Market Segmentation
Several developed countries such as the U.S., U.K., Germany, Canada, and France have implemented workplace safety regulations authorities such as Occupational Safety and Health Administration (OSHA). Therefore, these organizations aim to protect the workforce from loss of life and injuries in hazardous work. Safety standards also extend to devices and equipment used by workforce on a regular basis such as safety eyewear, clothes, gloves, helmets, and boots. Safety regulations have greatly reduced the risk of loss of life in many occupations worldwide by taking legal punitive action against defaulters. The directive established minimum requirements and fundamental principles such as risk assessment, responsibilities of employers & employees, safety measures, protective apparel, and prevention of industrial accidents. These directives are legally binding, and EU members are obliged to transpose them into national laws. These favorable regulations are expected to drive the personal protective equipment including safety eyewear market over the forecast period.
Eye safety should not be restricted to industrial labors. People who work long hours on computers or laptops can experience discomfort such as eye strain and fatigue, as well as headaches. Growing dependency on social media along with huge adoption of digitalization is predicted to fuel market growthPhysical health problems caused due to smartphone use include sleep disturbances, dry eyes, wrist, & back, pain in the neck, digital dementia, chronic tiredness, and others leading to increase in the need for safety eyewear. These factors are estimated to fuel market growth over the forecast period. High incidences of eye conditions such as myopia and hypermetropia have led to an increase in the need for refractive prescription lenses which are now available in safety eyewear. Since prescription safety eyewear is more expensive than standard safety eyewear, the safety eyewear market value is expected to grow further.
The higher cost of prescription safety eyewear is anticipated to harm market progress. Increasing number of individuals suffering frommyopic and hypermetropia vision. Furthermore, high price of safety eyewear is anticipated to hamper the market growth.
This section will provide insights into the contents included in this safety eyewear market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2017 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance