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Global Eyeglasses Industry Market Dynamics & Strategic Insights 2021-2030
Eyeglasses or spectacles consisting of glass or hard plastic lenses mounted in a frame that holds them in front of a person's eyes, typically utilizing a bridge over the nose and hinged arms which rest over the ears. Glasses are used for vision correction, such as with reading glasses and glasses used for nearsightedness, however, without the specialized lenses, they are sometimes used for cosmetic purposes. Safety glasses provide eye protection against flying debris for construction workers or lab technicians; these glasses may have protection for the sides of the eyes as well as in the lenses.
Global Eyeglasses Market іѕ ѕеgmеntеd on the bаѕіѕ оf Product Type (Spectacles, Plano Sunglasses, Sportwear, and Others) Distribution Channel (Retail Stores, and Online Store) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Eyeglasses Market wаѕ vаluеd аt UЅD 149.3 Bn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 8.9% frоm 2021 tо 2030.
The report on Global Eyeglasses Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Eyeglasses Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Eyeglasses Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Eyeglasses Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Eyeglasses Market.
Market Dynamics:
The increasing number of cases for visual disorders creates demand for eyewear accessories which in turn is expected to boost the growth of the global eyeglasses market over the forecast period. Changing life standards coupled with maximum usage of digital devices such as mobiles, laptops are expected to demand spectacles is expected to fuel the growth of the global market. Moreover, many manufacturers are focusing on developing eye wears with different shapes and sizes which is expected to boost the growth of the global eyeglasses market. The increasing development of new lens technologies and the subsequent launch of the products is anticipated to drive the growth of the global market over the forecast period.
However, a rising number of eye surgeries that correct nearsightedness and farsightedness through surgical procedures such as Laser-Assisted in Situ Keratomileusis is a key factor expected to restraint the growth of the global market.
Segmental Analysis:
Among the product type segments, the spectacles segment is accounted for a major revenue share and is expected to maintain its dominance in the global market. This is attributed to the increasing usage of mobile phones and digital screens, resulting in the rising prevalence of computer vision syndrome globally in recent years. The contact lenses segment accounted for a significant revenue share in the global market, due to developing products with improved user experience and better aesthetics.
Among the distribution channel segments, the retail store segment is expected to account for major revenue contribution in the global market. The online store segment is expected to account for the second-highest revenue share in the global market, due to rising consumer preference towards online shopping and e-commerce activities, easy accessibility, availability of several products and brands on a single platform, and affordability which in turn is anticipated to drive the growth of the global market.
Regional Analysis:
The Europe eyeglasses market is expected to account for a major revenue share in the global market over the forecast period. This is attributed to the increasing demand for eyeglasses especially for premium eyeglasses and the presence of major eyeglasses manufacturers in the region. North America accounts for the second-largest revenue share contribution to the global eyeglasses market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The Asia Pacific is expected the market expected to register comparatively faster growth in terms of revenue over the next 10 years, due to changing lifestyles coupled with increasing disposable income among individuals in countries such as China, and India. Also, the rising number of cases of visual deficiency and eye defects is another factor expected to drive the growth of the Asia Pacific market over the forecast period.
Global Eyeglasses Market Segmentation:
Segmentation by Product Type:
• Spectacles
• Plano Sunglasses
• Sportwear
• contact lenses
• Others
Segmentation by Distribution Channel:
• Retail Store
• Online Store
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
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.
Global Eyeglasses Market іѕ ѕеgmеntеd on the bаѕіѕ оf Product Type (Spectacles, Plano Sunglasses, Sportwear, and Others) Distribution Channel (Retail Stores, and Online Store) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Eyeglasses Market wаѕ vаluеd аt UЅD 149.3 Bn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 8.9% frоm 2021 tо 2030.
The report on Global Eyeglasses Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Eyeglasses Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Eyeglasses Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Eyeglasses Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Eyeglasses Market.
Market Dynamics:
The increasing number of cases for visual disorders creates demand for eyewear accessories which in turn is expected to boost the growth of the global eyeglasses market over the forecast period. Changing life standards coupled with maximum usage of digital devices such as mobiles, laptops are expected to demand spectacles is expected to fuel the growth of the global market. Moreover, many manufacturers are focusing on developing eye wears with different shapes and sizes which is expected to boost the growth of the global eyeglasses market. The increasing development of new lens technologies and the subsequent launch of the products is anticipated to drive the growth of the global market over the forecast period.
However, a rising number of eye surgeries that correct nearsightedness and farsightedness through surgical procedures such as Laser-Assisted in Situ Keratomileusis is a key factor expected to restraint the growth of the global market.
Segmental Analysis:
Among the product type segments, the spectacles segment is accounted for a major revenue share and is expected to maintain its dominance in the global market. This is attributed to the increasing usage of mobile phones and digital screens, resulting in the rising prevalence of computer vision syndrome globally in recent years. The contact lenses segment accounted for a significant revenue share in the global market, due to developing products with improved user experience and better aesthetics.
Among the distribution channel segments, the retail store segment is expected to account for major revenue contribution in the global market. The online store segment is expected to account for the second-highest revenue share in the global market, due to rising consumer preference towards online shopping and e-commerce activities, easy accessibility, availability of several products and brands on a single platform, and affordability which in turn is anticipated to drive the growth of the global market.
Regional Analysis:
The Europe eyeglasses market is expected to account for a major revenue share in the global market over the forecast period. This is attributed to the increasing demand for eyeglasses especially for premium eyeglasses and the presence of major eyeglasses manufacturers in the region. North America accounts for the second-largest revenue share contribution to the global eyeglasses market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The Asia Pacific is expected the market expected to register comparatively faster growth in terms of revenue over the next 10 years, due to changing lifestyles coupled with increasing disposable income among individuals in countries such as China, and India. Also, the rising number of cases of visual deficiency and eye defects is another factor expected to drive the growth of the Asia Pacific market over the forecast period.
Global Eyeglasses Market Segmentation:
Segmentation by Product Type:
• Spectacles
• Plano Sunglasses
• Sportwear
• contact lenses
• Others
Segmentation by Distribution Channel:
• Retail Store
• Online Store
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
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.
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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