Eyewear
Market: Introduction
Increasing demand for contact
lenses and prescription spectacles due to age-related impairment like presbyopia
is expected to bolster the global eyewear market. According to WHO (World
Health Organization), in 2019, around 1.4 billion people were suffering from visual
impairment worldwide, of which 217 million have severe to moderate vision
impairment, nearly 189 million are prone to distance vision, and 826 million
people live with a near vision impairment. The rise in geriatric population is also
boosting the market growth eyewear. Moreover, Technological improvements have an upsurge
the exposure of younger generation to computers and smartphones leading to
eyesight problems including myopia, hyperopia, and astigmatism, thus boosting the
demand for eyewear products.
Eyewear
Market: Key Dynamics
Increasing adoption of changing
lifestyles, urbanization, and rising disposable income among consumers is acting
as a key factor for the eyewear market growth. The appearance of new players, owing
to low entry barriers, provides more buying options to consumers and enhances brand
competitiveness. The new manufacturers in the market have disrupted the market scenario
by offering handcrafted products, which increases a premium touch to the
product and provides more buying options to the customer. Moreover, companies like
Pixel Eyewear offers an innovative line-up of lenses where the blue light sieving
pigment is baked into the lens. Likewise, increasing consumer desire for
experiencing luxury eyewear products is also influencing the growth of the
eyewear market.
Eyewear
Market: Report Scope
The “Global Eyewear Market”
report offers in-depth analysis of micro and macro-economic factors, price
point assessment, along with market attractiveness analysis. The report also
focuses on multiple qualitative and quantitative factors on global eyewear
market geographies and market segments. The report also aims to provide a
detailed overview of the parent market for analyzing the competitive landscape
of the global eyewear market in the consumer goods industry. The report is
dedicated to offering strategic information on leading eyewear market players
and offers several growth prospects of the eyewear market.
Eyewear
Market: Segmentation
The global eyewear market is segmented on the basis of product,
price range, and distribution channel.
The global eyewear market on the basis of product is
segmented as:
·
Spectacles
·
Plano Sunglasses
·
Contact Lenses
·
Sportswear
·
Eye Care
·
Cosmetic
·
Other
The global eyewear market on the basis of price range is
segmented as:
·
Premium
·
Mid
·
Low
The global eyewear market on the basis of distribution
channel is segmented as:
·
E-Commerce
·
Company Outlets/Franchises
·
Hospitals
·
Clinics
· Multi-brand Stores Direct Selling
Eyewear
Market: Key Market Players
Along with the company profiles
of key companies enabling the market expansion, the report covers a detailed
competition landscape scenario of the eyewear market. Comparison and market
share analysis of prominent players provided in the report offers the reader
preventive steps to advance their businesses. The reports cover strategic
developments in the eyewear market focused on inorganic and organic growth
strategies. The company profile is one of the carefully crafted section in the eyewear
market report, which extracts fundamentals such as SWOT analysis, product
portfolio on each player, along with the company strategy identification and
analysis. Company presence deliberately mapped and presented with a model for
all prominent players operating in the eyewear market.
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., and De Rigo S.p.A.are some of the key market players operating
in the global eyewear market.
Eyewear
Market: Regional Outlook
The report provides a detailed
overview of the eyewear market in regions including North America, Latin
America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The
country-specific assessment for eyewear market has been offered for all
regional market, along with forecasts, market scope estimates, price point
assessment, and impact analysis of prominent countries and regions. Throughout
the report, Y-o-Y growth estimates are also incorporated for every country and
region, to provide a detailed view of the eyewear market. These Y-o-Y
projections on regional and country-level markets brighten the political,
economic and business environment outlook, which are anticipated to have a substantial
impact on the growth of the eyewear market. Some key country and region
included in the eyewear market report as follows:
North America (U.S., Canada)
Latin America (Mexico, Argentina,
Brazil, Peru, Chile)
Europe (Germany, France, Italy, U.K.,
BENELUX, Nordics, Spain, Poland, Russia, CIS)
Asia Pacific (China, ASEAN, India,
Japan, South Korea)
Oceania (Australia, New Zealand)
Middle East and Africa (South
Africa, GCC Countries, Turkey, Israel, Iran)
The
Eyewear Market Report Covers In-depth Analysis on:
·
Eyewear market segments
·
Eyewear market dynamics
·
Eyewear market size
·
Recent trends, restraints, opportunities in eyewear
market
·
Companies & competition involved eyewear
market
·
Latest technologies in eyewear market
·
Supply chain and value chain eyewear market
Eyewear
Market Report Highlights:
·
A comprehensive overview of parent market
·
Market dynamics and trends in the industry
·
Current, historical and anticipated market size
in terms of value and volume
·
In-depth market segmentation
·
Competition landscape
·
Key Strategies of leading companies and product portfolio
·
Recent industry developments and trends
·
Potential and country, regions and segments exhibiting
future growth
·
A detailed viewpoint on market performance during
the forecast period
·
Essential information to enhance market position
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