Tuesday, 12 August 2014

Industrial Protective Footwear Market: CAGR of 8.5% by 2019

Industrial protective footwear market includes safety footwear used for worker’s safety across different industries such as construction, manufacturing, chemicals and mining among others. At present, various types of safety footwear are being used namely leather footwear, waterproof footwear, rubber footwear and plastic footwear among others. Rise in the number of worker accidents coupled with the implication of strict regulations in regions such as Europe and North America is the major factor driving the market at present. The market is likely to see high growth as the impact of these regulations is expected to increase in the coming years.

The global industrial protective footwear market was worth USD 2,370 million in 2012 and is expected to reach USD 4,330 billion in 2019, growing at a CAGR of 8.5% from 2013 to 2019. Due to strict government regulations for worker safety, Europe held the largest market share in 2012 followed by North America.

View Full Report at http://www.marketresearchreports.biz/analysis/172857

This report has been segmented by type, by application and by geography. It also includes the drivers, restraints and opportunities (DROs), Porter’s five forces analysis and value chain of the industrial protective footwear market. The study highlights current market trends and provides the forecast from 2013 to 2019.

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By geography, the market has been segmented into North America, Europe, Asia Pacific and RoW. The present market size and forecast till 2019 have been provided in the report. The report also analyzes macro economic factors influencing and inhibiting the growth of industrial protective footwear market. Porter’s five forces analysis offers insights on market competition throughout its value chain. In addition, the market attractiveness analysis provided in the report highlights key investing areas in this industry. The report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

The global industrial protective footwear market here refers to the market by type, by application and by geography. The market is categorized into the following segments:

Industrial Protective Footwear Market by Type

The different types covered under this research study are defined as follows:

Leather footwear
Waterproof footwear
Rail footwear
Air footwear
Industrial Protective Footwear Market by Application

The different types covered under this research study are defined as follows:

Oil & gas
Industrial Protective Footwear Market by Geography

The different geographies covered under this research study are defined as follows:

North America
Rest of the World

The in-depth research and high level analysis will allow industrial protective footwear vendors to make informed decisions about the industrial protective footwear market, formulate growth strategies and gain competitive advantage.

Source - MarketResearchReports.Biz

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