Europe Protective Footwear Market Size

Europe Protective Footwear Market Analysis

The Europe Protective Footwear Market is expected to grow at a CAGR of 5.1% during the forecast period. The growing acceptance of ergonomically designed protective footwear for various end-user industries has driven market growth in the past few years.

• Protective footwear is a measure that is intended to prevent injury or reduce injury severity in the event of an accident. This safety footwear protects the person from burns, cuts, and punctures.
• As companies across Europe are moving towards industry 4.0 and are turning to industrial automation for most of their work, the risk of electric shocks is also increasing as the use of cobots and automated guided vehicles continue to grow in the industrial sector, which is influencing the demand for high-quality safety shoes.
• Further, Government regulations for employee safety are helping the market to grow at a significant pace. For instance, in September 2022, Spain legislation approved the law improving working conditions for domestic workers. The regulation is projected to come into force in October 2022 and will benefit more than 3,70,000 domestic workers in Spain.
• Also, the rising construction activities in the region encourage the demand for protective footwear. For instance, in July 2022, Uniper started the construction of Germany's first LNG terminal in Wilhelmshaven. The company will build and operate the terminal at the Federal Republic of Germany's request. The terminal will handle up to 7.5 million cubic meters of natural gas per year, which is about 8.5% of Germany's gas demand per year.
• COVID-19 had a significant impact on the protective footwear market. This is due to disruptions such as lockdowns, retail store closures, and worker salary cutbacks. This brought the economy to a standstill, and many factories were shut down. Also, the temporary shutdown and closure of manufacturing units reduced the demand for safety footwear in the region.