Uploaded on Nov 5, 2021
An increase in the awareness regarding eye diseases is leading to an increase in the demand for eyewear.
Eyewear Market Growing Demand, Share, Size and Forecast 2021-2027
Eyewear Market Growing Demand, Share, Size and Forecast 2021-2027
The global Eyewear Market is forecast to reach USD 245.11 Billion by 2027, according to a new report by Reports
and Data. The eyewear market is witnessing a surge in demand owing to the rising number of eye diseases and
growth in the aging population across the globe. Moreover, the increasing trend of eyewear becoming a part of
fashion and luxury is fostering the market demand. However, the shift to newer technologies, such as laser
surgeries, is hampering the market demand.
The ever changing trends of fashion have led to a surge in demand for sunglasses in an indirect way by leading to
their increasing use in the designer eyewear segment. A major opportunity exists for the sunglass manufacturers
in the emerging economies owing to a rise in the level of disposable income leading to a higher inclination of the
consumers towards branded eyewear products.
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The COVID-19 impact:
The entire world has been affected by the spread of the COVID-19 Pandemic. Over the past couple of months, many
countries have enforced lockdowns, leading to a decline in the sales of the eyewear market, especially the luxury
and fashion segment. Consumers are currently only purchasing online, and since eyewear does not come under
essential commodities, the demand for these products is being affected negatively due to the COVID-19 Pandemic
leading to a decline in the sales of most of the eyewear manufacturers.
To identify the key trends in the industry, click on the link below:
https://www.reportsanddata.com/report-detail/eyewear-market
For the purpose of this report, Reports and Data have
segmented into the global Eyewear market on the basis of Distribution Channel Outlook (Revenue, USD
product, end-user, distribution channel, and region: Billion; 2017-2027)
Product Outlook (Revenue, USD Billion; 2017- Offline Stores
2027) Online Stores (E-commerce)
Spectacles Regional Outlook (Revenue, USD Billion; 2017-
Contact Lenses 2027)
Shades North America
Other Products o U.S
End-User Outlook (Revenue, USD Billion; 2017- Europe
2027) Asia Pacific
Men MEA
Women Latin America
Unisex
Key participants include
Marchon Eyewear
Johnson & Johnson Vision Care
Bausch & Lomb
Carl Zeiss AG
CooperVision
Charmant Group
Fielmann AG
Safilo Group
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Luxottica Group
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research
reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour
shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence
studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals,
Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends
existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry
experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure
an edge over their respective competitors.
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