Working in any type of industrial environment can pose potential risks to employees’ vision. Machinery, chemicals, sparks or metal fragments can damage eyes irreparably. Safety glasses help keep eyes safe out in the field, on construction sites, in labs and in any other place where eyes may come in contact with foreign materials. Safety eyewear must conform to a higher standard of impact resistance than regular eyeglasses, which optical professionals sometimes call "dress eyewear."
In 2017, the global safety glasses market is led by North America. Europe is the second-largest region-wise market. The global safety glasses market is valued at USD 829 million in 2017 and is expected to reach USD 1057 million by the end of 2023, growing at a CAGR of 4.14% between 2017 and 2023.
Currently, 3M, Honeywell and Scott Safety(Tyco) are the leaders of safety glasses industry. In most of the segment countries, 3M and Honeywell both occupy the majority of market share.3M is a global leader. The sale of 3M was 32.76 million pairs, and the company holds a sales share of 18.23%.
Safety glasses are mainly used for manufacturing industry, construction industry, oil & gas industry, chemicals industry and mining Industry. Construction industry is the most important application. In 2017, construction industry application holds 29.15% of the consumption market share.
Personal protective equipment includes head, eye and face protection, hearing protection, protective clothing, respiratory protection, professional footwear, fall protection, hand protection and others. Safety glasses only hold a small market share of total 40 billion PPE industries. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. Growing construction industry in emerging economies such as India and SEA coupled with rising workforce capacities is expected to augment product demand in future on account avoiding overhead costs such as compensation. In addition, in these underdeveloped areas, safety glasses are not yet an essential safety protection product. The product penetration rate in these areas is low. There is a large market potential in these areas.
According to this study, over the next five years the Safety Glasses market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 990 million by 2024, from US$ 830 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Safety Glasses business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Safety Glasses market by product type, application, key manufacturers and key regions and countries.
This study considers the Safety Glasses value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Polycarbonate Lens
Plastic (CR39) Lens
Trivex Lens
Glass Lens
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Manufacturing Industry
Construction Industry
Oil & Gas Industry
Chemicals Industry
Mining Industry
Pharmaceuticals Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
3M
Honeywell
Scott Safety(Tyco)
DEWALT
Radians
MCR Safety
Gateway Safety
Kimberly-Clark
MSA
Carhartt
Pyramex
Bollé Safety
Lincoln Electric
Yamamoto Kogaku
RIKEN OPTECH
Uvex Safety Group
Miller
Caledonian Optical
ArcOne
Wiley X
Riley
Doris Industrial
X&Y
New DaChun Eyewear
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Safety Glasses consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Safety Glasses market by identifying its various subsegments.
Focuses on the key global Safety Glasses manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Safety Glasses with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Safety Glasses submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Safety Glasses . Industry analysis & Market Report on Safety Glasses is a syndicated market report, published as Global Safety Glasses Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Safety Glasses market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.