India Eyewear Market to Hit USD 19.6 Billion (6.94% CAGR) by 2033 | Get Free Sample Report

According to IMARC Group's report titled "India Eyewear Market Size, Share and Industry Report 2033" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

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Market Overview:

The India eyewear market size was valued at USD 10.4 Billion in 2024. IMARC Group estimates the market to reach USD 19.6 Billion by 2033, exhibiting a CAGR of 6.94% during the forecast period 2025-2033.

This growth is driven by increasing disposable income, rising eye health awareness, fashion trends, rising online retail, and advancing eyewear technology.

Market Key Takeaways:

• 2024 Market Size: USD 10.4 Billion
• 2033 Forecast Value: USD 19.6 Billion
• CAGR : 6.94%
• The growing incidences of myopia, hypermetropia, and astigmatism are driving demand for corrective eyewear.
• Increased online retail and e-commerce platforms are expanding market accessibility.
• Rising digital device usage contributes to higher demand for glasses, sunglasses, and protective eyewear.
• Urbanization at 37.1% in India in 2024 is boosting eyewear purchases due to lifestyle changes.
• Celebrity endorsements and social media enhance brand visibility and consumer interest.
• Technological advancements such as lightweight materials and blue-light-blocking lenses support market growth.

Recent Developments & News:

• 18 January 2025: Transe Vision Care partnered with Netra Kumbh to provide eye care services and personalized glasses via skilled optometrists including LV Prasad Shankar Netralya.
• 10 October 2024: Focally launched Spectunes, a smart eyewear collection blending handcrafted frames with affordability and style.
• 7 October 2024: Lenskart opened its first physical store in Mussoorie, Uttarakhand offering stylish eyewear and free eye exams.
• 1 April 2024: Lenskart introduced Le Petit Lunetier, a French eyewear brand, marking the first foreign addition to their portfolio.

India Eyewear Market Scope & Growth Factors:

• The prevalence of vision disorders such as myopia and hypermetropia increases the need for eyewear.
• The growing awareness towards eye care among consumers has increased the demand for eyecare services.
• An increase in online retail has also made it easier for consumers to purchase.
• In urban centers, increased disposable income has allowed for both functional and fashion eyewear.
• Consumers are becoming more fashion-conscious and seeking fashionable and designer eyewear.
• The rise in digital device use is associated with digital eye strain and sales of eyewear.
• Government and healthcare initiatives increase awareness of eye health and the importance of eye check-ups.
• Urban population is 37.1%, increasing expenditure on eyewear.
• Advancements in eyewear, featuring lightweight frames and blue-light-blocking lenses, have also increased their attractiveness.

Indian Eyewear Market Key Trends:

• Rising disposable income in Indian urban areas has driven consumers toward purchase of corrective and fashion eyewear.
• More people view eyewear as a fashion accessory. Social media has influence. Celebrities wear glasses and sunglasses, which also has influence.
• The prevalence of vision problems throughout India has created a sustained demand for prescription eyewear.
• With awareness of eye health, more people are visiting eye care centers for corrective measures.
• The government and healthcare organizations try to make people more aware about eye health by expanding the market.
• E-commerce in India makes products available and convenient for consumers at a fast rate.
• Virtual try-on tools and free home trial offers improve the experience for online shoppers, especially younger shoppers.
• Outdoor recreation and celebrity-influenced fashion trends cause increased sunwear use.
• High rates of contact lens use, especially among youth, are due in part to technology and trends.

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India Eyewear Market Segmentation:

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 Insights:

• North India
• West and Central India
• South India
• East India

Key Highlights of the Report:

• Comprehensive quantitative analysis of market segments and trends from 2019-2033.
• Detailed insights on market drivers, challenges, and opportunities.
• Porter's Five Forces analysis to assess industry competitiveness.
• Thorough competitive landscape with profiles of major companies.
• Segment-wise historical and future market assessments.

India Eyewear Market Key Players:

• Transe Vision Care
• Netra Kumbh
• LV Prasad Shankar Netralya
• Focally
• Lenskart
• Le Petit Lunetier

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