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Eyewear Market – Top Vendor (CooperVision, Bausch & Lomb, De Rigo S.p.A, Carl Zeiss AG, Marchon Eyewear, Safilo Group, Johnson & Johnson Vision Care, Vision Express, CIBA Vision Inc) Global scenario

11-25-2016 09:41 AM CET | Fashion, Lifestyle, Trends

Press release from: TMR

/ PR Agency: Transparency Market Research
Eyewear Market – Top Vendor (CooperVision, Bausch & Lomb, De

The growing prevalence of eyesight disorders and wearer base expansion are the primary factors augmenting the growth of the global eyewear market. Moreover, a rise in the disposable income levels of middle-class consumers is expected to drive the demand for eyewear products in the next few years. Furthermore, the rising demand for premium eyewear, loyalty programs, and personalized services and rising implementation of product bundling strategy are estimated to contribute significantly towards the growth of the market.

The global eyewear market has been bifurcated on the basis of product type and distribution channel. By product type, the market has been classified into contact lenses, spectacles, spectacle lenses, Plano sunglasses, and spectacle frames. On the basis of distribution channel, the market has been categorized into online portals, retail outlets, and healthcare service providers. The key geographical segments of the global eyewear market include Asia Pacific, North America, Europe, and Rest of the World.

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The research study helps in determining the leading segments in the global eyewear market. The growth prospects, opportunities, and limitations have been highlighted in the research report in order to offer a strong understanding of the market. In addition, the product segmentation, key geographical segments, and vendor analysis of the global eyewear market have been discussed in the scope of the research report.

Overview of the Global Eyewear Market

The global eyewear market stood at US$81 bn in 2011 and is projected to register a 3.70% CAGR from 2012 to 2018, reaching a value of US$130 bn by 2018, states the market research study. The expanding distribution channels and growing marketing activities through social media are projected to drive the demand for eyewear products in the near future. Increasingly, eyewear is considered a fashion product worldwide and the innovations offered by key players are driving the global market.

On the other hand, the rising adoption of refractive eye surgeries and the rising risk from counterfeit products are hampering the growth of the global eyewear market. Moreover, issues related to the side effects of eyewear products on the health of consumers and lack of awareness in low-income economies are estimated to restrict the growth of the market in the forecast period.

Browse The Report: http://www.transparencymarketresearch.com/eyewear-market.html

Among the key geographical regions, in 2012, North America led the global eyewear market with a 30% share. The robust growth of this region can be ascribed to the rising demand for contact lenses and sunglasses. However, the Asia Pacific eyewear market is anticipated to exhibit a 9.0% CAGR from 2012 to 2018, owing to the extensive contribution from China and India.

Companies Mentioned in the Research Report

The global eyewear market is extremely fragmented in nature with the presence of several local and international players operating in the market. Key players are competing amongst each other for market share by improving their product portfolios and pricing strategies.

Some of the leading players operating in the global eyewear market are CooperVision, Bausch & Lomb, De Rigo S.p.A, Carl Zeiss AG, Marchon Eyewear, Safilo Group, Johnson & Johnson Vision Care, Vision Express, CIBA Vision Inc., Specsavers Optical Group Ltd., Hoya Corporation, Luxottica Group S.p.A, Fielmann AG, and Essilor International.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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