PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1671938
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1671938
Global Reading Glasses Market is estimated to be valued at US$ 50.59 Bn in 2025 and is expected to reach US$ 76.57 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.1% from 2025 to 2032.
Report Coverage | Report Details | ||
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Base Year: | 2024 | Market Size in 2025: | US$ 50.59 Bn |
Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: | 6.10% | 2032 Value Projection: | US$ 76.57 Bn |
The global reading glasses market has witnessed significant growth in the last few years owing to the rapid increase in the aging population worldwide and rising prevalence of presbyopia. Presbyopia is the progressive inability of the eyes to focus on nearby objects with age, leading to blurred vision. As per 2024 statistics by the WHO, over a billion people suffer from near-vision impairment globally and approximately 170 million cannot undertake their near work responsibilities clearly without glasses. Furthermore, lifestyle changes, rising digital screen usage, and increased strain on eyes have accelerated the onset of presbyopia at an earlier stage among young adults. All these factors have triggered the demand for reading glasses for clear near vision. Advancements in lens technology including anti-reflective, anti-scratch, and blue light filtering coating have also bolstered the adoption of reading glasses.
The global reading glasses market is primarily driven by the growing geriatric population globally. As per Older people tend to develop presbyopia at a higher rate which fuels the sales of reading glasses. However, high adoption of vision correction surgeries such as consumers shifting towards daily disposable contact lenses are restraining the market growth. Meanwhile, increasing innovation in frames and lens material and rising awareness about long-term vision care through social media marketing offers lucrative opportunities. For instance, introduction of lightweight titanium and memory metal frames enhances the comfort of reading glasses.
This report provides in-depth analysis of the global reading glasses market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global reading glasses market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include EssilorLuxottica, Johnson & Johnson Vision Care, Safilo Group S.p.A., Hoya Corporation, CooperVision, Warby Parker, Zenni Optical, Foster Grant, EyeBuyDirect, Maui Jim, Ray-Ban, Oakley, Inc., and Nikon Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global reading glasses market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global reading glasses market