Eyewear Market Soars to US$ 123.48 Billion in 2022, Poised for 8.19% CAGR Growth to Reach US$ 214.25 Billion by 2029

20.09.2023: Eyewear Market Report Scope and Research Methodology

This comprehensive report examines the Eyewear Market on a global scale, offering insights into key trends, drivers, and constraints within the industry. The report delves into influencer marketing strategies and technological advancements, exploring their impact on the market. Additionally, the report provides regional insights into the market's performance across Asia Pacific and North America.

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What are Eyewear Market Dynamics?

The global Eyewear Market is on track to reach an outstanding valuation of USD 214.25 billion by 2029, boasting a remarkable CAGR of 8.19% during the forecast period. The surge in influencer marketing has sparked meaningful consumer engagement, particularly in the demand for designer and premium eyewear. Influencer endorsements have significantly boosted the desire for trendy eyewear designs worldwide.

Key companies harnessing influencer marketing strategies have encouraged consumers to adopt fashionable designs popularized by celebrities. Smaller influencers are driving higher engagement rates, incentivizing emerging eyewear companies to capitalize on this trend, thereby expanding their market share. This marketing approach also facilitates the introduction of new products, targeted marketing campaigns, and an improved public image. Increased awareness enables manufacturers to penetrate niche markets, allowing both new and established players to maintain steady business practices.

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What is Eyewear Market Segmentation?

The report's goal is to give an in-depth study of the global eyewear market that takes into account all industry participants. The research analyses complex data in plain terms and presents the historical and current state of the industry together with projected market size and trends. The research analyses important companies, including market leaders, followers, and new entries, in detail and covers all areas of the industry. The research includes PORTER, SVOR, and PESTEL analysis with the possible influence of market micro-economic aspects. Analysis of external and internal elements that are thought to have a favourable or negative impact on the firm will provide a clear, futuristic vision of the sector.

Additionally, by analysing market segments and projecting market size, the study aids in understanding the dynamics and structure of the worldwide market. The study serves as an investor's guide with its clear depiction of competitive analysis of major companies by Type, Price, Financial Position, Raw Material Portfolio, Growth Strategies, and Regional Presence in the Global Market.

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Who are Eyewear Market Key Players?

1. Bausch and Lomb Inc.
2. Carl Zeiss AG
3. Charmant Group
4. CooperVision
5. Warby Parker
6. EssilorLuxotttica
7. Zeiss International
8. HOYA Corporation
9. Johnson & Johnson Vision Care, Inc.
10. Cooper Vision
11. Fielmann AG
12. Safilo Group S.p.A.
13. Marcolin SpA.
14. De Rigo Vision S.p.A
15. Alcon
16. Marchon Eyewear, Inc.
17. Charmant Inc.
18. MAUI JIM, INC.
19. Bausch & Lomb
20. Fittingbox

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Table of content for the Eyewear Market includes:

Part 01: Executive Summary

Part 02: Scope of the Eyewear Market Report

Part 03: Global Eyewear Market Landscape

Part 04: Global Eyewear Market Sizing

Part 05: Global Eyewear Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Insights:

Asia Pacific: Led the eyewear market in 2022, with increasing cases of myopia in China driving the demand for corrective eyewear. Key players like PRADA operate manufacturing centers in China to access technology and cost-effective labor.
North America: Captured a substantial share of revenue in 2022, with government regulations by bodies like the Federal Trade Commission (FTC) and U.S. Customs and Border Security ensuring safe and accountable eyewear products. Independent eye care specialists have outperformed retail chains due to affordable products and cost-effective services.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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