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
Industry: Consumer GoodsGlobal Protective Eyewear Market Insights Forecasts to 2033
- The Global Protective Eyewear Market Size was estimated at USD 3.02 Billion in 2023
- The Market Size is Expected to Grow at a CAGR of around 4.74% from 2023 to 2033
- The Worldwide Protective Eyewear Market Size is Expected to Reach USD 4.80 Billion by 2033
- Asia Pacific is expected to grow the fastest during the forecast period.
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The Global Protective Eyewear Market Size is expected to cross USD 4.80 Billion by 2033, growing at a CAGR of 4.74% from 2023 to 2033. Growing understanding and appreciation of the value of eye protection across a variety of fields and endeavors is fueling the growth of the protective eyewear sector.
Market Overview
The industry that manufactures and markets eyewear that shields the eyes from dangers such as chemicals, flying debris, and bright light is referred to as the global protective eyewear market. It comes with visors, goggles, face shields, and safety glasses. Increased awareness of eye protection, stricter workplace safety laws, and technological developments in eyewear design are all driving the global market for protective eyewear. Several technological innovations, for instance, the usage of protective eyewear in many applications, are becoming more and more popular due to its lightweight materials, anti-fog coating, and increased comfort. Globally, governments and regulatory agencies are imposing stringent safety regulations to lower workplace risks, especially in high-risk sectors like manufacturing, mining, and construction. Demand is increased because wearing safety glasses is required to comply with these rules. Additionally, as workplace health and safety become more widely recognized, businesses are spending more money on personal protective equipment (PPE), such as premium safety glasses, to protect their workers. In India, the Indian government is taking initiatives, and many Indian farmers lack formal health insurance, despite government initiatives like Pradhan Mantri Fasal Bima Yojana and Ayushman Bharat. Agriculture poses significant risks, including heat-induced disorders, mechanical injuries, insect bites, and toxic chemicals. Protective eyewear is essential for safeguarding eyes from occupational hazards, particularly in the agriculture sector. India's Optometry Council of India (OCI) and Essilor Vision Foundation (EVF) collaborated to screen farmers for ocular health issues, provide prescription spectacles, and ensure compliance. In certain places, there is not much understanding about and opposition to implementing eye protection, which restricts the eye protection market.
Report Coverage
This research report categorizes the protective eyewear market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the excavator bucket market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the protective eyewear market.
Global Protective Eyewear Market Report Coverage
Report Coverage | Details |
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Forecast Period: | 2023 – 2033 |
Forecast Period CAGR 2023 – 2033 : | 4.74% |
023 – 2033 Value Projection: | USD 4.80 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 235 |
Tables, Charts & Figures: | 127 |
Segments covered: | By Product, By Applicationm, By Distribution and By Region |
Companies covered:: | 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 Others |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
Increased market growth for protective eyewear will result from increased awareness of eye health and occupational safety issues. The importance of eye health and education is demonstrated by public awareness initiatives, which should increase demand for eyewear that protects against long-term damage from UV rays, screen time, and environmental risks. The industry has a new opportunity as a result of the growing demand for customized protective eyewear. Furthermore, creating fashionable and visually appealing designs is assisting in conquering some workers' resistance to wearing safety glasses, particularly younger workers. The industry's growth is further aided by the increasing trend of industrial automation and the usage of sophisticated machinery, both of which provide serious hazards for eye injuries. Increasing usage in numerous industries for safety purposes is driving the protection eyewear market. In addition, protective eyewear is becoming more widely available through online retail and e-commerce platforms.
Restraining Factors
Price is an important obstacle to the broad usage of protective eyewear in markets where consumers are price-conscious, sophisticated end-user businesses might discover this type of eyewear prohibitively expensive. The market for protective eyewear has difficulties with compliance rules in many different sectors. The existence of counterfeit and substandard protective eyewear items may hamper the protective eyewear market. The difficulty of achieving the ideal fit and comfort for a variety of facial shapes and sizes. The market for protective eyewear is very fragmented, with many competitors ranging from well-known brands to tiny specialty producers.
Market Segmentation
The protective eyewear market share is classified into product, application, and distribution channels.
- 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. The popularity of this segment is mostly attributable to its broad use in a variety of sectors, including manufacturing, construction, and chemical processing, where possessing rapid and simple access to eye protection is crucial. It is a flexible solution for a variety of sectors and activities because it may be worn by anyone, independent of their visual requirements. Furthermore, it usually costs less than prescription safety glasses, which must be tailored to the individual's eyesight requirements. Both businesses and individuals wishing to adhere to safety rules without spending significant expenses may find this appealing. In addition, non-prescription eyewear is a sensible option for businesses looking to effectively outfit large workforces with protective gear because it provides the benefit of instant use without the requirement for customization.
- 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 and 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 safety eyewear market is mostly driven by the industrial manufacturing sector's explosive growth. A variety of activities involved in industrial manufacturing, including processing, assembling, and finishing, expose employees to risks such as dust particles, hazardous chemicals, and harmful light radiation. In the industrial production sector, this raises the demand for safety eyewear. The availability of different kinds of eyewear, like glasses, visors, and goggles, that are necessary for job safety is another element that favorably influences the adoption of protective eyewear in the industrial manufacturing sector. The goal of major manufacturers is to increase employee adoption of their products by providing personalized eye protection. Additionally, the demand for protective eyewear in this industry has been strengthened further by the constant enforcement of strict safety requirements worldwide.
- 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. Protective eyewear is required in many industries because of strict workplace safety standards and regulations enforced by government agencies and industry bodies. As a result, there is a high demand for these items through the business-to-business (B2B) channel as businesses purchase them to comply with the laws. Manufacturers and distributors of protective eyewear frequently provide consumers with value-added services and tailored solutions, such as supplying prescription eyewear programs, conducting safety assessments, offering maintenance and repair services, and offering training. In addition to its capacity to supply these customized business-to-business services, the B2B channel has become a desirable avenue for protective eyewear suppliers to broaden their customer base and establish enduring connections with corporate customers.
Regional Segment Analysis of the Protective Eyewear Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
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 primary cause of this growth is the increased focus on worker safety awareness. The Canadian Centre for Workplace Health and Safety (CCOHS) and the Occupational Safety and Health Administration (OSHA) in the United States have established strict workplace safety standards and regulations, which are the driving force behind this heightened awareness. To prevent injuries at work, these standards require the use of the proper personal protective equipment (PPE), such as protection glasses. Additionally, because of the robust economy, the market for protective eyewear in North America is expected to grow. Rising disposable income and strong purchasing power are key elements influencing this development. Furthermore, the region's dominant position is further impacted by the significant presence of important industries where protective eyewear is essential, such as manufacturing, construction, healthcare, and research. The market's expansion is facilitated by the aggressive adoption of cutting-edge safety measures and strong awareness efforts.
Asia Pacific is expected to grow at the fastest CAGR growth of the protective eyewear market during the forecast period. Rapid industrialization in nations such as China, India, and Southeast Asia is a major factor driving this industry. This industrial expansion includes industries like mining, construction, and manufacturing, where strict safety regulations such as wearing protective eyewear are necessary to reduce UV exposure, chemicals, and debris at work. Additionally, the market's scope is expanded by the significant expansion in outdoor sports and healthcare activities. The use of protective eyewear is being made possible by the region's growing middle class and their awareness of occupational safety. Improved comfort features, lightweight materials, and new technology all significantly contribute to the region's increasing market share. According to the International Labor Organization, in Asia Pacific, manufacturing, wholesale and retail trade, and agriculture, forestry, and fisheries are the main employment sectors. These sectors collectively, these industries employed more than 1.1 billion people in 2021, making up 60% of the over 1.9 billion people in the region.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the protective eyewear market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Kimberly-Clark Corp.
- MCR Safety
- SafeVision, LLC
- Ergodyne (Tenacious Holdings, Inc.)
- Honeywell International, Inc.
- UVEX Winter Holding GmbH and 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
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In October 2024, innovative Eyewear introduced the Lucyd Armour AI-powered safety glasses. In addition to offering ANSI Z87.1-certified eye protection, these glasses integrate AI with ChatGPT, Google Voice, and Siri.
- In March 2024, Scope Optics Pty Ltd., an Australian safety eyewear manufacturer, was purchased by Protective Industrial Products (PIP), an innovator in personal protective equipment. With the addition of Scope Optics' safety eyewear to its current line of eye protection brands, PIP is better serving its clientele by offering a greater range of high-end styles, cutting-edge lens technologies, and outstanding value. The purchase of Scope Optics is simply one more illustration of PIP's successful acquisition approach to bolster its line of comprehensive PPE products.
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 and 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 and Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East and Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the protective eyewear market over the forecast period?The protective eyewear market is projected to expand at a CAGR of 4.74% during the forecast period.
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2. What is the market size of the protective eyewear market?The Global Protective Eyewear Market Size is Expected to Grow from USD 3.02 Billion in 2023 to USD 4.80 Billion by 2033, at a CAGR of 4.74% during the forecast period 2023-2033
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3. Which region holds the largest share of the protective eyewear market?North America is anticipated to hold the largest share of the protective eyewear market over the predicted timeframe.
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