MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
PPE - Safety Footwear
Overview
Market size
$14.5B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$18.7B
What changed
Demand by region
Asia Pacific demand37%
North America demand27%
Europe demand23%
Latin America demand8%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Raw materials (Leather, Rubber, Polymers, Steel, Composites)45%
Direct labor and manufacturing overhead25%
Inbound and outbound logistics and distribution15%
Compliance testing and regulatory certifications8%
Energy and utilities7%
share of delivered cost (analyst estimate)