Global Industrial Protective Footwear Market to Reach US$ 12.4 Billion by 2028, Fostered by Rapid Industrial Development

December 06, 2022

IMARC Group's latest report, titled "Industrial Protective Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," finds that the global industrial protective footwear market size reached US$ 9.6 Billion in 2022. Industrial protective footwear is functional footwear designed to protect industrial workers from injuries caused by high-risk physical labor tasks, such as electrical contacts and moving machinery during industrial work. Some common features of industrial protective footwear include comfort, safety, innovation, and aesthetic value. They are manufactured from materials such as rubber, leather, and plastics. They ensure the safety of the workers and improve their working efficiency with advanced features, including better support for the heel and arch, enhanced grip, and decreased foot fatigue. As a result, industrial protective footwear is gaining immense traction in numerous industries across the globe.

Global Industrial Protective Footwear Market Trends:

Rapid industrial development and the surging adoption of health and safety practices to minimize workplace fatalities represent the primary factors driving the market growth. Additionally, poor working conditions and extended work hours of industrial workers are positively influencing market growth. Moreover, there has been a significant rise in the risk of electric shocks due to the surging popularity of hybrid and fully electric vehicles. In addition, the implementation of favorable government policies mandating the use of safety shoes in several work environments and stringent occupational safety standards is another major growth-inducing factor. Apart from this, the easy availability of product variants via offline and online retail channels and the rising awareness regarding worker safety across the industrial sector are contributing to the market growth. Besides this, rapid expansion in the construction and heavy machinery industries has propelled the market growth. Furthermore, several key players are introducing novel protective footwear that is more lightweight than heavy boots, which in turn has accelerated the product adoption rate. Along with this, the integration of digital sensors and actuators in industrial footwear that interpret sensor data to prevent slipping or loss of control in industrial facilities has catalyzed market growth. Other factors, including rising health concerns, rapid growth in the oil & gas industry, and ongoing product innovations, are also anticipated to provide a positive impact on market growth. Looking forward, IMARC Group expects the market value to reach US$ 12.4 Billion by 2028, expanding at a CAGR of 4.2% during 2023-2028.

Market Summary:

  • Based on the type, the market has been segmented into leather, waterproof, rubber, and plastic footwear. 
  • On the basis of the product, the market has been bifurcated into shoes and boots. 
  • The market has been categorized based on the distribution channel into offline and online. 
  • Based on the application, the market has been segregated into construction, manufacturing, mining, oil and gas, chemical, pharmaceuticals, transportation, and others. 
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. 
  • The competitive landscape of the market has also been examined, with some of the key players being Bata Corporation, Caterpillar Inc., COFRA S.r.l., Dunlop Protective Footwear, ELTEN GmbH, Hillson Footwear Pvt. Ltd., Honeywell International Inc., Rahman Group, Rock Fall (UK) Ltd., Saina Group Co. Ltd., UVEX WINTER HOLDING GmbH & Co. KG, and Wolverine World Wide Inc.
     

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste 
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Industrial Protective Footwear Market to Reach US$ 12.4 Billion by 2028, Fostered by Rapid Industrial Development
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More