Eyewear Market to hit $166 billion by 2022; Contact lenses & plano sunglasses

Global Eyewear Market size contribution is predicted to register CAGR of 7% during forecast timeline and surpass a revenue of $166 billion by end of 2022. Increasing population along with growing visual deficiencies like myopia, presbyopia, hyperopia and astigmatism are projected to promote eyewear industry trends during forecast timeline.

Global Market Insights has announced the addition of a new study based report Eyewear Market Size By Product (Spectacles [Lens, Frame], Contact Lenses [RGP, Soft, Hybrid], Plano Sunglasses), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022.

Request Sample of This Market Research Report@ https://www.gminsights.com/request-sample/detail/119

Growing use of corrective eyewear among people to correct refractive faults is projected to fuel industry demand for the products. Furthermore, increasing consciousness among people about significance of eye checkups is projected to enhance industry expansion.

The Eyewear Market Report Consists of,

1. Methodology and Scope
2. Executive Summary
3. Eyewear Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends

4. Eyewear Product Insights
5. Eyewear Application Insights
6. Eyewear Regional Insights
7. Competitor Profiles

Key industry participants include Bausch & Lomb, Carl Zeiss, Charmant Group, Chemilens, CIBA Vision Inc. (Alcon), CooperVision, Daemyung, Essilor International, Fielmann, Hoya, Johnson & Johnson Vision Care, Rodenstock, Seiko, etc.

Inquire for Buying Industry Analysis Report@ https://www.gminsights.com/inquiry-before-buying/119

Global eyewear market size was 2.88 billion units in 2014, which is expected to reach 3.77 billion units by 2022, at a CAGR of 3.5% over the forecast period. Pricing varies widely on the basis of product, with spectacles and plano sunglasses dominating eyewear market share in term of revenue.

Polarized sunglasses market is expected to grow faster than the overall average, driven by increased awareness among consumers. CR-39 and polycarbonate are expected to continue accounting for majority of the overall volume and revenue over the forecast period.

Growing contact lenses market size can be attributed to high soft lenses demand. Additionally, growing preference for daily disposable lenses on account of ease-of-use and lower costs over the long term is a key contributor to forecasted consumption. In terms of revenue, RGP contact lenses market is expected to grow at a CAGR of 5% from 2015 to 2022.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact us:

29L Atlantic Avenue, Suite L 105
Ocean View, Delaware

This release was published on openPR.