Eyewear Market to Reach Valuation of ~US$ 319,015.5 MN By 2027 at a CAGR of 8.30 % | Luxottica Group S.p.A., Essilor International, Zeiss International, Johnson & Johnson Vision Care, Inc., Bausch & Lomb Inc.

As per the recent report, the global eyewear market was valued at US$ 155,652.3 Mn in 2018 and is forecasted to expand at a CAGR of 8.30 % from 2019 to 2027.It is estimated to reach a value of US$ 319,015.5 Mn by 2027.

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Sales Through Online Channel Is Expected To Boost The Market Growth
In terms of distribution, the market is classified into online channel and offline channel. Offline channel was the largest segment of the eyewear market in 2018. Online channel segment is expected to grow rapidly during the forecast period due to strong distribution network. The global eye market has been segmented on the basis of product type, distribution and geography. On the basis of product type, the market is segmented into Spectacles, Contact Lenses and Sunglasses. Spectacles has been further sub-divided into Spectacle Lenses and Spectacle Frames. Contact Lenses can be sub-segmented into Soft Contact Lenses and Rigid Contact Lenses. On the basis of Sunglasses, the market is segmented into Polarized Sunglasses and Non-Polarized Sunglasses. The global eyewear market by Sunglasses is expected to be attractive for polarized sunglasses during the forecast period.

The report covers market dynamics including drivers, restraints, and opportunities expected to influence the global eyewear market growth during the forecasted period. Global and regional trends that are playing a major role in driving the global eyewear market have also been covered in the study. The study provides a comprehensive analysis on market growth throughout the above forecast period in terms of revenue estimates (in US$ Mn) and volume estimates (in Mn units), across different geographies.

Global Eyewear Market: Key Segments

The eyewear market has been segmented on the basis of product type, distribution channel and geography. Based on product type, the market has been further classified into spectacles, contact lenses and sunglasses. Spectacle Lenses and Spectacle Frames are the sub segment of spectacles. Contact lenses is further segmented into Soft Contact Lenses and Rigid Contact Lenses. On the basis of distribution channel, the eyewear market is classified into Online Channel and Offline Channel. Geographically, the report classifies the global eyewear market into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America. The regions are analyzed in terms of revenue and volume generation. Furthermore, region wise prominent countries covered in the report include the following - U.S, Canada, U.K., Germany, Italy, France, China, Japan, India, GCC countries, South Africa and Brazil.

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The report also includes industrial evolution in the eyewear market. We have provided the Porter’s Five Forces analysis which identifies bargaining power of suppliers and buyers, threat from new entrant, threat from substitute and threat from competition in eyewear market. Value chain analysis which identifies the key stake holders in the eyewear market is also covered in the report. Furthermore, policies and regulations aiding the eyewear market are also covered.

The report also covers market attractiveness analysis and market positioning of key players for all regions covered in the scope of study. Market attractiveness analysis identifies and compares different segment’s attractiveness in the market on the basis of CAGR and market share index across North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

Global Eyewear Market: Competitive Outlook

The report also includes competition landscape which includes competition matrix, market share analysis of major players in the global eyewear market based on their 2016 revenues. Competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors like market positioning, product offerings and R&D focus are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow.

Company profiling includes company overview, major business strategies adopted, SWOT analysis and market revenues for year 2014 to 2016. The major players profiled in the global eyewear market include Luxottica Group S.p.A., Essilor International, Zeiss International, Johnson & Johnson Vision Care, Inc., Bausch & Lomb Inc., Marchon Eyewear, Inc., Fielmann AG, HOYA Corporation, De Rigo S.p.A and Zeiss International.

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The global eyewear market is segmented as below:

Global Eyewear Market, By Product Type

Spectacles
Spectacle Lenses
Spectacle Frames
Contact Lenses
Soft Contact Lenses
Rigid Contact Lenses
Sunglasses
Polarized Sunglasses
Non-Polarized Sunglasses
Global Energy Efficient Lighting Technology Market,

By Distribution

Online Channel
Offline Channel
Global Eyewear Market, By Geography

North America
The U.S.
Canada
Rest of North America
Europe
U.K.
Germany
Italy
France
Rest of Europe
Asia Pacific (APAC)
China
Japan
India
Rest of APAC
Middle East and Africa (MEA)
GCC
South Africa
Rest of MEA
South America
Brazil
Rest of South America

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