Press release
Insights into Glasses Case Market: Global Trends and Analysis
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.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.
Market Overview -
A glasses case refers to a protective container designed to hold and safeguard eyeglasses or sunglasses when not worn. These cases are typically made from materials that provide cushioning and protection to prevent the glasses from getting scratched, bent, or otherwise damaged.
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Rising Vision Problems Fueling Growth Of The Glasses Case Market
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.
Competitive Landscape -
Major companies operating in the glasses case market report are 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.
Innovative Product Designs And Materials In The Glasses Case Market
Major companies operating in the glasses case market are adopting innovative product designs and materials, such as hardshell cases, to provide a more comprehensive travel solution for eyeglasses and contact lenses. A hardshell optics case is made of a durable material with a hard outer shell that protects the glasses from drops, scratches, and other damage. For instance, in June 2022, Nite Ize Inc., a US-based manufacturer of innovative solution-based products, launched the Clip Case Hardshell XL Optics Case. It has a rugged exterior and a foam-cushioned interior for the best crush and scratch protection. With a protective zippered top to keep them safe during work and adventures, it has a top-loading, plus-size design that fits eyeglass frames of all sizes. An easy-to-use microfiber lens cloth is sewn into the interior to clean lenses while on the go. A practical low-profile clip attached to the back of the case enables hands-free carrying on a belt, waistline, or backpack strap.
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Key Segments -
The glasses case market covered in this report is segmented -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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