Press release
Development of the Worldwide Eyewear Market encountered significant growth worth 190.43 billion by 2023; Fielmann, Luxottica Group SpA, CooperVision, Safilo S.p.A and Bausch + Lomb.
Eyewear Market
Europe was the biggest regional market with income of over USD 35 billion in 2015, essentially because of high normal offering costs for the eyewear products and solid interest toward premium class. Premium buyers are progressively choosing anti-reflective, UV protected, and scratch-resistant eyewear products, which is further boosting the demand in the area. Further, the existence of major eyewear sellers, for example, Safilo and Luxottica has driven the European territorial market to rule the worldwide business.
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Competitive Analysis
The leading players in the market are Fielmann, Luxottica Group SpA, CooperVision, Safilo S.p.A and Bausch + Lomb. These players have made a strong position in the market by offering a broad arrangement of eyewear products over the globe. Further, the organizations have additionally embraced vertical mix and a compelling dispersion system to drive benefit.
Market Outlook and Trend Analysis
The Eyewear Market was worth USD 94.86 billion in 2014 and is expected to reach approximately USD 190.43 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.05% during the forecast period. The expanding reliance on electronic devices, for example, television, computers, and mobile phones has prompted eyesight issues bringing about the purchase of more eyewear products. The ascent in the quantity of optical deficiencies and development in the elderly populace is anticipated to expand the eyewear market development. The expanding occurrence of myopia has prompted an expanded interest for the prescription based eyeglasses. Changes in way of life and technological progressions have prompted long term exposure to electronic gadgets that have caused strain on eyes. The need among the people to ensure their eyes is foreseen to drive the eyewear request universally.
By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Market Segmentation-
By Product:
Plano Sunglasses
Non Polarized Sunglasses
Polycarbonate Sunglasses
Polarized Sunglasses
CR-39 Sunglasses
Polyurethane Sunglasses
Others
Spectacles
Spectacle Lenses
Spectacle Frames
Contact Lenses
Product Outlook and Trend Analysis
The spectacle segment represented more than half of the general volume share in 2015. The concerns related to eye health and the fashion-conscious clients is anticipated to support the section development throughout the following couple of years. Additionally, the developing aged populace is progressively inclining toward the prescription-based displays to handle visual lacks and cure refractive errors. Another factor adding to the spectacles development is the incessant replacement cycles. The contact focal points section is expected to witness an enduring development over the estimate time frame attributable to the reduction in the adoption of spectacles to improve visual appearance.
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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA
5. Eyewear Market, By Product
5.1. Introduction
5.2. Global Eyewear Sales, Revenue and Market Share by Product (2014-2017)
5.2.1. Global Eyewear Sales and Sales Share by Product (2014-2017)
5.2.2. Global Eyewear Revenue and Revenue Share by Product (2014-2017)
5.3. Eyewear Market Assessment and Forecast, By Product, 2014-2023
5.4. Spectacles
5.4.1. Global Spectacles Sales and Growth Rate By Type (2014-2018)
5.4.2. Global Spectacles Sales and Growth Rate (2014-2018)
5.4.3. Spectacle Frames
5.4.3.1. Global Spectacle Frames Sales and Growth Rate (2014-2018)
5.4.4. Spectacle Lenses
5.4.4.1. Global Spectacle Lenses Sales and Growth Rate (2014-2018)
5.5. Contact Lenses
5.5.1. Global Contact Lenses Sales and Growth Rate (2014-2018)
5.6. Plano Sunglasses
5.6.1. Global Plano Sunglasses Sales and Growth Rate By Type (2014-2018)
5.6.2. Global Plano Sunglasses Sales and Growth Rate (2014-2018)
5.6.3. Polarized Sunglasses ……
6. Eyewear Market, By Region
7. Company Profiles
CONTINUED FOR TOC
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