The evolution of the safety footwear market
The outlook for the development of the global safety footwear market remains positive which, according to the latest expert projections, is set to grow at a constant growth rate (CAGR) of 7.4 percent over the next ten years to reach sales of $23.6 billion by 2033. As major manufacturers increase their offerings of increasingly secure and high-performance products and as more stringent regulations are enforced in emerging markets, the industry is expected to grow significantly worldwide.
At the product level, among the technical requirements gaining increasing relevance, protection toward electrical discharge risk is becoming crucial as hybrid and all-electric vehicles become more prevalent. Among the new trends, the increasing weight of ergonomic safety footwear that helps reduce stress and provide greater support for the feet should also be highlighted. In fact, musculoskeletal disorders are recognized as a major cause of inability to work. Back pain and joint pain are often related to posture, loads lifted and fatigue in general. According to experts, an ergonomic approach to the design and production of safety shoes can therefore increase the customer base and customer loyalty, contributing to the growth of the industrial safety footwear market.
Another challenge in the focus of safety shoe manufacturers is, of course, also environmental. The increasing use of recycled materials is a first response to the demand for greater sustainability coming from the market, along with the search for innovative components and processes that help reduce the climate footprint of products.