Protective Eyewear Manufacturing
Workplace safety regulations largely drive demand for the Protective Eyewear Manufacturing industry's products. Workplace eye safety standards were first introduced in 1968 by the American National Standards Association and enforced after the formation of the Occupational Safety and Health Administration (OSHA) in 1970. Since then, OSHA has developed more stringent regulations, the most recent of which were implemented in 2010. While these regulations have supported industry revenue, declines in the overall manufacturing sector have caused revenue to decline over the previous five years. In addition, the rising value of the US dollar has contributed to greater competition from imports, further pushing revenue down. About 60 companies manufacture industry products domestically. Additionally, high manufacturing costs and rising prices for plastic materials have created an industry in which more than half of domestic demand is supplied through imports. Over the next five years, imports are expected to continue growing as domestic manufacturers focus on higher value-added products with increased functionality and design elements.
This industry includes companies that manufacture protective eyewear. This category primarily includes safety glasses and goggles that are used in laboratories, construction and mining to protect employees from chemical splashes, debris, optical radiation and high heat hazards.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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