Global Eyewear Market Report: Types, Coatings, and Future Trends

According to Meticulous Research®, the global eyewear market is projected to reach $215.5 billion by 2031, with a CAGR of 4.2% from 2024 to 2031. This growth is driven by the increasing incidence of eye disorders and visual impairments, rising screen time, and a greater focus on eye safety. Additionally, the demand for fashionable eyewear and advancements in prescription eyewear contribute to this upward trend. The influence of social media on fashion, the expansion of e-commerce, and improved health insurance coverage for eye care services are key growth drivers.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5901

The market faces challenges such as the growing adoption of laser eye surgeries and the high cost of premium eyewear, which could hinder growth. However, there are significant opportunities through innovations in eyewear materials, coatings, and lens designs. Issues related to the disposal of old eyewear and rapidly changing fashion trends are notable challenges. Current trends include the development of 3D-printed eyewear and glasses equipped with

However, challenges persist, notably the increasing adoption of vision correction methods such as laser eye surgery and the high costs associated with premium eyewear. These factors could impede market growth. Innovations in eyewear materials, coatings, and lens designs present opportunities for market expansion, but issues related to the disposal of old eyewear and fast-evolving fashion trends pose significant obstacles. Emerging trends such as 3D-printed eyewear, fitness-tracking frames, open-ear speakers, and Bluetooth-enabled glasses highlight the industry's dynamic nature.
In 2024, spectacles are anticipated to dominate the eyewear market due to their widespread use in addressing vision disorders and adapting to changing consumer preferences.

In 2024, the spectacles segment is expected to be the largest due to its role in vision correction and evolving consumer preferences for high-quality eyewear. This segment encompasses prescription and non-prescription glasses and various lens and frame styles. Statistics Netherlands reported that about 62% of the Dutch population aged four years and older wore glasses occasionally in 2022.

Anti-reflective coatings are projected to lead the coating segment in 2024. These coatings enhance vision clarity, reduce glare, and provide UV protection. They also offer additional protection for lenses by preventing scratches and smudges, thereby extending the lifespan of the lenses.

Plastic is anticipated to be the leading material in the eyewear market in 2024 due to its durability and stylish options. Plastic frames are lightweight, break-resistant, and ideal for sports and children's eyewear. They also come in a wide range of colors and styles.

Browse in depth : https://www.meticulousresearch.com/product/eyewear-market-5901

The vision correction segment is forecasted to hold the largest market share in 2024. This is driven by the increasing prevalence of vision issues such as myopia, hyperopia, and astigmatism, as well as rising daily screen time, which has increased by approximately 50 minutes per day since 2013.

Asia-Pacific is projected to experience the highest growth rate during the forecast period. Growth in this region is supported by an aging population in China and India, the adoption of advanced eyewear products in emerging markets, and heightened awareness of eyewear benefits. Additionally, rising disposable incomes and a trend towards fashion-conscious youth contribute to market growth in this region.

The key players operating in the global eyewear market are Safilo Group SpA (Italy), EssilorLuxottica SA (France), Fielmann Group AG (Germany), Johnson & Johnson Vision Care, Inc. (U.S), Carl Zeiss AG (Germany), De Rigo Vision SpA (Italy), Hoya Corporation (Japan), Marchon Eyewear, Inc., Alcon Inc. (Switzerland), Appier Inc. (Tokyo), The Cooper Companies, Inc. (U.S.), and Warby Parker Inc. (U.S).

Buy Now : https://www.meticulousresearch.com/Checkout/80375132

Key Questions Answered in the Report:
• Which are the high-growth market segments in terms of type, coating, material, application, age, distribution channel, end user, and geography?
• What was the historical market size for eyewear globally?
• What are the market forecasts and estimates for the period 2024-2031?
• What are the major drivers, restraints, challenges, opportunities, and trends in the global eyewear market?
• Who are the major players in the global eyewear market?
• What is the competitive landscape like, and who are the market leaders in the global eyewear market?
• What are the recent developments in the global eyewear market?
• What are the different strategies adopted by the major players in the global eyewear market?
• What are the geographical trends and high growth regions/countries?

Related Reports

Intraocular Lens Market :https://www.meticulousresearch.com/product/intraocular-lens-market-5915

Contact:

Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website:
https://www.meticulousresearch.com/
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research

About Us

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

This release was published on openPR.