Global Industrial Safety Footwear Market 2022 Analysis May Set New Growth Story, Forecast to 2028

The global industrial safety footwear market is expected to grow at a CAGR of 5.0% during the forecast period (2022-2028). Workers across different industries need safety gears. Safety shoes are also a gear which is mandatory for workers across different industries. Automotive, logistics, manufacturing, food, health care are some industries where workers need safety shoes for protective operations. Materials used in safety shoes at present times are mainly lightweight. Utilitarian and comfortable shoes are more in demand for workers in industries. This is made possible by manufacturers which produce shoes with synthetic material. Rising partnerships have been witnessed in the market. For instance, in April 2020,  Dunlop Protective Footwear partnered with LineDrive. This partnership will expand Dunlop’s business as LineDrive will act as its sales agency. LineDrive provides technology-enabled services and solutions to clients in order to develop and grow businesss. It provides solution in terms of worker safety. LineDrive will support Dunlop to make protective footwear for oil and gas industry.

Companies are expanding their market presence with collaboration with other market players. For instance, in March 2022, SureWerx announced its acquisition of Footwear Specialties International. SureWerx is a manufacturer of safety and tool equipment. Footwear Specialties International is a manufacturer of safety footwear company. FSI launched many products in order to expand their market. Some major players in the market include Dunlop Protective Footwear, VF Corp., and Bata Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in January 2021, Rocky Brands declared that it is acquiring the lifestyle footwear business of Honeywell. Under the terms of business, Honeywell will sell The Original Muck Boot Company, XTRATUF fishing boots and deck shoes, Ranger, NEOS overshoes and Servus protective rubber boots business to Rocky Brands.

Competitive Landscape-

Dunlop Protective Footwear, VF Corp., and Bata Corp., among others.

By Application

• Construction
• Automotive
• Logistic
• Healthcare
• Others

By Distribution Channel

• Online
• Offline

Scope of the Report
The research study analyzes the Global Industrial Safety Footwear industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Global Industrial Safety Footwear Market Report
1. What was the Global Industrial Safety Footwear Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Global Industrial Safety Footwear Market during the forecast period (2022-2028)?
   3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
   4. Which manufacturer/vendor/players in the Global Industrial Safety Footwear Market was the market leader in 2021?
   5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the Global Industrial Safety Footwear market.
• The market share of the Global Industrial Safety Footwear market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Global Industrial Safety Footwear market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Industrial Safety Footwear market.