Global Eyewear Market Research report, Dynamics, Applications & Emerging Growth up to 2030
Market Analysis
The global eyewear market is predicted to touch USD 325.82 million by 2030 at an 8.60% CAGR over the forecast period (2022 - 2030), as per the latest Market Research Future (MRFR) report. Eyewear products are usually worn to protect the eyes against harmful radiation, debris, or excessive light and vision correction. The lenses and frames of eyewear products are generally produced using glass and plastic. Contact lenses, sunglasses, and spectacles are the different types of eyewear products available.
The eyewear market research has been witnessing steady growth over the years. Factors such as increasing awareness about eye health, rising prevalence of visual impairments, and an aging population had been driving the demand for eyewear products.
Various factors are propelling the eyewear market growth. These factors, as stated by the latest MRFR report, include increasing incidence of visual deficiencies, growing awareness about eye examinations, increasing prevalence of various ophthalmic disorders such as hypermetropia, presbyopia, and myopia, and various eye care awareness campaigns organized by private and government institutions. Additional factors pushing market growth include increasing cases of computer vision syndrome, growing disposable income, technological advancements, and accessibility of lightweight materials. Moreover, changing fashion, increasing consumer spending on luxury and corrective eyewear, and increasing use of sunglasses as a fashion accessory is also adding to the growth of the eyewear market.
On the contrary, significant pricing between unbranded and branded eyewear and growing adoption of corrective surgeries are factors that may hinder the eyewear market growth over the forecast period.
Explore More Details@
https://www.marketresearchfuture.com/reports/eyewear-market-7999
Market Segmentation
The MRFR report provides a complete segmental analysis of the eyewear market report on the basis of distribution channel and product type.
Based on product type, the eyewear market is segmented into contact lenses, sunglasses, spectacles, and others. Of these, the spectacles segment will have the largest share in the market over the forecast period followed by the sunglasses segment, which is predicted to grow at the highest CAGR.
Based on distribution channel, the eyewear market is segmented into non-store-based and store-based. The store-based segment is again segmented into specialty stores, supermarkets and hypermarkets, and others. Of these, the store-based segment will dominate the market over the forecast period while the non-store-based segment is predicted to grow at the highest CAGR.
Regional Analysis
By region, the eyewear market report covers the latest trends and growth opportunities across Europe, North America, Asia Pacific, and the Rest of the World. Among these, Europe will dominate the market during the forecast period. Factors aiding the market growth in this region include increasing consumer preference for branded eyewear products, availability of different options, changing eyewear trends, and increasing preference for premium eyewear. Italy and France are the key contributors in this region owing to the changing trends in the use of different styles of eyewear.
The eyewear market in the APAC region is predicted to grow at the fastest pace over the forecast period.
Factors aiding market growth in this region include increasing consumer awareness about eye protection against UV rays, growing prevalence of visual deficiency, and growing consumer goods industry.
The eyewear market in North America is predicted to have a healthy growth over the forecast period.
Factors aiding the market growth include the preference of luxury eyewear as add-on accessories and high brand equity. The US is the key contributor in this region as a major part of the populace here prefer making fashion statements with different shapes, color of glasses, and frames.
The global eyewear market in the Rest of the World will have a favorable growth over the forecast period.
Key eyewear market Players
Leading players profiled in the eyewear market report include Charmant Inc. (US), Marcolin SpA (Italy), Rodenstock GmbH (Germany), Essilor International (France), De Rigo Vision S.p.A. (Italy), Marchon Eyewear Inc. (US), Alcon Vision LLC (US), GrandVision (Netherlands), Johnson & Johnson Vision Care, Inc. (US), Luxottica Group S.p.A. (Italy), Fielmann AG (Germany), Safilo Group S.p.A. (Italy), Bausch Health Companies Inc. (Canada), Carl Zeiss AG (Germany), and The Cooper Companies Inc. (US), among others. Key players have adopted different strategies to strengthen their position in the market, such as expansion, joint ventures/partnership, product development and innovation, acquisitions, partnerships, and new ventures.
San Francisco 49ers have entered a multi-year partnership with Zenni Optical as official eyewear partner.
Key Players are: Fielmann AG (Germany), The Cooper Companies Inc. (US), Bausch Health Companies Inc. (Canada), Luxottica Group S.p.A. (Italy), Carl Zeiss AG (Germany), Safilo Group S.p.A. (Italy), GrandVision (Netherlands), Alcon Vision LLC (US), Johnson & Johnson Vision Care Inc. (US), Marcolin SpA (Italy), Marchon Eyewear Inc. (US), De Rigo Vision S.p.A. (Italy), Essilor International (France), Rodenstock GmbH (Germany), and Charmant Inc. (US)
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
PH no.: +1 646 845 9312
Email: sales@marketresearchfuture.com
Global Eyewear Market Research report, Dynamics, Applications & Emerging Growth up to 2030
Market Analysis
The global eyewear market is predicted to touch USD 325.82 million by 2030 at an 8.60% CAGR over the forecast period (2022 - 2030), as per the latest Market Research Future (MRFR) report. Eyewear products are usually worn to protect the eyes against harmful radiation, debris, or excessive light and vision correction. The lenses and frames of eyewear products are generally produced using glass and plastic. Contact lenses, sunglasses, and spectacles are the different types of eyewear products available.
The eyewear market research has been witnessing steady growth over the years. Factors such as increasing awareness about eye health, rising prevalence of visual impairments, and an aging population had been driving the demand for eyewear products.
Various factors are propelling the eyewear market growth. These factors, as stated by the latest MRFR report, include increasing incidence of visual deficiencies, growing awareness about eye examinations, increasing prevalence of various ophthalmic disorders such as hypermetropia, presbyopia, and myopia, and various eye care awareness campaigns organized by private and government institutions. Additional factors pushing market growth include increasing cases of computer vision syndrome, growing disposable income, technological advancements, and accessibility of lightweight materials. Moreover, changing fashion, increasing consumer spending on luxury and corrective eyewear, and increasing use of sunglasses as a fashion accessory is also adding to the growth of the eyewear market.
On the contrary, significant pricing between unbranded and branded eyewear and growing adoption of corrective surgeries are factors that may hinder the eyewear market growth over the forecast period.
Explore More Details@ https://www.marketresearchfuture.com/reports/eyewear-market-7999
Market Segmentation
The MRFR report provides a complete segmental analysis of the eyewear market report on the basis of distribution channel and product type.
Based on product type, the eyewear market is segmented into contact lenses, sunglasses, spectacles, and others. Of these, the spectacles segment will have the largest share in the market over the forecast period followed by the sunglasses segment, which is predicted to grow at the highest CAGR.
Based on distribution channel, the eyewear market is segmented into non-store-based and store-based. The store-based segment is again segmented into specialty stores, supermarkets and hypermarkets, and others. Of these, the store-based segment will dominate the market over the forecast period while the non-store-based segment is predicted to grow at the highest CAGR.
Regional Analysis
By region, the eyewear market report covers the latest trends and growth opportunities across Europe, North America, Asia Pacific, and the Rest of the World. Among these, Europe will dominate the market during the forecast period. Factors aiding the market growth in this region include increasing consumer preference for branded eyewear products, availability of different options, changing eyewear trends, and increasing preference for premium eyewear. Italy and France are the key contributors in this region owing to the changing trends in the use of different styles of eyewear.
The eyewear market in the APAC region is predicted to grow at the fastest pace over the forecast period.
Factors aiding market growth in this region include increasing consumer awareness about eye protection against UV rays, growing prevalence of visual deficiency, and growing consumer goods industry.
The eyewear market in North America is predicted to have a healthy growth over the forecast period.
Factors aiding the market growth include the preference of luxury eyewear as add-on accessories and high brand equity. The US is the key contributor in this region as a major part of the populace here prefer making fashion statements with different shapes, color of glasses, and frames.
The global eyewear market in the Rest of the World will have a favorable growth over the forecast period.
Key eyewear market Players
Leading players profiled in the eyewear market report include Charmant Inc. (US), Marcolin SpA (Italy), Rodenstock GmbH (Germany), Essilor International (France), De Rigo Vision S.p.A. (Italy), Marchon Eyewear Inc. (US), Alcon Vision LLC (US), GrandVision (Netherlands), Johnson & Johnson Vision Care, Inc. (US), Luxottica Group S.p.A. (Italy), Fielmann AG (Germany), Safilo Group S.p.A. (Italy), Bausch Health Companies Inc. (Canada), Carl Zeiss AG (Germany), and The Cooper Companies Inc. (US), among others. Key players have adopted different strategies to strengthen their position in the market, such as expansion, joint ventures/partnership, product development and innovation, acquisitions, partnerships, and new ventures.
San Francisco 49ers have entered a multi-year partnership with Zenni Optical as official eyewear partner.
Key Players are: Fielmann AG (Germany), The Cooper Companies Inc. (US), Bausch Health Companies Inc. (Canada), Luxottica Group S.p.A. (Italy), Carl Zeiss AG (Germany), Safilo Group S.p.A. (Italy), GrandVision (Netherlands), Alcon Vision LLC (US), Johnson & Johnson Vision Care Inc. (US), Marcolin SpA (Italy), Marchon Eyewear Inc. (US), De Rigo Vision S.p.A. (Italy), Essilor International (France), Rodenstock GmbH (Germany), and Charmant Inc. (US)
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
PH no.: +1 646 845 9312
Email: sales@marketresearchfuture.com
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