Pune, India, Jan. 20, 2022 (GLOBE NEWSWIRE) —
According to a recent industry report presented by Graphical Research, the North America Industrial Safety Footwear Market is expected to register its name in the billion-dollar fraternity within seven years, surpassing $5 billion in revenue by 2026.
Protecting employees’ feet to industry standards can reduce lost work hours, increase productivity and improve morale. North America’s market share is certain to increase.
Awareness of the benefits of wearing proper protective footwear and boots has increased among regional workers, encouraging the widespread use of these footwear. The size of the North American market is triggered by the growing adoption in the mining, oil and gas, manufacturing, chemical and pharmaceutical sectors.
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The following four determinants are likely to drive industry forecasts from 2020 to 2026:
Safety issues and strict regulatory standards
Foot protection at work has become a concern for employers with the introduction of international standards ASTM F2413-18 and F2412-18a in the United States. According to the U.S. Bureau of Labor Statistics, nearly 5,333 workers nationwide died from a work-related injury, representing an annual increase of more than 2% from 5,250 cases in 2018.
Wearing safety shoes is a recommended practice because industrial boots and shoes are specially designed to provide optimal protection for employees against injury and exposure to industrial hazards. Under US federal regulations enforced by the Occupational Safety and Health Administration (OSHA), footwear is considered personal protective equipment.
Footwear will remain a popular choice
In terms of products, the industrial safety footwear market share of the footwear segment is expected to grow at a steady rate throughout the forecast period. Compared to boots, industrial shoes are more comfortable and lightweight, allowing easy movement. Several studies have found that wearing the wrong safety shoes can have a negative, long-term impact on employee health.
Although boots are also used to protect against industrial hazards, shoes ensure better fit and mobility due to their lightness. In 2019, the industrial safety footwear market share of the footwear segment in North America was valued at $3 billion.
Wearing the wrong safety shoes can damage the ligaments, nerves and muscles in the feet, often leading to musculoskeletal disorders, including plantar fasciitis. Many industrial safety shoe companies are releasing waterproof shoes and ergonomic, well-fitting, high-performance industrial safety shoes for men and women.
Increasing inclination for leather safety shoes
By material, the North America market is categorized into polyurethane, rubber, leather, plastic, and waterproof. The leather segment market share is likely to account for a major share of the total industry through 2026, although waterproof footwear is also gaining momentum.
Leather is said to be desirable because of its attractive appearance. Manufacturers of industrial safety shoes prefer to use this material in their high-end product offerings due to its flexibility and other benefits. As high quality leather shoes are more durable than synthetic shoes, the demand for the material is expected to see a rise from the industry outlook.
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Deployment in the oil and gas sector
Rising employment rate in the oil and gas industry is driving the size of the industrial safety footwear market in North America. More than 145,000 people were employed in the oil and gas sector in the United States in 2019, registering a considerable increase from 127,000 in 2017 and approximately 106,000 employees in 2016.
Along the same lines, the size of the Canadian industry is also poised to witness considerable expansion to 2026, driven by the growing adoption of men’s and women’s industrial safety footwear in manufacturing facilities. oil and gas production. For example, while more than 190,000 people were employed in the sector in 2016, the number increased to around 200,000 employees in 2019.
VF Corporation, Caterpillar Inc., Bet Marine, Honeywell International, Inc., 3M, Tatra Footwear Products, Bata Industrials, Mellow Walk and Ansell are some of the leading industrial safety footwear brands in North America.
Browse related report:
European industrial safety footwear market Size by Material (Leather, Rubber, Plastic, Raincoat, Polyurethane), by Product (Shoes, Boots), by Application (Construction, Manufacturing, Oil & Gas, Chemicals, Transportation, Mining, Food, Pharmaceutical), Regional Outlook ( Germany, UK, France, Italy, Spain, Netherlands, Portugal, Belgium, Poland, Austria, Czech Republic, Slovakia, Slovenia, Switzerland, Sweden, Norway, Finland, Denmark), application potential, price trend , competitive market share and forecast, 2018 – 2024
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