Eyewear Market to Reach US$ 130 Billion by 2018

Transparency Market Research has announced the addition of the “Eyewear Market (Spectacles, Contact Lenses, Plano Sunglasses)- Global Industry Analysis, Size, Share, Growth and Forecast 2012 - 2018” report to their offering. The report states that the global eyewear market will grow at a CAGR of 3.7% from 2012 to 2018 and is expected to reach US$ 130 billion by 2018.

Browse Report: http://www.transparencymarketresearch.com/eyewear-market.html

Market Structure and Restraints

This market is driven by greater percentage of presbyopes and a significantly growing wearer base. Spectacles, Plano sunglasses, and contact lenses are the three main types of products that dominate the eyewear market. The participants in this market include manufacturers of eyewear products, retailers, manufacturers of the raw materials, distributors, and intermediaries like healthcare providers engaged in dispensing corrective eyewear. Geographically, the eyewear market is led by North America. A major challenge facing this market is the growing awareness about refractive eye surgeries which affect the demand for eyewear products.

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Overview and Significance

This report has explained that the market is mainly driven by greater demand for corrective eyewear, changing lifestyles, and rising disposable incomes.

The latest trends prevailing in the global eyewear market have also been discussed in detail in this research report. The growth restraints, and drivers explained in this report promote a clear understanding of the structure of the global eyewear market, and also the potential areas of growth. The competitive landscape of the global eyewear market has been discussed via the company profiles, and the business strategies adopted by some of the prominent players operating in the global eyewear market.

Press Release: http://www.transparencymarketresearch.com/pressrelease/eyewear-market.htm

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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