(MENAFN- America News Hour) Research Nester released a report titled“unbreakable shoes market : Global Demand Analysis & Opportunity Outlook 2028′′ which delivers detailed overview of the global unbreakable shoes market in terms of market segmentation by design, demographics, application, end user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model.
Unbreakable shoes are used as a guard for preventing foot injury at manufacturing plants, factories, construction and mining sites, and are integrated with comfort and style. Owing to its numerous benefits, such as robust design and light in weight, as well as its availability in various stylish looks, such as in sneakers and comfortable shoes, the unbreakable shoes market is anticipated to record a significant CAGR over the forecast period, i.e., 2020-2028. The market is segmented by design into safety work shoes and athletic shoes, out of which, the safety work shoes segment is anticipated to hold the leading share in the unbreakable shoes market. This can be attributed to the growing requirement by manufacturing and construction companies, which are liable to follow the safety guidelines as mandated by safety regulatory authorities.
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Based on the regional analysis, the unbreakable shoes market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America is predicted to hold the largest share on account of increasing innovation by shoe manufacturing companies in the region, as well as for the presence of leading market players.
Lack of Awareness Towards Safety in the Wake of Industrial Development to Boost the Market Growth
Every 7 seconds, a worker is injured on the job
according to the data as per the National Safety Council (NSC).
The demand for unbreakable shoes is high as the injuries occurred from accidents related to oil slips and sharp cuts in manufacturing as well as construction site are constantly rising. Additionally, increasing requirements for the unbreakable shoes by athletes owing to the increasing safety concerns in their physical activities is anticipated to significantly expand the unbreakable shoes market. However, high price coupled with the increase in automated industries is estimated to hamper the market growth.
This report also provides the existing competitive scenario of some of the key players of the global unbreakable shoes market which includes company profiling of Indestructible Shoes LLC and Diadora S.p.A. Moreover, several players in the footwear industry are increasingly expanding their product diversification by utilizing advanced technologies that help to design the shoes which are lightweight, comfortable, robust, stylish and can lasts on ground for more years.
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Additionally, several players are also increasingly spending on research and developmental activities that help to advance the technologies in shoes.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global unbreakable shoes market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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