Protective Eyewear Market

Protective Eyewear Market Size (2022 – 2027)

The Protective Eyewear market was worth US$ 2.5 billion in 2021 and is projected to reach the valuation of US$ 3.3 billion by 2027 and is predicted to register a CAGR of 4.23% during 2022-2027.

The tendency, combined with an increase in the number of workplace injuries, is expected to boost the market growth. In the projected period, the worldwide safety eyewear market is likely to grow at a rapid pace.

Protective eyewear protects the wearer's eyes from potential harm. Protective eyewear provides a close fit to the eyes and entirely encloses the worker's eyes, eye sockets, and surrounding face area from impact, dust, mists, fumes, and splashes. Anti-scratch, anti-fog, anti-fog/anti-scratch, and other coatings are available on the protective eyewear. These can be worn on a regular basis or in industries including oil and gas, construction, and mining. Goggles, direct ventilated products, indirect ventilated products, and non-ventilated products are the four main forms of protective eyewear. Different sizes and styles of protective eyewear are available. The compatibility of safety eyewear products varies depending on the industry in which they are used. Furthermore, selecting appropriate safety eyewear is influenced by a number of factors, including size, safety, blocker type, comfort, and budget.

Because of the increased frequency of occupational injuries involving the eyes and the existence of numerous workplace rules for protective eyewear, the Protective Eyewear Market is booming. The presence of various such rules has helped to boost the worldwide protective eyewear market by increasing employers' responsibility to safeguard on-site workers' eyes from potential damage caused by dust, mist, chemical splashes, and other factors in an industrial environment. However, the market's growth is being stifled by rising automation across many industries. Because automated systems provide significant safety benefits to human workers by preventing injuries or ill health impacts from working in dangerous situations, they are becoming increasingly popular.

MARKET DRIVERS

A major or primary element driving revenue growth in the worldwide protective eyewear market is the implementation of strict laws and derivatives pertaining to the worker and personal safety.

Other factors driving up demand for personally owned protective equipment, such as protective eyewear, include an increase in workplace accidents and occurrences. Supportive government laws are currently another major driver of market expansion. An increasing number of people are electing to make items in their backyards or garages, at privately managed do-it-yourself setups, in the outdoors while working with wood, metals, earth, clay, sculpturing, woodworking, and tree falling, and at shooting ranges, among other places.

To mention a few, these are prominent trends or activities in the United States, Canada, Russia, France, Germany, Sweden, and the United Kingdom. Furthermore, with a number of recent uprisings in nations such as Venezuela, Hong Kong, the United Kingdom, Iraq, and Palestine, protective eyewear adoption has seen a significant increase. Chemical compounds, water, sprays, gas, and other substances are all protected by eyewear.

MARKET RESTRAINTS

Other market alternatives or lack of awareness may stifle the expansion of the protective eyewear industry.

PROTECTIVE EYEWEAR MARKET REPORT COVERAGE:

Global Protective Eyewear Market - By Product:

• Anti-Scratch
• Anti-Fog
• Others

Anti-Scratch had the greatest market share in 2021, with 61.95 percent, and is expected to increase at a CAGR of 4.24 percent over the forecast period.

Global Protective Eyewear Market - By Type:

• Polycarbonate Lens
• Plastic (CR39) Lens)
• Trivex Lens
• Glass Lens
• others

The Polycarbonate Lens segment currently holds the largest market share and is predicted to develop significantly and continue to dominate the worldwide market during the forecast period.

Global Protective Eyewear Market - By Application:

• Manufacturing Industry
• Construction Industry
• Oil and Gas Industry
• Chemical Industry
• Mining Industry
• Pharmaceutical Industry
• Others

In the global market, the Manufacturing Industry component has the biggest market share and is expected to increase rapidly throughout the forecast period.

Global Protective Eyewear Market – By Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa

Due to the existence of numerous oil and gas and mining sectors, Asia Pacific is expected to be the fastest expanding regional market. Furthermore, market expansion in Asia Pacific is expected to be fuelled by OSHA regulations and rapid development in the manufacturing and military sectors.

From 2022 to 2027, the North American market is expected to grow at a CAGR of 4.0% in terms of value. Product demand in the region is expected to rise as a result of severe workplace safety laws in North American countries. In addition, a number of employers are doing research to evaluate the health risks that their employees face at work, increase employee happiness, and promote workplace safety.

In the foreseeable future, the robust manufacturing base of motor vehicles in Germany and the United Kingdom is expected to have a favorable impact on the use of safety equipment. Growing demand for the product in European automotive and chemical manufacturing companies as these industries grow is expected to enhance growth in Europe.

Saudi Arabia in the Middle East and Brazil in Central and South America are both contributing significantly to market expansion. Because of the large presence of the oil and gas and mining industries in these nations, the product has a potential market. The public's awareness of these industries' safety risks may help drive market expansion in these countries.

Key Players

•    3M

•    Kimberly Clark

•    UVEX

•    Lincoln Electric Holdings

•   Smith & Wesson

•    Miller Electric

•    Carhartt

•    MCR Safety

•    Wiley X

•    Pyramex Safety Products, LLC.