Safety Eyewear Market Size, Share & Trends Analysis Report By Product (Prescription, Non-Prescription), By Application (Oil & Gas, Construction), By Distribution Channel (B2B, D2C), By Region, And Segment Forecasts, 2024 - 2030
Safety Eyewear Market Growth & Trends
The global safety eyewear market size is expected to reach USD 5.31 billion by 2030, growing at a CAGR of 4.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is poised for influential growth due to increasing awareness of workplace safety, stringent government regulations, and rising incidences of eye injuries in the industrial and construction sectors. In addition, technological advancements in protective eyewear materials, such as anti-fog and anti-scratch coatings, and the growing adoption of safety standards in emerging economies are propelling product demand.
Companies focus on offering value-added services and solutions: Businesses can capitalize on opportunities by offering value-added services and solutions beyond just selling safety eyewear. This can include conducting safety assessments, providing training programs, and offering maintenance and repair services. Implementing subscription-based models for recurring purchases can also enhance revenue streams and cultivate enduring customer relationships.
For example, uvex, known for high-quality, functional, and well-designed safety glasses, offers an online tool to help customers select the right safety eyewear model for their requirements. uvex also provides customization options, allowing customers to add their company logo to the safety glasses. This value-added service helps businesses reinforce their brand.
Strict safety regulations and increasing awareness are driving demand: Regulatory compliance and standards in the safety eyewear industry have become stricter over time. Increased awareness among employers, employees, and regulatory bodies about the importance of protecting personnel from occupational hazards, including eye injuries, is driving the demand for suitable and high-quality safety eyewear.
The global market is characterized by the presence of a number of well-established players such as Kimberly-Clark Corp., MCR Safety, Honeywell International, Inc., UVEX Winter Holding GmbH & Co., KG, Medop SA, and The 3M Company. These companies drive market growth through continuous product innovation, such as advanced lens technologies and enhanced comfort features
Safety Eyewear Market Report Highlights
In 2023, non-prescription safety eyewear made up 67.1% of global revenue, offering a versatile option for individuals in various industries and activities, regardless of their vision needs.
The construction sector is expected to experience a 4.5% compound annual growth rate (CAGR) in safety eyewear usage from 2024 to 2030, due to the high risk of eye injuries faced by workers.
Direct-to-consumer (DTC) safety eyewear sales are projected to grow at a 3.1% CAGR from 2024 to 2030, offering consumers convenient access to purchase eyewear directly from manufacturers or online retailers.
Online sales of safety eyewear are anticipated to grow by 12.3% from 2024 to 2030, driven by the convenience of 24/7 shopping, diverse product offerings, and advanced digital marketing strategies.
The Asia Pacific market is expected to grow at a 4.6% CAGR from 2024 to 2030, primarily due to rapid industrialization in countries such as China, India, and across Southeast Asia.
Please note The report will be delivered in 4-8 business days upon order notification.