Global Eyewear Market Growth 2023-2029

Global Eyewear Market Growth 2023-2029

Product Code:454538

Published Date: Feb 08,2023

Pages: 119

Region: Global

Category: Consumer Goods

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Eyewear is device that corrective or protective eyes. This report include spectacles, contact lenses, sunglasses and so on.

LPI (LP Information)' newest research report, the “Eyewear Industry Forecast” looks at past sales and reviews total world Eyewear sales in 2022, providing a comprehensive analysis by region and market sector of projected Eyewear sales for 2023 through 2029. With Eyewear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Eyewear industry.

This Insight Report provides a comprehensive analysis of the global Eyewear landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Eyewear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Eyewear market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Eyewear and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Eyewear.

The global Eyewear market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The eyewear market has gained significant growth in the recent years. Emerging countries such as India and China have been the most prominent markets that have tremendous opportunities. Increasing cases of visual impairment and eye defects coupled with inclination for latest fashion trends are the major factors driving the growth of the global eyewear market. Growing prominence of digital devices and gadgets among younger population has adversely affected the eyes, leading to increasing incidences of eye disorders. Therefore, the demand for vision correction products have risen sharply. Additionally, factors such as distinct increase in disposable income and improved standard of living in the developing economies such as India and Brazil have driven the need for premium quality, branded eyewear.

This report presents a comprehensive overview, market shares, and growth opportunities of Eyewear market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Prescription Eyewear
    Lensless Glasses
    Sunglasses
    Contact Lenses

Segmentation by application
    Childhood (0-6)
    Juvenile (7-17)
    Youth (18-40)
    Middle Aged (41-65)
    Elderly (>66)

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Essilor & Luxottica
    Grand Vision
    Formosa Optical
    Carl Zeiss AG
    Hoya Corporation
    De Rigo S.p.A.
    Indo Internacional
    Safilo Group S.p.A.
    Johnson & Johnson
    CIBA Vision (Novartis)
    CooperVision (The Cooper Companies)
    GBV
    Marchon (VSP Global)
    Fielmann
    Bausch & Lomb
    Charmant
    TEK Optical Canada

Key Questions Addressed in this Report
What is the 10-year outlook for the global Eyewear market?
What factors are driving Eyewear market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Eyewear market opportunities vary by end market size?
How does Eyewear break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?