market for industrial safety footwear. Equal thrust to the market is exerted by many of the stringent government regulatory such as ILO, OSHA, and BSI to maintain the workplace safety and repercussion of former mistakes.

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On the basis of regional segmentation, the said market is categorized into the major geographies of Americas, the Middle East and Africa, Asia Pacific, and Europe.

Some of the key vendors in the global market for industrial safety footwear are Honeywell International, Dunlop Boots, CORA, Uvex Group, Simon Corporation, Bata Industrials, Liberty Group, JAL Group France, V.F. Corporation, Rock Fall, and Hewats Edinburgh amidst many others. These players are forecasted to engage in research and development work so as to attain prominence across the said market.

Industrial Safety Footwear Market Regional Outlook Of Industry & Forecast by 2025

Global Industrial Safety Footwear Market: Snapshot

Growing awareness regarding safety in industries such as manufacturing, food and beverages, oil and gas, construction, pharmaceuticals, and chemicals is demanding for advanced industrial safety footwear, driving its global market. Workers in various industries are exposed to hazardous incidences as chemical and electrical contacts, moving machinery, heated objects, share edges, and falling objects. Safety boots are designed to prevent legs from hazardous effects of any accidents caused at workplaces. Industrial safety footwear offer industries to maintain consistent production as they offer superior surface grip and build confidence in the employees. The government regulations regarding safety of workers motivate the organizations to opt for superior qualities of safety apparels.

Waterproof footwear segment is expected to grow at a high rate owing to the escalating demand from chemical and automobile industry. Leather material type segment is anticipated to gain a dominant share in the market due to fine insulation and durability properties. However, demand for rubber is also foreseen to be escalated in the future. Considering the applications, the construction industry segment is predicted to gain higher demand for industrial safety footwear than other segments.

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Geographically, Europe is forecasted to show a health growth of market owing to shoe manufacturing organizations in the U.K., France, Spain, Germany, and Italy. However, it is expected that Asia Pacific will show an impressive growth in the market owing to the presence of large number of manufacturing plants. Liberty Group, Rock Fall, Hewats Edinburgh, JAL Group France, Simon Corporation, COFRA, V.F. Corporation, Uvex Group, Bata Industrials, Honeywell International, and Dunlop Boots are constantly focusing on product innovation, fueling the growth of the market.

Global Industrial Safety Footwear Market: Overview

In order to maintain safety across various industries, specifically designed footwear are essential, especially in the sectors such as chemicals, pharmaceuticals, construction, oil and gas, food and beverages, and manufacturing. These safety boots come with additional protection for the toe, made up of steel or similar composite material. The composite material include aluminum and polyurethane. Depending on the requirement of end use industries, these safety footwear are of varied types. As these industries aspire to increase productivity and governments across the world penalizing those who don’t abide by optimum safety at their workplace, the demand in the global industrial safety footwear market is expected to escalate at a rapid rate during the forecast period of 2017 to 2025.

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Global Industrial Safety Footwear Market: Key Trends

Industrial processes require workers to expose themselves to various hazardous occurrences such as falling object, electrical and chemical contact, share edges, heat, and moving machinery. Industrial safety footwear also offer superior surface grip, and altogether, helps the industries to maintain consistent production while installing confidence into their workforce. This is the primary factor that is augmenting the demand in the global market for industrial safety footwear. Equal thrust to the market is exerted by the stringent government regulatory such as BSI, OSHA, and ILO to maintain the workplace safety and repercussion of past mistakes. However, the availability of cheaper substitute of inferior quality, made of spurious materials from domestic vendors, is expected to eat into the shares of branded products with optimum quality.

The segment of waterproof footwear is expanding at a rapid rate, gaining added demand particularly from the automobile and chemical industries. With fine durability and insulation properties, leather remains the most in-demand material segment, while rubber is another important market segment by type. By application, the construction industry serves maximum demand, followed by oil and gas. Both these end-use industries are flourishing and are expected to sustain the demand throughout the forecast period.

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Global Industrial Safety Footwear Market: Market Potential

Safety being the paramount feature, usefulness, comfort, and aesthetic values are some of the other attributes that differentiates similar products from different vendors. As a result, companies involved in the market for industrial safety footwear actively research and develop innovative products to gain shares. For examples, footwear made of lightweight composites that come with reduced discomfort and aid in walking are gaining popularity.

Global Industrial Safety Footwear Market: Regional Outlook

Geographically, Europe serves the maximum demand for industrial safety footwear, primarily gaining from the shoe manufacturing organizations in Italy, Germany, Spain, France, and the U.K. Asia Pacific, being the manufacturing hub for many industries including automotive and electrical, is another important region for the players in the global industrial protective footwear market. Governments in India and China have stiffened the regulations for workplace safety in the past decade, which is further fueling the demand from the region. North America makes for a matured market with the presence of several prominent names and stringent regulations. In the U.S. and Canada, the demand for women’s safety shoes is favoring the uptake.

Global Industrial Safety Footwear Market: Competitive Landscape

Competition in this market is stiff, with the presence of a number of global and local vendors. Some of the prominent players in the global industrial safety footwear market are Dunlop Boots, Honeywell International, Bata Industrials, Uvex Group, V.F. Corporation, COFRA, Simon Corporation, JAL Group France, Hewats Edinburgh, Rock Fall, and Liberty Group. Several leading players often indulge in merger with or acquire smaller regional vendors with potential in order to expand their geographical presence as well as increase production capacity.

Rising Occupational Accidents Up Need for Industrial Safety Footwear

San Francisco, California, May 08, 2017: A recent report by TMR Research presents a detailed analytical overview of the global market for safety footwear. The report, titled “Industrial Safety Footwear Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025,” presents a qualitative as well as quantitative view of the present growth dynamics of the market and forecasts its growth potential over the period between 2017 and 2025.

The market is chiefly driven due to stringent regulations regarding employee and workplace safety across industries such as pharmaceuticals, oil and gas, construction, food and beverages, chemicals, and manufacturing, where employees are persistently exposed to various hazards that can have debilitating effect on their health and wellness. While developed economies across Europe and North America has several regulations in place in this regard, developing economies across regions such as Asia Pacific and Latin America are also instigating industrial safety regulations at a rapid pace.

Active contribution of government bodies in ensuring that safety regulations are followed in industrial spaces and rising awareness among employees about their rights are also spurring the global demand for industrial safety footwear. These factors are expected to continue to drive the market in the next few years as well.

From a geographical viewpoint, the market for industrial safety footwear has been covered in the report for regional markets such as North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Of these, the Europe market presently holds the position of the leading contributor of revenue to the global market, serving the maximum demand for safety footwear for a number of industries. Asia Pacific also holds a commanding position in the global industrial safety footwear market, thanks to its thriving industrial sector and established industries such as consumer electronics and automotive.

Asia Pacific is expected to emerge as one of the most promising investment destinations for companies in the global industrial safety footwear market owing to the stiffening workplace safety norms across the industrial sector in emerging economies such as India and China. North America is a mature market owing to stringent workplace safety norms and showcases the presence of some of the most prominent vendors in the field. Rising demand for industrial safety footwear from the U.S. and Canada will ensure healthy growth of the North America industrial safety footwear market in the near future.

The vendor landscape of the global industrial safety footwear market is intensely competitive and features the presence of a large number of domestic and international vendors. Some of the leading companies operating in the market are Rock Fall, Uvex Group, Dunlop Boots, V.F. Corporation, Honeywell International, Hewats Edinburgh, Bata Industrials, Liberty Group, JAL Group, Simon Corporation, and COFRA.