Uploaded on Feb 8, 2022
Eyewear is intended to wear over the eyes for protection against environmental factors or for improving vision impairment. Eyeglasses or spectacles, sunglasses, goggles, and contact lenses are common types of eyewear. Eyewear is also used as a fashion statement due to a rising sense of fashion among people and people are adopting trendy and designer sunglasses due to the latest trend emerging in the market.
Eyewear Market Research Report, Market Share, Size, Trends, Forecast And Analysis Of Key Players, 2019 to 2027.
Global Eyewear Market Analysis Is Projected to reach USD 461.6 billion by 2027, growing at
CAGR of 6.0% during the forecast period (2019-2027) | Luxottica Group SpA, Essilor
International S.A, Carl Zeiss AG
Market Overview:
Eyewear is intended to wear over the eyes for protection against environmental factors or for
improving vision impairment. Eyeglasses or spectacles, sunglasses, goggles, and contact lenses are
common types of eyewear. Eyewear is also used as a fashion statement due to a rising sense of
fashion among people and people are adopting trendy and designer sunglasses due to the latest trend
emerging in market. Furthermore, safety glasses are used in the construction industry to provide
protection to workers against flying debris. Eyewear products are gaining huge demand from the
aging population as old aged people are highly prone to a developed wide range of vision-
related problems.
The global eyewear market is projected to reach around US$ 461.6 billion by the end of 2027, in
terms of revenue, growing at CAGR of 6.0% during the forecast period (2019-2027).
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Market Dynamics
The global eyewear market has witnessed significant growth in recent past year, owing to the rising
demand for prescription contact lenses and spectacles among consumers. Based on product type,
global eyewear market is segmented in spectacles, Plano sunglasses, contact lenses, sportswear and
eye care. Plano sunglasses dominated the global eyewear market in recent past years, owing to the
rising trend in fashion accessories among consumers. Moreover, the rising demand for Plano
sunglasses eyewear product is expected to boost the global eyewear market growth in forecast
period.
Based on distribution channel, the global eyewear market is segmented into e-commerce & online,
company franchises, hospitals, clinics, and multi-brand stores. Among these segments, the company
franchises dominated the global eyewear market in 2018, owing to the rising number of branded
company outlets and franchises which allows discounts on prices across the world.
Market Taxonomy
•Global Eyewear Market, By Product Type:
•Spectacles
•Plano Sunglasses
•Contact Lenses
•Sportswear
•Eye Care
•Global Eyewear Market, By Price Range:
•Premium
•Mid
•Low
•Global Eyewear Market, By Distribution Channel:
•E-Commerce/Online
•Company Outlets/Franchises
•Hospitals
•Clinics
•Multi-brand Stores
Key players operating in global eyewear market are Luxottica Group SpA, Essilor International
S.A, Carl Zeiss AG, Hoya Corporation (Life Care), Johnson & Johnson Vision Care, Inc., Cooper
Companies Inc., Fielmann AG., Safilo Group Spa, Marcolin S.p.A., De Rigo S.p.A.
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