What's driving the Prescription Goggles Market Growth? Speedo, RxSport, Goggleman, Nanyang Kingopt Optical & Electronics and Wenzhou Sunshine Optics

Global Market Insights, Inc. has recently added a report on Prescription Goggles Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

Global prescription goggles market size is forecast to witness significant growth prospects from 2016 to 2023. Increasing demand for eye safety among individuals is predicted to impel industry demand over the forecast period.

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Global goggles market size is predicted to hit over USD 1.5 billion in revenue by 2023. According to the National Institute for Occupational Safety and Health, approximately 2,000 U.S. workers sustain work-related eye injuries daily, which require medical treatment. These are either on account of lack of eye protection, or the use of wrong eye protection.

Prescription sunglasses industry will exhibit revenue growth at more than 3% CAGR over forecast time.

Rising popularity in numerous activities such as swimming, football, ski, sky diving, underwater diving, snowmobile and motocross is likely to fuel prescription goggles market growth.

These products offer several attributes such as superior comfort, improved performance, aesthetic appeal, as well as better fit. They provide enhanced visual acuity by reducing blurry vision and the specialized sides allow users to utilize peripheral vision to its maximum extent. Additionally, they prevent glare even in intense sunlight.

Reasons to Buy This Report:

1. Prescription Goggles Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Key Prescription Goggles Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles

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The manufacturing process for the production of polycarbonate lenses results in high impact resistance of the resultant lens; since this is the key parameter for safety glasses, polycarbonate lenses are expected to witness steady demand over the forecast period. Majority of polarized polycarbonate sunglasses use injection molding for lens production. However, since it is a soft material, applying scratch-resistant coating becomes essential to prevent scratches on the surface. Regardless of the technique used for production, the coatings applied on the lens after manufacture determine prescription goggles market price trend.

Frames with ASTM F803 standard are the most recommended ones owing to their superior quality attributes. In addition, this standard also ensures lens size to be 3mm as it demonstrates high shock resistance.

Since they cover the entire eye, goggles prevent any serious damage. Appropriate padding at crucial points helps in absorbing shock and thus lessens the overall impact, preventing injury. As these products come with elasticized bands, they offer high grip and do not slip off while performing any activity.

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U.S. prescription goggles market size is projected to experience significant growth from 2016 to 2023. Growth across the region can be attributed to considerable percentage of professional sport activities. Asia Pacific is forecast to present growth opportunities owing to gradually increasing adoption rate.

Industry players occupying significant chunk of prescription goggles market share include Speedo, RxSport, Goggleman, Nanyang Kingopt Optical & Electronics and Wenzhou Sunshine Optics. Some other industry participants are Hi-Tech Optical, Iris, Essilor and Uvex Safety Group.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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