PUBLISHER: KBV Research | PRODUCT CODE: 1395715
PUBLISHER: KBV Research | PRODUCT CODE: 1395715
The Europe Industrial Protective Footwear Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 47,072.1 thousand units, showcasing a growth of 5.4% (2019-2022).
A notable trend is the infusion of fashion-forward designs into these footwears. The perception of safety gear as purely utilitarian is evolving, with manufacturers recognizing the importance of aesthetics. Stylish designs boost worker morale and contribute to a positive safety culture by fostering a sense of pride in wearing protective footwear. Traditional laces are being complemented or replaced by innovative closure systems such as quick-lacing mechanisms, BOA systems, or adjustable straps. These designs enhance the ease of putting on and removing footwear, facilitating a quicker and more efficient transition for workers.
A more informed and aware workforce contributes to the demand for better safety measures. Workers are increasingly aware of their potential hazards and proactively advocate for safety. This heightened awareness translates into a greater demand for high-quality industrial protective footwear that meets regulatory standards and aligns with the expectations of a safety-conscious workforce. Workers increasingly know their legal rights to a safe and healthy working environment. Advocacy for worker rights and safety initiatives has amplified the importance of employers providing appropriate protective gear. Workers are more likely to demand and actively participate in selecting these footwears that aligns with regulatory standards.
In 2022, the U.K. Government planned to invest over 160 million dollars to improve infrastructure and aid local communities. This expenditure mainly focuses on developing and repairing four major road schemes: the road linking St Austell to the A30, Tyne Bridge, A34, and A35 Redbridge Causeway. Training programs and awareness initiatives within the U.K. construction sector promote the importance of wearing appropriate protective footwear. Training programs and awareness initiatives within France's chemical and mining sectors promote the importance of wearing appropriate protective footwear. The factors mentioned above will drive the regional market growth.
The Germany market dominated the Europe Industrial Protective Footwear Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.1 Billion by 2030. The UK market is exhibiting a CAGR of 4.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.2% during (2023 - 2030).
Based on Product, the market is segmented into Leather, Rubber, PVC, Polyurethane and Others. Based on Application, the market is segmented into Construction, Oil & Gas, Manufacturing, Chemicals & Pharmaceuticals, Mining, Food, Transportation and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., VF Corporation, ELTEN Gmbh, Uvex Group, Rock Fall Ltd., Wolverine World Wide, Inc. (Sure-loc Landscape Edging Corporation), Bata Corporation, Rahman Group, COFRA Holding AG and Dunlop Protective Footwear.
Market Segments covered in the Report:
By Product (Volume, Thousand Unit, USD Billion, 2019-30)
By Application (Volume, Thousand Unit, USD Billion, 2019-30)
By Country (Volume, Thousand Unit, USD Billion, 2019-30)
Companies Profiled
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