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Industrial Protective Footwear Market Estimated to Record Highest CAGR by 2024

Industrial Protective Footwear which is also known as safety boot or shoe is vigilantmaterial that helps to protect foot from falling objects, direct compression menace. For example Heavy building materials and construction equipment could pose serious injury to the body, including feet. Hence it is mainly approved by different construction industries. These shoes are mainly covered with steel or other hand shell protection which works as a shield for feet and ankles.

Protective shoes comes in many categories such as steal toe, plain toe, gumboots, antiskid safety shoe, chemical industrial safety shoe, heat resistant safety shoe, leather shoe, PVC safety shoe, rubber safety shoe, etc. The report provides a thorough overview of the growth curvedisplayed by the industrial protective footwear market in a global scenario. It includes an in-depth and constant analysis of the factors influencing the demand and supply trends in the market.

Overview of Industrial Protective Footwear Market

In 2013, Global Industrial protective footwear market was valued US$6.3 bn.Further this market is determine to collect US$9.4 bn by the end of 2020 and show a lift of 6.0% CAGR. Global Industrial protective footwear market underpasses safety footwear designed to raise workplace safety in industries. Industries where protective footwear is primarily active is in chemical, construction, oil and gas, pharmaceuticals, transportation, food, mining, and manufacturing.

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A unique system in Industrial protective boots is maintained that they usually have a safety symbol printed on them. This initiative arebought by government regulatory bodies and they reveal the protection& safety level of the footwear. Additionally, these boots are produced in conformity with standards for safety shoes across various countries. For instance, in the U.S., industrial footwear production is carried out in consonance with the standards laid down by the American National Standard for Personal Protection-Protective Footwear (ANSI).

Major reason in increase in the number of worker accidents has arrived as the key reason behind widespread approval of industrial protective footwear. Presently, the market witnesses increasing demand from North America, Asia Pacific, and Europe. Among these regions, Europe is at top in global market for industrial protective footwear in 2013. After Europe, North America emerged as the second largest market for industrial protective footwear the same year. The growth of the market in Europe is due to the presence of a large number of safety shoe manufacturers in countries such as the U.K, France, Italy, Germany, and Spain respectively.

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Industrial Protective Footwear Market :Segmentation.

Industrial Protective Footwear Market (By Geography)

North America, Europe, Asia Pacific, Rest of the World.

Industrial Protective Footwear Market (By Type)

Leather footwear , Waterproof footwear, Rubber footwear, Plastic footwear

Industrial Protective Footwear Market (By application)

Construction, Manufacturing , Mining , Oil and Gas , Chemicals , Food , Pharmaceuticals, Transportation.

Active Key Players :

To provide a holistic overview of the prevailing competitive landscape of the global industrial protective footwear market, the report also profiles companies such as Rahman Group, Jal Group, Oftenrich Holdings Co. Ltd. (Golden Chang), Saina Corporation Co. Ltd., Honeywell Safety Products, ELTEN GmbH, UVEX Safety Group, COFRA Holding AG, VF Corporation, and Rock Fall Ltd.

Report Analysis: https://www.researchreportinsights.com/report/upcomming/120124570/Industrial-Protective-Footwear-Market