What Drives the Global Industrial Protective Footwear Market?

Published By : 09 Feb 2016 | Published By : QYRESEARCH

Aesthetic value, safety, innovation, and comfort are the key characteristics of protective footwear. Shoemakers over the years have been striving to bring together these main features to provide maximum safety in the workplace and also offer comfort to workers in the long run. Industrial footwear has been witnessing strong demand from various industries to avoid occupational accidents and fatalities. 

With the constantly evolving dynamics of the industrial protective footwear market, this industry is anticipated to witness rapid growth in the coming years. Recently, JAL Group signed an agreement with Japan based Simon Corporation regarding an exchange of technical and manufacturing knowledge to benefit both companies. Partnerships such as these greatly improve product offerings and this is likely to generate a new wave of consumers in the industrial protective footwear market. 

Implementation of Strict Safety Regulations Driving Growth 

The rapid growth of the industrial protective footwear market is mainly attributed to the growing demand for safety footwear in developing economies. Major manufacturing plants are located in developing countries, making them the prime consumers of industrial protective footwear. In totality, the regions that have been significantly contributing to the development of the global industrial protective footwear market are North America, Europe, and the Middle East. Robust demand from countries such as Japan, China, and India is projected to drive the Asia Pacific market over the coming years. Another important factor that is fueling the industrial protective footwear market is the implementation of stringent safety regulations and relentless support from bodies such as the International Labor Organization. 

Europe Emerges as Leader in Industrial Protective Footwear Market 

Geographically, the global industrial protective footwear market is segmented into Europe, North America, Asia Pacific, and Rest of the World. Research has shown that Europe presently dominates the overall market with North America following suit. An increasing number of footwear manufacturers in European countries such as Italy, the UK, France, Germany, and Spain is mainly responsible for this growth. 

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