Global Sales of Prescription Safety Glasses Market is Expected to Accelerate at a Whopping 4.6%: CAGR, Reaching US$ 1.0 Billion by 2031: TMR Report

Wilmington, Delaware, United States, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global prescription safety glasses market is projected to flourish at a CAGR of 4.6 % from 2023 to 2031. As per the report published by TMR, a valuation of US$ 1.0 billion is anticipated for the market in 2031. As of 2023, the market for prescription safety glasses is expected to close at US$ 722.4 million.

The growing need for prescription safety glasses in industries such as construction, manufacturing, healthcare, and laboratories drives the market for prescription safety glasses. Increasing awareness of the importance of eye safety in the workplace and the potential consequences of eye injuries contributes to the demand for protective safety eyewear.

Increasing prevalence of vision disorders, the demand for prescription eyewear, including safety glasses, also increases. Another factor influencing prescription safety glasses is the availability of various types of prescription safety glasses for workplaces. The market player in the market is using 3D printing technology to increase product acceptance among consumers.

Increase in implementation of stringent workplace safety standards to ensure the safety of the workers at the workplace augmenting market statistic. The growing importance of prescription safety spectacles in end-use industries is contributing to the growth of the global market.

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Key Takeaways from the Market Study

Prescription Safety Glasses : Key Trends and Opportunistic Frontiers

Prescription Safety Glasses Market – Regional Analysis

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Competitive Landscape

The prescription safety glasses market is highly consolidated with the presence of a few market players. The leading players in the market are investing in new product development, mergers, and acquisitions to gain a competitive edge. Transparency Market Research has profiled the following players in its global prescription safety glasses market report:

Key Developments in the Prescription Safety Glasses Market

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Prescription Safety Glasses Market – Key Segments

Material

Shape

Size

End-use Industry

Price

Distribution Channel

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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