COVID-19 Drives North American Protective Footwear Market to Streamline Supply Chains and Pursue Inorganic Growth
|出版商||Frost & Sullivan||商品編碼||999062|
|出版日期||內容資訊||英文 78 Pages
|北美安全靴市場：精簡供應鏈，追求與新型冠狀病毒感染（COVID-19）相關的無機增長 COVID-19 Drives North American Protective Footwear Market to Streamline Supply Chains and Pursue Inorganic Growth|
|出版日期: 2021年03月26日||內容資訊: 英文 78 Pages||
2020 年北美安全靴市場規模達到 21.34 億美元。按終端行業劃分，建築業佔15.8%，製造業佔14.1%，油氣（O&G）行業佔12.9%。冠狀病毒感染 (COVID-19) 由於感染蔓延而導致石油生產活動中斷對市場產生負面影響，而嚴格遵守工人保護措施正在促進市場增長。
本報告分析了北美國家（美國/加拿大）的安全靴市場，並提供了產品和市場概況、主要促進/制約因素以及整體市場規模趨勢預測（2017-2025），詳細趨勢按產品/最終用途行業（建築、製造、石油/天然氣、食品加工、化學加工、運輸等）、個人防護裝備 (PPE) 整個市場的新型冠狀病毒感染 (COVID) -19) 我們將收集並提供諸如影響的信息）。
Elevated Market Competition Creates a Wave of Mergers & Acquisitions
This research presents an assessment of the current status and future prospects of the North American protective footwear market. In 2020, the market generated revenue of $2,134.0 million; the safety shoes segment accounted for 60.1% of that and will experience strong revenue generation, albeit marginally, during the forecast period, driven by high adoption in the construction, manufacturing, transport, and hospitality sectors.
Construction, manufacturing, and oil and gas (O&G) were the three major end-use industries, accounting for 15.8%, 14.1%, and 12.9% revenue share, respectively. However, O&G was the most severely affected by the COVID-19 pandemic. The major growth restraints were temporary closure of fields during the peak months of the pandemic, reduced demand, and a drop in crude oil prices.
The United States accounted for 87.5% market revenue share. The country will experience a compound annual growth rate of (CAGR) of 3.7% from 2020 to 2025. Post-pandemic growth will be driven by strict safety compliance enforced by employers looking to safeguard their workers' health. Manufacturers will streamline supply chains and pursue inorganic growth to ensure sustainability.
Adoption of protective footwear with improved anti-slip and metatarsal protection is a major technology trend: the high incidence of injuries caused by slips and trips and from falling objects has boosted demand for protective footwear with these properties. Also, end-user preference for athletic, lightweight, and easy on-and-off protective footwear has increased. Manufacturers are investing in research and development (R&D) to create products that offer adequate safety with better comfort and breathability.
This report analyzes the impact of the COVID-19 pandemic on demand for personal protective equipment (PPE) in the North American protective footwear market.
Market forecasts cover revenue generated from protective footwear sales in North America (Canada and the United States) between 2017 and 2025. Revenue is recorded in US dollars and is accounted for at the manufacturer level.
End-use industries include construction; manufacturing; O&G; food processing; chemical processing; transport; and others, namely agriculture, pharmaceuticals, utilities, mining, healthcare, and hotels-restaurant-catering (HoReCa).
For the purpose of this research, protective footwear is classified as a product worn to protect the wearer from foot injury hazards. The products are segmented by safety shoes and safety boots.
Discussions include market drivers and restraints; industry, product, and technology trends; material innovations; competitive landscape, and growth opportunities.