World Protective Footwear Market to Grow 2.2% annually from 2015 to 2019

Sept. 15, 2015 - PRLog -- Global demand for protective footwear is forecast to expand 2.2% p.a. between 2015 and 2019. China, India, Italy, Jordan and the United Statesare considered the highest potential markets in the coming years.

According to recently published research conducted by a leading international market research company,  the expansion of the global protective footwear industry is forecast to reach 2.2% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 6.3%. Currently, protective footwear of leather accounts for 90.8% of the global demand while protective footwear of plastics or rubber has a 9.2% share of the market.

China, Germany, Italy, the United Kingdom and the United Statesrepresent the largest protective footwear markets while the strongest annual growth is forecast to occur in Jordan          (13.9%), Sri Lanka (11.8%), Macedonia (10.5%), Tanzania (9.8%) and India (9.6%).

Protective footwear market size compared to market growth in different countries

Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential protective footwear markets in the coming years are:

Ranking  Country  Market Potential Rate
1  China  0.48
2  United States  0.27
3  Italy  0.26
4  Jordan  0.14
5  India  0.13
6  Sri Lanka  0.12
7  Macedonia  0.10
8  Tanzania  0.10
9  Germany  0.09
10  Kenya  0.09
11  Philippines  0.09
12  Bolivia  0.09
13  Oman  0.09
14  Indonesia  0.09
15  United Kingdom  0.08
16  Australia  0.08
17  Chile  0.08
18  Romania  0.07
19  South Korea  0.07
20  Turkey  0.07

The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date industry data on the actual market situation, trends, and future outlook for protective footwear in the world and individually for the following countries:

Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Bolivia, Botswana, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesia, Iran, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kenya, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Mongolia, Nepal, Netherlands, Norway, Oman, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Senegal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sudan, Sweden, Tanzania, Thailand, Turkey, Ukraine, United Kingdom, United States, Uruguay

The reports include historic data from 2008 to 2014 and forecasts until 2019 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.

The reports help answer the following questions:

- What is the current size of the protective footwear market in the world and in different countries?
- How is the protective footwear market divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?

The latest industry data included in these reports:

- Overall protective footwear market size, 2008-2019
- Protective footwear market size by product segment, 2008-2019
- Growth rates of the overall market and different product segments, 2008-2019
- Shares of different product segments of the overall market, 2008, 2014 and 2019
- Market potential rates of the overall market and different product segments

The market data is given for the following product segments:

Protective footwear of plastics or rubber
Protective footwear of leather

For more detailed information about the reports, visit our website:

http://www.idatainsights.com/reports-landing-page.php?id=...