As per newly released data by Future Market Insights (FMI), the MEA safety eyewear market is expected to be worth US$ 154.84 million in 2023. It is further expected to cross US$ 453.07 million by 2033, growing at 11.3% CAGR from 2023 to 2033.
The market for safety eyewear is projected to grow at a high rate over the forecast period. This is because of a number of reasons such as safety concerns and the strict regulations on security issues.
The market has continued to grow rapidly as more and more attention is paid with respect to eye health. Along with growing knowledge about the potential hazards and danger to vision in many industries or activities, we have a need for protective eyewear that can protect our eyes from an injury of both preventive diseases.
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The growth of the safety eyewear market can be attributed to factors such as advancements in lens technology, particularly in the areas of anti-fog and scratch-resistant lenses. These innovations have addressed longstanding concerns and improved the overall performance and durability of safety eyewear.
Similarly, scratch-resistant lenses are designed to withstand abrasions and maintain optical clarity even in harsh conditions, enhancing the longevity of safe eyewear. These technological advancements have been well-received by industries such as construction, manufacturing, healthcare, and others, where safety is very important.
As a result, there is a growing trend of incorporating anti-fog and scratch-resistant lenses in safety eyewear, as organizations prioritize worker safety and comfort.
The market is highly competitive, with several companies offering a wide range of products. Some of the key players in the Safety Eyewear market include 3M, Bolle Safety, PIP Global, and others.
Key Takeaways from the Safety Eyewear Market Study
- As of 2022, the safety glasses segment commanded a market share of 6%.
- In terms of frame material, plastic is expected to command shares worth 5% in the market by 2033.
- In terms of lens type, the polycarbonate lenses segment is expected to surge with a CAGR value of 8% by 2033.
- The manufacturing sector in terms of end-users has a high market value share which is 4% in the MEA safety eyewear market in 2022.
“Growing focus on safety and stringent safety regulations governing the use of safety eyewear in diverse sectors across the MEA is boosting sales in the region. Rising industrial activities in the region from construction and oil & gas sectors are further fuelling the market.” – says a lead FMI analyst.
Who is winning?
Key players present in the MEA safety eyewear market are 3M, Bolle Safety, PIP Global, SureWerx, Stanley Black & Decker, Gentex Corporation, Encon Safety Products Inc., Klein Tools, Delta Plus Group, Moldex/Metric AG & Co. KG, Lakeland Industries Inc., JSP Limited, Bunzl plc, Radians Inc., Honeywell Safety Products, UNIVET Group, Ansell Ltd., and Infield Safety among others.
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Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the MEA safety eyewear market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study divulges compelling insights on the safety eyewear market by product type (safety glasses, safety goggles, welding helmets, face shields, laser safety glasses, prescription safety eyewear), by frame material (plastic, metal, nylon, rubber, others), by lens type (polycarbonate lenses, trivex lenses, clear lenses, polarized lenses, photochromic lenses, mirrored lenses, others lens types), by end-user (construction, manufacturing, oil and gas, chemical, healthcare, mining, military and defense, and residential/households), by distribution channel (online retail, offline retail, institutional sales) and countries.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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