The ANZ industrial protective footwear market was valued at US$ 57. 20 million in 2018 and is projected to reach US$ 77. 63 million by 2027; it is expected to grow at a CAGR of 3. 6% from 2019 to 2027.
New York, July 25, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "ANZ Industrial Protective Footwear Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Standard ; Type ; Application" - https://www.reportlinker.com/p05934758/?utm_source=GNW
Industrial footwear is specifically designed to safeguard workers from physical harm and feet injuries caused at workplace by accidents.They can protect workers from injuries caused by fallen objects, explosions, chemical products splattering, electrical contacts, and mechanical risks, etc.
Industrial protective footwear is made up of materials such as rubber, leather, or plastic, and primarily have high level of adhesion for greasy, and wet floors and surfaces. The footwear is mainly used by workers employed in industries such as manufacturing, mining, construction, oil & gas, chemicals, and transportation.
ANZ is expected to emerge as a prominent market for industrial protective footwear over the forecast period.Growing adoption of health and safety practices to reduce workplace fatalities, and introduction of various government initiatives and programs related to worker safety are expected to boost the demand for protective footwear during the forecast period.
The growth of the construction, manufacturing, mining, and oil & gas industries, among others, is also raising the demand for industrial protective footwear.
Based on standard, the ANZ industrial protective footwear market is segmented into AS 2210.3:2019, AS 2210.5:2019, and others. In 2018, AS 2210.3:2019 segment led the market with the largest share and is expected to continue its dominance during the forecast period. AS 2210.3:2019. 2210.3:2019 safety standards are similar to European safety standard "EN ISO 20345 Personal Protective Equipment - Safety Footwear". The AS 2210.3:2019 standard focuses on the heel area on boots; height of upper, pressure, and bump impact resistance of toe cap; minimum length of footwear; water vapor permeability and water vapor number of upper; and thickness and abrasion resistance of outsole. Footwear, in accordance with AS 2210.3:2019, is intended to protect the wearer from falling or rolling objects, and bumps; it is also meant to refrain users from walking into sharp or pointed objects and hot and cold substances. Rapid developments in industries such as construction, manufacturing, mining, and oil & gas has led to increase in number of manufacturing stages and protocols, which compels plant operators to prioritize worker safety.
The key players operating in ANZ industrial protective footwear market are Bata Industrials Australia, Blundstone Pty Ltd, Dewalt, Dunlop, Oliver Footwear, Honeywell Safety Products, Redback Boots, Safeworx, Skellerup, and Steel Blue.These companies provide industrial protective footwear for the diversified industry applications.
They also operate their production facilities for industrial protective footwear in various countries worldwide, which helps them in catering to a wider customer base. These market players are highly focused toward the development of high-quality and innovative products.
The active COVID-19 pandemic began in Wuhan (China) in December 2019.The outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns.
Construction, manufacturing, mining, oil and gas, chemicals, food, pharmaceutical, and transportation industries, among others, are facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. This is projected to hamper the industrial protective footwear market growth in ANZ.
The ANZ industrial protective footwear market size has been derived in accordance with to both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants typically participating in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the industrial protective footwear market.
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