Global Protective Eyewear Market Size To Worth USD 4.80 Billion by 2033 | CAGR of 4.74%
Category: Consumer GoodsGlobal Protective Eyewear Market Size To Worth USD 4.80 Billion by 2033
According to a research report published by Spherical Insights & Consulting, the Global Protective Eyewear Market Size is Estimated to Grow from USD 3.02 Billion in 2023 to USD 4.80 Billion by 2033, Growing at a CAGR of 4.74% during the forecast period 2023-2033.
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Browse key industry insights spread across 235 pages with 127 Market data tables and figures & charts from the report on the "Global Protective Eyewear Market Size, Share, and COVID-19 Impact Analysis, By Product (Prescription and Non-Prescription), By Application (Oil & Gas, Industrial Manufacturing, Military, Mining, Construction, and Others), By Distribution Channel (B2B and D2C), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/protective-eyewear-market
The global protective eyewear market is the industry that produces and distributes eyewear that protects the eyes from hazards such as chemicals, flying debris, and bright light. It includes safety glasses, goggles, face shields, and visors. The global market for protective eyewear is being driven by several factors, including increased awareness of eye protection, stronger workplace safety regulations, and technological advancements in eyewear design. However, the market for protective eyewear is constrained in some areas by a lack of awareness and resistance to its use.
The non-prescription segment held the largest share of 70.11% in 2023 and is estimated to grow at a CAGR of 4.14% throughout the projection period.
Based on the product, the global protective eyewear market is categorized into prescription and non-prescription. Among these, the non-prescription segment held the largest share of 70.11% in 2023 and is estimated to grow at a CAGR of 4.14% throughout the projection period. Non-prescription eyewear offers the advantage of immediate usage without the need for customization, making it a logical choice for companies wishing to efficiently outfit sizable workforces with protective gear.
The industrial manufacturing segment accounted for the largest market share of 35.55% in 2023 and is estimated to grow at a CAGR of 4.42% throughout the projection period.
Based on the application, the global protective eyewear market is classified into oil & gas, industrial manufacturing, military, mining, construction, and others. Among these, the industrial manufacturing segment accounted for the largest market share of 35.55% in 2023 and is estimated to grow at a CAGR of 4.42% throughout the projection period. The ongoing implementation of stringent safety regulations across the globe has further increased the demand for protective eyewear in this sector.
The B2B segment dominated the global protective eyewear market share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the global protective eyewear market is divided into B2B and D2C. Among these, the B2B segment dominated the global protective eyewear market share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The business-to-business (B2B) channel has a strong demand for these products because companies buy them to abide by the regulations.
North America is anticipated to hold the largest share of the protective eyewear market over the predicted timeframe.
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North America is anticipated to hold the largest share of the protective eyewear market over the predicted timeframe. The region's dominant position is further influenced by the substantial presence of critical industries such as manufacturing, construction, healthcare, and research, where protective eyewear is crucial.
Asia Pacific is expected to grow at the fastest CAGR growth of the protective eyewear market during the forecast period. This business is being driven in large part by the rapid industrialization of countries such as China, India, and Southeast Asia.
Major key players in the global protective eyewear market include Kimberly-Clark Corp., MCR Safety, SafeVision, LLC, Ergodyne (Tenacious Holdings, Inc.), Honeywell International, Inc., UVEX Winter Holding GmbH & Co., KG, HexArmor, Encon Safety Products, Inc., Medop SA, The 3M Company, Gateway Safety, Inc., Wolf Peak International, Inc. (Edge Eyewear), Bollé Safety, Radians, Inc., Pyramex Safety Products LLC, and Others.
Recent Development
- In April 2024, Popticals, a high-end eyewear company, introduced the POPZULU Ops Edition, a range of safety and ballistic eyewear. POPZULU offers complete defense with lenses that are made to shield and a frame that can be folded into a hard-shell case that fits in a pocket. It is made for tactical and industrial settings. The proprietary FL2 Micro-Rail System technology enabling collapsibility and an inventive frame design are features of the POPZULU sunglasses. They are made from premium materials such as Grilamid TR90, which is lightweight and durable, Hydrophobic Ri-Pel coating, and Carl Zeiss Vision Impacto lenses, which are five times more resilient to impacts and strains than polycarbonate.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the protective eyewear market based on the below-mentioned segments:
Global Protective Eyewear Market, By Product
- Prescription
- Non-Prescription
Global Protective Eyewear Market, By Application
- Oil & Gas
- Industrial Manufacturing
- Military
- Mining
- Construction
- Others
Global Protective Eyewear Market, By Distribution Channel
- B2B
- D2C
Global Protective Eyewear Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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