Prescription safety glasses are worn when eye safety is a concern as workers employed in industrial environments or in surroundings that are hazardous to the eyes might suffer serious eye hazards that can even lead to permanent loss of vision. Safety glasses include a safety frame and safety lenses. The safety frame is sturdier than a regular frame and as well as a side shield. Prescription safety glasses have a wide assortment of options in terms of cost, style, design, colors, size, and other features. Superior safety against impact, heat, chemicals, and harmful radiation while working on-site are the significant properties driving the prescription safety glasses market.
The prescription safety glasses market is expected to attain a notable CAGR during the forecast period, i.e., 2020-2028. The market is segmented by material, by product, application, distribution channel, and region. Among product material, the CR-39 accounted for the major share in the overall prescription safety glasses market owing to its greater impact resistance along with low-cost, easy convenience properties that will boost the industry growth. The increasing demand for robust and sustainable material for manufacturing advanced products will support the industry’s growth.
The polycarbonate segment market is expected to observe significant growth opportunities on account of growing product usage in rigorous applications including construction, automotive, consumer goods, and pharmaceutical sectors. Also, a better process-ability of polycarbonate material by numerous means counting foam molding, injection molding, vacuum forming, and extrusion has facilitated novel opportunities for the market players.
The trivex material segment is flourishing as a result of its key properties such as high mechanical strength, optical purity, superior reflective vision, accompanied by resistance against impact, chemical, and heat. The glass segment has observed reduced consumption in recent years owing to its restricted protection during injuries together with the advancement of superior materials.
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.CLICK TO DOWNLOAD SAMPLE REPORT
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.
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.
Our-in depth analysis of the global prescription safety glasses market includes the following segments:
Geographically, the prescription safety glasses market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
North America is expected to dominate the global prescription safety glasses market during the forecast period. Product demand in North America is projected to rise due to the strict obligation of safety regulations at the workplace. Besides, various employers are carrying out research studies to control the health risk posed to their employees at work, increasing employee satisfaction, and encouraging safety at work.
The Occupational Safety and Health Act of 1970 formed OSHA, to set and impose protective workplace safety and health standards. An increase in the adoption of OSHA & NIOSH controlled products to minimize the incidences of harmful hazards are the other vital factors supporting the growth.
The strong manufacturing base of automotive means of transportation in Germany and the U.K. is projected to support the industry of safety equipment in the foreseeable future. The rising demand for the safety eye equipment in automotive and chemical manufacturing companies of Europe owing to the growth of these industries is likely to boost the growth in European regions.
Asia Pacific is anticipated to be the fastest-growing regional market. Growing industrial development in emerging nations of the Asia Pacific and the Middle East is projected to boost the demand for protective eye equipment, thereby increasing the demand for prescription safety glasses. Also, the oil & gas, mining, and construction sectors are the major one that are driving the markets of the Asia Pacific and the Middle East. The product demand in these sectors is increasing gradually as they pose a high threat of eye injuries. Awareness related to workplace hazards in these sectors may propel the growth of the market in these countries.
The prescription safety glasses market is further classified based on region as follows:
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