Sat02222020

Robins Global News & Noticias



  • Gaming Chair Review
    Gaming Chair Review
  • IT Career News
    IT Career News
  • Microsoft Exam
    Microsoft Exam
  • Youtube Marketing Guide
    Youtube Marketing Guide
  • Slot Game Review
    Slot Game Review
  • All Elite Wrestling
    All Elite Wrestling

RobinsPost News Network

+ Larger Font | - Smaller Font
Share

Globe NewsWire News Distribution Service

Press Release: The Industrial Safety Footwear Market is growing at a 6% CAGR by 2026, Says Global Market Insights Inc.


Selbyville, Delaware, Feb. 14, 2020 (GLOBE NEWSWIRE) --

As per the report published by Global Market Insights Inc., the global industrial safety footwear market size was estimated at $9 billion in 2019 and is expected to hit $14 billion by 2026, registering a CAGR of 6% from 2020 to 2026. The report offers a detailed analysis of the industry size & estimations, wavering market trends, top winning strategies, drivers & opportunities, major investment pockets, and competitive scenarios.

Growing regulatory norms to cater to the need of improving safety standards at the workplace for reducing foot injuries is likely to be a key factor augmenting the global industrial safety footwear market share. These footwears are protective gear designed to safeguard the feet from falling objects, fatigue, burns, cutting and electrical hazards.

Request for Sample Reporthttps://www.gminsights.com/request-sample/detail/1101

Apart from the regulatory pressures, increasing awareness among business owners about the financial cost incurred through the worker’s compensation would possibly open new avenues for industrial safety footwear market. Citing an instance, according to the industry reports, more than 250,000 workers' compensation claims found the mean final settlement regarding a foot injury was about $17,000.

Key factors responsible for industrial safety footwear market growth: 

  1. Increasing government norms regarding worker safety.
  2. Growing implementation of safety regulations in the construction sector.
  3. Mounting adoption in Europe.

2026 forecasts anticipate a rise in product adoption across Europe

The industrial safety footwear market in Europe represented more than 30% of the overall industry share in 2018 and is likely to observe massive development through 2026. The industries across Europe are propelled by various factors such as awareness about safety matters, conducive prices of raw materials, transportation costs, and increasing innovations from safety footwear producers.

Distinguished demand for boots

Speaking of the protective footwear gears segment, boots are likely to push the overall segment growth. Boots help protect feet from compression, impact, and puncture. The growing need for ankle protection across several sectors such as construction and the oil and gas industry would provide the crucial impetus for the industrial protective footwear market growth. Likewise, boots are highly preferred by the population living and working in extreme climatic conditions to protect their feet from rain and snow.    

Make an inquiry for purchasing this report: https://www.gminsights.com/inquiry-before-buying/1101

Leading market players

The competitive landscape of the global industrial protective footwear market is inclusive of players such as V.F. Corporation, ACME FABRIK Plastic Co., Hillson Footwear Pvt. Ltd, Sunflower Industrial Group Co, Williamson-Dickie Manufacturing Co., Bata Industrials, WOLVERINE, Simon Corporation, Dunlop Boots, Hewat's Edinburgh, Honeywell International, Inc., Safetyking Industrial Footwear (M) Sdn Bhd, and Esteway Safety Shoes among others.

About Global Market Insights, Inc.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider. Offering syndicated and custom research reports, growth consulting and business intelligence services, Global Market Insights, Inc. aims to help clients with penetrative insights and actionable market data that aid in strategic decision making.

GMIPulse, our business analytics platform offers an online, interactive option of exploring our proprietary industry research data in an easy-to-use and dynamic manner. Clients get to explore market intelligence across 11 top-level categories and hundreds of industry segments within them, covering regional, company level and cross-sectional statistics that make our offering a stand-out for decision-makers.visit: https://www.gminsights.com/gmipulse

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Web: https://www.gminsights.com


Posted: 2020-02-14 07:35:00

Get Full News Story On GlobeNewsWire Press Release Service


Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.


Print Friendly and PDF
'
'


Related News Stories From The Web And More

Related Bing News

Press Release: The Industrial Safety Footwear Market is growing at a 6% CAGR by 2026, Says Global Market Insights Inc. | Globe NewsWire News Distribution Service | RobinsPost News Network - Newscast

Welding Consumables Market Is Projected to Register a CAGR of 5.5% During 2019-2026

Fri, 21 Feb 2020 12:14:00 GMT

Future Market Insights has announced the addition of the “Welding Consumables Market: Market Value to Witness 1.7X Increase by the End of the Forecast Period: Global Industry Analysis 2012 ... Market ...

Metal Coil Lamination Market is Likely to Reach $5 Billion by 2026, Says Global Market Insights Inc.

Fri, 21 Feb 2020 00:24:00 GMT

As per the report published by Global Market Insights Inc., the overall metal coil lamination market was estimated at $3.67 billion in 2019 and is expected to surpass $5 billion by 2026, registering a ...

Recycling Equipment and Machinery Market is Likely to Reach $1.2 Billion by 2026, Says Global Market Insights, Inc.

Thu, 20 Feb 2020 22:45:00 GMT

As per the report published by Global Market Insights, Inc., the overall recycling equipment and machinery market size was valued at $700 million in 2018 and is expected to surpass $1.2 billion by ...

Aesthetic Device Market |2020 Size, Share, Growth Projections And Global Industry Trends Forecast To 2026

Thu, 20 Feb 2020 22:23:00 GMT

Report segments Aesthetic Device Market by Product (Aesthetic Laser & Energy Devices, Skin Tightening & Body Contouring Devices, Aesthetic Implants, Facial Aesthetic Devices), By Application (Facial & ...

Grain Food Market Insights and Global Outlook During 2020 to 2026; General Mills, Inc. GIS, Nestle S.A. NSRGY

Thu, 20 Feb 2020 12:21:00 GMT

The Grain Food Market recently Published Global Market research study with more than 100 industry informative desk and Figures spread through Pages and easy to understand detailed TOC on "Grain Food ...

Related News Story Videos From Youtube

  • This Service Is Coming Soon.





  • Blow Us A Whistle

    Comments (Whistles) Designed By Disqus




    Company Information

    Official Content Providers











    PRIVACY POLICY

    We recommend Firefox 3 (and above), Edge, and Chrome for dynamic performance.
    © 2008-2020 RobinsPost (The Bird's Eye View Company) All rights are reserved.
    RobinsPost provides links to news sites based on their RSS feeds.
    All trademarks, copyrights, videos, photos and logos are owned by news sources.
    News stories, videos and live streams are from trusted sources:
    Bing News, Google News, Faroo News, NewsApi.org and YouTube Search Results.
    ROBINSPOST Is Proudly Made In America.
    Where Quality, Safety and Service Comes First.