India Eyewear Market Report: Analysis and Forecast to 2033 with USD 19.6 Billion Valuation | IMARC Group

India Eyewear Market Overview

Market Size in 2024: USD 10.4 Billion
Market Forecast in 2033: USD 19.6 Billion
Market Growth Rate: 6.94% (2025-2033)

According to the latest report by IMARC Group, the eyewear market in India was valued at USD 10.4 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 19.6 Billion by 2033, exhibiting a CAGR of 6.94% from 2025-2033.

India Eyewear Industry Trends and Drivers:
The Indian eyewear market is growing fast. More people are caring about eye health and focusing on vision correction. This is driving growth. More people of all ages are focusing on their eye health. This has led to a steady rise in the demand for prescription glasses. Better access to eye care services is helping this trend. Non-corrective eyewear is becoming a trendy accessory. Branded and designer frames are changing how people in cities shop. Manufacturers are investing in new products. They want to blend usefulness with style. This helps brands stand out and engage consumers more. Rapid urbanization and rising disposable incomes are driving aspirational buying. Eyewear is now seen as a health essential and a lifestyle product in India's changing retail scene.

The India eyewear market is changing. It's growing in three areas: spectacles, contact lenses, and sunglasses. Each category has its own reasons for growth. Spectacles remain popular because they are affordable and durable. They appeal to many, especially in tier 2 and tier 3 cities where optometry services are growing. The contact lens segment is growing fast. Younger people want discreet and comfortable options. This is especially true for those with active lifestyles or special occasions. The sunglasses market is changing. They now offer more than UV protection. Sunglasses have become a year-round must-have. They show off personal style and status. This trend appeals to urban millennials and Gen Z. In South and West India, growth is rising. This is due to more awareness, changing fashion tastes, and a strong retail presence. More global brands and local companies are entering these regions. This creates tough competition. It also brings more choices for customers. Brands now offer customized products, advanced lens technologies, and flexible pricing strategies. These changes attract a wide range of buyers.

Digital transformation boosts market accessibility. E-commerce platforms alter the distribution of products. Now, consumers can browse large product catalogs online. Omni-channel retailing is a growing trend. It connects physical stores with digital touchpoints. This integration is enhanced by virtual try-ons, AI recommendations, and remote eye testing. Brands use influencer partnerships and social media to boost product visibility. This helps create aspirational value for tech-savvy consumers. Subscription models and EMI options are popular now. Younger consumers want affordability and quality. Gender-specific and unisex eyewear collections are growing. This is because we understand ergonomic design better. Customers also want personalized options. Northern India is experiencing a rise in demand for premium eyewear. This growth comes from increased wealth and a greater focus on fashion. Meanwhile, Eastern regions are seeing benefits from rural outreach programs. These programs promote vision screening and distribute eyewear. These factors are driving growth in the India eyewear market. This trend sparks innovation, promotes inclusivity, and improves consumer experiences in the future.

Download sample copy of the Report: https://www.imarcgroup.com/india-eyewear-market/requestsample

India Eyewear Industry Segmentation:

The report has segmented the market into the following categories:

Analysis by Product:
• Spectacles
• Sunglasses
• Contact Lenses

Analysis by Gender:
• Men
• Women
• Unisex

Analysis by Distribution Channel:
• Optical Stores
• Independent Brand Showrooms
• Online Stores
• Retail Stores

Regional Analysis:
• North India
• West and Central India
• South India
• East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Latest News and Developments:
• 18 January 2025: Transe Vision Care, a renowned eye care services provider, has started a collaborative initiative with Netra Kumbh, a Mahakumbh flagship project, to serve the general public with excellent eye care services. As part of this partnership, a group of skilled optometrists from esteemed organizations such as LV Prasad Shankar Netralya has been brought together by Transe Vision Care to provide personalized glasses to numerous individuals.

• 10 October 2024: Leading smart wearable technology company Focally has launched Spectunes, a novel and innovative collection of smart eyewear that expertly combines handcrafted frames with affordability, style, and functionality. With a wide range of prices, Spectunes aims to transform the eyewear industry through its advanced solutions.

• 7 October 2024: Lenskart, the premier eyewear company in India, has launched its first physical location in Mussoorie, Uttarakhand. The new location, spanning 580 square feet, will provide the residents of the town with free eye exams in addition to stylish eyewear.

• 1 April 2024: Le Petit Lunetier, a new French eyewear brand, has been introduced in India by Lenskart as an exclusive partner. This launch is the first foreign addition to Lenskart's portfolio and demonstrates the brand's continued dedication to providing cutting-edge global brands and products to Indian consumers.

Key highlights of the Report:
• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Ask analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=5609&flag=C

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About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.