Protective eye goggles market was enjoying a steady run until coronavirus struck. Strict regulations mandated by government and international bodies made the use of protective goggles compulsory across certain industries. In addition to this, the rising awareness regarding the importance of employee safety was driving the protective goggles market.
However, the prevalent market forces went topsy-turvy as the demand for personal protective equipment (PPE) shot up in response to the surging cases of coronavirus infection. The protective goggles market is put to test as leading manufacturers scramble to keep pace with the increasing demand.
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Driven by the Notion – “Better be Safe than Sorry,” Consumers Exhibit High Demand for Protective Goggles
The sales of protective goggles have nearly doubled in Coronavirus or COVID-19 hit nations. Leading research firms took note of this unprecedented rise in demand for protective gowns, surgical and examination gloves, protective goggles and surgical masks
in the last months and expect it to have profound impact on companies manufacturing them.
Supply chain disruptions are making the situation even worse. Lockdown enforced to contain coronavirus across various countries has in turn hampered day to day operations of several businesses. Protective goggles manufacturers are no exception to this.
With the scenario forecast to persist in upcoming days, it might get even more difficult for companies to drive operations despite the surging demand.The trend in ecommerce portals is no different.
High traffic portals such as Snapdeal and Amazon reported multifold increase in the sale of protective gears in the first week of March. Furthermore, several online supermarkets have run out of the supply as the demand for these products continues to rise.
The increasing cases of coronavirus infections have made consumers around the world more cautious. They are more willing than ever before to spend on hygiene products, which is subsequently bolstering the sales of items such as protective goggles.
Leading Players Likely to Adopt Innovative Strategies to Leg up Amidst Prevailing Crisis
Bolle Safety, 3M Company, and Honeywell Safety Products are among the leading producers of protective eye wear. Currently the market has a consolidated landscape with the presence of only a handful of players. This has made it even more difficult for the existing companies to keep pace with the surging demand.
However, demand rises due to coronavirus outbreak have catapulted smaller regional players to the fore. These companies are mobilizing available resources amidst lockdown to cater to the surging demand for protective goggles and other gears.
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The rising demand from healthcare sector and overly conscious consumers amidst coronavirus outbreak has compelled manufacturers to rethink their production strategies. While the market is yet to have ubiquitous measures to differentiate between daily patient care capacity and surge capacity, they can restructure their existing framework to approach inadequate supply.
For instance, post COVID-19 outbreak it has become of utmost importance for these companies to have contingency plan in place to address crises like this.
Protective Goggles Market Segmentation
By type
- Dust-proof
- Anti-fog
- Fire & rescue
- Anti-radiation
- Convertible
- Accessories
By end-use industry
- Oil & gas
- Mining
- Construction
- Manufacturing
- Healthcare
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