South Korea Slip Resistant Work Shoes Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The South Korean Slip Resistant Work Shoes Market is experiencing significant growth, driven by the increasing emphasis on workplace safety across various industries. As of 2023, the South Korean workwear market, which includes protective footwear, generated revenue of approximately USD 1,089.5 million and is projected to reach USD 1,505.0 million by 2030, reflecting a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030. Notably, the workwear footwear segment is identified as the most lucrative, registering the fastest growth during this period. citeturn0search0
Industries such as construction, manufacturing, and chemicals are at the forefront of adopting slip-resistant work shoes. The construction sector, with its inherent risks of slips and falls, mandates footwear that offers superior grip and durability. Similarly, the manufacturing industry, dealing with diverse materials and machinery, requires shoes that ensure stability and protection. The chemical sector, handling hazardous substances, prioritizes footwear that resists slips and provides chemical resistance. citeturn0search3
In the first half of 2022, the overall footwear market in South Korea was forecasted to amount to approximately 3.39 trillion South Korean won, marking a 9.5% growth compared to the same period the previous year. This surge underscores the rising demand for specialized footwear, including slip-resistant variants. citeturn0search1
From a personal perspective, navigating the bustling industrial zones of Seoul, it's evident that workers are increasingly equipped with slip-resistant footwear. Conversations with industry professionals reveal a heightened awareness of workplace safety standards and a proactive approach to adopting protective gear. This cultural shift not only enhances worker safety but also boosts morale and productivity.
Key players in the South Korean market, such as Honeywell International Inc., Lakeland Industries Inc., and Ansell Ltd., are responding to this demand by offering innovative slip-resistant footwear solutions tailored to the specific needs of these industries. citeturn0search2
In summary, the Slip Resistant Work Shoes Market in South Korea is poised for robust growth, propelled by stringent safety regulations, industrial expansion, and an overarching commitment to worker well-being. As industries continue to prioritize safety, the demand for high-quality, slip-resistant footwear is expected to rise, fostering a safer and more productive work environment.
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Skechers Work
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Genuine Grip
EasyWorks
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Slip Resistant Work Shoes Market
Construction Industry
Healthcare and Medical
Food Service and Hospitality
Manufacturing and Warehousing
Retail and Supermarkets
Leather
Synthetic Upper
Mesh Fabric
Rubber Soles
EVA and PU Materials
Slip-On Shoes
Lace-Up Shoes
Boots
Sneakers
Clogs
Steel Toe-Cap Shoes
Waterproof Shoes
Electrical Hazard Rated Shoes
Insulated Shoes
Puncture Resistant Shoes
Outsole Traction Patterns
Slip Resistant Rubber Compounds
Oil and Chemical Resistant Features
Multi-Directional Tread Design
Shock Absorption Technologies
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Slip Resistant Work Shoes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Slip Resistant Work Shoes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Slip Resistant Work Shoes Market, By Type
6. South Korea Slip Resistant Work Shoes Market, By Application
7. South Korea Slip Resistant Work Shoes Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Slip Resistant Work Shoes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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