Industrial Safety Footwear Market Size, Share and Industry Analysis Report by Material (Leather, Rubber, Plastic, Waterproof, Polyurethane), By Product (Shoes, Boots) and Application (Construction, Manufacturing, Oil & Gas, Chemicals, Transport, Mining, Food, Pharmaceutical), Regional Analysis, Application Potential, Competitive Market Share & Forecast, 2020 – 2026
Industrial Safety Footwear Market size exceeded $9 billion globally in 2019 and is estimated to grow at over 6% CAGR between 2020 and 2026. Technological advancements along with upgradation of safety standards & regulations will drive safety footwear business expansion.
Industrial safety footwear is a type of protective gear designed to guard the feet against a wide variety of injuries at the workplace. Safety footwear includes safety shoes as well as safety boots that come in a variety of fittings as per the application or safety requirement. The most common types of workplace foot injuries include compression, impact, and puncture. Safety footwears minimize the impact of hazards by introducing a protective barrier between the user and the working environment.
Manufacturers are undertaking foot safety protection programs pertaining to fit testing, selection, inspection, training, and maintenance to protect employees from foot injuries at the workplace. These safety programs can mandate employers to adhere to stringent safety regulations and can also help to save surplus expenses on lost production time, worker’s compensation, and medical expense. As per the Bureau of Labor Statistics, 60,000-foot injuries in the U.S. every year resulted in lost production time which caused the average expense of around USD 9,600 per day. Find details.