Report ID: SQMIG25L2003
Report ID:
SQMIG25L2003 |
Region:
Global |
Published Date: July, 2024
Pages:
223
|
Tables:
87 |
Figures:
76
Global Shoe Cover Market size was valued at USD 66.99 billion in 2022 and is poised to grow from USD 71.21 billion in 2023 to USD 126.02 billion by 2031, growing at a CAGR of 7.4% during the forecast period (2024-2031).
The increased awareness of safety and hygiene along a wide range of industries, in addition to the rising demand for disposable goods, are the main factors driving the shoe cover market. Particularly in the healthcare sector, shoe covers are needed in hospitals and clinics to maintain sterile conditions and stop the spread of contagious diseases. Shoe covers are yet another technique used by the food processing industry to prevent food product contamination.
Shoe covers are often used in manufacturing facilities, schools, and food and beverage operations. The growing food processing industry is expected to significantly raise demand for shoe covers during the next few years. Governmental and non-profit organizations are significantly increasing their funding for F&B firms in an effort to address the growing concerns about food security. For instance, in July 2021, the USDA announced that it would contribute USD 500 million to the American Rescue Plan with the goal to boost the use of PPE by increasing the capacity for processing cattle and poultry.
The opportunity to develop environment-friendly shoe covers is provided by the expanding trend towards sustainable and eco-friendly products. Biodegradable materials could be used in place of conventional disposable shoe covers to help cut down on waste. A chance to expand the market also is given by the rising demand for shoe covers in emerging markets.
US Shoe Cover Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25L2003