ANZ Industrial Protective Footwear Market to Grow at a CAGR of 3.6% to reach US$ 77.63 Mn from 2018 to 2027

ANZ Industrial Protective Footwear Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Standard (AS 2210.3:2019, AS 2210.5:2019, and Others); Type (Waterproof Footwear and Non-waterproof Footwear); Application (Manufacturing, Construction, Oil and Gas, Chemicals, Food, Mining, Pharmaceuticals, Agriculture, and Transportation)

  • Report Code : TIPRE00011858
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 112
Buy Now

The ANZ industrial protective footwear market was valued at US$ 57.20 million in 2018 and is and is projected to reach US$ 77.63 million by 2027; it is expected to grow at a CAGR of 3.6% from 2019 to 2027.

Industrial protective footwear have provisions that protect the foot from compression, usually combined with a mid-sole plate to protect against punctures from below. Workers use these shoes to gain protection against falling objects, explosions, chemical products splattering, electrical contacts, and mechanic risks, crushing, etc., during work. Protective footwear is available in various shapes and sizes, and can maintain high durability as long as it is built with quality material and innovative technology. Innovative technologies in the footwear are underway to serve different functions such as slip resistance, reduction of foot fatigue and forefoot, and support for the arch and heel. Rising concerns and awareness regarding workplace safety among employees is driving demand for industrial protective footwear.

Non-deadly mishaps at work are those that mean in any event four full schedule long stretches of nonappearance from work (additionally called genuine mishaps at work). Lethal mishaps at work are those that lead to the death of the casualty within one year. To dodge the mishaps in the mechanical workplace, governments of Australia and New Zealand have laid severe guidelines for the utilization of modern defensive footwear. The demand for safety footwear is expected to increase in the emerging markets such as New Zealand and Papua New Guinea, due to rise in regulatory actions with the support from International Labor Organization (ILO). Moreover, the introduction of innovative technologies in safety footwear in the untapped regions result boosts the demand for footwear.

Based on standard, the ANZ industrial protective footwear market is segmented into AS 2210.3:2019, AS 2210.5:2019, and others. Based on type, the market is segmented into waterproof footwear and non-waterproof footwear. By Application, the ANZ industrial protective footwear market is segmented into manufacturing, construction, oil and gas, chemicals, food, mining, pharmaceuticals, agriculture, and transportation.

The COVID-19 pandemic first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. The outbreak has affected economies and industries due to imposed lock downs, travel bans, and business shutdowns. It is anticipated to considerably affect the global textile, leather, clothing and footwear manufacturing industries. Constrained logistics, travel restrictions, and labor shortage have made it difficult for manufacturers in ANZ to deliver goods. In addition, international trade and supply disruptions in textile, leather,clothing, and footwear landscape are likely limit the industrial protective footwear industry in these countries.

ANZ Industrial Protective Footwear Market


ANZ Industrial Protective Footwear Market

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Adoption of Stringent Regulatory Framework

Lack of knowledge regarding workplace safety and health hazards is a major issue faced by workers. To raise health and safety awareness, many government and nongovernment organizations are introducing various programs and campaigns related to health and safety of workers. For instance, the Occupational Safety and Health Act (OSHA) has teamed up with various health and safety organizations to come up with unique ideas and solutions through the Workplace Innovator Award campaign. Several associations such as the International Labour Organization (ILO) are engaged in the development of regulations and safety standards to ensure the public safety, health, and amenity. ILO brings together governments, employers, and workers of almost 187 countries, including countries in ANZ, to set labor standards, develop policies, and devise programs promoting decent work for all women and men at workplace. In addition, there are few national associations such as Standards Australia, and Department of Mines, Industry Regulation and Safety of Government of Western Australia that have developed their own and issued the internationally aligned safety standards to reduce accidents and uncertainties in industries. The Standards Australia, a leading independent, nongovernmental, and not-for-profit standards organization in Australia, works as representatives of the International Organization for Standardization (ISO) and International Electrotechnical Commission (IEC); it provide the mandate standards for employee safety at workplace in Australia. These organizations guide industries such as construction, oil & gas, construction, and manufacturing and mandate the use of protective gears, including safety shoes, on the work floor. Thus, adoption of stringent regulatory framework for industrial safety standards has supported the growth of protective equipment such as protective footwear.

Standard-Based Market Insights

Based on standard, the ANZ industrial protective footwear market is segmented into AS 2210.3:2019, AS 2210.5:2019, and others. In 2018, the AS 2210.3:2019 segment led the industrial protective footwear market with the largest share, and the market for the footwear complying with this standard is expected to grow at a higher CAGR during the forecast period. AS 2210.3:2019 safety standards are similar to European safety standard EN ISO 20345.EN ISO 20345, also known as “EN ISO 20345 Personal Protective Equipment – Safety Footwear” sets standards or minimum requirement for protection of worker foot in the industrial working environment. The AS 2210.3:2019 standard focuses on the heel area on boots; height of upper, pressure, and bump impact resistance of toe cap; minimum length of footwear; water vapor permeability and water vapor number of upper; and thickness and abrasion resistance of out sole. Footwear, in accordance with AS 2210.3:2019, is intended to protect the wearer from falling or rolling objects, and bumps; it is also meant to refrain users from walking into sharp or pointed objects and hot and cold substances. Rapid developments in industries such as construction, manufacturing, mining, and oil & gas has led to increase in number of manufacturing stages and protocols, which compels plant operators to prioritize worker safety.

ANZ Industrial Protective Footwear Market, by Standard – 2018 and 2027


ANZ Industrial Protective Footwear Market, by Standard – 2018 and 2027

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Type-Based Market Insights

Based on type, the ANZ industrial protective footwear market is segmented into waterproof footwear and non-waterproof footwear.  In 2018, the non-waterproof footwear segment led the industrial protective footwear market with a larger share. Non-waterproof footwear is general-purpose safety footwear used in various industries such as manufacturing, construction, oil and gas, chemicals, food, mining, pharmaceuticals, and transportation. It is specifically designed to safeguard the feet from falling objects, fatigue, burns, cutting, and electrical hazards.

Application-Based Market Insights

Based on application, the ANZ industrial protective footwear market is segmented into manufacturing, construction, oil and gas, chemicals, food, mining, pharmaceuticals, agriculture and transportation. In 2018, the construction segment led the industrial protective footwear market with the largest share and is expected to continue its dominance during the forecast period. Protective footwear is extensively used in the construction sector as the workers are subject to high risk of meeting with accidents at construction sites. Lifting of heavy objects and transportation are common tasks at these sites. Various objects, including sharp nails, fallen on ground, greasy and oil surfaces making them slippery are among the common causes of severe injuries on the job. Various types of protective footwear used in the construction sector include metatarsal shoes, steel toe capped shoes, slip-resistant footwear, and metal instep shoes. Growing adoption of health and safety practices to reduce workplace fatalities drives the demand for industrial protective footwear for construction workers in ANZ.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

ANZ Industrial Protective Footwear Market: Strategic Insights

anz-industrial-protective-footwear-market
Market Size Value inUS$ 57.20 Million in 2018
Market Size Value byUS$ 77.63 Million by 2027
Growth rateCAGR of 3.6% from 2019-2027
Forecast Period2019-2027
Base Year2019
Analyst Image

Shejal

Have a question?

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

The key players operating in market are Bata Industrials Australia, Blundstone Australia, Dewalt, Dunlop, and Honeywell Safety Products. These players have adopted product launch, agreement & partnership, business expansion, and product innovations as their key strategies to increase their market share. Among these, product launches and partnerships are the prominent strategies adopted by the key players to remain competitive in the market.

ANZ Industrial Protective Footwear Market, by Standard

  • AS 2210.3:2019
  • AS 2210.5:2019
  • Others

ANZ Industrial Protective Footwear Market,by Type

  • Waterproof Footwear
  • Non-waterproof Footwear

ANZ Industrial Protective Footwear Market, by Application

  • Construction
  • Manufacturing
  • Mining
  • Oil and Gas
  • Chemicals
  • Food
  • Pharmaceuticals
  • Agriculture
  • Transportation

Company Profiles

  • Bata Industrials Australia
  • Blundstone Australia
  • Dewalt
  • Dunlop
  • Oliver Footwear
  • Honeywell Safety Products
  • Redback Boots
  • Safeworx
  • Skellerup
  • Steel Blue
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Standard, Type, Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Australia, China, Japan, South Korea

TheList of Companies - ANZ Industrial Protective Footwear Market

  1. BataIndustrials Australia
  2. BlundstoneAustralia
  3. Dewalt
  4. Dunlop
  5. OliverFootwear
  6. HoneywellSafety Products
  7. RedbackBoots
  8. Safeworx
  9. Skellerup
  10. SteelBlue


The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to ANZ Industrial Protective Footwear Market