Global Progressive Lenses Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Progressive Lenses Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Progressive Lenses market finds that the global Progressive Lenses market reached a value of USD 15965.8 million in 2022. It’s expected that the market will achieve USD 20609.4 million by 2028, exhibiting a CAGR of 4.35% during the forecast period.

Market Risks

Progressive lenses sometimes have problems when going up and down the stairs. Since the reading correction is at the bottom, the stairs look like they are beating. However, this is all about adapting to progressive lenses. When using progressive lenses, the problem usually disappears in about two weeks to three weeks, so it takes some time to adapt when wearing close eyes, which affects the time cost of the consumer from another perspective.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Essilor, HOYA, ZEISS with the revenue market share of 32.69%, 8.71%, 4.87% in 2018.

Essilor

Their model is based on efficiency and entrepreneurship, combining the strength of an international group with the agility of local partners. The group also relies on unique industry organization and logistics expertise to meet the diverse needs of the world. The strength and impact of a global supply chain that covers all steps of production is a key element of profitability and differentiation. Essilor Group's ability to quickly drive innovation from research and development to the market is also a true asset.

HOYA

It is a multinational optical instrument manufacturer from Japan, whose name comes from Baogu City, Tokyo, where it is based (now in West Tokyo). Its products cover semiconductor devices such as reticle, storage devices, glasses and contact lenses, optical glass, information systems, ASP and other information technology services, and are well-known as one of the world's leading lens manufacturers.

Segmentation Overview:

Among different product types, Plastic segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Middle and Old Aged People segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Progressive Lenses market covered in Chapter 3:

Essilor
Shanghai Conant Optics Co.,Ltd
Optimum RX Lens Specialists
SEIKO
Leica Eyecare
Wanxin
Norville
Vuarnet
Lenstec Optical Group
Nikon
VISION-EASE LENS
BBGR
HOYA
ZEISS
Fielmann
Rodenstock
Shamir Optical Industry Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Progressive Lenses market from 2018 to 2029 is primarily split into:

Plastic
Glass

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Progressive Lenses market from 2018 to 2029 covers:

Young People
Middle and Old Aged People

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)