Global Glass Lens Market Growth 2023-2029

Global Glass Lens Market Growth 2023-2029

The eye is one of the most sophisticated organs in the human body. The retina, the light-sensitive tissue inside the eye, converts light into electrical impulses, which are sent to the brain. A refractive error occurs when the light entering the eye is not focused properly on the retina, distorting the signal sent to the brain. The most common eye conditions are myopia (nearsightedness) and hyperopia (farsightedness). People with myopia cannot clearly see objects in the distance and require a concave glass lens to correct their vision. As of 2015, more than one-quarter of the world population was diagnosed with myopia, and by 2020, 49% of the global population will have myopia. Hyperopia is an eye condition in which a person cannot clearly see nearby objects. Prescription lenses can be used to correct vision related issues.

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

This Insight Report provides a comprehensive analysis of the global Glass Lens 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 Glass Lens portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glass Lens market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Lens 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 Glass Lens.

The global Glass Lens 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.

North America dominated the glass lens market in 2015, by contributing approximately 54% of the overall market share. Much of this region’s growth could be attributed to the increasing prevalence of vision loss among the aging population. Factors such as the growing incidences of eye disorders such as cataracts, diabetic retinopathy, glaucoma, and age-related macular degeneration will increase the use of eyeglasses in the region.

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

Market Segmentation:

Segmentation by type
Progressive Glass Lenses
Single Glass Vision Lenses
Bifocal Glass Lenses

Segmentation by application
Online Retail
Offline Retail

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.
Eastman Kodak
Essilor
Fielmann
HOYA
Nikon
Zeiss

Key Questions Addressed in this Report

What is the 10-year outlook for the global Glass Lens market?

What factors are driving Glass Lens market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Glass Lens market opportunities vary by end market size?

How does Glass Lens break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.