India Safety Eyewear Market Size & Outlook, 2024-2030
India safety eyewear market, 2018-2030 (US$M)
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India safety eyewear market highlights
- The India safety eyewear market generated a revenue of USD 332.3 million in 2023 and is expected to reach USD 458.6 million by 2030.
- The India market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, industrial manufacturing was the largest revenue generating application in 2023.
- Construction is the most lucrative application segment registering the fastest growth during the forecast period.
Safety eyewear market data book summary
| Market revenue in 2023 | USD 332.3 million |
| Market revenue in 2030 | USD 458.6 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Industrial manufacturing |
| Fastest growing segment | Construction |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oil & Gas, Construction, Mining, Industrial manufacturing, Military |
| Key market players worldwide | Kimberly-Clark Corp, Bunzl PLC, Honeywell International Inc, 3M Co, Gateway Safety, Uvex Group, MEDOP, Bollé Safety, Radians, Pyramex Safety Products |
Other key industry trends
- In terms of revenue, India accounted for 8.0% of the global safety eyewear market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China safety eyewear market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 349.4 million by 2030.
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Safety Eyewear Market Scope
Safety Eyewear Market Companies
| Name | Profile | # Employees | HQ | Website |
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India safety eyewear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to safety eyewear market will help companies and investors design strategic landscapes.
Industrial manufacturing was the largest segment with a revenue share of 28.44% in 2024. Horizon Databook has segmented the India safety eyewear market based on oil & gas, construction, mining, industrial manufacturing, military covering the revenue growth of each sub-segment from 2018 to 2030.
In India, nearly 3 million workplace eye injuries occur each year with 61% of these occurring at manufacturing or construction sites. Thus, there is a significant need for safety eyewear in the country, which is creating huge opportunities for market players.
According to paper published by Journal of Ophthalmology, 20% of eye trauma is induced due to fireworks & firecrackers in developing countries. For instance, India is a culturally diverse nation, and thus has a relatively larger number of festivals, which are celebrated with fireworks and firecrackers.
These firecrackers or fireworks are mainly lighted without undertaking proper safety measures, thus resulting in injuries and burns. Such incidents highlight the lack of awareness and education regarding eye safety measures in this region.
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Our clientele includes a mix of safety eyewear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India safety eyewear market , including forecasts for subscribers. This country databook contains high-level insights into India safety eyewear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India safety eyewear market size, by pricing, 2018-2030 (US$M)
India Safety Eyewear Market Outlook Share, 2024 & 2030 (US$M)
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