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Global Foot Protective Equipment Market 2015-2019

Foot Protective Equipment Sector: Worldwide Forecast until 2019

  • January 2016
  • 75 pages
  • ID: 3571281
In this report:
The global FPE market in agriculture and other industries was valued at $##.## billion in 2014 and is expected to reach $##.## billion by 2019, growing at a CAGR of ##.##%
The global FPE market in the mining and manufacturing industry was valued at $##.## billion in 2014 and is expected to reach $##.## billion by 2019, growing at a CAGR of ##.##%.

Summary

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Market outlook of foot protective equipment

Research's analyst anticipates the overall foot protective equipment sector to grow at a rate of 7% during the projection horizon. The manufacturing and construction industry in the Asia-Pacific regions is undergoing radical upgradation in terms of work safety, thereby driving the industry demand for FPE over the outlook period.

The increased focus by the European Commission on the compliance with regulations and legislations is anticipated to drive the growth of the FPE sector. Different organizations have been appointed to supervise the proper implementation of these directives including the FIOH, the Norwegian Industrial Safety and Security Organization, and the Danish Association of Occupational Health and Safety Consultants. With these organizations working for safer workplaces, the FPE sector is anticipated to benefit from strict workplace safety regulations.

Opposing landscape and main vendors

The overall foot protective equipment sector is slightly fragmented owing to the presence of small and medium-sized players. Nevertheless, the industry is leaded by, is monopolized by the established manufacturers including Dunlop, Honeywell, and Bata. Sellers in the market differentiate their products established on quality, functionality, and price.

The Key vendorsin the sector are

Who are the other main sellers?

in the industry contain Ansell, ANBU Safety, Cat Footwear, J& K Ross, Mammoth Footwear, Norwest Safety, and Seton.

Segmentation by end users and analysis of the FPE sector

Mining and manufacturing was the most important end-user segment in the sector during 2014 and is anticipated to account for 42.0 percent of the market shares by the end of the forecast time frame. The products that are primarily used for mining purposes are either made up of leather or rubber depending on whether the mine is a wet or dry one. They also need to fulfill minimum protective requirements that would include a puncture proof sole with an outer layer made up of composite materials to prevent slipping.

Segmentation by material type and analysis of the FPE sector

Metals constituted 36.0 percent of the market share in the FPE sector during 2014. Metal shoes, made of materials including steel, helps in providing protection to the toes from heavy metals or falling and rolling objects.

Geographical segmentation and analysis of the overall foot protective equipment sector

- Asia-Pac

- Americas

- Europe, Middle East and Africa (EMEA)

The whole Americas recorded for the biggest market share in the overall FPE sector of around 46.0 percent during 2014. The territory is anticipated to grow at a rate of 7% during the projection horizon. This research report anticipates the region to witness a slight decline in shares during the forecast period owing to the saturation in sectors such as construction and mining.

What are the main questions answered?

- What will the market value and the increase rate be in 2019?

- What are the most significant drivers yielding the overall FPE sector?

- What are the main segment trends affecting the growth of the FPE sector?

- What are the conditions to market growth?

- Who are the main vendors in this market environment?

- What are the opportunities in this industry and segment risks faced by the sellers in the overall FPE sector?

- Trending factors influencing the Americas's market shares, Asia-Pac, and Europe, Middle East and Africa (EMEA)?

- What are the main outcomes of the Porter 5 forces analysis of the FPE sector?

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