Safety Shoes Market Size is expected to grow approximately at a CAGR of 5.78% during the forecast period: Reed Intelligence

Global Safety Shoes Market Size is slated to grow substantially at a CAGR of approximately 5.78% during forecast period. The United States is the biggest market for safety shoes in North America.

 | Source: Reed Intelligence Reed Intelligence

New York, United States, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The report finds that the growth of the Safety Shoes Market is being driven by the increasing demand for occupational safety and health (OSH) compliance. Safety shoes are an essential part of OSH compliance, as they help to protect workers from injuries caused by slips, trips, falls, and other hazards. The report also notes that the market is being supported by the rising awareness of the importance of workplace safety.

Safety shoes, commonly referred to as steel-toe boots or safety toe shoes, are a kind of footwear made to safeguard your feet while working in potentially dangerous conditions. They are frequently employed in a variety of sectors, including manufacturing, logistics, construction, and mining, where there is a possibility of damage from falling objects, sharp objects, electrical hazards, or other possible hazards.


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Market Dynamics

The market for safety shoes is driven by a number of reasons, including rising workplace safety awareness, an increase in the number of laws controlling their usage, a rise in the demand for comfortable, fashionable safety shoes, and the expansion of high-risk industries. By product, material, application, and region, the market is divided into subgroups.

There are several significant participants in the competitive market for safety shoes. In the upcoming years, the market for safety shoes is anticipated to expand as a result of the aforementioned causes. The market is, however, also dealing with some difficulties, such as the rise of fake goods and the rising price of safety footwear. Despite these difficulties, it is anticipated that the market for safety shoes will continue to expand in the years to come.

Key Players

  • 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


Report Scope

Report MetricDetails
Compound Annual Growth Rate (CAGR)5.78%
Forecast Period2023-2031
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments CoveredSegmentation by Type
  • High-top
  • Low-top
Segmentation by Application
  • Industrial
  • Construction
Geographies Covered
  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • LATAM
Market DriversThe rise in safety standards
Market Opportunities
  1. Growing Demand From The Construction Industry
  2. Increasing Government Regulations

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Regional Analysis

The United States is the biggest market for safety shoes in North America. The regional market receives significant contributions from the US and Canada. The need for safety shoes is essential in key areas like construction, manufacturing, oil and gas, and transportation to safeguard workers from numerous risks. To increase worker compliance, there has also been an increasing trend towards more fashionable and cosy safety footwear.

Another large market for safety shoes is Europe. The need for protective footwear is driven by the sizeable industrial sectors in nations like Germany, the United Kingdom, Italy, and France. The market for safety shoes in Europe has seen a significant trend towards the use of cutting-edge safety technologies and materials. The region's growing emphasis on sustainability has also increased demand for recyclable and eco-friendly safety shoes.

Safety Shoes Market Segmentations

Segmentation by Type

  • High-top
  • Low-top

Segmentation by Application

  • Industrial
  • Construction

Segmentation by Region

  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • LATAM

Key Highlights for the Safety Shoes Market:

  • The Safety Shoes Market Size is expected to grow at a CAGR of 5.78% from 2023 to 2031.
  • The growth of the safety shoes market is being driven by a number of factors, including increasing awareness of the importance of workplace safety, rising number of regulations governing the use of safety shoes, growing popularity of comfortable and stylish safety shoes, and growth of high-risk industries.
  • The safety shoes market is segmented by product, material, application, and region.
  • The key players in the safety shoes market include Honeywell International Inc., Wolverine World Wide Inc., VF Corporation, Bata Corporation, and Dunlop Protective Footwear.

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Safety Shoes Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Safety Shoes Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Safety Shoes Market, Segmentation by Type
    1. Introduction
      1. Market Size and Forecast, Segmentation by Type
    2. High-top
      1. Market Size and Forecast, By Region
    3. Low-top
      1. Market Size and Forecast, By Region
  10. Safety Shoes Market, Segmentation by Application
    1. Introduction
      1. Market Size and Forecast, Segmentation by Application
    2. Industrial
      1. Market Size and Forecast, By Region
    3. Construction
      1. Market Size and Forecast, By Region
  11. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      2. U.S.
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      3. Canada
    3. Europe
      1. Market Size and Forecast
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      2. U.K.
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      3. Germany
      4. France
      5. Spain
      6. Italy
      7. Russia
      8. Nordic
      9. Benelux
      10. Rest of Europe
    4. APAC
      1. Market Size and Forecast
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      2. China
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      3. Korea
      4. Japan
      5. India
      6. Australia
      7. Singapore
      8. Taiwan
      9. South East Asia
      10. Rest of Asia-Pacific
    5. Middle East and Africa
      1. Market Size and Forecast
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      2. UAE
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      3. Turky
      4. Saudi Arabia
      5. South Africa
      6. Egypt
      7. Nigeria
      8. Rest of MEA
    6. LATAM
      1. Market Size and Forecast
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      2. Brazil
        1. Segmentation by Type
          1. High-top
          2. Low-top
        2. Segmentation by Application
          1. Industrial
          2. Construction
      3. Mexico
      4. Argentina
      5. Chile
      6. Colombia
      7. Rest of LATAM
  12. Competitive Landscape, 2022
    1. Introduction
    2. Safety Shoes Market Share Analysis, 2022 (%)
      1. Market Share Analysis, 2022
      2. Competition Ranking, 2022
      3. Key Developments & Growth Strategies
        1. Merger & Acquisition
        2. Product Launch
        3. Expansion
      4. Consolidated SWOT Analysis of Key Players
  13. Company Profile
    1. Anbu Safety Industrial Co. Ltd.
      1. Business Overview
      2. Financial Data
      3. Key Product Categories
      4. Recent Developments
    2. Bata Brands Sarl
    3. COFRA Srl
    4. Dunlop Protective Footwear
    5. GABRI SAS DI MOLO SANTE and C.
    6. Honeywell International Inc.
    7. KARAM group
    8. Liberty Shoes Ltd
    9. Pezzol Industries Srl
    10. RAHMAN GROUP
    11. Rock Fall UK Ltd
    12. SAFETYKING INDUSTRIAL FOOTWEAR M SDN BHD
    13. Son of the Nature of Technology
    14. uvex group
    15. VF Corp.
    16. W. L. Gore and Associates Inc.
    17. Wolverine World Wide Inc.
    18. Zain International


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Safety Shoes Market Size Safety Shoes Construction Safety Shoe Industrial Safety Shoes Foot Protection Steel Toe Boots safety

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