Enjoy complimentary customisation on priority with our Enterprise License!
The safety shoes market size is forecast to increase by USD 2.30 billion at a CAGR of 7.11% between 2023 and 2028. Market Growth Drivers include Occupational Safety Gear regulations and Quality Assurance standards, compelling the Manufacturing Sector and Construction Industry to prioritize Heavy Duty Footwear. Compliance with Occupational Health and Safety guidelines like Slip-resistant Shoes and Impact-resistant Boots is crucial, with penalties from bodies like OSHA for non-adherence.
Manufacturers focus on Product Innovation with Comfortable Work Shoes using lightweight materials for enhanced Worker Safety and Employee Wellness. This emphasizes Brand Recognition and expands Distribution Channels through Online Retailers and Workwear Suppliers, meeting diverse needs such as Chemical-resistant Boots and Puncture-Resistant Boots for various sectors like Mining Safety Boots and Military Boots.
For More Highlights About this Report, Download Free Sample in a Minute
The offline segment is estimated to witness significant growth during the forecast period. This segment comprises physical retail and wholesale outlets, which provide customers with a hands-on shopping experience and face-to-face interaction. In addition, retail stores, including brick-and-mortar shoe stores and department stores, offer a diverse range of them. For example, Red Wing Shoe Stores, a well-known retailer, provides a comprehensive selection of these footwear, allowing customers to try on various styles to ensure proper fit and comfort.
Get a glance at the market contribution of various segments Download the PDF Sample
The offline segment was the largest segment and was valued at USD 3.30 billion in 2018. Moreover, these equipment and supply stores are dedicated to serving industries that require the use of these gear, making them a vital offline distribution channel. In addition, construction companies, for instance, may procure footwear in bulk from local distributors, which can provide them with cost-effective solutions for outfitting their workforce. Furthermore, direct sales through manufacturer representatives offer a more personalized approach. In addition, this model often involves onsite consultations and customization of them, making it suitable for industries where customized solutions are paramount. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.
For more insights on the market share of various regions Download PDF Sample now!
APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the main factors that are fuelling the growth of the market in APAC includes rapid industrialization and urbanization, which have led to growth in the construction, automotive, and manufacturing industries. In addition, China, India, Japan, and Australia are some of the key leading countries in the region, owing to their improving economic conditions and increased investments in various industries.
Moreover, public and private sector enterprises in these countries are likely to invest heavily in construction and manufacturing projects, owing to inexpensive labor. Furthermore, the population in these countries is growing at a higher rate than that of developed countries in the region, which will push the demand for new residential infrastructure. Hence, such factors are driving the market growth in APAC during the forecast period.
Regulatory Compliance drives market growth through Personal Protective Equipment (PPE) standards, mandating Electrical Hazard (EH) Shoes in industries. Safety Equipment Suppliers innovate with lightweight materials, addressing Occupational Health and Safety Compliance challenges while ensuring Fire-Resistant Shoes and Chef Boots meet industry demands.
However, market growth faces hurdles with maintenance requirements for PPE. Regular maintenance of safety shoes is essential due to harsh working environments impacting their lifespan. Dehydration from mud and cement exposure necessitates leather moisturization to avoid deterioration, posing a challenge to market expansion.
The Manufacturing Sector witnesses market growth driven by heightened Workplace Safety standards, particularly for Protective Footwear. Regulatory bodies like OSHA enforce these standards, necessitating Industrial Footwear usage to avoid penalties. Compliance with Personal Protective Equipment (PPE) guidelines, including Steel Toe Boots and Composite Toe Boots, enhances Occupational Safety Gear adoption.
Manufacturers focus on producing Heavy Duty Footwear meeting both regulatory and wearer safety requirements, fueling market growth in the Construction Industry and beyond. This emphasis on safety measures underscores the significance of Protective Footwear in industrial settings during the forecast period.
A key factor shaping the market growth is the use of lightweight raw materials for safety shoe making. There is an increasing focus by companies on using lightweight raw materials when designing them as the weight can reduce the productivity of the wearers. In addition, heavy shoes may cause discomfort to wearers due to increased heat and sweat, low ventilation, and allergies.
Moreover, workers are often required to wear these for a long duration or throughout their work hours. As a result, optimizing the weight of shoes is critical to their manufacturing as they are used by industrial end-users. Therefore, several manufacturers are working on the development of materials and products that incorporate protection, comfort, and style, all in the same footwear. Hence, such factors are positively impacting the market which in turn drives the market growth during the forecast period.
Regular maintenance of safety shoes is one of the key challenges hindering market growth. They need regular maintenance to keep the shoes in usable condition. In addition, most types of safety shoes are made of leather, and the work environment defines their lifespan. Furthermore, in certain work environments, workers are exposed to cement, mud, and various other harsh conditions.
Moreover, in such conditions, a thick film of mud or cement over them tends to dehydrate the leather, as dry mud and cement have an affinity for water. As a result, this leads to dry cracks all over the shoes. Therefore, it becomes essential to moisturize the leather to avoid wear and tear. Hence, such factors are negatively impacting the market. Therefore, it is expected to hinder the market growth during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Safety Shoes Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Bata Brands Sarl: The company offers products such as 3 button boot, B sport, bora derby, and many more.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
In today's fast-paced work environments, Work Boots and Industrial Shoes play a pivotal role in ensuring workplace safety. From Safety Toe Boots to Steel Toe Boots and Composite Toe Boots, the market offers a wide array of options to address various workplace hazards effectively.
Waterproof Work Boots are increasingly popular, especially in outdoor settings, while Slip-Resistant and Oil-Resistant Boots are indispensable for preventing accidents on slippery surfaces. For industries dealing with electrical risks, Electric Hazard Boots provide essential protection. Similarly, Chemical-Resistant Footwear is crucial in laboratories and manufacturing plants.
In high-risk environments like construction, mining, and oil & gas, workers rely on Puncture-Resistant and Heat-Resistant Shoes for added safety. Insulated Work Boots offer comfort and protection in extreme temperatures, while Heavy-Duty Work Boots are built to endure rugged conditions.
The market caters to the specific needs of various industries, offering specialized footwear such as Construction Footwear, Manufacturing Shoes, and Warehouse Boots. For workers in the oil and gas sector, Oil and Gas Work Boots provide necessary protection against hazards.
From Logger Boots for forestry workers to Tactical Footwear for law enforcement personnel, the market encompasses a wide range of applications. Police Boots and Emergency Services Footwear are designed to withstand the rigors of demanding situations, while Healthcare Safety Shoes prioritize comfort and hygiene in medical settings.
In the food service industry, Restaurant Work Shoes and Non-Slip Kitchen Shoes ensure safety in slippery environments. Market analysis indicates robust market growth and forecasting, driven by increasing awareness of workplace safety regulations and the need for reliable safety footwear solutions.
As industries continue to evolve, the market is expected to expand further, propelled by ongoing market research and growth initiatives. Market forecasting suggests a promising outlook, highlighting the critical role of safety footwear in safeguarding workers across diverse sectors.
The market report forecasts market growth analysis by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Safety Shoes Market Scope |
|
Report Coverage |
Details |
Page number |
169 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.11% |
Market Growth 2024-2028 |
USD 2.30 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
5.75 |
Regional analysis |
APAC, North America, Europe, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 39% |
Key countries |
US, China, Japan, Germany, and the UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Anbu Safety Industrial Co. Ltd., Bata Brands Sarl, Boskalis, Caterpillar Inc., Dunlop Protective Footwear, Footwear Industries Pty Ltd., Gabri Sas co of MOLO SANTE and C., Honeywell International Inc., KARAM group, Liberty Shoes Ltd., Pezzol Industries Srl, RAHMAN GROUP, Red Wing Brands of America Inc., SAFETYKING INDUSTRIAL FOOTWEAR M SDN BHD, UVEX WINTER HOLDING GmbH and Co. KG, VF Corp., Wolverine World Wide Inc., Carhartt Inc., W. L. Gore and Associates Inc., and Zain Group |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.