Prescription Safety Glasses Market Trends

  • Report ID: 2728
  • Published Date: Oct 17, 2024
  • Report Format: PDF, PPT

Prescription Safety Glasses Market Trends

Growth Drivers

Rising cases of workplace hazards

Increasing workplace injuries owing to lack of safety provisions have heightened the requirement for eye protection in end-use industries. According to the American Academy of Ophthalmology’s 2017 press release, every day around 2,000 U.S. workers bear a job-related eye injury that involves medical treatment but 90 percent of these mishaps can be evaded by wearing eye protection. Workplace eye damages cost more than $300 million a year in lost productivity, treatment process, and compensation which significantly contributes towards the overall market growth.

Additionally, the availability of several types of eye equipment such as goggles, visors, and spectacles as per the job safety obligation is positively impacting the market growth. Producers in the form of customization, are providing safety eyewear intended to embed normal specs into the goggles for consumers who need corrected vision lenses. Apart from this customization, manufacturers are making features such as cushioned brows, comfortable gel nosepieces, or padded nose bridges to deliver the workers sufficient comfort so that they can wear the goggles all through the day. This, in turn, is expected to boost the overall market growth.

Challenges

Lack of obligatory regulations and low significance given for employee safety in some regions are the major restraints for the global prescription safety glasses market during the forecast period.

Prescription Safety Glasses Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

4.2%

Base Year Market Size (2023)

USD 1.38 billion

Forecast Year Market Size (2036)

USD 2.36 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 2728
  • Published Date: Oct 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of prescription safety glasses is estimated at USD 1.43 billion.

Prescription Safety Glasses Market size was over USD 1.38 billion in 2023 and is anticipated to cross USD 2.36 billion by 2036, witnessing more than 4.2% CAGR during the forecast period i.e., between 2024-2036.

North America industry is estimated to dominate majority revenue share by 2036, due to strict obligation of safety regulations at the workplace.

The major players in the market are Dewalt, MSA, 3M, MCR Safety, Honeywell, Jackson Safety, Bollé Safety, Pyramex, Smith & Wesson, uvex group, and others.
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