Published on : Feb 23, 2018
Albany, New York, February 23, 2018: There are several types of industries in which workers are exposed to various types of hazards. Therefore, the government has set mandates for the use of proper protective equipment, such as safety glasses and face shields, which keeps hazards away from eyes. Recently, a study titled “Eye and Face Protection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026” has been publicized to the massive repository of Market Research Hub (MRH), which provides comprehensive analysis of the market. This extensive research gives a whole new wide view of the markets based on its growth and development in different regions of the world like North America, Japan, the Middle East and Africa, Europe, Latin America and the Asia Pacific excluding Japan. The market has been forecast based on revenue (US$ Mn) and volume (Million Units) from 2017 to 2025.
Market Overview and Forecast
Presently, employers are spending millions of dollars on equipping their workers with proper protective gear for face and eye. Goggles and face shields are being widely used as eye and face protection equipment. Companies and employers are being trained to promote the use of such equipment among their workforce. The global eye and face protection market is also witnessing a growing implementation of awareness programs, which leads to positive market growth. Considering these facts, analysts have found that the global eye and face protection market will expand at a CAGR of 4.6%. The report further estimates that more than US$ 4.5 Bn worth of eye and face protection equipment will be sold across the globe by the end of 2026.
The research also mentioned that global market for eye and face protection is highly competitive with the presence of major players. The manufacturers of eye and face protection equipment are working towards developing effective devices and catering to the custom requirements of employers. According to the report, companies namely, 3M Co., E I Du Pont De Nemours and Co., Honeywell International Inc., Avon Rubber Plc., Msa Safety Inc., Bullard, Uvex Safety Group, Ansell Limited, Grainger, Inc., and Kimberly-Clark are expected to spearhead the global production of eye and face protection equipment through 2026.
Moving further, with the purpose of providing a clear scenario of the market, the eye and face protection market has been segmented into three categories: by product type, application and region. on the basis of product type, the report finds that eye spectacles and goggles will remain top-selling products in the global eye and face protection market. On the other hand, Manufacturing sector and the construction industry are the two major applications where these equipment are highly utilized.
In order to analyze the global market forecast factors, the research study covers research methods such as Technology Roadmap, Porter's Five Forces and PEST Analysis.
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