https://www.engineeringnews.co.za

Booming end-user industries and adoption of premium footwear will drive new growth opportunities, finds Frost & Sullivan’s Visionary Science team

10th August 2017

     

Font size: - +

This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.

Western European  (0.03 MB)

The Western European protective footwear market continues to pick up pace, driven by technology advancements and end-user preference for comfortable, aesthetically appealing, ergonomically designed, lightweight footwear that offer mandated protection levels.

Iberia will be a hotspot while Germany, the United Kingdom, Ireland, Scandinavia, and Benelux will witness robust growth due to the adoption of premium products and booming end-user industries. Protective footwear manufacturers must develop service and product portfolios with strong branding to differentiate their products and reap rich dividends in a highly consolidated and fragmented market.

“Stringent enforcement of safety regulations is increasing safety consciousness among end users,” said Visionary Science Research Analyst Sanjana Prabhakar. “This trend is forcing manufacturers to innovate and develop premium, protective footwear using composite, lightweight microfiber; semi-permeable fabric; and anti-slip, breathable, dual-density, and anti-bacterial materials.”

Western European Protective Footwear Market, Forecast to 2021, new analysis from Frost & Sullivan’s Future of Personal & Protective Equipment (PPE) Growth Partnership Service program, finds that the Western European protective footwear market is likely to reach €1446.0 million in 2021.

The study provides an analysis of current and expected market developments, drivers, restraints, and revenue forecast across segments. Market share and competitive landscape for major players such as U Group, Cofra srl, Honeywell, Atlas, Uvex, Elten, Dunlop Boots, and Delta Plus are provided.

Click here for complimentary access to more information on this analysis and to register for a Growth Strategy Dialogue, a free interactive briefing with Frost & Sullivan’s thought leaders.

Other developments driving growth in the Western European protective footwear market include:

Opportunity due to limited penetration in the service industry;

High compliance requirements in utilities, food processing, pharmaceutical, and manufacturing sectors;
Partnerships between fabric technology innovators and manufacturers;

  • High average protective footwear prices due to technology advancements and attractive product features;
  • Rapid growth in the safety shoe segment; and
  • Investment in distributor-operated online stores. 

“On the flip side, private labels and low-cost imports can impact the protective footwear market, causing price pressures and restraining average price growth,” noted Prabhakar. “Further, customer needs are constantly changing, leading to barriers to entry and product sophistication.”

Frost & Sullivan’s study covers protective footwear market segments such as safety shoes, boots and Wellingtons, and end-user industries including construction, utility, manufacturing, oil and gas, transportation, mining, pharmaceutical, chemical processing, and food processing.

Regions like Germany, France, Italy, The United Kingdom, Ireland, Scandinavia, Benelux, Iberia, and Alpine are assessed.

Edited by Creamer Media Reporter

Comments

Showroom

Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.065 0.116s - 158pq - 2rq
Subscribe Now