Industrial Safety Footwear Market size to exceed USD 11 billion by 2030

Industrial Safety Footwear Market size is expected to surpass USD 11 billion by 2030, according to a new research report by Global Market Insights Inc.
 

The report identifies stringent legislation regarding the health and safety of workers as a prominent driver of the industrial safety footwear industry growth. A notable example is the introduction of the Work Health and Safety laws by the Department of Mines, Industry Regulation, and Safety in Western Australia. Under these laws, there are reporting requirements for serious injuries that occur during the conduct of business. Such obligations will encourage business owners to rely on steel toe shoes and other safety footwear made with durable materials.
 

Industrial safety boots to gain popularity in agriculture operations

On the basis of product, the report divides the industrial safety footwear market into shoes and boots. The development of high-quality safety boots for daily operations across the agricultural sector has gained momentum, the report claims. For example, footwear such as the Dikamar Alpha boot is specially designed for the agriculture sector, with properties including lightweight, flexibility, resistance to acids, fats, oils, and organic solvents, and superior grip on slippery surfaces. The increasing focus on the use of protective footwear in demanding industrial environments such as agriculture will stimulate industry expansion from the boots segment, which is expected to record revenue worth over 4 billion by 2030.
 

Adoption of safety footwear to gain traction in mining and fishery industries

With regards to application, the industrial safety footwear market is segmented into construction, fishery, mining, oil & gas, and agriculture. Among these, the mining segment is projected to depict a CAGR of over 1% through 2030. The demand for minerals and utility metals has witnessed an upsurge in recent years, which will facilitate the adoption of industrial protective footwear across the mining sector. Additionally, the report indicates significant product demand from the fishery segment over the coming years. This growth is credited mainly to the escalating awareness regarding the nutritional benefits of fish.
 

Browse key industry insights spread across 400 pages with 112 market data tables & 18 figures & charts from the report, “Global Industrial Safety Footwear Market Size By Product (Shoes {By Material [Leather (Construction, Oil & Gas, Transport, Mining, Food, Pharmaceuticals, Agriculture, Fishery), Rubber (Construction, Oil & Gas, Transport, Mining, Food, Pharmaceuticals, Agriculture, Fishery), PVC (Construction, Oil & Gas, Transport, Mining, Food, Pharmaceuticals, Agriculture, Fishery), PU (Construction, Oil & Gas, Transport, Mining, Food, Pharmaceuticals, Agriculture, Fishery)]}, Boots {By Material [Leather (Construction, Oil & Gas, Transport, Mining, Food, Pharmaceuticals, Agriculture, Fishery), Rubber (Construction, Oil & Gas, Transport, Mining, Food, Pharmaceuticals, Agriculture, Fishery), PVC (Construction, Oil & Gas, Transport, Mining, Food, Pharmaceuticals, Agriculture, Fishery), PU (Construction, Oil & Gas, Transport, Mining, Food, Pharmaceuticals, Agriculture, Fishery)]}, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/industrial-safety-footwear-market
 

Key usage attributes to strengthen industry demand from the rubber segment

The use of rubber in industrial safety shoes is increasing, owing to its low costs and high durability. Rubber soles are also slip-resistant, offering a better grip on uneven surfaces. Additionally, these products are oil- and water-resistant, allowing consumers to work safely in wet, slippery, and muddy environments. The industrial safety footwear industry size from the rubber segment is projected to reach more than 31 million pairs by 2030, as per the report.
 

Strong focus on worker safety to push the Europe industrial safety footwear market expansion

Regionally, the European market  is set to reach a valuation of more than USD 4 billion by 2030. This is credited to the strong presence of several companies operating in the regional food, manufacturing, and construction industries, promoting the usage of safety footwear. Furthermore, stringent regulatory norms have been introduced to ensure worker safety, generating lucrative growth opportunities for the regional industry development.
 

Product range expansion to remain a key growth strategy

The competitive landscape of the industrial safety footwear market is slated to witness mergers and acquisitions and product range expansion initiatives among industry players. For instance, in August 2022, Blundstone launched RotoFlex, a new range of safety boots featuring Infinergy Expanded Thermoplastic Polyurethane of BASF for consumers in Australia, including tradespeople, miners, construction workers, and logistics staff.  Some of the key market players profiled in the report include Bata Industrials, Delta Plus, Dunlop Protective Footwear, Pezzol, JAL Group, Uvex Safety Group, and Seiviare.