Global Eyewear Market 2024-2028

Description

List of Tables

The eyewear market is forecasted to grow by USD 98.28 mn during 2023-2028, accelerating at a CAGR of 9.19% during the forecast period. The report on the eyewear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of vision disorders, rising demand for eyewear from emerging economies, and product innovation and differentiation in eyewear through functional and technological advances.

Technavio's eyewear market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	8.59%
CAGR	9.19%
Incremental Value	$98.28mn

By Distribution Channel

Offline
Online

By Product

Eyeglass and spectacles
Sunglass
Contact lens

By Geographical Landscape

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the increasing adoption of omnichannel distribution system and digital marketing as one of the prime reasons driving the eyewear market growth during the next few years. Also, growing demand for premium eyewear, personalization, and loyalty programs and surging utility of eyewear as fashion product will lead to sizable demand in the market.

The report on the eyewear market covers the following areas:

Eyewear market sizing
Eyewear market forecast
Eyewear market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading eyewear market vendors that include Charmant Inc., De Rigo Vision Spa, Dealskart Online Services Pvt. Ltd., EssilorLuxottica, HOYA CORP., JINS Eyewear US Inc., Kering SA, Le petit fils de L.U. Chopard and Cie SA, Marcolin Spa, OC VISION, The Cooper Companies Inc., Titan Co. Ltd., Vision Service Plan, Alcon Inc., Bausch Health Companies Inc., Carl Zeiss AG, Fielmann AG, Safilo Group Spa, TEK Optical Inc., and Bespoke Inc.. Also, the eyewear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR41065

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global eyewear market 2018 - 2022
4.2 Distribution channel Segment Analysis 2018 - 2022
4.3 Product Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Distribution Channel

6.1 Market segments
6.2 Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
6.4 Online - Market size and forecast 2023-2028
6.5 Market opportunity by Distribution Channel

7 Market Segmentation by Product

7.1 Market segments
7.2 Comparison by Product
7.3 Eyeglass and spectacles - Market size and forecast 2023-2028
7.4 Sunglass - Market size and forecast 2023-2028
7.5 Contact lens - Market size and forecast 2023-2028
7.6 Market opportunity by Product

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 Italy - Market size and forecast 2023-2028
9.11 Germany - Market size and forecast 2023-2028
9.12 Canada - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Alcon Inc.
12.4 Bausch Health Companies Inc.
12.5 Carl Zeiss AG
12.6 Charmant Inc.
12.7 De Rigo Vision Spa
12.8 EssilorLuxottica
12.9 Fielmann AG
12.10 HOYA CORP.
12.11 Kering SA
12.12 Le petit fils de L.U. Chopard and Cie SA
12.13 Marcolin Spa
12.14 Safilo Group Spa
12.15 TEK Optical Inc.
12.16 The Cooper Companies Inc.
12.17 Titan Co. Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations