Asia-Pacific Safety Goggles Market Overview:
Safety goggles are fitted eye protection that completely encloses the eyes, eye sockets, and the facial area immediately surrounding the eyes, and can provide protection from impact, dust, mists, vapors, and splashes. Goggles with direct ventilation typically are used for impact hazards and dust, not for protection against chemical splashes or vapors. Goggles with indirect ventilation can be used for protection from dust and splash hazards. Goggles with no ventilation can provide protection from impact, dust, splashes, mists, and vapors.
Growth Drivers
- Rise in Urbanization and Change in Lifestyle Boost the Safety Goggles Market.
- Rapid Demand of Anti-Fog Safety Goggles Fuelled up the Market.
Market Trends
- Value Oriented Consumers
- Collaboration and Tie Up Of Leading Players
Roadblocks
- High Cost Associated with safety goggle hampers the Market.
- Lack of Awareness among the Customers.
Opportunities
- Proliferation of Advanced Technology Based Safety Glasses Leads to Grow the Market.
- Upsurge Demand of Safety Goggles in European Countries.
Challenges
- Stiff Competition between the Major Players.
- Fluctuation Of Raw Materials Is Anticipated To Challenge The Market.
Competitive Landscape:
The global market for safety goggles is highly consolidated owing to the presence of a few global players and local manufacturers in different parts of the world. Various local manufacturers are present mostly in the Asia Pacific and North America. The rising demand for customization is pushing the leading companies to engage in the design and manufacturing of products with innovative features like design, style, and fit. Continuous efforts of the manufacturers to differentiate themselves in the market have resulted in the expansion of their product portfolio, thereby fueling the market growth.
Some of the key players profiled in the report are Honeywell (United States), 3M (United States), Bollé Safety (France), Kimberly-Clark (United States), Protective Industrial Products (United States) and Hellberg Safety (Sweden). Considering Market by Protection, the sub-segment i.e. Welding Protection will boost the Safety Goggles market.
Latest Market Insights:
In 2019, Bollé Brands acquired the SPY Optic brand. With this new acquisition, SPY Optic joins their existing brand portfolio of Bollé, Bollé Safety, Serengeti, Cébé, and H2Optix and signals a strong commitment to playing a leading role in the premium performance sports and sports lifestyle eyewear and helmets markets.
In November 2018, Palmero Healthcare launched an additional style of safety eyewear in its product lines such as ProVision Econo Tilts, ProVision Rainbow, and ProVision Econowrap Mini Bonding which is beneficial in providing high-quality care including using protective eyewear. and In February 2021, Hellberg has launched the new Safety Eyewear. With a wide range of street-smart styles, from basic to premium, the new range ensures a consistently clear line of sight and safe vision for professional tradesmen and women wherever they’re working on site.
Safety goggles are subject of the personal protective equipment (PPE) in Europe, to the PPE Regulation (EU) 2016/425. The main standard for safety goggles is EN 166 (personal eye protection specifications). Depending on the type of applications other EN standards may also be relevant (EN 167 - EN 175, EN 379, and several EN ISO standards for eye optics. and OSHA breaks down applicable standards into several categories that ensure workers are protected in the workplace. General requirements: 29 CFR 1910.132, requires employers to provide, at no cost to employees, appropriate PPE, including safety glasses, for protecting the body from hazards.
What Can be Explored with the Safety Goggles Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Asia-Pacific Safety Goggles Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Safety Goggles
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Asia-Pacific Safety Goggles market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Safety Goggles market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Safety Goggles Manufacturers, Safety Goggles Traders, End-Use Market Participants of Different Segments of Safety Goggles, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.