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Safety Shoes Market to Record 4.9% of Y-O-Y Growth Rate, Increase in Safety Standards to Drive Growth - Technavio

·14 min read

NEW YORK, Sept. 23, 2022 /PRNewswire/ -- Safety Shoes Market Facts at a Glance-

Technavio has announced its latest market research report titled Global Safety Shoes Market 2022-2026
Technavio has announced its latest market research report titled Global Safety Shoes Market 2022-2026
  • Total Pages: 120

  • Companies: 10+ – Including Anbu Safety Industrial Co. Ltd., Bata Brands Sarl, COFRA Srl, Dunlop Protective Footwear, GABRI SAS DI MOLO SANTE and C., Honeywell International Inc., KARAM group, Liberty Shoes Ltd, Pezzol Industries Srl, RAHMAN GROUP, Rock Fall UK Ltd, SAFETYKING INDUSTRIAL FOOTWEAR M SDN BHD, Son of the Nature of Technology, uvex group, VF Corp., W. L. Gore and Associates Inc., Wolverine World Wide Inc., and Zain International among others.

  • Coverage: Key drivers, trends, and challenges; product insights and news; value chain analysis; parent market analysis; and vendor landscape

  • Segments: End-user (construction, chemicals, manufacturing, mining, and others)

  • Geographies: APAC, North America, Europe, South America, and the Middle East and Africa

Get a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

According to the recent market study by Technavio, the Safety Shoes Market size is expected to increase by USD 1.64 billion from 2021 to 2026, with an accelerated CAGR of 5.78%. The report provides a detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimations, and major investment pockets.

Latest Drivers, Challenges, and Trends Driving the Market-

  • Safety Shoes Market Driver:

The rise in safety standards will compel end-user industries to adhere to safety practices such as the use of safety shoes. American National Standards Institute (ANSI) mandates the manufacturers of safety shoes to meet performance standards. This will promote workplace safety, which, in turn, will drive the global safety shoe market.

  • Safety Shoes Market Challenge:

It is important to select appropriate shoes for the industrial requirement. Improper selection can pose several hazards, depending on the work undertaken by industries. It can result in foot-related problems such as corns, calluses, bunions, and hammertoes.

  • Safety Shoes Market Trend:

Safety shoes are ergonomically designed and provide protection and support to the natural movement of the human body. The design of these shoes is governed by parameters such as less strain on joint angles of the feet and even pressure distribution.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Vendor Insights

The safety shoes market is fragmented, and the vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market. The key offerings of some of the vendors are listed below:

  • Bata Brands Sarl - The company offers safety shoes such as 3 Button Boot, B Sport, Bora Derby, and High Cut.

  • COFRA Srl - The company offers safety shoes such as Best Fire F2, No Flame, No Streamer, and Shovel.

  • Dunlop Protective Footwear - The company offers safety shoes such as Pro Series, Vibram Series, Snugboot Series, and Guard Series.

Technavio's reports provide key strategic initiatives used by vendors, along with key news and the latest developments. View our FREE PDF Sample Report Now

Regional Market Outlook

The safety shoes market share growth in APAC will be significant during the forecast period. China and Japan are the key countries for the market in the region. The growth of the region is attributed to factors such as rapid industrialization and urbanization, which have led to growth in the automotive, construction, and manufacturing industries.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Didn't Find What You Were Looking For? Customize Report

Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Technavio can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

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Safety Shoes Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.78%

Market growth 2022-2026

USD 1.64 billion

Market structure

Fragmented

YoY growth (%)

4.9

Regional analysis

APAC, North America, Europe, South America, Middle East and Africa

Performing market contribution

APAC at 39%

Key consumer countries

US, China, Japan, Germany, and the UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Key companies profiled

Anbu Safety Industrial Co. Ltd., Bata Brands Sarl, COFRA Srl, Dunlop Protective Footwear, GABRI SAS DI MOLO SANTE and C., Honeywell International Inc., KARAM group, Liberty Shoes Ltd, Pezzol Industries Srl, RAHMAN GROUP, Rock Fall UK Ltd, SAFETYKING INDUSTRIAL FOOTWEAR M SDN BHD, Son of the Nature of Technology, uvex group, VF Corp., W. L. Gore and Associates Inc., Wolverine World Wide Inc., and Zain International

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Discretionary Market Reports

Table of Contents

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2021

  • 3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by End-user

  • 5.1 Market segments

  • 5.2 Comparison by End-user

  • 5.3 Construction - Market size and forecast 2021-2026

  • 5.4 Chemical - Market size and forecast 2021-2026

  • 5.5 Manufacturing - Market size and forecast 2021-2026

  • 5.6 Mining - Market size and forecast 2021-2026

  • 5.7 Others - Market size and forecast 2021-2026

  • 5.8 Market opportunity by End-user

6 Customer Landscape

  • 6.1 Customer landscape overview

7 Geographic Landscape

  • 7.1 Geographic segmentation

  • 7.2 Geographic comparison

  • 7.3 APAC - Market size and forecast 2021-2026

  • 7.4 North America - Market size and forecast 2021-2026

  • 7.5 Europe - Market size and forecast 2021-2026

  • 7.6 South America - Market size and forecast 2021-2026

  • 7.7 Middle East and Africa - Market size and forecast 2021-2026

  • 7.8 US - Market size and forecast 2021-2026

  • 7.9 China - Market size and forecast 2021-2026

  • 7.10 Japan - Market size and forecast 2021-2026

  • 7.11 Germany - Market size and forecast 2021-2026

  • 7.12 UK - Market size and forecast 2021-2026

  • 7.13 Market opportunity by geography

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers

  • 8.2 Market challenges

  • 8.3 Impact of drivers and challenges

  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview

  • 9.2 Vendor landscape

  • 9.3 Landscape disruption

  • 9.4 Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered

  • 10.2 Market positioning of vendors

  • 10.3 Bata Brands Sarl

  • 10.4 COFRA Srl

  • 10.5 Dunlop Protective Footwear

  • 10.6 Honeywell International Inc.

  • 10.7 KARAM group

  • 10.8 Liberty Shoes Ltd

  • 10.9 Rock Fall UK Ltd

  • 10.10 uvex group

  • 10.11 VF Corp.

  • 10.12 Wolverine World Wide Inc.

11 Appendix

  • 11.1 Scope of the report

  • 11.2 Inclusions and exclusions checklist

  • 11.3 Currency conversion rates for US$

  • 11.4 Research methodology

  • 11.5 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Safety Shoes Market 2022-2026
Global Safety Shoes Market 2022-2026
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