Global Safety Shoes Market Size is slated to grow substantially at a CAGR of approximately 5.78% during forecast period. The United States is the biggest market for safety shoes in North America.
New York, United States, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The report finds that the growth of the Safety Shoes Market is being driven by the increasing demand for occupational safety and health (OSH) compliance. Safety shoes are an essential part of OSH compliance, as they help to protect workers from injuries caused by slips, trips, falls, and other hazards. The report also notes that the market is being supported by the rising awareness of the importance of workplace safety. Working Boots，CAT FOOTWEAR
Safety shoes, commonly referred to as steel-toe boots or safety toe shoes, are a kind of footwear made to safeguard your feet while working in potentially dangerous conditions. They are frequently employed in a variety of sectors, including manufacturing, logistics, construction, and mining, where there is a possibility of damage from falling objects, sharp objects, electrical hazards, or other possible hazards.
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The market for safety shoes is driven by a number of reasons, including rising workplace safety awareness, an increase in the number of laws controlling their usage, a rise in the demand for comfortable, fashionable safety shoes, and the expansion of high-risk industries. By product, material, application, and region, the market is divided into subgroups.
There are several significant participants in the competitive market for safety shoes. In the upcoming years, the market for safety shoes is anticipated to expand as a result of the aforementioned causes. The market is, however, also dealing with some difficulties, such as the rise of fake goods and the rising price of safety footwear. Despite these difficulties, it is anticipated that the market for safety shoes will continue to expand in the years to come.
Anbu Safety Industrial Co. Ltd.
GABRI SAS DI MOLO SANTE and C.
SAFETYKING INDUSTRIAL FOOTWEAR M SDN BHD
Compound Annual Growth Rate (CAGR)
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
The rise in safety standards
Growing Demand From The Construction Industry
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The United States is the biggest market for safety shoes in North America. The regional market receives significant contributions from the US and Canada. The need for safety shoes is essential in key areas like construction, manufacturing, oil and gas, and transportation to safeguard workers from numerous risks. To increase worker compliance, there has also been an increasing trend towards more fashionable and cosy safety footwear.
Another large market for safety shoes is Europe. The need for protective footwear is driven by the sizeable industrial sectors in nations like Germany, the United Kingdom, Italy, and France. The market for safety shoes in Europe has seen a significant trend towards the use of cutting-edge safety technologies and materials. The region's growing emphasis on sustainability has also increased demand for recyclable and eco-friendly safety shoes.
Key Highlights for the Safety Shoes Market:
The Safety Shoes Market Size is expected to grow at a CAGR of 5.78% from 2023 to 2031.
The growth of the safety shoes market is being driven by a number of factors, including increasing awareness of the importance of workplace safety, rising number of regulations governing the use of safety shoes, growing popularity of comfortable and stylish safety shoes, and growth of high-risk industries.
The safety shoes market is segmented by product, material, application, and region.
The key players in the safety shoes market include Honeywell International Inc., Wolverine World Wide Inc., VF Corporation, Bata Corporation, and Dunlop Protective Footwear.
Value Chain Analysis: Safety Shoes Market
Impact of COVID-19 on Safety Shoes Market
Pre and Post Covid -19 Market Scenario Analysis
Market Recovery Timeline and Challenge
Measures Taken by Top Players
Safety Shoes Market, Segmentation by Type
Market Size and Forecast, Segmentation by Type
Market Size and Forecast, By Region
Market Size and Forecast, By Region
Safety Shoes Market, Segmentation by Application
Market Size and Forecast, Segmentation by Application
Market Size and Forecast, By Region
Market Size and Forecast, By Region
Safety Shoes Market Share Analysis, 2022 (%)
Key Developments & Growth Strategies
Consolidated SWOT Analysis of Key Players
Anbu Safety Industrial Co. Ltd.
GABRI SAS DI MOLO SANTE and C.
SAFETYKING INDUSTRIAL FOOTWEAR M SDN BHD
Son of the Nature of Technology
W. L. Gore and Associates Inc.
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