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Eyeglass Lenses Market Size Worth USD 71.55 Billion in 2032 by Emergen Research

10-28-2024 01:05 PM CET | Consumer Goods & Retail

Press release from: Emergen Research

Eyeglass Lenses Market

Eyeglass Lenses Market

The global eyeglass lenses market size was USD 43.15 Billion in 2022 and is expected to register a steady revenue CAGR of 5.2% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of ocular diseases, including conditions, such as refractive errors, age-related macular degeneration, cataracts, diabetic retinopathy, glaucoma, amblyopia, strabismus, and others, is a key factor driving market revenue growth.

According to the World Health Organization (WHO), about 2.2 billion people across the world are affected by either near- or distance vision impairments. Among these cases, approximately 1 billion involve vision issues that might have been preventable or remain unaddressed. Recent data on eye health, as compiled by the International Agency for Prevention of Blindness, indicates that there are 295 million individuals with moderate-to-severe visual impairments, and 43 million people are classified as blind on a global scale.

The latest market intelligence study, called "Global Eyeglass Lenses Market Forecast to 2028," jots down some of the most prominent growth potentials of the global Eyeglass Lenses market. The report is primarily targeted at the industry stakeholders looking to capitalize on this report's contents to make improved business decisions. The report is further intended to help the readers gain vital insights into the global market, particularly the prevailing growth opportunities and competitive scenario. The insightful data & information provided by this report are gathered from various primary and secondary sources.

To avail Sample Copy of the report @https://www.emergenresearch.com/request-sample/2522

Some Key Highlights From the Report

The myopia segment is expected to account for largest revenue share in the global eyeglass lenses market over the forecast period. This is due to increasing screen time, reduced exposure to natural outdoor light, genetic or hereditary factors, and extended engagement in close-up activities such as reading, studying, or using electronic devices. According to the recent Sydney Myopia Study, 31% of 17-year-olds have been identified with myopia, which is twice the prevalence documented in the Blue Mountain Eye Study over a decade ago. However, it is anticipated that in the future, even countries with currently low myopia rates will encounter significant myopia-related challenges. In addition, various awareness campaigns are being initiated to enhance understanding of myopia and its treatment, which is also expected to drive revenue growth of this segment during the forecast period.

The online retail segment is expected to register steadily fast revenue growth rate in the global eyeglass lenses market over the forecast period. This is attributed to increasing use of online shopping platforms due to convenience, ease of price comparisons, transparent transactions, versatile payment methods, and flexible return and exchange policies. Various payment options, such as credit cards, digital wallets, and alternative payment options, including Buy-Now-Pay-Later (BNPL) offer consumers versatility, accommodating their diverse preferences and financial circumstances.

The Asia Pacific market accounted for largest revenue share in the global eyeglass lenses market in 2022. This is due to rising prevalence of myopia, especially among children and implementation of various government programs to raise awareness about eye health and importance of regular eye check-ups. In addition, integration of advanced technologies into eyeglass lenses with specialized protective coatings for various industrial environments is also expected to drive market revenue growth of this region during the forecast period.

The leading contenders in the global Eyeglass Lenses market are listed below:

Essilor, Hoya, Rodenstock Gmbh, Seiko Optical Products Co., Ltd., Vision Ease, Nikon Optical USA., Privé Revaux, Vision Rx Lab, ZEISS Group, and Rudy Project

Request Customization In The Report @https://www.emergenresearch.com/request-for-customization/2522

Emergen Research has segmented the global eyeglass lenses market on the basis type, prescription type, lens material, lens coating, price range, distribution channel, and region:

Eyeglass Lenses Market Product Type Insights: (Revenue, USD Billion; 2019-2032)

Single-Vision

Bifocal

Trifocal

Progressive

Others

Eyeglass Lenses Market Prescription Type Insights: (Revenue, USD Billion; 2019-2032)

Myopia

Hyperopia

Astigmatism

Presbyopia

Others

Eyeglass Lenses Market Lens Material Insights: (Revenue, USD Billion; 2019-2032)

Glass

Plastic CR 39

Polycarbonate

Trivex

Others

Eyeglass Lenses Market Lens Coating Insights: (Revenue, USD Billion; 2019-2032)

Anti-Reflective Coating

Ultraviolet (UV) Protection Coating

Blue light blocking Coating

Hydrophobic Coating

Oleophobic Coating

Scratch-Resistant Coating

Others

Eyeglass Lenses Market Price Range Insights: (Revenue, USD Billion; 2019-2032)

Premium or High End Lenses

Mid-Range Lenses

Budget-Friendly Lenses

Eyeglass Lenses Market Distribution Channel Insights: (Revenue, USD Billion; 2019-2032)

Eyecare Professionals (Optometrists and Ophthalmologists)

Wholesalers and Distributors

Online Retail

Retail Stores

Optical Stores

Department Stores

Specialty Stores

Others

Others

Regional Outlook of the Eyeglass Lenses Market

The global Eyeglass Lenses market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In this section, authors of the report have studied the presence of the global Eyeglass Lenses market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Browse The Full Eyeglass Lenses Market Report Description, Along With The Tocs And List Of Facts And Figures @ https://www.emergenresearch.com/industry-report/eyeglass-lenses-market

Key reasons to buy the Global Eyeglass Lenses Market report:

The latest report comprehensively studies the global Eyeglass Lenses market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products & services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

The report also provides an extensive analysis of the key market elements, such as drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The exhaustive SWOT analysis, Porter's Five Forces analysis, feasibility analysis, and investment return analysis included in the report are intended to help the reader tactfully formulate business growth strategies. Strategic recommendations for the established market players assist them in fortifying their financial positions in the market.

Click Here To Buy Now @https://www.emergenresearch.com/select-license/2522

Thank you for reading our report. For further information regarding the report or to get a customized copy of it, please connect with us. We will make sure you receive a report perfectly tailored to your needs.

Latest Published Reports by Emergen Research:

Eyeglass Lenses Market Size @ https://www.emergenresearch.com/industry-report/eyeglass-lenses-market/market-size

Eyeglass Lenses Market Share @ https://www.emergenresearch.com/industry-report/eyeglass-lenses-market/market-share

Eyeglass Lenses Market Trends @ https://www.emergenresearch.com/industry-report/eyeglass-lenses-market/market-trends

Eyeglass Lenses Regional Market Demand @ https://www.emergenresearch.com/industry-report/eyeglass-lenses-market/regional-market-demand

Eyeglass Lenses Market Analysis @ https://www.emergenresearch.com/industry-report/eyeglass-lenses-market/market-analysis

Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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