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Growth Opportunities in the Western European Protective Footwear Market: New Product Development in Recyclable, Anti-slip, and Electrostatic Discharge Footwear

·4 min read

DUBLIN, July 22, 2021 /PRNewswire/ -- The "Western European Protective Footwear Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

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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 increased 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.


Key Topics Covered:

1. Strategic Imperatives

2. Growth Opportunities Fuel the Growth Pipeline Engine

  • Growth Opportunity Analysis, Protective Footwear Market

  • 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

  • Competitive Environment - Protective Footwear Market

  • Revenue Share, Protective Footwear Market

  • Revenue Share Analysis - Protective Footwear Market

  • Competitive Factors Assessment - Protective Footwear Market

3. Growth Opportunity Analysis, Safety Shoes

4. Growth Opportunity Analysis, Wellingtons

5. Growth Opportunity Analysis, Protective Footwear Market, Germany

6. Growth Opportunity Analysis, Protective Footwear Market, France

7. Growth Opportunity Analysis, Protective Footwear Market, Italy

8. Growth Opportunity Analysis, Protective Footwear Market, United Kingdom & Ireland

9. Growth Opportunity Analysis, Protective Footwear Market, Scandinavia

10. Growth Opportunity Analysis, Protective Footwear Market, Benelux

11. Growth Opportunity Analysis, Protective Footwear Market, Iberia

12. Growth Opportunity Analysis, Protective Footwear Market, Alpine

13. Growth Opportunity Universe, Protective Footwear Market

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

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

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

For more information about this report visit https://www.researchandmarkets.com/r/m7il01

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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View original content:https://www.prnewswire.com/news-releases/growth-opportunities-in-the-western-european-protective-footwear-market-new-product-development-in-recyclable-anti-slip-and-electrostatic-discharge-footwear-301339742.html

SOURCE Research and Markets

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