Press release
Global Eyewear Market Report 2021-26 | Industry Share, Size, Growth, Trends and Opportunities
The global eyewear market size reached around US$ 132 Billion in 2020. Looking forward, the market expects to reach a value of US$ 196 Billion by 2026, exhibiting a CAGR of around 7% during 2021-2026, according to the latest report by IMARC Group.Eyewear products are often worn for vision correction or to prevent excessive light, debris, or harmful radiation from entering the eyes. The eyewear frames and lenses are manufactured using plastic and glass.
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The eyewear market is currently being augmented by the growing incidences of hypermetropia and myopia among the young population. Furthermore, the rising levels of urbanization, coupled with the increasing consumer living standards, have augmented the demand for high-end eyewear products.
Market Trends
Several government and non-government organizations are arranging eye-checkup campaigns for promoting the wide availability of effective eye care treatments. The rising geriatric population, along with the increasing prevalence of eye-related medical ailments, has also augmented the demand for prescription-based eyeglasses. Moreover, the changing fashion trends have led to the launch of improved optical designs, materials, and enhanced coatings. The growing incidences of computer vision syndrome (CVS) caused due to prolonged exposure to smart devices are also catalyzing the demand for eyewear products. Apart from this, the growing adoption of sunglasses, the rising influence of social media trends, and the increasing number of celebrity endorsements promoting the use of eyewear products, are also driving the market growth.
For more information about this report visit: https://www.imarcgroup.com/eyewear-market
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Eyewear Market Coverage and Segmentation 2021-2026:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the leading players operating in the market are:
Luxottica
Essilor
Johnson & Johnson
Vision Care
Safilo
Alcon
Also Read:
Top Eyewear Companies : https://www.imarcgroup.com/top-5-companies-operating-global-eyewear-industry
The report has segmented the market on the basis of Product, Product, Gender, Distribution Channel, and Region.
Segmentation by Product:
Spectacles
Sunglasses
Contact Lenses
Market Segmentation by Gender:
Men
Women
Unisex
Market Segmentation by Distribution Channel:
Optical Stores
Independent Brand Showrooms
Online Stores
Retail Stores
Regional Insights:
Europe
North America
Asia Pacific
Latin America
Middle East and Africa
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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