Eyewear Market to Reach Valuation of US$ 265,414.36 Mn by 2025: Luxottica Group S.p.A., Essilor International, Zeiss International, Johnson & Johnson Vision Care,

The global eyewear market is likely to worth US$265.4 bn by the end of 2025. The market was valued at US$132.7 bn in 2016. If these figures deem true, the global eyewear market will exhibit a CAGR of 8.3% between 2017 and 2025. In terms of distribution, while offline channel currently holds lead, TMR expects the online segment to report a higher CAGR during the course of the forecast period. Regionally, North America held the dominance, however, between 2017 and 2025, Asia Pacific is likely to exhibit a higher growth.

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Global Eyewear Market: Overview

This report on the global eyewear market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data of 2015 has been included as historical information. The report covers market dynamics including drivers, restraints, and opportunities expected to influence the global eyewear market growth during the forecasted period. Global and regional trends that are playing a major role in driving the global eyewear market have also been covered in the study. The study provides a comprehensive analysis on market growth throughout the above forecast period in terms of revenue estimates (in US$ Mn) and volume estimates (in Mn units), across different geographies.

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Global Eyewear Market: Key Segments

The eyewear market has been segmented on the basis of product type, distribution channel and geography. Based on product type, the market has been further classified into spectacles, contact lenses and sunglasses. Spectacle Lenses and Spectacle Frames are the sub segment of spectacles. Contact lenses is further segmented into Soft Contact Lenses and Rigid Contact Lenses. On the basis of distribution channel, the eyewear market is classified into Online Channel and Offline Channel. Geographically, the report classifies the global eyewear market into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America. The regions are analyzed in terms of revenue and volume generation. Furthermore, region wise prominent countries covered in the report include the following - U.S, Canada, U.K., Germany, Italy, France, China, Japan, India, GCC countries, South Africa and Brazil.

The report also includes industrial evolution in the eyewear market. We have provided the Porter’s Five Forces analysis which identifies bargaining power of suppliers and buyers, threat from new entrant, threat from substitute and threat from competition in eyewear market. Value chain analysis which identifies the key stake holders in the eyewear market is also covered in the report. Furthermore, policies and regulations aiding the eyewear market are also covered.

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The report also covers market attractiveness analysis and market positioning of key players for all regions covered in the scope of study. Market attractiveness analysis identifies and compares different segment’s attractiveness in the market on the basis of CAGR and market share index across North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America.

Global Eyewear Market: Competitive Outlook

The report also includes competition landscape which includes competition matrix, market share analysis of major players in the global eyewear market based on their 2016 revenues. Competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors like market positioning, product offerings and R&D focus are attributed to company’s capabilities. Factors including top line growth, market share, segment growth, infrastructure facilities and future outlook are attributed to company’s potential to grow.

Company profiling includes company overview, major business strategies adopted, SWOT analysis and market revenues for year 2014 to 2016. The major players profiled in the global eyewear market include Luxottica Group S.p.A., Essilor International, Zeiss International, Johnson & Johnson Vision Care, Inc., Bausch & Lomb Inc., Marchon Eyewear, Inc., Fielmann AG, HOYA Corporation, De Rigo S.p.A and Zeiss International.

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The global eyewear market is segmented as below:

Global Eyewear Market, By Product Type

Spectacles

Spectacle Lenses

Spectacle Frames

Contact Lenses

Soft Contact Lenses

Rigid Contact Lenses

Sunglasses

Polarized Sunglasses

Non-Polarized Sunglasses

Global Energy Efficient Lighting Technology Market, By Distribution

Online Channel

Offline Channel

Global Eyewear Market, By Geography

North America

The U.S.

Canada

Rest of North America

Europe

U.K.

Germany

Italy

France

Rest of Europe

Asia Pacific (APAC)

China

Japan

India

Rest of APAC

Middle East and Africa (MEA)

GCC

South Africa

Rest of MEA

South America

Brazil

Rest of South America

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