Asia Pacific Industrial Protective Footwear Market Size & Outlook
Asia Pacific industrial protective footwear market, 2018-2030 (US$M)
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Asia Pacific industrial protective footwear market highlights
- The Asia Pacific industrial protective footwear market generated a revenue of USD 1,883.1 million in 2022.
- The market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, leather was the largest revenue generating product in 2022.
- Rubber is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,883.1 million |
| Market revenue in 2030 | USD 3,456.2 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Leather |
| Fastest growing segment | Rubber |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leather, Rubber, PVC, Polyurethane |
| Key market players worldwide | Honeywell International Inc, VF Corp, Wolverine World Wide Inc, Cofra, Walker & Dunlop, Rahman Group, uvex group |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.7% of the global industrial protective footwear market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,456.2 million by 2030.
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Industrial Protective Footwear Market Scope
Industrial Protective Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific industrial protective footwear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial protective footwear market will help companies and investors design strategic landscapes.
Leather was the largest segment with a revenue share of 35.98% in 2022. Horizon Databook has segmented the Asia Pacific industrial protective footwear market based on leather, rubber, pvc, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
Growing investments in construction, manufacturing and food and beverage sector is anticipated to drive product demand over the forecast period. Emerging economies such as China and India hare expected to witness significant growth in automobile and electronics industries.
Stringent norms regarding employee health and safety in various high-risk activities is expected to drive industrial protective footwear demand over the forecast period.
Huge compensation costs associated with personal illness and fatalities is expected to urge employers to adopt industrial protective footwear in workplaces. Protective footwear is required to protect employees against foot injuries caused by chainsaws.
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Target buyers of Asia Pacific industrial protective footwear market databook
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Our clientele includes a mix of industrial protective footwear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific industrial protective footwear market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific industrial protective footwear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific industrial protective footwear market size, by country, 2018-2030 (US$M)
Asia Pacific Industrial Protective Footwear Market Outlook Share, 2022 & 2030 (US$M)
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