The Asia Pacific Industrial Protective Footwear Market would witness market growth of 6.9% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market’s volume surged to 59,102.2 thousand units, showcasing a growth of 6.7% (2019-2022).
Heightened awareness encourages workers to participate in safety protocols actively. They understand that their well-being is a shared responsibility, and adopting proper protective footwear is a proactive step in ensuring a safer workplace. Workers actively contribute to creating a safety culture within their organizations. Peer influence plays a role in shaping the safety culture within workplaces. As awareness spreads among colleagues, there is a collective emphasis on safety practices, including proper protective footwear. Workers influence each other to prioritize safety and adhere to established safety protocols.
The applications of these footwears span a wide spectrum, catering to the diverse needs of various industries. These specialized boots are essential in maintaining worker safety, from construction sites to chemical plants manufacturing floors to offshore oil rigs. In construction, they protect against sharp objects and heavy falling debris, while in chemical industries, they guard against corrosive substances. Slippery surfaces, especially in unpredictable weather conditions or on wet construction sites, pose a significant risk. Industrial protective footwear with slip-resistant outsoles helps prevent slips and falls, reducing the likelihood of injuries among construction workers.
China has experienced rapid urbanization, with millions of people moving from rural areas to urban centers. This has led to increased demand for residential and commercial infrastructure. China has attracted significant foreign direct investment, which often includes funds for infrastructure and construction projects. Global companies entering the Chinese region may contribute to the expansion of the construction industry. The Chinese government has implemented policies to support the construction industry, such as easing regulations, providing financial incentives, and promoting sustainable development. All these factors will uplift the regional market’s expansion in coming years.
The China market dominated the Asia Pacific Industrial Protective Footwear Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.2 Million by 2030. The Japan market is registering a CAGR of 6.1% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 7.5% during (2023 - 2030).
Based on Product, the market is segmented into Leather, Rubber, PVC, Polyurethane and Others. Based on Application, the market is segmented into Construction, Oil & Gas, Manufacturing, Chemicals & Pharmaceuticals, Mining, Food, Transportation and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Scope of the Study
Market Segments covered in the Report:
By Product (Volume, Thousand Unit, USD Billion, 2019-30)
- Leather
- Rubber
- PVC
- Polyurethane
- Others
By Application (Volume, Thousand Unit, USD Billion, 2019-30)
- Construction
- Oil & Gas
- Manufacturing
- Chemicals & Pharmaceuticals
- Mining
- Food
- Transportation
- Others
By Country (Volume, Thousand Unit, USD Billion, 2019-30)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- 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
- Dunlop Protective Footwear
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