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Ireland Eyewear Market Size Estimated to Cross USD 677.3 Million By 2030, Growing at a CAGR of 4.38% | Infinium Global Research
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Increasing Demand for Premium Eyewear Products
The eyewear industry in Ireland is thriving, fueled by the rising demand for premium-quality eyewear products, especially among the youth population. The increasing standards of living, coupled with adverse weather conditions, have contributed to a surge in the demand for sunglasses and other eyewear products. The market is further boosted by the potential increase in the population with refractive errors, driving demand for spectacles.
Rising Prevalence of Vision Conditions
The prevalence of refractive errors, notably myopia, has increased significantly in Ireland. Myopia is now one of the top three causes of blindness among the working-age population and even among 15-year-olds. A comprehensive study by Bayer in 2017 revealed that 56% of Irish people wear glasses, highlighting the widespread need for corrective lenses. This trend is expected to propel the demand for eyewear products.
Growing Spending Capacity Fuels Market Growth
The recovering economy in Ireland has led to increased consumer confidence and higher consumer expenditure. The population's growing spending capacity, coupled with a focus on quality products, is driving the demand for various types of eyewear products. Glasses are becoming a fashion accessory, particularly among the youth, further contributing to market growth.
Challenges and Opportunities
While the rising popularity of laser eye surgeries may impact the demand for eyewear products, the industry faces challenges from the surge in counterfeit products. However, the digitization of the eyewear industry presents new opportunities. With 81% of the Irish population using the internet, eyewear companies are leveraging e-commerce and social media to enhance their presence and provide a seamless shopping experience.
Key Players and Strategies
The eyewear market in Ireland is fragmented, with Luxottica expanding its dominance through internal R&D and acquisitions. Notable players such as Essilor International SAS, Johnson & Johnson Vision, Henshaw Eyewear, and Ambr Eyewear are adopting strategies like product innovation and development. Ambr Eyewear, a recent entrant, launched blue light glasses to address digital eye strain, showcasing the industry's commitment to technological innovation.
Future Trends and Market Outlook
As the industry embraces digitization and e-commerce, there are opportunities for both existing and emerging players. Companies are expected to focus on omni-channel innovation, combining personal service with digital technologies. The market is poised for growth, and key players are investing in technology-based solutions, new product launches, and acquisitions to stay ahead in this dynamic landscape.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Eyewear Market Highlights
2.2. Eyewear Market Projection
2.3. Eyewear Market Regional Highlights
Chapter 3. Global Eyewear Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Product
3.4.2. IGR-Growth Matrix Analysis by Material
3.4.3. IGR-Growth Matrix Analysis by Distribution Channel
3.4.4. IGR-Growth Matrix Analysis by End-User
3.4.5. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Eyewear Market
Chapter 4. Eyewear Market Macro Indicator Analysis
Chapter 5. Global Eyewear Market by Product
5.1. Spectacles
5.2. Contact Lenses
5.3. Sunglasses
5.4. Others
Chapter 6. Global Eyewear Market by Material
6.1. Plastic
6.2. Glass
6.3. Polycarbonate
Chapter 7. Global Eyewear Market by Distribution Channel
7.1. Online Stores
7.2. Retail Stores
Chapter 8. Global Eyewear Market by End-User
8.1. Men
8.2. Women
8.3. Unisex
Chapter 9. Global Eyewear Market by Region 2023-2030
9.1. North America
9.1.1. North America Eyewear Market by Product
9.1.2. North America Eyewear Market by Material
9.1.3. North America Eyewear Market by Distribution Channel
9.1.4. North America Eyewear Market by End-User
9.1.5. North America Eyewear Market by Country
9.2. Europe
9.2.1. Europe Eyewear Market by Product
9.2.2. Europe Eyewear Market by Material
9.2.3. Europe Eyewear Market by Distribution Channel
9.2.4. Europe Eyewear Market by End-User
9.2.5. Europe Eyewear Market by Country
9.3. Asia-Pacific
9.3.1. Asia-Pacific Eyewear Market by Product
9.3.2. Asia-Pacific Eyewear Market by Material
9.3.3. Asia-Pacific Eyewear Market by Distribution Channel
9.3.4. Asia-Pacific Eyewear Market by End-User
9.3.5. Asia-Pacific Eyewear Market by Country
9.4. RoW
9.4.1. RoW Eyewear Market by Product
9.4.2. RoW Eyewear Market by Material
9.4.3. RoW Eyewear Market by Distribution Channel
9.4.4. RoW Eyewear Market by End-User
9.4.5. RoW Eyewear Market by Sub-region
Chapter 10. Company Profiles and Competitive Landscape
10.1.Competitive Landscape in the Global Eyewear Market
10.2.Companies Profiles
10.2.1. ZEISS International
10.2.2. De Rigo Vision SpA
10.2.3. Safilo Group S.p.A.
10.2.4. Fielmann A.G.
10.2.5. LUXOTTICA GROUP
10.2.6. CooperVision
10.2.7. CHARMANT Group
10.2.8. lenskart
10.2.9. CIBA VISION
10.2.10. Marchon Eyewear, Inc
10.2.11. MAUI JIM, INC
Chapter 11. Appendix
11.1.Primary Research Findings and Questionnaire
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Reasons to Buy this Report:
=> Comprehensive analysis of regional markets of Ireland eyewear.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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