PUBLISHER: KBV Research | PRODUCT CODE: 1395717
PUBLISHER: KBV Research | PRODUCT CODE: 1395717
The Latin America, Middle East and Africa Industrial Protective Footwear Market would witness market growth of 7.5% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 32,256.9 thousand units, showcasing a growth of 9.0% (2023-2030).
Industrial protective footwear (also known as safety boots or shoes) is protective equipment that helps to protect the foot from falling objects and direct compression threats. Heavy building materials and construction equipment, including feet, can seriously injure the body. That is why different construction industries mainly prefer it. These shoes are primarily covered with steel or other hand-shell protection, which safeguards feet and ankles. Protective shoes come in many categories: steal toe, plain toe, gumboots, antiskid safety shoes, chemical industrial safety shoes, heat resistant safety shoes, leather shoes, PVC safety shoes, rubber safety shoes, etc.
Smart safety footwear can be equipped with communication features, allowing wearers to stay connected with colleagues and supervisors. This is especially useful in situations where rapid communication is essential. Features like two-way radios or integration with communication devices enhance coordination and response capabilities, fostering a safer and more connected workplace. Some advanced smart safety footwear incorporates augmented reality (AR) features for training purposes. AR can provide wearers with immersive simulations of potential hazards and safety protocols. This interactive training methodology enhances the effectiveness of safety training, allowing workers to familiarize themselves with potential risks in a controlled virtual environment.
The mining industry deals with heavy machinery, equipment, and materials, creating a risk of impact and compression injuries to workers' feet in Saudi Arabia. These footwears with reinforced toe caps and metatarsal protection protects against these hazards. According to ITA, Saudi Arabia has also established a mining fund to support up to $15 billion in overseas assets to reduce its reliance on fossil fuels. Moreover, as the Kingdom seeks to wean its economy from oil production and exports, mining is becoming an increasingly important aspect of Saudi Arabia's economic development, after energy and petrochemicals. Due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Industrial Protective Footwear Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $440.3 Million by 2030. The Argentina market is showcasing a CAGR of 8.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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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