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According to a new report, published by KBV research, The Global Industrial Protective Footwear Market size is expected to reach $15.5 billion by 2030, rising at a market growth of 6.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,16,129.8 thousand units, experiencing a growth of 6.1% (2019-2022).
The Leather market dominated the Global Industrial Protective Footwear Market, by Product in 2022; thereby, achieving a market value of $9,037.3 Million by 2030. Leather is known for its exceptional durability, making it a preferred choice for these footwears. In industries where workers risk heavy objects falling or rolling onto their feet, leather footwear with reinforced toe caps offers a reliable barrier, preventing injuries. Leather is a breathable material, allowing air circulation and moisture evaporation. This breathability contributes to the comfort of these footwears by preventing excessive heat and moisture buildup inside the shoes. Comfortable footwear enhances worker satisfaction and promotes prolonged use.
The Oil & Gas segment is experiencing a CAGR of 7.1% during (2023 - 2030). The oil & gas segment involves handling hazardous chemicals, including petroleum products and drilling fluids. These footwears with chemical-resistant materials, such as specialized plastics or rubber compounds, is essential to protect workers from potential exposure to corrosive substances. Drilling operations in the oil & gas segment often occur in rugged environments with the risk of punctures and impacts. Protective footwear designed with puncture-resistant features and reinforced toe caps provides crucial protection for workers in drilling activities.
The Europe region dominated the Global Industrial Protective Footwear Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,033.6 Million by 2030. The North America region is poised to grow a CAGR of 5.9% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 6.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/industrial-protective-footwear-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Product (Volume, Thousand Unit, USD Billion, 2019-30)
By Application (Volume, Thousand Unit, USD Billion, 2019-30)
By Geography (Volume, Thousand Unit, USD Billion, 2019-30)
Companies Profiled
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