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Shoe cover market is anticipated to gain remarkable momentum over 2022-2028, due to the myriad product benefits, such as its ability to act as a barrier against contaminants and organisms and safeguard healthcare workers and personnel, among others. The availability of reusable silicone shoe covers with high elasticity and other innovative features for use against rain, mud, snow, and slush will also contribute to industry expansion over the forthcoming years. Shoe covers refer to slip-on garments and common items of PPE within the chemical, medical, industrial, cleanroom, laboratory, and emergency environments, which fit snugly over a range of shoe sizes and styles. They can prevent users’ shoes from coming in contact with potentially hazardous materials like chemical and organic particles.
Rapid investment interest towards the food processing sector is one of the major trends propelling the shoe cover market outlook over 2022-2028. The USDA, for example, announced its plans to invest around $500 million in the American Rescue Plan funds in July 2021, with an aim to expand the poultry and meat processing capacity. Such factors will push the demand for shoe protectors to reduce risk of contamination and ensure safety, hygiene, and sanitation across the food processing industry. In addition, the mounting construction of high-rise buildings in the UK will further augment the use of PPE like disposable shoe covers at construction sites.
Based on application, the healthcare segment will hold a considerable share in the shoe cover industry by 2028. This can be credited to the high awareness about the product benefits for medical providers and patients, including high efficiency, reduced contamination, and safety. Likewise, the increasing emphasis on boosting healthcare spending in developing economies to revive the economy from the massive slump during the coronavirus pandemic will also drive segmental expansion over the years ahead.
The Asia Pacific shoe cover market is poised to depict a strong growth rate through 2028. This is driven by the thriving pharmaceutical industry in countries like India amid the pandemic, thus augmenting the requirement of shoe covers to prevent the spread of the contaminants. In 2021, the Japanese government pledged to fulfill several sustainability commitments under the Strategy for Sustainable Food Systems, including at least a 30% increase in the productivity of food manufacturing. Initiatives such as these could also augment the regional industry size, given the use of shoe protectors in food processing applications.
Prominent players operating in the shoe cover industry include MBL Impex Private Limited, Kwalitex Healthcare Private Limited, AMMEX, Pro Shoe Covers, Cordova Safety Products, Protexer Corporation (Team Technologies, Inc.), Royal Shoe Covers, Nelson-Jameson, Inc., and others. These companies are focusing on strategies such as innovative product launches, acquisitions, mergers, and business expansions to increase their presence across the competitive market.
COVID-19 Impact on Shoe Cover Market Trends:
In light of the novel coronavirus pandemic, the significance of personal protective equipment has increased considerably, particularly among industry and healthcare workers, to mitigate the virus spread. Easily accessible PPE items, including shoe covers, have become more prevalent during the pandemic, while the rapid technological advancement has also optimized the use of the product. One instance of these advancements is the introduction of automatic shoe cover dispensers, which is a hands-free solution. The launch of such devices can reduce touchpoints and consequently help minimize the spread of germs. These aforementioned factors could assert a positive influence on the overall shoe cover industry dynamics over the foreseeable future.