Europe Safety Eyewear Market is Likely to hit US$ 1,457.5 Million, Rising at 4.5% CAGR from Forecast Period 2023 to 2033 | Future Market Insights, Inc.

NEWARK, DE / ACCESSWIRE / June 22, 2023 / As per newly released data by Future Market Insights (FMI), the Europe safety eyewear market is expected to be worth US$ 941.8 million in 2023 and US$ 1,457.5 million by 2033. It is projected to grow at 4.5% CAGR over the forecast period 2023 to 2033.

The Europe safety eyewear industry witnessed steady growth with a CAGR of 3.2% over the historical period 2018 to 2022. The market is likely to maintain a positive trajectory during the forecast period.

Europe's safety eyewear industry has experienced steady growth in recent years. Factors such as the implementation of stringent safety regulations, the expansion of industries requiring safety eyewear, and a greater focus on workplace safety contribute to the market's growth.

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The market size is expected to continue expanding in the coming years. The market offers a wide range of safety eyewear products to cater to several industries, applications, and specific hazards. These include safety glasses, goggles, welding helmets, face shields, laser safety glasses, and prescription safety eyewear. Each type of safety eyewear is designed to protect against specific workplace hazards.

The demand for safety eyewear comes from a diverse range of industries, including manufacturing, construction, healthcare, oil and gas, pharmaceuticals, transportation, and more. These industries have distinct requirements for eye protection based on the hazards prevalent in their working environments.

The Europe safety eyewear industry is witnessing continuous technological advancements. Manufacturers are incorporating features such as anti-fog coatings, impact resistance, UV protection, and advanced lens technologies to enhance the performance and comfort of safety eyewear.

Furthermore, there is a growing trend towards eco-friendly and sustainable materials in the production of safety eyewear. Key trends in the Europe safety eyewear market include the adoption of smart eyewear technology, customization options for individual users, integration of digital solutions, and the incorporation of fashion-forward designs to enhance the appeal of safety eyewear.

Key Takeaways from this Market Study:

• Plastic material held a significant share of 63.2% in the Europe safety eyewear industry in 2022 and is expected to hold 55.5% in 2033.
• The value share of safety glasses in the safety eyewear market was 45.3% in 2022.
• Institutional sales (B2B) holds a higher percentage of market share which is 49.0% in the Europe safety eyewear industry.
• The Europe Safety eyewear industry was valued at US$ 905.0 million at the end of 2022 and is anticipated to exhibit Y-o-Y growth of 4.1% in 2023.
• The safety eyewear market is projected to surge at a CAGR of 4.2% by 2033 in France.
• The German safety eyewear market is anticipated to surge at a CAGR of 2.5% during the projection period.
• The United Kingdom's safety eyewear market is estimated to rise with a CAGR of 3.0% during the forecast period.

"The Europe safety eyewear market is a thriving and competitive industry driven by strict occupational safety regulations, a growing emphasis on worker well-being, and increasing awareness of the importance of eye protection. Offering a diverse range of products would help increase customers for brands by streamlining the availability of products from outlets." - says a lead analyst at FMI.

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Who is winning?

Key players present in the Europe safety eyewear industry are 3M, Bollé Safety, PIP Global, Kimberly-Clark Corporation, 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 International Inc., UNIVET Group, Ansell Ltd., and Infield Safety among others.

For instance,

• In 2022, Bollé Safety launched a new high-clarity lens called Comfort Sense Perception to protect workers in all conditions.

Get More Valuable Insights:

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the Europe safety eyewear industry, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study divulges compelling insights on the Europe safety eyewear industry 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 & gas, chemical, healthcare, mining, military & defence, residential/ households), by sales channel (online retail, offline retail, institutional sales {B2B}) and country.

Market Segmentation:

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
• Residential/Households

By Distribution Channel:

• Online Retail
• Offline Retail
• Institutional Sales (B2B)

By Country:

• Germany
• The United Kingdom
• Spain
• France
• Italy
• Nordics
• Benelux
• GCC Countries
• Russia
• Poland
• Rest of Europe

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About the Consumer Product at Future Market Insights (FMI):

The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

Table of Content (ToC):

1. Executive Summary

1.1. Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Market Round Offs

1.5. FMI Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.1.1. Growing visual deficiency and eye defects

3.1.2. Collaborations between different institutions to mitigate vision disorder in rural areas

3.1.3. Other Trends

3.2. Product Innovation / Development Trends

3.3. Brand Share Analysis

3.4. Consumer Sentiment Analysis

4. Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Volume (Million Units) Analysis, 2018 to 2022

4.2. Current and Future Market Volume (Million Units) Projections, 2023 to 2033

4.3. Y-o-Y Growth Trend Analysis

5. Market - Pricing Analysis

View Complete TOC here: https://www.futuremarketinsights.com/toc/rep-gb-17445

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About Future Market Insights (FMI):

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