Global Protective Eyewear Strategic Market Report 2022 & 2023-2030: Manufacturing Industry Remains Important Consumer of Protective Eyewear Despite COVID-19 Backlash
DUBLIN, Nov. 13, 2023 /PRNewswire/ — 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 sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
Amidst Subdued Industrial Activity, Weakness Extends to Every Industry except HealthcareCOVID-19 Makes PPEs PopularProper Donning & Doffing of PPE Holds Critical Relevance for Mitigating COVID-19 Infection RiskAn Overview of Personal Protective Equipment (PPE) and Protective EyewearProtective EyewearCompliance with Regulatory Guidelines – Key to SuccessGood Prospects for PPE and Protective Eyewear Market with Focus Shifting to Safety at Work PlaceKey Growth DriversCOVID-19 Dents Prospects Temporarily in Immediate TermDemand for Safety Glasses Spells Boom for Protective Eyewear MarketAnalysis by Product TypeWorld Protective Eyewear Market by Product Type (2021 & 2027): Percentage Breakdown of Sales for Non-Prescription, and PrescriptionAnalysis by ApplicationWorld Protective Eyewear Market by Application (2021 & 2027): Percentage Breakdown of Sales for Industrial Manufacturing, Construction, Military, Oil & Gas, Mining, and Other ApplicationsUS Maintain Commanding Position in Global Protective Eyewear MarketWorld Protective Eyewear Market by Region (2021 & 2027): Percentage Breakdown of Revenues for Developed and Developing RegionsWorld Protective Eyewear Market – Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and JapanProtective Eyewear – Global Key Competitors Percentage Market Share in 2022 (E)Companies Utilize Periods of Economic Slowdown to Expand Business OpportunitiesManufacturers Eye Product Innovation to Gain Competitive EdgeRecent Market ActivityCompetitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
High-Growth Opportunities in the Military SectorDefense Expenditure Worldwide in US$ Billion for the Years 2001 through 2020Leading Countries Ranked by Defense Budgets in US$ Billion for 2020 Country Spending (US$ Billion)Protective Eyewear: An Integral Component of Pharmaceutical PPERising Demand for Laser Safety EyewearSmart Safety Glasses to Capture Eyeball Share in PPE SpaceTechnology Innovations in Safety Smart GlassesEnhanced Eye Safety at Core Smart Safety Glass EvolutionEstablished Use Case in Oil & Gas Sector Augurs WellRise in Workplace Accidents Fuels Demand for Protective EyewearBreakdown of Annual Work Related Fatalities (In Thousand) Worldwide by Region: 2019Stringent Regulations Promote Adoption of PPE and Protective EyewearManufacturing Industry Remains Important Consumer of Protective Eyewear Despite COVID-19 BacklashAnticipated Demand from Automotive Industry to Keep Manufacturing Sector Buoyant in Long TermWorld Automobile Production in Million Units: 2008-2022Improving Worker Safety is Paramount in Construction Industry, One of the Largest Consumers of Protective EyewearPandemic Disrupts Residential & Commercial Construction SpendingWorld Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022Focus on Infection Control Spurs Demand for Protective Eyewear in the Healthcare SectorIncreasing Healthcare Expenditure to Foster Market GrowthWorld Healthcare Expenditure (In US$ Billion) for the Years 2017-2023Eye Protection Gear-Improvement through Advanced TechnologyTechnology Innovations to Benefit Market GrowthSelect Innovations
FOCUS ON SELECT PLAYERS (Total 184 Featured)
3M CompanyCardinal Health, Inc.Ansell Ltd.Allegro IndustriesAvacore Sp. Z O.O.Amdrecor, Inc.Artilux Swiss Safety AGBartelsRieger Atemschutztechnik GmbHBolle SafetyBroadwood Ltd.Amray MedicalBesco Medical LimitedAnqing Kangmingna Packaging Co., Ltd.Berner International GmbHAlmax Industries Limited
For more information about this report visit https://www.researchandmarkets.com/r/zce56q
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets