Dublin, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The "Protective Eyewear - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Protective Eyewear Market to Reach $3.8 Billion by 2030
The global market for Protective Eyewear estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$3.8 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030.
The report categorizes protective eyewear into various types, including non-prescription, prescription, direct-vented, indirect-vented, and non-vented. Each type is analyzed in terms of annual sales from 2022 to 2030, as well as historical data from 2014 to 2021 and a 16-year perspective.
Non-Prescription, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$2.2 Billion by the end of the analysis period. Growth in the Prescription segment is estimated at 5.1% CAGR for the next 8-year period.
Moreover, it examines the market for protective eyewear across different applications, such as industrial manufacturing, construction, military, oil & gas, mining, and other applications. Sales data for these applications are analyzed from 2022 to 2030, along with historical data from 2014 to 2021 and a 16-year perspective.
The U.S. Market is Estimated at $862.5 Million, While China is Forecast to Grow at 6.2% CAGR
The Protective Eyewear market in the U.S. is estimated at US$862.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$598.8 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030.
This dataset presents a comprehensive analysis of the protective eyewear market across various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa. It covers recent past, current, and future sales data from 2022 to 2030, along with the percentage Compound Annual Growth Rates (% CAGR). Additionally, it provides a historic review of sales data from 2014 to 2021 and offers a 16-year perspective, depicting the percentage breakdown of value sales for different regions in 2014, 2023, and 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Accompanying this, you'll find a meticulously curated list and analysis of the key competitors in this market, making it a quintessential guide for those keen on gaining a competitive edge in the protective eyewear industry.
Overall, this report offers a comprehensive overview of the protective eyewear market, its types, and various applications, facilitating a thorough analysis of the industry's past, present, and future trends.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 728 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.6 Billion |
| Forecasted Market Value (USD) by 2030 | $3.8 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
MARKET OVERVIEW
- Amidst Subdued Industrial Activity, Weakness Extends to Every Industry except Healthcare
- COVID-19 Makes PPEs Popular
- Proper Donning & Doffing of PPE Holds Critical Relevance for Mitigating COVID-19 Infection Risk
- An Overview of Personal Protective Equipment (PPE) and Protective Eyewear
- Protective Eyewear
- Compliance with Regulatory Guidelines - Key to Success
- Good Prospects for PPE and Protective Eyewear Market with Focus Shifting to Safety at Work Place
- Key Growth Drivers
- COVID-19 Dents Prospects Temporarily in Immediate Term
- Demand for Safety Glasses Spells Boom for Protective Eyewear Market
- Analysis by Product Type
- World Protective Eyewear Market by Product Type (2021 & 2027): Percentage Breakdown of Sales for Non-Prescription, and Prescription
- Analysis by Application
- World Protective Eyewear Market by Application (2021 & 2027): Percentage Breakdown of Sales for Industrial Manufacturing, Construction, Military, Oil & Gas, Mining, and Other Applications
- US Maintain Commanding Position in Global Protective Eyewear Market
- World Protective Eyewear Market by Region (2021 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
- World Protective Eyewear Market - Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
- Protective Eyewear - Global Key Competitors Percentage Market Share in 2022 (E)
- Companies Utilize Periods of Economic Slowdown to Expand Business Opportunities
- Manufacturers Eye Product Innovation to Gain Competitive Edge
- Recent Market Activity
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
- High-Growth Opportunities in the Military Sector
- Defense Expenditure Worldwide in US$ Billion for the Years 2001 through 2020
- Leading Countries Ranked by Defense Budgets in US$ Billion for 2020 Country Spending (US$ Billion)
- Protective Eyewear: An Integral Component of Pharmaceutical PPE
- Rising Demand for Laser Safety Eyewear
- Smart Safety Glasses to Capture Eyeball Share in PPE Space
- Technology Innovations in Safety Smart Glasses
- Enhanced Eye Safety at Core Smart Safety Glass Evolution
- Established Use Case in Oil & Gas Sector Augurs Well
- Rise in Workplace Accidents Fuels Demand for Protective Eyewear
- Breakdown of Annual Work Related Fatalities (In Thousand) Worldwide by Region: 2019
- Stringent Regulations Promote Adoption of PPE and Protective Eyewear
- Manufacturing Industry Remains Important Consumer of Protective Eyewear Despite COVID-19 Backlash
- Anticipated Demand from Automotive Industry to Keep Manufacturing Sector Buoyant in Long Term
- Improving Worker Safety is Paramount in Construction Industry, One of the Largest Consumers of Protective Eyewear
- Pandemic Disrupts Residential & Commercial Construction Spending
- World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
- Focus on Infection Control Spurs Demand for Protective Eyewear in the Healthcare Sector
- Increasing Healthcare Expenditure to Foster Market Growth
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
- Eye Protection Gear-Improvement through Advanced Technology
- Technology Innovations to Benefit Market Growth
- Select Innovations
FOCUS ON SELECT PLAYERS (Total 184 Featured)
- 3M Company
- Cardinal Health, Inc.
- Ansell Ltd.
- Allegro Industries
- Avacore Sp. Z O.O.
- Amdrecor, Inc.
- Artilux Swiss Safety AG
- BartelsRieger Atemschutztechnik GmbH
- Bolle Safety
- Broadwood Ltd.
- Amray Medical
- Besco Medical Limited
- Anqing Kangmingna Packaging Co., Ltd.
- Berner International GmbH
- Almax Industries Limited
For more information about this report visit https://www.researchandmarkets.com/r/idsbn2
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