Industrial Safety Footwear Market | Robust Growth in Europe | 2018 To 2024

Graphical Research  |

Graphical Research: Europe Industrial Safety Footwear Market size to exceed USD 2.5 billion by 2024. Rising demand from food processing, utilities and pharmaceutical industries is likely to enhance growth of the market size. Shifting consumer preferences towards premium FMCG products may enhance oil & gas, manufacturing and transportation industries thereby stimulating product demand.

These products provide safety and security to workers, reduces severity and prevent injuries occurring in workplace. Industrial safety footwear consists of various products such as safety boots, shoes, trainers, and riggers which may enhance market growth on account of enhanced toe & metatarsal bone protection, electrical and puncture resistance.


Europe industrial safety footwear market from manufacturing applications may exhibit significant gains of about 5% by 2024. These products provide protection against injuries causing from various sharp objects, impact of heavy objects, and slippery floors which greatly enhances worker safety.

Europe industrial safety boots market may surpass USD 510 million in the predicted timeframe. These products provide high protection to ankle, feet and lower leg. Also, these products provide other benefits including impermeability, chemical protection, concrete & fuel resistance which may accelerate the growth of Europe industrial safety footwear market size.

Europe rubber industrial safety footwear market size was valued at over USD 50 million in 2017 and is predicted to grow significantly in the forecast timeframe. These products offer several benefits such as water resistance, strong grip, electric-hazard protection and chemical resistance which may boost regional industrial safety footwear market growth.

France plastics industrial safety footwear market may register gains close to 2% up to 2024 on account of rising construction, pharmaceuticals & automobile manufacturing and rapid industrialization. These products offer high protection, reduces shoe weight, provides electric-shock resistance and non-detectability by metal detectors which may promote Europe industrial safety footwear market growth.

JAL Group France, Dunlop Boots, Honeywell International, and Uvex Group are the major manufacturers in the significantly competitive Europe industrial safety footwear market. Various industry participants are focusing on acquisitions and partnerships to enhance their market.

DISCLOSURE: Graphical Research reports have been constructed taking into consideration each regional market as an independent industry, since each country-level industry is governed by a different set of dynamics, consumer behavior and regulatory landscape. In addition to a high degree of accuracy, this approach also enables us to better analyze the industry scenario and offer targeted business intelligence.


The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
XOM

     

Q BioMed CEO provides a Corporate Update

Denis Corin, CEO of Q BioMed Inc. ”Q“, a biomedical acceleration and development company, focused on licensing and acquiring undervalued biomedical assets in the healthcare sector, provides a corporate update.

Emerging Growth

Permanent Techs Inc

Permanent Technologies Inc engages in the design and manufacture of multi-faceted, vibration-proof, self-locking nut and bolt systems for use in the fastener industry in the United States. The Company also…