Industrial Protective Footwear Market Expected to Reach $5,981 Million, Globally, by 2022

 https://www.alliedmarketresearch.com/industrial-protective-footwear-market

The market includes footwear designed to assure workers' safety in industries such as construction, manufacturing, chemical, and others. Rise in health concerns and occupational safety issues have increased the use of industrial protective footwear. Industrialists focus on improving the safety standards owing to increased worker safety issues, thus fueling the demand for safety footwear globally.

The growth of global industrial protective footwear market is driven by rapid industrial development, rise in the number of workplace accidents, and stringent government regulations regarding workers' safety. In addition, introduction of innovative products and expansion in untapped geographies offer new opportunities for the market players. However, lack of awareness toward safety and security of workers in small- and mid-sized industries, majorly in developing economies, restrains the market growth.

Leather footwear is expected to dominate the market throughout the analysis period. The segment constituted over 80% of the industrial protective footwear market size in 2015 and is anticipated to maintain this share till 2022. From a growth perspective, plastic footwear segment would witness the highest CAGR of around 9% from 2016 - 2022.

The construction industry dominated the application segment with over one-third of the total market revenue in 2015, and is expected to grow at a CAGR of 6.8% during the forecast period. The growth is driven by rising number of accidents at construction sites.

In 2015, Europe and North America collectively accounted for more than half of the total industrial protective footwear market size, and are expected to continue this trend during the forecast period, primarily due to increasing government regulations toward workers' safety.

The major companies profiled in the report include Rahman Group, Honeywell Safety Products, Oftenrich Holdings Co. Ltd., COFRA Holding AG, Saina Corporation Co. Ltd., Jal Group, ELTEN GmbH, UVEX Safety Group, VF Corporation, and Rock Fall Ltd.

 https://www.alliedmarketresearch.com/consumer-goods/apparel-and-fashion-market-report

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