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Safety Shoes Market to grow by USD 2.30 billion from 2023 to 2028; market is fragmented due to the presence of prominent companies like Anbu Safety Industrial Co. Ltd., Bata Brands Sarl, & Boskalis, and many more – Technavio

Industry: Retail & eCommerce

Understanding the fragmented nature of the Safety Shoes Market

New York, NY (PRUnderground) December 12th, 2023

The safety shoes market is estimated to grow by USD 2.30 billion from 2023 to 2028, growing at a CAGR of 7.11%. The safety shoes market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer safety shoes market are 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. The report provides a full list of key companies, their strategies, and the latest developments. Download a Free Sample before buying

Company Offering:

  • Bata Brands Sarl – The company offers safety shoes such as 3 Button Boot, B Sport, Bora Derby, and High Cut.
  • COFRA Srl – The company offers safety shoes such as Best Fire F2, No Flame, No Streamer, and Shovel.
  • Dunlop Protective Footwear – The company offers safety shoes such as the Pro Series, Vibram Series, Snugboot Series, and Guard Series.
  • For details on companies and their offerings – Buy the report!

By Geography, the market is classified as APAC, North America, Europe, South America, and Middle East and Africa. APAC will have the largest share of the market. APAC is estimated to contribute 39% to the growth of the global market during the forecast period. APAC contains some of the fastest-growing economies in the world, such as China, India, and Japan. Economic growth is accelerating in these countries, increasing spending on infrastructure and industrial development. These factors are driving the demand for passenger cars. In recent years, rapid economic development in emerging markets has led to higher per capita incomes, increased consumer purchasing power, and increased vehicle sales. The growth of the automotive industry in APAC can be attributed to the growing consumer base in the region. The increasing demand for automobiles has led multinational companies to expand their manufacturing facilities in various countries such as India. Download a free sample report to get more insights on the market share of various regions and the contribution of the segments.

  • Impactful driver– Increase in stringent safety standards for manufacturing safety shoes
  • Key Trend – Ergonomically designed safety shoes
  • Major Challenges – Regular maintenance of safety shoes

Market Segmentation

  • The offline segment will contribute the largest share of the market. Retail stores, including brick-and-mortar shoe stores and department stores, offer a diverse range of safety shoes. For instance, a well-known retailer, Red Wing Shoe Stores, provides a comprehensive selection of safety footwear, allowing customers to try on various styles to ensure proper fit and comfort. Direct sales through manufacturer representatives offer a more personalized approach, which often involves onsite consultations and customization of safety shoes.

Technavio Research experts have provided more insights on the market share of segments – View a Free Sample Report

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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

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