Eyewear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global eyewear market was worth US$ 120 Billion in 2018, registering a CAGR of 3.4% during 2011-2018. The market is further projected to cross US$ 141 Billion by 2024, at a CAGR of 2.6% during 2019-2024. Eyewear products are generally worn for vision correction and protecting the eyes from excessive light, debris or harmful radiation. The frames and lenses of these products are mainly produced using plastic and glass. Currently, the global demand for good-quality eyewear products is being augmented by increasing prevalence of hypermetropia and myopia at young ages. In developing nations, improving lifestyles, urbanization and availability of advanced eyewear products are positively impacting the market growth. On the other hand, increasing exports and product innovations are supporting eyewear market across developed regions.

Global Eyewear Market Drivers:

At present, both government and non-government organizations are conducting campaigns and programs to spread awareness about the treatments available for eyesight problems. Increasing awareness amongst consumers act as a primary factor for the growth of the eyewear market.
With an increase in eye-related diseases like cataract, there has been a substantial rise in the demand for prescription-based eyeglasses. Moreover, changing fashion trends have prompted manufacturers to introduce improved optical designs, materials, and enhanced coatings.
The demand for eyewear products can be attributed to a rise in the cases of computer vision syndrome (CVS) which is caused by prolonged exposure to a computer or other display device. The occurrence of this disorder is generally noted in the working population experiencing dry, red eyes, blurred vision, eye irritation, headache and double vision.
In order to uplift their social status, consumers prefer to purchase high-end eyewear products. In addition, improving purchasing power of consumers in the emerging markets has enabled them to buy premium products which is further elevating the growth of the global eyewear market.

Breakup by Product:

Spectacles
Sunglasses
Contact Lenses

Spectacles represent the most commonly owned eyewear product, accounting for around three-fourths of the total market share. Technological advancements and increasing dependence upon gadgets and electronic devices have led to a rise in eyesight disorders, thereby resulting in an increased demand for spectacles.

Breakup by Gender:

Men
Women
Unisex

Currently, unisex eyewear products are the leading segment and account for a share of two-thirds of the total market. Generally, sunglasses are more popular in unisex styles as compared to regular prescription eyeglasses.

Breakup by Distribution Channel:

Optical Stores
Independent Brand Showrooms
Online Stores
Retail Stores

Amongst these, retail stores represent the most common distribution channel as they offer both branded and generic eyewear products, depending upon the purchasing power of the consumers.

Regional Insights:

Europe
North America
Asia Pacific
Latin America
Middle East and Africa

On a geographical front, Europe represents the biggest eyewear market, accounting for the majority of the total market share. This can be accredited to growing preference for premium eyewear products as well as rising focus of manufacturers on the development of new designs, shapes and sizes of eyewear products.

Competitive Landscape:

The global eyewear market is fragmented in nature with the presence of several small and large manufacturers. Some of the leading players operating in the market are:

Luxottica
Essilor
Johnson & Johnson Vision Care
Safilo
Alcon

Key Questions Answered in This Report?

How has the global eyewear market performed so far and how will it perform in the coming years?
What are the key regions in the global eyewear market?
Which are the popular products in the global eyewear market?
What are the key distribution channels in the global eyewear market?
What are the major gender segments in the global eyewear market?
What are the various stages in the value chain of the global eyewear market?
What are the key driving factors and challenges in the global eyewear market?
What is the structure of the global eyewear market and who are the key players?
What is the degree of competition in the global eyewear market?
How are eyewear products manufactured?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Eyewear Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product
5.4 Market Breakup by Gender
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 Market Breakup by Product
6.1 Spectacles
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Sunglasses
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Contact lenses
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Gender
7.1 Men
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Women
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Unisex
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Optical Stores
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Independent Brand Showrooms
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Online Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Retail Stores
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 Europe
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 Eyewear Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Luxottica
11.3.1.1 Company Overview
11.3.1.2 Description
11.3.1.3 Product Portfolio
11.3.1.4 Financials
11.3.1.5 SWOT Analysis
11.3.2 Essilor
11.3.2.1 Company Overview
11.3.2.2 Description
11.3.2.3 Product Portfolio
11.3.2.4 Financials
11.3.2.5 SWOT Analysis
11.3.3 Johnson & Johnson Vision Care
11.3.3.1 Company Overview
11.3.3.2 Description
11.3.3.3 Product Portfolio
11.3.4 Safilo
11.3.4.1 Company Overview
11.3.4.2 Description
11.3.4.3 Product Portfolio
11.3.5 Alcon
11.3.5.1 Company Overview
11.3.5.2 Description
11.3.5.3 Product Portfolio


List Of Tables

Table 1: Global: Eyewear Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Eyewear Market Forecast: Breakup by Product (in Million US$), 2019-2024
Table 3: Global: Eyewear Market Forecast: Breakup by Gender (in Million US$), 2019-2024
Table 4: Global: Eyewear Market Forecast: Breakup by Distribution Channel (in Million US$), 2019-2024
Table 5: Global: Eyewear Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Eyewear Manufacturing: Raw Material Requirements
Table 7: Global: Eyewear Market: Competitive Structure
Table 8: Global: Eyewear Market: Key Players

List Of Figures

Figure 1: Global: Eyewear Market: Major Drivers and Challenges
Figure 2: Global: Eyewear Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Eyewear Market: Breakup by Type (in %), 2018
Figure 4: Global: Eyewear Market: Breakup by Gender (in %), 2018
Figure 5: Global: Eyewear Market: Breakup by Distribution Channel (in %), 2018
Figure 6: Global: Eyewear Market: Breakup by Region (in %), 2018
Figure 7: Global: Eyewear Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Eyewear Industry: SWOT Analysis
Figure 9: Global: Eyewear Industry: Value Chain Analysis
Figure 10: Global: Eyewear Industry: Porters Five Forces Analysis
Figure 11: Global: Spectacles Market: Sales Value (in Million US$), 2011 & 2018
Figure 12: Global: Spectacles Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Sunglasses Market: Sales Value (in Million US$), 2011 & 2018
Figure 14: Global: Sunglasses Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Contact lenses Market: Sales Value (in Million US$), 2011 & 2018
Figure 16: Global: Contact lenses Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Men Eyewear Market: Sales Value (in Million US$), 2011 & 2018
Figure 18: Global: Men Eyewear Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Women Eyewear Market: Sales Value (in Million US$), 2011 & 2018
Figure 20: Global: Women Eyewear Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Unisex Eyewear Market: Sales Value (in Million US$), 2011 & 2018
Figure 22: Global: Unisex Eyewear Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Eyewear Market: Sales through Optical Stores (in Million US$), 2011 & 2018
Figure 24: Global: Eyewear Market Forecast: Sales through Optical Stores (in Million US$), 2019-2024
Figure 25: Global: Eyewear Market: Sales through Independent Brand Showrooms (in Million US$), 2011 & 2018
Figure 26: Global: Eyewear Market Forecast: Sales through Independent Brand Showrooms (in Million US$), 2019-2024
Figure 27: Global: Eyewear Market: Sales through Online Stores (in Million US$), 2011 & 2018
Figure 28: Global: Eyewear Market Forecast: Sales through Online Stores (in Million US$), 2019-2024
Figure 29: Global: Eyewear Market: Sales through Retail Stores (in Million US$), 2011 & 2018
Figure 30: Global: Eyewear Market Forecast: Sales through Retail Stores (in Million US$), 2019-2024
Figure 31: Europe: Eyewear Market: Sales Value (in Million US$), 2011 & 2018
Figure 32: Europe: Eyewear Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: North America: Eyewear Market: Sales Value (in Million US$), 2011 & 2018
Figure 34: North America: Eyewear Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Asia Pacific: Eyewear Market: Sales Value (in Million US$), 2011 & 2018
Figure 36: Asia Pacific: Eyewear Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Middle East and Africa: Eyewear Market: Sales Value (in Million US$), 2011 & 2018
Figure 38: Middle East and Africa: Eyewear Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: Latin America: Eyewear Market: Sales Value (in Million US$), 2011 & 2018
Figure 40: Latin America: Eyewear Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 41: Eyewear Manufacturing: Process Flow

Eyewear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global eyewear market was worth US$ 120 Billion in 2018, registering a CAGR of 3.4% during 2011-2018. The market is further projected to cross US$ 141 Billion by 2024,

USD 1999 View Report

Eyewear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Eyewear are accessories that are worn over the eyes for the correction of the vision, embellishment or protection of the eyes from the harmful UV rays present in the sunlight.

USD 1499 View Report

Consumer Identity and Access Management Market: Global Considerations

Consumer Identity and Access Management Market: Global Considerations market research report available in single user pdf license with Aarkstore Enterprise at USD 5500

USD 5500 View Report

Cephalosporin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global cephalosporin market size was worth US$ 11.4 Billion in 2018. Cephalosporins are beta-lactam antibiotics that function in the way similar to penicillin. These broad-spectrum drugs help in treating

USD 1999 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available