Eyewear Market - By Product (Spectacles, Contact Lens, and Sunglasses), By Type (Prescription, Non Prescription), By Frame Material, By Shape, By Price Range, By End User, By Distribution Channel Forecast 2024

Description

Eyewear Market size will record 5.1% CAGR from 2024 to 2032, driven by the rising prevalence of vision problems, such as myopia, hyperopia, and astigmatism, particularly among the younger population due to increased screen time and digital device usage. As per China's National Disease Control and Prevention Administration, the rate of myopia among children and adolescents amounted to 51.9% in 2022. Rising advances in lens technology, such as blue light filtering, anti-reflective coatings, and photochromic lenses are attracting consumers seeking enhanced functionality and protection for their eyes, subsequently adding to the market growth.

The eyewear industry is classified into product, type, frame material, shape, price, end user, distribution channel, and region.

By product, the industry size from the sunglasses segment will witness lucrative growth through 2032. Sunglasses are gaining popularity as a fashion accessory, with many consumers purchasing multiple pairs to match different outfits and occasions. Growing awareness of the harmful effects of UV rays on eye health is also driving the demand for sunglasses with UV protection as they help prevent eye conditions, such as cataracts and macular degeneration.

Based on frame material, the eyewear market share from the plastic segment will record significant expansion from 2024 to 2032. Plastic frames can be easily customized to cater to different textures, finishes, and embellishments for offering unique and personalized options. These frames are also generally hypoallergenic, making them suitable for individuals with metal allergies. Increasing availability of Eco-friendly and biodegradable plastic materials to appeal to environmentally conscious consumers will also drive the segment growth.

Regionally, the Asia Pacific eyewear industry value will register substantial CAGR through 2032, propelled majorly by the growing elderly population in countries like Japan and China along with the strong need for vision correction products. Rising disposable incomes and brand awareness are leading to the higher demand for premium and designer eyewear brands. Rapid urbanization and increasing disposable incomes in emerging economies like India, Indonesia, and Vietnam are further driving innovations in eyewear, adding to the regional market growth.

Product Code: 119

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
3.2 Impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Rising preference for luxury brands eyewear
  - 3.2.1.2 Increasing popularity of contact lens
  - 3.2.1.3 Increasing awareness of eye safety
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Growing popularity of eye corrective surgeries
  - 3.2.2.2 Price differentiation between branded and unbranded
3.3 Technology & innovation landscape
3.4 Growth potential analysis
3.5 Regulatory landscape
3.6 Pricing analysis
3.7 Porter's analysis
3.8 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Product, 2021 - 2032, (USD Billion) ('000 Units)

5.1 Key trends
5.2 Spectacles
- 5.2.1 Single vision
- 5.2.2 Multifocal
- 5.2.3 Bifocal
- 5.2.4 Progressive
- 5.2.5 Reading glasses
- 5.2.6 Safety glasses
- 5.2.7 Others (Blue Light Glasses, etc)
5.3 Contact lens
- 5.3.1 Soft contact lens
- 5.3.2 Rigid contact lens
- 5.3.3 Others (Toric Contact Lens)
5.4 Sunglasses
- 5.4.1 Polarized
- 5.4.2 Non-polarized

Chapter 6 Market Estimates & Forecast, By Type, 2021 - 2032, (USD Billion) ('000 Units)

6.1 Key trends
6.2 Prescription
6.3 Non Prescription

Chapter 7 Market Estimates & Forecast, By Frame Material, 2021 - 2032, (USD Billion) ('000 Units)

7.1 Key trends
7.2 Metal
7.3 Plastic
7.4 Polycarbonate
7.5 Rubbers
7.6 Others (Wooden, Nylon, etc.)

Chapter 8 Market Estimates & Forecast, By Shape, 2021 - 2032, (USD Billion) ('000 Units)

8.1 Key trends
8.2 Oval & aviator
8.3 Rectangular
8.4 Round
8.5 Square
8.6 Others (Oversized, Shield, etc.)

Chapter 9 Market Estimates & Forecast, By Price, 2021 - 2032, (USD Billion) ('000 Units)

9.1 Key trends
9.2 Low
9.3 Medium
9.4 High

Chapter 10 Market Estimates & Forecast, By End User, 2021 - 2032, (USD Billion) ('000 Units)

10.1 Key trends
10.2 Male
10.3 Female
10.4 Unisex
10.5 Kids

Chapter 11 Market Estimates & Forecast, By Distribution Channel, 2021 - 2032, (USD Billion) ('000 Units)

11.1 Key trends
11.2 Online
- 11.2.1 E-Commerce
- 11.2.2 Company site
11.3 Offline
- 11.3.1 Specialty stores
- 11.3.2 Mega Retail stores
- 11.3.3 Others (Optical Camps, Opthalmic Centers, etc.)

Chapter 12 Market Estimates & Forecast, By Region, 2021 - 2032, (USD Billion) ('000 Units)

12.1 Key trends
12.2 North America
- 12.2.1 U.S.
- 12.2.2 Canada
12.3 Europe
- 12.3.1 Germany
- 12.3.2 UK
- 12.3.3 France
- 12.3.4 Italy
- 12.3.5 Spain
- 12.3.6 Rest of Europe
12.4 Asia Pacific
- 12.4.1 China
- 12.4.2 India
- 12.4.3 Japan
- 12.4.4 South Korea
- 12.4.5 Australia
- 12.4.6 Rest of Asia Pacific
12.5 Latin America
- 12.5.1 Brazil
- 12.5.2 Mexico
- 12.5.3 Rest of Latin America
12.6 MEA
- 12.6.1 Saudi Arabia
- 12.6.2 UAE
- 12.6.3 South Africa
- 12.6.4 Rest of MEA

Chapter 13 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

13.1 Carl Zeiss AG
13.2 Luxottica Group SpA
13.3 Safilo
13.4 Hoya Corporation
13.5 The Cooper Companies
13.6 Johnson & Johnson Vision Care, Inc.
13.7 Bausch & Lomb Inc.
13.8 Charmant Group
13.9 CIBA VISION
13.10 De Rigo Vision S.p.A
13.11 Fielmann AG
13.12 JINS, Inc.
13.13 Marchon Eyewear, Inc.
13.14 QSpex Technologies
13.15 Rodenstock GmbH
13.16 Seiko Optical Products Co., Ltd.
13.17 Shamir Optical Industry Ltd.
13.18 Silhouette International Schmied AG
13.19 Warby Parker
13.20 Zenni Optical, Inc..

Eyewear Market - By Product (Spectacles, Contact Lens, and Sunglasses), By Type (Prescription, Non Prescription), By Frame Material, By Shape, By Price Range, By End User, By Distribution Channel Forecast 2024 - 2032