Global Work/Safety Shoes Market Projected To Reach USD 3.3 Billion By 2020

Date: 2016-11-04

Work/safety shoes in order to improve workplace safety in different industries. These industrial utilities include chemicals, oil and gas, construction, transportation, pharmaceuticals, manufacturing, food and mining among others. Safety boots have a protective reinforcement in the toe, which is made from steel or a composite material such as polyurethane or aluminum among others. End users in this market purchase different safety boots depending on the requirement and the needs of a specific industry.

Occupational safety and health legislation in many countries mandate the use of safety boots in industries, according to research, the global Work/Safety Shoes Market is projected to reach USD 3.3 Billion by 2020.

In terms of application, Construction is the largest application segment for industrial protective footwear in North America. The construction segment was valued at USD 668.6 million in 2013 and is expected to witness stable growth in the forecast period. However, oil and gas is the fastest growing application segment for industrial protective footwear in North America. The oil and gas application segment was valued at USD 158.4 million in 2013. The increasing number of automobiles and increasing usage in business utilities is one of the major factors boosting the growth in this segment.

In terms of geography, Europe dominated the industrial Work/safety shoes market, the region followed by North America.

By types, leather footwear held the largest market share for industrial protective footwear in Europe. The leather footwear segment was valued at USD 1.95 billion in 2015 and is expected to see stable growth in the forecast period.

Work/Safety Shoes market share by region as following:

worksafety-shoes

Read Full Report: http://www.gosreports.com/global-worksafety-shoes-market-research-report-2016/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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