Press release
Eyewear Market to Hit USD 206.1 Bn by 2032, Fueled by Fashion & Vision Needs | Persistence Market Research
The increasing availability of stylish yet budget-friendly eyewear, including designer brands and customized lenses, has significantly enhanced consumer accessibility. Additionally, rising disposable incomes and the evolving perception of eyewear as a fashion statement have further propelled market expansion. Technological advancements in lens manufacturing, such as the development of thinner, lighter, and more durable lenses, have greatly improved both comfort and visual appeal. Furthermore, the growing demand for innovative solutions like photochromic lenses that adapt to varying light conditions, progressive lenses catering to multiple vision corrections, and blue light filtering lenses that minimize exposure to harmful digital emissions, is unlocking lucrative opportunities for market growth.
Get Sample Copy PDF- https://www.persistencemarketresearch.com/samples/14320
(Use Corporate Mail Id for Quick Response )
The global eyewear market has witnessed significant expansion in recent years due to increasing awareness regarding eye health, rising fashion consciousness, and technological advancements in optical solutions. The demand for eyewear is fueled by factors such as the growing prevalence of vision disorders, increased screen exposure, and the rise in disposable income.
Key Growth Determinants
Rising Vision Disorders - Increased cases of myopia, hyperopia, astigmatism, and presbyopia are driving the need for prescription eyewear.
Technological Advancements - Innovations such as blue light filtering lenses, anti-glare coatings, and lightweight materials enhance user comfort and protection.
E-commerce Boom - Online retail platforms provide convenience, customization, and competitive pricing, expanding accessibility.
Fashion & Lifestyle Trends - Designer and branded eyewear continue to gain popularity, making eyewear a fashion statement.
Aging Population - The growing geriatric population requires corrective eyewear, increasing market demand.
Rising Screen Time - Increased exposure to digital screens has led to heightened demand for protective eyewear.
Major Growth Barriers
High Cost of Premium Products - Luxury and technologically advanced eyewear can be expensive, limiting accessibility for some consumers.
Availability of Alternative Solutions - Contact lenses and corrective surgeries may reduce reliance on traditional eyewear.
Counterfeit Products - The influx of low-quality, counterfeit eyewear impacts brand reputation and revenue.
Environmental Concerns - Plastic-based eyewear contributes to waste, prompting demand for sustainable alternatives.
Key Trends and Opportunities to Look at
Smart Glasses - Integration of augmented reality (AR) and artificial intelligence (AI) is transforming eyewear into a multifunctional device.
Sustainable Eyewear - Eco-friendly materials such as bamboo, recycled plastics, and biodegradable components are gaining traction.
Customization & Personalization - AI-driven virtual try-on features and personalized frame adjustments enhance consumer experience.
Expanding Rural Markets - Governments and organizations are working towards providing affordable eyewear to underprivileged regions.
Regional Frontrunners
North America - Dominated by premium brands and high consumer spending power, with significant adoption of smart eyewear.
Europe - A mature market with a strong inclination towards sustainable and luxury eyewear.
Asia-Pacific - Rapidly growing due to increasing population, rising disposable income, and digital transformation.
Latin America & Middle East & Africa - Developing markets with improving healthcare facilities and expanding retail networks.
Key Market Players
EssilorLuxottica
Zeiss International
HOYA Corporation
Johnson & Johnson Vision Care, Inc.
Cooper Vision
Fielmann AG
Safilo Group S.p.A.
Marcolin SpA.
De Rigo Vision S.p.A
Alcon
Marchon Eyewear, Inc.
Charmant Inc.
MAUI JIM, INC.
Bausch & Lomb
Fittingbox
Other (on request)
Key Segments Covered in Eyewear Market Research
By Product:
Spectacles
Sunglasses
Contact Lenses
Sports Eyewear
Others
By Material:
Metal Eyewear
Plastic Eyewear
Others
By Price Range:
Below US$ 15
US$ 15-35
Above US$ 35
By End User:
Men
Women
Unisex
Kids
By Sales Channel:
Clinics & Hospitals
Modern Trade
Multi-brand Stores
Optical Stores
Online Retailing
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
Market Size & Future Outlook
The global eyewear market is anticipated to expand steadily at a 5.9% CAGR, reaching approximately US$ 206.1 Bn by 2032, compared to US$ 115.2 Bn in 2022. Growth will be primarily driven by the increasing prevalence of vision-related disorders, rising consumer preference for premium and sustainable eyewear, and rapid technological innovations in the industry. The sector is poised for further advancements with the integration of smart eyewear and digital solutions, making the future of the eyewear market both dynamic and lucrative.
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Eyewear Market to Hit USD 206.1 Bn by 2032, Fueled by Fashion & Vision Needs | Persistence Market Research here
News-ID: 3876131 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Eyewear
Eyewear Market Trend By 2025 | Top Key Players - Marchon Eyewear, Marcolin Eyewe …
In the latest research report by Global Market Insights, Inc., the company claims that eyewear market size is poised to expand substantially.
A multi-billion-dollar business space in itself, eyewear market is witnessing a slew of manufacturers expanding their footprints lately. Leading companies are bolstering their portfolios, while startups are coming to the fore. Production of eyewear has surged dramatically.
According to the WHO, at least 2.2 billion people either have a blindness…
Emergence of Smart Eyewear to Benefit the Global Eyewear Market
The global eyewear market is estimated to enroll at a CAGR of 5.5% during the gauge time frame. The market is required to collect an estimation of roughly USD 185 billion before the finish of 2024. The upsurge in the number of visual inadequacies and expanding mindfulness concerning eye assessments are relied upon to give a force to the development.
Developing reliance on the younger age on electronic gadgets, for example,…
Eyewear Market Impressive Growth By 2025 | Top Key Players - Marchon Eyewear, Ma …
In the latest research report by Global Market Insights, Inc., the company claims that eyewear market size is poised to expand substantially.
A multi-billion-dollar business space in itself, eyewear market is witnessing a slew of manufacturers expanding their footprints lately. Leading companies are bolstering their portfolios, while startups are coming to the fore. Production of eyewear has surged dramatically.
According to the WHO, at least 2.2 billion people either have a blindness…
Global Eyewear Market Soaring at More than 7.52% CAGR to 2025 | Top key Players …
Global Eyewear Market valued approximately USD 110 billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.52% over the forecast period 2018-2025. The major driving factor of global eyewear market are increasing awareness regarding eye examination, rise in percentage of population who can afford luxury goods and increasing disposable income. In addition, rising prevalence of acute myopia at younger ages, rapid…
Eyewear Market Astonishing Growth| Marchon Eyewear, Zeiss, Luxottica
HTF MI recently introduced Global and Regional Eyewear Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Johnson & Johnson Vision Care, Inc., De Rigo S.p.A, Bausch…
Eyewear Global Market Key Players – Bausch & Lomb, Marchon Eyewear, Signature …
Summary
WiseGuyReports.com adds “Eyewear Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022”reports to its database.
This report provides in depth study of “Eyewear market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Eyewear Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline,…
