Press release
Eyewear Market Growth Drivers Challenges, CAGR 8.60%, Trends and Industry Dynamics, Forecast by 2030
In 2021, the Eyewear Market Size reached a value of USD 168.4 million. Projections indicate that the industry will expand from USD 182.8 million in 2022 to USD 325.82 million by 2030, demonstrating a compound annual growth rate (CAGR) of 8.60% throughout the forecast period (2022 - 2030).In the realm of personal style and functionality, the Eyewear Market stands as a beacon of innovation and self-expression. From humble beginnings as mere vision aids to becoming iconic fashion accessories, eyewear has undergone a remarkable transformation, captivating consumers with its blend of utility and trendsetting designs.
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Market Competitive Landscape:
Fielmann AG (Germany)
The Cooper Companies Inc. (US)
Bausch Health Companies Inc. (Canada)
Luxottica Group S.p.A. (Italy)
Carl Zeiss AG (Germany)
Safilo Group S.p.A. (Italy)
GrandVision (Netherlands)
Alcon Vision LLC (US)
Johnson & Johnson Vision Care Inc. (US)
Marcolin SpA (Italy)
Marchon Eyewear Inc. (US)
De Rigo Vision S.p.A. (Italy)
Essilor International (France)
Rodenstock GmbH (Germany)
Charmant Inc. (US) among others
Eyewear Market Segmentation
Eyewear Product Type
Spectacles
Sunglasses
Contact Lenses
Others
Eyewear Distribution Channel
Store-Based
Non-Store-Based
Other
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Eyewear Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America Eyewear market accounted for USD 63.8 million in 2021 and is expected to exhibit a significant CAGR growth during the study period. Due to the region's established e-commerce delivery system, which enhances the user experience for eye power consultation and spectacle choosing. The American Academy of Ophthalmology has created rules for eye clinics and doctors to offer planned appointments and telemedicine sessions. The availability of these services and the increased local manufacturing in the area produce positive eyewear market growth prospects.
Further, the major countries studied in the eyewear market report are The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
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