Press release
Glasses Case Market Research 2024-2033: Market Trends, Share, Size, Key Trends And Global Forecast
Glasses Case Market
The Business Research Company presents an extensive market research report on the Glasses Case Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The glasses case market size has grown strongly in recent years. It will grow from $187.98 billion in 2023 to $205.32 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to rising eyewear usage, consumer awareness, e-commerce growth, brand loyalty, fashion trends.
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The glasses case market size is expected to see strong growth in the next few years. It will grow to $280.85 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to sustainable materials, smart eyewear integration, rise in online eyewear sales, health and hygiene concerns, aging population. Major trends in the forecast period include innovations in case design, technological advances in eyewear, material innovations, customization and personalization, smart features and technology integration.
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Key Market Players:
Ralph Lauren Corporation , Coach Inc., Prada S.p.A., Nordstrom Inc., Lacoste S.A, Oakley Inc. , Gianni Versace S.r.l., Guccio Gucci S.p.A, Nite Ize Inc., Fielmann AG, Maui Jim Inc. , Smith Optics Inc., Giorgio Fedon And Figli Spa, Calvin Klein Inc., Europa Eyewear, Tommy Hilfiger B.V, Dong Guan City Rongyu Packing Co.Ltd., Universe Optical Mfg. Co. Ltd., Rudy Project S.P.A., Hilco Vision, Modo Eyewear SRL, Optoplast Ltd., Zeal Optics Inc., Eyewear Designs Ltd., Randolph Engineering Inc., Barton Perreira LLC, Wenzhou Classic Packing Co. Ltd. are prominent players in the industry.
Market Drivers:
The increasing prevalence of vision problems is expected to propel the growth of the glasses case market going forward. Vision problems refer to a range of optical impairments or challenges that affect an individual's ability to see clearly and perform visual tasks effectively. Vision problems require corrective eyewear such as eyeglasses or sunglasses, which increases the demand for protective glasses to protect eyeglasses from scratches, dust, and damage. For instance, in March 2021, according to Eyes of the World LLC, a Spain-based non-profit organization, 1.1 billion people have vision loss, expected to increase to 1.7 billion by 2050. Further, around 55% of women have vision loss, and 90 million children had vision loss problems in 2021. Therefore, the increasing prevalence of vision problems is driving the growth of the glasses case market.
Market Segments Include:
1) By Type: Plastic Glass Case, Metal Glass Case, Ethylene Vinyl Acetate (EVA) Glass Case, Other Types
2) By Distribution Channel: Online, Offline
3) By Application: Adult, Child
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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