Press release
Projected Boom in Eyewear Market: Surging At A CAGR of 10.6% Due to Style Trends and Rising Vision Problems
Projected Boom in Eyewear Market
Forecasted Escalation in Eyewear Market underpinned by Innovation and Sustainability Practices
What Is The Projected Market Size Of The Global Eyewear Market And Its Growth Rate?
• The eyewear market size has grown rapidly from $158.53 billion in 2024 to $175.31 billion in 2025, growing at a CAGR of 10.6%.
• The eyewear market size is projected to reach $268.57 billion in 2029 at a CAGR of 11.3%.
• The market growth in the coming years will be driven by increased awareness of UV protection, ageing population, celebrity influences, and rising trends in fashion and style.
What Is Driving The Growth In The Eyewear Market?
Deteriorating eye health is a major driver for the growth of the global eyewear market. This deterioration can result in various defects in the eyes, such as age-related macular degeneration, cataract, diabetic retinopathy, glaucoma, and damage due to prolonged screen usage. The need for eyewear to correct these disorders and ensure clear vision is increasing. According to the US-based Centers for Disease Control and Preventionat, around three in five Americans over the age of 40, or approximately 90 million people, have vision and eye problems. Predictions estimate that by 2050, vision-related issues in the U.S. will surge significantly, with accompanying rising costs, which will consequently increase the demand for eyewear during the forecast period.
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Who Are the Key Players Driving Eyewear Market Growth?
• Silhouette International Schmied AG
• JAND Inc.
• LVMH Moët Hennessy Louis Vuitton SE
• Essilor International S.A.
• Carl Zeiss AG
• Alcon Vision LLC
• Hoya Corporation
• Johnson & Johnson Vision Care Inc.
• Specsavers Optical Group Limited
• GrandVision BV
• Burberry Group plc
• Bausch & Lomb Incorporated
• The Cooper Companies Inc.
• Italia Independent Group S.p.A.
• Fielmann AG
• Safilo Group S.p.A.
What Are The Key Trends In The Eyewear Market?
• Consciousness about digital eye strain.
• Technological advancements in eyewear.
• Focus on sustainable eyewear.
• E-commerce dominance in eyewear retailing.
• Uptick in blue light filtering technology.
What Are The Segments Of The Global Eyewear Market?
• By Product : Contact Lenses, Spectacles, Sunglasses.
• By Gender : Men, Women, Unisex.
• By Distribution Channel: Optical Stores, Independent Brand Showrooms, Online Stores, Retail Stores.
Which Region Leads The Eyewear Market?
North America was the largest eyewear market in 2024, with Asia-Pacific expected to be the fastest-growing eyewear market during the forecast period. The regions covered in the eyewear market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Eyewear Market Global Market Report?
• Market Size Analysis: Analyze the Eyewear Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Eyewear Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Eyewear Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Eyewear Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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