Dublin, Aug. 09, 2024 (GLOBE NEWSWIRE) -- The "Protective Eyewear - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Protective Eyewear is estimated at US$2.7 Billion in 2023 and is projected to reach US$3.8 Billion by 2030, growing at a CAGR of 4.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the protective eyewear market is driven by several factors, including stringent regulatory standards, technological advancements, and heightened awareness of workplace safety. Regulations by government bodies across the globe mandate the use of protective eyewear in a range of industries, enforcing compliance and driving demand. Technological innovations that enhance the comfort, style, and functionality of eyewear make it more appealing and increase adoption rates among users.
Furthermore, as global attention to personal protective equipment (PPE) grows, particularly in light of recent global health emergencies, businesses and individuals are increasingly investing in protective gear, thereby propelling the market forward. Additionally, the rise in recreational activities and sports that require eye protection is broadening the consumer base, contributing to the ongoing expansion of the protective eyewear market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Non-Prescription Protective Eyewear segment, which is expected to reach US$2.2 Billion by 2030 with a CAGR of a 4.2%. The Prescription Protective Eyewear segment is also set to grow at 5.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $899.6 Million in 2023, and China, forecasted to grow at an impressive 6.2% CAGR to reach $598.8 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3M Company, Cardinal Health, Inc., Ansell Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 728 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $2.7 Billion |
Forecasted Market Value (USD) by 2030 | $3.8 Billion |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |
MARKET OVERVIEW
- 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
- 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
- US Maintain Commanding Position in Global Protective Eyewear Market
- Protective Eyewear - Global Key Competitors Percentage Market Share in 2024 (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 2024 (E)
MARKET TRENDS & DRIVERS
- High-Growth Opportunities in the Military Sector
- 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
- Stringent Regulations Promote Adoption of PPE and Protective Eyewear
- Improving Worker Safety is Paramount in Construction Industry, One of the Largest Consumers of Protective Eyewear
- Focus on Infection Control Spurs Demand for Protective Eyewear in the Healthcare Sector
- Increasing Healthcare Expenditure to Foster Market Growth
- 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/6khn8g
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