20 March 2023, Mumbai
The Work Shoes market is likely to hit USD 680.3 million by 2032, growing at a CAGR of 5.00% from 2022 to 2032, according to estimates. Work shoes, also described as safety shoes or safety boots, are used to provide support and protection to workers' feet while they are at work.
Work shoes are common in manufacturing and construction sites, where hazards are prevalent. The demand for work shoes was impacted by the COVID-19 pandemic, which caused enormous disruption to the distribution channel and impacted the market.
However, as COVID regulations have eased off globally, the manufacturing and construction sites have almost totally resumed operations, resulting in incremental demand/demand tailwinds for work shoes.
Manufacturers are curating and developing specially designed work shoes with differentiated features, such as anti-slip and protective plates to protect toes and heels.
More & more brands and launching special-themed and designed shoes are helping manufacturers to increase sales of their products in different regions as a marketing strategy of collaboration.
If one were to look at the global scenario, the United States has quite a few regulations for work shoe standards, while the United Kingdom also stresses work safety and the sustainable manufacturing side of the business.
CREDITS: Insights are based on a report by Future Market Insights.
