Western European Protective Footwear Growth Opportunities

Western European Protective Footwear Growth Opportunities

New Product Development in Recyclable, Anti-slip, and Electrostatic Discharge Footwear

RELEASE DATE
02-Jul-2021
REGION
Europe
Research Code: K5F8-01-00-00-00
SKU: PP00208-EU-MT_25548
$4,950.00
In stock
SKU
PP00208-EU-MT_25548
$4,950.00
DownloadLink

Pay by invoice

ENQUIRE NOW

Description

The Western European protective footwear market generated €1,737.0 million in revenue in 2020. Market demand was driven by stringent enforcement of regulatory norms and an increasing awareness of the ability of protective footwear to reduce on-the-job injuries.

Among the 3 product segments, safety footwear accounted for 52% of revenue share in 2020. This segment will experience growth in revenue share during the forecast period 2021–2025, which will be driven by greater adoption in the construction, manufacturing, transport, and hospitality industries.

In 2020, manufacturing, construction, and transportation accounted for 28.6%, 18.2%, and 10.6% of the revenue share, respectively. Demand for safety footwear in the oil and gas sector witnessed a decline. The major growth restraints were the temporary closure of oil fields during the peak months of COVID-19, reduced demand, and the drop in crude oil prices.

Germany accounted for 29.6% of revenue in the Western European protective footwear market in 2020. The country is expected to witness a compound annual growth rate (CAGR) of 3.3% during 2020–2025. Post-pandemic growth will be driven by increasted adoption of protective footwear in small- and mid-sized businesses.

Adoption of protective footwear with anti-slip and electrostatic discharge (ESD) properties will increase during the forecast period. The high incidence of injuries caused by slips and trips and electric shocks is boosting the demand for protective footwear with such properties.

Sustainable, circular economy-based protective footwear is a major industry trend. Protective footwear companies and material and technology providers are forming partnerships to offer eco-friendly products. The market is set to experience growing popularity of green, natural, and recyclable materials in the near term.

Author: Anjan Kumar Roy

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

Impact of the Top 3 Strategic Imperatives on the Protective Footwear Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Key Findings

Protective Footwear Market Scope of Analysis

Protective Footwear Market Segmentation

Key Growth Metrics for Protective Footwear Market

Distribution Channels for Protective Footwear Market

Growth Drivers for the Protective Footwear Market

Growth Restraints for the Protective Footwear Market

Key Competitors for Protective Footwear Market

Protective Footwear Market—Products Overview

Industry Trend—Circular Economy* in the Protective Footwear Market

Sustainable Footwear Practice—Case Studies

Product Trends—Protective Footwear Market

Technology Trends—Protective Footwear Market

Material Trends—Protective Footwear Market

Regulatory Compliance Overview—Protective Footwear Market

Forecast Assumptions—Protective Footwear Market

Revenue and Unit Shipment Forecast, Protective Footwear Market

Pricing Analysis, Protective Footwear Market

Pricing Range by Country, Protective Footwear Market

Pricing Forecast Analysis—Protective Footwear Market

Revenue Forecast by Product, Protective Footwear Market

Percent Revenue by Product and Region, Protective Footwear Market

Percent Revenue Forecast by Product, Protective Footwear Market

Percent Unit Shipment Forecast by Product, Protective Footwear Market

Revenue and Unit Shipment Forecast Analysis — Protective Footwear Market

Revenue Forecast by Country, Protective Footwear Market

Revenue Forecast by End-user Industry, Protective Footwear Market

Percent Revenue by End-user Industry and Region, Protective Footwear Market

Revenue Forecast Discussion by Country—Protective Footwear Market

Revenue Forecast Analysis by End-user Industry—Protective Footwear Market

Revenue Forecast Analysis by End-user Industry—Protective Footwear Market (continued)

Competitive Environment—Protective Footwear Market

Revenue Share, Protective Footwear Market

Revenue Share Analysis—Protective Footwear Market

Competitive Factors Assessment—Protective Footwear Market

Competitive Factors Assessment—Protective Footwear Market (continued)

Competitive Factors Assessment—Protective Footwear Market (continued)

Key Growth Metrics for Safety Shoes

Revenue and Unit Shipment Forecast, Safety Shoes

Pricing Forecast Analysis—Safety Shoes

Revenue Forecast by Country—Safety Shoes

Revenue and Unit Shipment Forecast Analysis—Safety Shoes

Revenue Forecast by End-user Industry—Safety Shoes

Revenue Forecast by End-user Industry—Safety Shoes

Competitive Environment—Safety Shoes

Competitive Analysis—Safety Shoes

Key Growth Metrics for Safety Boots

Revenue and Unit Shipment Forecast, Safety Boots

Pricing Forecast Analysis, Safety Boots

Revenue Forecast by Country, Safety Boots

Revenue and Unit Shipment Forecast Analysis—Safety Boots

Revenue Forecast by End-user Industry—Safety Boots

Revenue Forecast by End-user Industry—Safety Boots

Competitive Environment—Safety Boots

Competitive Analysis—Safety Boots

Key Growth Metrics for Wellingtons

Revenue and Unit Shipment Forecast, Wellingtons

Pricing Forecast Analysis, Wellingtons

Revenue Forecast by Country, Wellingtons

Revenue and Unit Shipment Forecast Analysis—Wellingtons

Revenue Forecast by End-user Industry, Wellingtons

Revenue Forecast Analysis by End-user Industry—Wellingtons

Competitive Environment—Wellingtons

Competitive Analysis—Wellingtons

Market Overview, Protective Footwear Market, Germany

Revenue Forecast by Product, Protective Footwear Market, Germany

Percent Revenue Forecast by Product, Protective Footwear Market, Germany

Revenue Forecast by End-user Industry, Protective Footwear Market, Germany

Percent Revenue Forecast by End-user Industry, Protective Footwear Market, Germany

Revenue Forecast Analysis—Protective Footwear Market, Germany

Market Overview, Protective Footwear Market, France

Revenue Forecast by Product, Protective Footwear Market, France

Percent Revenue Forecast by Product, Protective Footwear Market, France

Revenue Forecast by End-user Industry, Protective Footwear Market, France

Percent Revenue Forecast by End-user Industry, Protective Footwear Market, France

Revenue Forecast Analysis—Protective Footwear Market, France

Market Overview, Protective Footwear Market, Italy

Revenue Forecast by Product, Protective Footwear Market, Italy

Percent Revenue Forecast by Product, Protective Footwear Market, Italy

Revenue Forecast by End-user Industry, Protective Footwear Market, Italy

Percent Revenue Forecast by End-user Industry, Protective Footwear Market, Italy

Revenue Forecast Analysis—Protective Footwear Market, Italy

Market Overview, Protective Footwear Market, UK & Ireland

Revenue Forecast by Product, Protective Footwear Market, UK & Ireland

Percent Revenue Forecast by Product, Protective Footwear Market, UK & Ireland

Revenue Forecast by End-user Industry, Protective Footwear Market, UK & Ireland

Percent Revenue Forecast by End-user Industry, Protective Footwear Market, UK & Ireland

Revenue Forecast Analysis—Protective Footwear Market, UK & Ireland

Market Overview, Protective Footwear Market, Scandinavia

Revenue Forecast by Product, Protective Footwear Market, Scandinavia

Percent Revenue Forecast by Product, Protective Footwear Market, Scandinavia

Revenue Forecast by End-user Industry, Protective Footwear Market, Scandinavia

Percent Revenue Forecast by End-user Industry, Protective Footwear Market, Scandinavia

Revenue Forecast Analysis—Protective Footwear Market, Scandinavia

Market Overview, Protective Footwear Market, Benelux

Revenue Forecast by Product, Protective Footwear Market, Benelux

Percent Revenue Forecast by Product, Protective Footwear Market, Benelux

Revenue Forecast by End-user Industry, Protective Footwear Market, Benelux

Percent Revenue Forecast by End-user Industry, Protective Footwear Market, Benelux

Revenue Forecast Analysis—Protective Footwear Market, Benelux

Market Overview, Protective Footwear Market, Iberia

Revenue Forecast by Product, Protective Footwear Market, Iberia

Percent Revenue Forecast by Product, Protective Footwear Market, Iberia

Revenue Forecast by End-user Industry, Protective Footwear Market, Iberia

Percent Revenue Forecast by End-user Industry, Protective Footwear Market, Iberia

Revenue Forecast Analysis—Protective Footwear Market, Iberia

Market Overview, Protective Footwear Market, Alpine

Revenue Forecast by Product, Protective Footwear Market, Alpine

Percent Revenue Forecast by Product, Protective Footwear Market, Alpine

Revenue Forecast by End-user Industry, Protective Footwear Market, Alpine

Percent Revenue Forecast by End-user Industry, Protective Footwear Market, Alpine

Revenue Forecast Analysis—Protective Footwear Market, Alpine

Growth Opportunity 1—Product Differentiation to Create Advantage in the Competitive Market, 2021

Growth Opportunity 1—Product Differentiation to Create Advantages in the Competitive Market, 2021 (continued)

Growth Opportunity 2—Innovative Sales and Distribution Model to Keep Revenue Afloat, 2021

Growth Opportunity 2—Innovative Sales and Distribution Models to Keep Revenue Afloat, 2021 (continued)

Growth Opportunity 3—Eco-friendly and Recyclable Protective Footwear to Generate Traction, 2021

Growth Opportunity 3—Eco-friendly and Recyclable Protective Footwear to Generate Traction, 2021 (continued)

Partial List of Companies in “Others”

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

Related Research
The Western European protective footwear market generated €1,737.0 million in revenue in 2020. Market demand was driven by stringent enforcement of regulatory norms and an increasing awareness of the ability of protective footwear to reduce on-the-job injuries. Among the 3 product segments, safety footwear accounted for 52% of revenue share in 2020. This segment will experience growth in revenue share during the forecast period 2021–2025, which will be driven by greater adoption in the construction, manufacturing, transport, and hospitality industries. In 2020, manufacturing, construction, and transportation accounted for 28.6%, 18.2%, and 10.6% of the revenue share, respectively. Demand for safety footwear in the oil and gas sector witnessed a decline. The major growth restraints were the temporary closure of oil fields during the peak months of COVID-19, reduced demand, and the drop in crude oil prices. Germany accounted for 29.6% of revenue in the Western European protective footwear market in 2020. The country is expected to witness a compound annual growth rate (CAGR) of 3.3% during 2020–2025. Post-pandemic growth will be driven by increasted adoption of protective footwear in small- and mid-sized businesses. Adoption of protective footwear with anti-slip and electrostatic discharge (ESD) properties will increase during the forecast period. The high incidence of injuries caused by slips and trips and electric shocks is boosting the demand for protective footwear with such properties. Sustainable, circular economy-based protective footwear is a major industry trend. Protective footwear companies and material and technology providers are forming partnerships to offer eco-friendly products. The market is set to experience growing popularity of green, natural, and recyclable materials in the near term. Author: Anjan Kumar Roy
More Information
No Index No
Podcast No
Predecessor MD0D-01-00-00-00
Author Anjan Kumar Roy
Industries Personal Protective Equipment
WIP Number K5F8-01-00-00-00
Is Prebook No
GPS Codes 9100-A2,9310,9595