DUBLIN--(BUSINESS WIRE)--The "Global Protective Goggles Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
Protective goggles are anticipated to make inroads in the global goggles industry at a value CAGR of more than 4% over 2020-2028, which is estimated to be almost 2.79 billion by 2028.
The growing popularity across a wide array of applications, such as industrial manufacturing, at construction sites, oil and gas sites, and at healthcare units, seems to augment the demand for protective goggles in the global market. The introduction of supportive government regulations regarding the safety of workers is also considered to be the main driving factor for its market growth. Nowadays, the safety of workers has become essential in all sectors such as construction, chemicals, manufacturing, and medicine.
Robust Demand for Personal Protection Equipment due to COVID 19 outbreak
The protective eye goggles market was going at a smooth pace until the coronavirus struck. Strict legislation made by the government and international healthcare units makes the use of protective goggles compulsory in many industries. After the outbreak of corona in 2020, the demand for PPEs' personal protection equipment has risen dramatically, and hence the demand for proactive goggles has also increased with the increasing number of corona cases worldwide. The market was put to the test as the top manufacturers had to scramble to keep pace with the increased demand.
The reports findings show a high surge in demand for protective goggles, hand sanitizers, and disposable masks in the last few months that ranges from 100% to 400%. The sale of protective goggles has more than doubled during the COVID era and is expected to rise further in the forecast period as people become more concerned about personal protection as a result of infectious diseases such as corona.
NLP to Make Crucial Contribution to Growth of Global Cognitive Computing Market
The glass The glass laser safety eyewear segment has been estimated to hold a share of more than 30% in the laser safety eyeglasses market in 2019 and is expected to increase during the forecast period. New laser applications have shown excellent safety and personal protection challenges in medicine, defense, research, and industry. Laser safety glass provides protection from high-density lasers during laser treatment procedures. Innovations in oncology, dentistry, dermatology, and aesthetic medicine and cosmetic surgery have shown various applications of laser safety glass. Industrial construction shows a remarkable market share of the Laser Safety Glass industry due to metal processing such as welding, 3D printing, manufacturing, etc.
In the near future, the glass laser eyewear segment is expected to grow at a rate of 1.4X compared to that of the polycarbonate safety segment because they are easily available and less expensive. Glass-laser eyewear shows better protection capability as compared to polycarbonate-type eyewear.
Key Reasons to Purchase this Report
1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis of changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.
Key Topics Covered:
Chapter 1 Overview And Scope
Chapter 2 Research Practice
Chapter 3 Executive Summary
Chapter 4 Covid-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Protective Goggles Market Forces
5.1 What's Driving the Market
5.2 Porter's Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition
Chapter 6 Global Protective Goggles Market - Industry Snapshots
6.1 Overview
6.1.1 Global Protective Goggles Market Value, 2019 - 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Protective Goggles Market Analysis, by Type
Chapter 8 Global Protective Goggles Market Analysis, by Application
Chapter 9 Protective Goggles Market Analysis by Region
Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
10.1.3 Recent Developments
Chapter 11 Company Profiles- Snapshot
11.1 Honeywell Safety Products
11.1.1 Business Fundamentals
11.1.2 Financial Snapshots
11.1.3 Product Portfolio
11.1.4 Recent Developments
11.2 The 3M Company
11.3 Mancine Optical Company
11.4 Phillips Safety Products, Inc.
11.5 Gateway Safety, Inc.
11.6 Uvex
11.7 Radians
11.8 MCR Safety
11.9 Medop
11.10 Stanley Black and Decker Inc.
Chapter 12 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/ilbocy
