openPR Logo
Press release

Eyewear Market CAGR to Grow at 8.1% | AMR

03-27-2020 08:21 AM CET | Fashion, Lifestyle, Trends

Press release from: Allied Market Research

Eyewear Market

Eyewear Market

Eyewear Market is expected to garner $141.3 billion by 2020, registering a CAGR of 8.1% during the forecast period 2015-2020. Eyewear comprises accessories that are worn over the eyes for vision correction or to protect eyes from debris, harmful radiations or excessive light. Eyewear includes spectacles, lenses and sunglasses worn for vision correction or protection of eyes from harmful UV lights and dust particles. Factors such as increasing life span, growing geriatric population, and changing fashion trends have fostered the demand for eyewear, worldwide. In the present scenario, consumers not only wear eyewear for vision correction, but also for enhancing one's appearance. Numerous market players offer innovative spectacles and lenses, owing to technological advancements and availability of lightweight materials. Emerging countries, such as India, China are exhibiting a rapid growth in the eyewear market.

Download Sample Copy: https://www.alliedmarketresearch.com/request-sample/1648

Growing visual impairment and need for vision correction have resulted in increased demand for eyewear. Presently, the younger generation is more inclined towards digital devices, spending most of their time on digital devices, such as mobile, laptops and video games. Moreover, health concerns such as diabetes also affect vision of people, resulting in blindness. Thus, people suffering from diabetes, need to undergo regular eye checkups to avoid vision problems. Hence, growing visual deficiencies and vision impairments would affect the growth of the eyewear market, during the forecast period.

The world eyewear market is segmented based on product type, end user, mode of sale and geography. By product type, the market is segmented into prescription glasses/spectacles, sunglasses and contact lenses. The end users include men and women, and the mode of sale comprised retail and online stores.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/1648

In the end user segment, men's segment occupied a dominant share of the market in 2014. However, the women's eyewear segment is expected to grow rapidly, registering a CAGR of 8.7% during the forecast period. The growth of this segment would be driven by the growing number of working female population and the resultant economic independency. Moreover, market players are also launching new variety of eyewear to cater to the fashion conscious female segment.

The key companies profiled in the report, include Carl Zeiss AG, Essilor International S.A., Grand Vision, Johnson & Johnson, Inc., Safilo Group S.p.A., Prada S.p.A., Luxottica Group S.p.A., Valeant Pharmaceuticals, Cooper Vision, Inc. and Fielmann AG. These players adopt different strategies to remain competitive in the market.

Source: https://www.prnewswire.com/news-releases/eyewear-market-is-estimated-to-garner-1413-billion-globally-by-2020--allied-market-research-594947091.html

Read More: https://www.alliedmarketresearch.com/eyewear-market

Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Eyewear Market CAGR to Grow at 8.1% | AMR here

News-ID: 1987365 • Views: 384

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently

All 5 Releases


More Releases for Eyewear

Eyewear Market Impressive Growth By 2025 | Top Key Players - Marchon Eyewear, Ma …
In the latest research report by Global Market Insights, Inc., the company claims that eyewear market size is poised to expand substantially. A multi-billion-dollar business space in itself, eyewear market is witnessing a slew of manufacturers expanding their footprints lately. Leading companies are bolstering their portfolios, while startups are coming to the fore. Production of eyewear has surged dramatically. According to the WHO, at least 2.2 billion people either have a blindness
Eyewear Market Astonishing Growth| Marchon Eyewear, Zeiss, Luxottica
HTF MI recently introduced Global and Regional Eyewear Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Johnson & Johnson Vision Care, Inc., De Rigo S.p.A, Bausch
Eyewear Market Share, Status and Forecast 2025 by Players - Bausch & Lomb, March …
"The Latest Research Report 2018-2025 Eyewear Report on Global and United States Market,Status and Forecast,by Players,Types and Applications provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" The report covers the analysis and forecast of the Eyewear Market on global as well as regional level. The study provides historic data of 2016 along with the forecast for the period between 2018 and 2025
Outlook of Eyewear Global Market 2017-2021
"Global Eyewear Market 2017-2021" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. . . Description- '
Eyewear Market Outlook Report 2023
The eyewear market in the Middle East is consolidated in nature owing to a few prominent companies dominating it. In order to bolster their positions further, such companies are pitching their products to the younger demographic through social media and e-tailing. Some of the key players in the market are Oakley, Luxottica S.p.A, Ray-Ban, Prada, Johnson & Johnson Vision Care, Safilo Group, Essilor International, and Carl Zeiss A.G. Read Report Overview
Eyewear Global Auction Market 2017 report by Strategies, Application, Growth Est …
Global Eyewear Sales Market Report 2017 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support. This study recognizes that in this quick-evolving, competitive environment, up-to-date industry information is essential to monitor performance & make critical decisions for growth and profitability. It provides information on trends and developments, focuses on markets and materials, capacities, technologies, and on