Press release
Eyewear Market Overview by Regional Outlook, Segmentations, Revenue and Shares including Top Key Players like: Luxottica Group S.p.A, Bausch + Lomb Inc., Johnson & Johnson Vision Care, Prada S.p.A, Safilo Group S.p.A, Fielmann AG, Cooper Companies, Inc.
Eyewear Market
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The increasing rate of diseases associated with vision, along with growing ageing population majorly drives the market growth. Consumers are increasingly becoming aware of eye health, which supports Eyewear Market growth. The growing popularity of fashion trends, and increasing disposable income encourage consumers to purchase designer and branded eyewear. Other factors driving market growth include spending longer durations in front of computers and laptops, increasing cases of myopia, hypermetropia, & astigmatism, and changing dietary habits. New emerging markets, emerging consumer demographics, and sale through online channels would provide growth opportunities for market in the coming years.
Following are the Top Key Players in Eyewear Market: -
Luxottica Group S.p.A
Bausch + Lomb Inc.
Johnson & Johnson Vision Care
Prada S.p.A
Safilo Group S.p.A
Fielmann AG
Cooper Companies, Inc.
Essilor International S.A.
GrandVision
Carl Zeiss AG
Hoya Corporation
De Rigo SpA
The trend of online shopping is gaining traction in developing economies, thereby encouraging established market players to distribute their products globally. Emerging and new players are also using online platforms for promotion and sale of products. Online distribution channels offer a global platform to Eyewear Market players for expansion of customer base, while reducing operation cost.
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The various types of eyewear include spectacles, lenses, and sunglasses. The spectacle segment is expected to lead the market during the forecast period owing to increasing defects and diseases associated with vision. Growing geriatric population and changing lifestyles support the Eyewear Market growth. Spectacle frames can be made using materials such as metal, plastic, and nylon. Consumers are increasing opting for lenses for vision defects as well as for cosmetic purposes.
Asia-pacific is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, leading to rising living standards and high disposable income. Expansion of global players into these countries to tap market potential boosts the Eyewear Market growth. Increasing use of mobile devices and online shopping further augments market growth.
TOC of Eyewear Market:
Chapter 1. Overview and Scope
Chapter 2. Executive Summary
Chapter 3. Market Insights
Chapter 4. Eyewear Market Size and Forecast
Chapter 5. Dynamics and Segmentation
Chapter 6. Detailed Insight on Company Profiles
Chapter 7. Research Methodology and Reference
Chapter 8. Competitive Landscape
TOC Continued…...!!!
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