Protective Eyewear Manufacturing
Operators in the Protective Eyewear Manufacturing industry manufacture safety glasses, protective goggles and face shields to safeguard eyes from debris, chemicals, radiation and blood-borne pathogens. Workplace eye safety regulations exist to protect employees from injury and infection, reduce unnecessary employer costs and maintain productivity; these regulations largely drive demand for industry products. 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. As a result, over the five years to 2018, industry revenue is expected to decline. Conversely, industry revenue is projected to rise over the five years to 2023 due to import penetration and increasing domestic demand.
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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