Eyewear Market Industry By Product , Trends And Regional Outlook Forecast To 2023 By Top Industry Players Fielmann, Luxottica Group SpA, CooperVision, Safilo S.p.A and Bausch + Lomb .

Industry 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.

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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.

Regional Outlook and Trend Analysis
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.

Competitive Insights
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.

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The Eyewear Market is segmented as follows-

By Product:
Plano Sunglasses
• Non Polarized Sunglasses
• Polycarbonate Sunglasses
• Polarized Sunglasses
• CR-39 Sunglasses
• Polyurethane Sunglasses
• Others

Spectacles
• Spectacle Lenses
• Spectacle Frames

Contact Lenses

By Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

Some of the key questions answered by the report are:
• What was the market size in 2014 and forecast from 2015 to 2023?
• What will be the industry market growth from 2015 to 2023?
• What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
• What are the major segments leading the market growth and why?
• Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Table of Contents @
1. Introduction
2. Executive Summary
3. Market Overview
4. Market Analysis by Regions
5. Eyewear Market, By Product
6. Eyewear Market, By Region
7. Company Profiles
8. Global Eyewear Market Competition, by Manufacturer
9. Eyewear Market Forecast (2018-2023)

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