Global Eyewear Market 2024-2028
The eyewear market is forecasted to grow by USD 98.28 mn during 2023-2028, accelerating at a CAGR of 9.19% during the forecast period. The report on the eyewear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of vision disorders, rising demand for eyewear from emerging economies, and product innovation and differentiation in eyewear through functional and technological advances.
Technavio's eyewear market is segmented as below:
By Distribution Channel
By Product
- Eyeglass and spectacles
- Sunglass
- Contact lens
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the increasing adoption of omnichannel distribution system and digital marketing as one of the prime reasons driving the eyewear market growth during the next few years. Also, growing demand for premium eyewear, personalization, and loyalty programs and surging utility of eyewear as fashion product will lead to sizable demand in the market.
The report on the eyewear market covers the following areas:
- Eyewear market sizing
- Eyewear market forecast
- Eyewear market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading eyewear market vendors that include Charmant Inc., De Rigo Vision Spa, Dealskart Online Services Pvt. Ltd., EssilorLuxottica, HOYA CORP., JINS Eyewear US Inc., Kering SA, Le petit fils de L.U. Chopard and Cie SA, Marcolin Spa, OC VISION, The Cooper Companies Inc., Titan Co. Ltd., Vision Service Plan, Alcon Inc., Bausch Health Companies Inc., Carl Zeiss AG, Fielmann AG, Safilo Group Spa, TEK Optical Inc., and Bespoke Inc.. Also, the eyewear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.