Press release
Eyewear Market Forecast: Predicted 8.0% CAGR to Elevate Sector to USD 360.30 billion By 2032
Eyewear Market size was valued at USD 180.24 billion in 2023. The eyewear industry is projected to grow to USD 360.30 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.0% during the forecast period (2024 - 2032).Eyewear is a term used to describe items that are worn to correct eyesight as well as shield the eyes from dangerous radiation, debris, light, and sudden changes in the environment. It includes eyewear, sunglasses, contact lenses, and a variety of lenses and frames, most of which are composed of glass, plastic, and carbon fiber. It enhances visual acuity and helps shield the human eye's lens and retina from UV radiation.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐๐จ๐ฆ๐ข๐ง๐ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/eyewear-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โ The number of people suffering from visual issues such as cataracts, glaucoma, and age-related macular degeneration (AMD) has increased significantly as the population has aged and as digital gadgets have been more widely used.
โ Governments and healthcare organizations around the world are actively promoting eye health initiatives and programs, increasing demand for eye care services and goods.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
In this extremely competitive industry, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here is the list of the leading companies operating in the eyewear market:
โข Luxottica Group S.p.A
โข Bausch + Lomb Inc.
โข Johnson & Johnson Vision Care
โข Carl Zeiss AG
โข GrandVision
โข Essilor International S.A.
โข Cooper Companies Inc.
โข Fielmann AG
โข Safilo Group S.p.A
โข Prada S.p.A
โข Hoya Corporation
โข De Rigo SpA
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ: https://www.polarismarketresearch.com/buy/10/2
๐๐ฒ๐๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข Sunglasses sector is anticipated to experience significant development due to the increasing awareness among individuals about safeguarding their eyes from harmful UV rays. Additionally, the growing consumer interest in premium fashion accessories is expected to further propel the growth of the sunglasses segment.
โข Online stores segment is expected to grow at the fastest rate over the forecasted period.
โข Asia Pacific is expected to grow at fastest growth rate over the forecasted period.
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โข Innovations in Smart Eyewear: The development of AR and VR applications, as well as smart glasses for health monitoring and other functionalities, opens new market avenues.
โข Customization and Personalization: Offering customized lenses and frames tailored to individual preferences and needs can attract a broader customer base.
โข Blue Light Protection: With increasing screen time, there is a growing market for eyewear that protects against blue light emitted by digital devices.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/eyewear-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The eyewear market is mainly segmented based on product type, distribution channel, and region. Based on the product type, in 2022, the spectacles sector had the most market share. The increasing frequency of vision impairments, combined with an aging population, is likely to boost the spectacles industry in the next years.
Furthermore, the distribution channel research revealed that internet stores are the fastest-growing distribution channel in the eyeglass sector. Online retailers provide consumers with the ease of shopping from home, as well as a diverse selection of products and reasonable pricing.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Optical Sorter Market: https://www.polarismarketresearch.com/industry-analysis/optical-sorter-market
Non-fungible Tokens Market: https://www.polarismarketresearch.com/industry-analysis/non-fungible-tokens-market
Management Decision Market: https://www.polarismarketresearch.com/industry-analysis/management-decision-market
Bot Security Market: https://www.polarismarketresearch.com/industry-analysis/bot-security-market
Smart Water Management Market: https://www.polarismarketresearch.com/industry-analysis/smart-water-management-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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