Infinium Global Research Industrial Protective Footwear Market | Page 3

Industrial Protective Footwear Market: Trends and Forecast -2024
employing advanced protective footwear at their workplaces in a strict manner to
reduce the human injury and financial loss to the organization.
However, factors such as lack of awareness about protective footwear among
workers in small and mid-sized industries in developing countries and growing
preference of substandard protective footwear materials by several organizations
are restraining the growth of this market in short and medium term. North America
and Europe held the leading share in the global industrial protective footwear
market due to the developed industrial sector, stringent government rules
concerning the safety of human being and provision of financial compensation in
case of injury to workers. Additionally, growth in demand for strong safety measure
in working place by labor unions and implementation of a government initiative of
workers safety measures in true spirit is expected to boost the market in the
medium and long-term.
North America and Europe held the leading share in the global industrial protective
footwear market due to the developed industrial sector, stringent government
rules concerning the safety of human being and provision of financial compensation
in case of injury to workers. Furthermore, the Europe industrial footwear market is
expected to grow over at a good CAGR in the coming years due to the presence of
several shoe manufacturing firms in countries such as the U.K., Spain, Italy, France,
and Germany. The increasing government regulations in Asia Pacific region
regarding workplace safety is most likely to boost the demand for industrial
protective footwear in the Asia Pacific region, especially in China and India. These
regions are expected to boost the demand for protective footwear due to growing
industrialization, the growth of the construction sector. Additionally, the growth of
several industries as chemical, pharmaceutical, iron, and steel industries are
helping to boost the demand for industrial protective footwear products in this
region.
Segment Covered
The report on global industrial protective footwear market covers segments such
as, type and application. On the basis of type the global industrial protective
footwear market is categorized into leather footwear, waterproof footwear, rubber
footwear and plastic footwear. On the basis of application the global industrial
protective footwear market is categorized into construction, manufacturing,
mining, oil and gas, chemical, food, pharmaceuticals and transport.
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