Market Size and Growth: The eyewear market has experienced steady growth over the years, driven by factors such as increasing prevalence of vision disorders, aging populations, changing fashion trends, and growing awareness of eye health. According to industry reports, the global eyewear market size is projected to continue expanding, with significant contributions from emerging markets in Asia-Pacific and Latin America.
Eyewear Market Size was valued at USD 168.4 million in 2021. The eyewear market industry is projected to grow from USD 182.8 Million in 2022 to USD 325.82 million by 2030, exhibiting a compound annual growth rate (CAGR) of 8.60% during the forecast period (2022 - 2030).
The eyewear market encompasses the global industry involved in the manufacturing, distribution, and retail of various types of eyewear products, including spectacles, sunglasses, contact lenses, and protective eyewear. This market serves diverse consumer needs, ranging from vision correction to
Key Companies in the Eyewear market includes
- 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)
- Charmant Inc. (US) among others
- fashion and style preferences, as well as occupational and recreational requirements.
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Eyewear Industry Developments
December 2021:
Smith imprint 3D technology is now available, according to Saflio Group, which will address a variety of facial shapes and features without using a one-size-fits-all approach to sports apparel. Customers had many problems with 3D-printed snow goggles, including increased all-day comfort, elimination of light leaks caused by faulty fit, removal of pressure points or hot areas, and an increased field of view.
September 2021:
The Stories smart glasses, developed by Meta (formerly Facebook) and Ray-Ban, include dual 5-megapixel cameras that can take photos and 30-second films. The LED lights outside the glasses serve as a working indicator for the cameras. Additionally, it has touch-activated controls for calls, volume, and music playback on its temples, which also double as earbuds.
Key Questions Answered in the Report:
What are the contributing factors to the Eyewear market's growth trends?
What is the current market size, and how is it expected to change in the upcoming years?
What are the key elements exerting influence on the market?
How is the Eyewear market segmented, considering types, Eyewear Market applications, fuels, or other relevant factors?
Who are the major participants in the Eyewear market?
What strategies are these players employing to establish a competitive edge?
What factors are propelling the expansion of the Eyewear market?
Which regions are anticipated to witness notable growth, and what are the driving factors behind it?
What recent technological advancements are impacting the Eyewear industry?
Eyewear Market Segmentation
Eyewear Product Type Outlook (USD Million, 2018-2030)
Spectacles
Sunglasses
Contact Lenses
Others
Eyewear Distribution Channel Outlook (USD Million, 2018-2030)
Store-Based
Non-Store-Based
Other
Table Of Contents
1 Executive Summary
2 Scope Of The Report
3 Market Research Methodology
4 Market Landscape
5 Market Dynamics Of The Global Eyewear Market
- Global Eyewear Market Type
- Global Eyewear Market, By Distribution Channel
- Global Eyewear Market, By Region
- Company Landscape
- Company Profiles
- Conclusion
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