According to a new report by emr titled, eyewear market report, size, share, growth, price trends 20202025, the global market is estimated to grow at a cagr of about 8% in the forecast period of 20202025. By product type, the global eyewear market has been categorized as spectacles, sunglasses, contact lenses, and others. The marketwatch news department was not involved in the creation of the content. The optical stores segment accounted for a large share in 2018 and is anticipated to exhibit remarkable growth rate in next few years. The report named global eyewear market serves crucial perceptions into global eyewear industry along with newfangled industry details, currently dominating players in eyewear, chapter wise analysis of each section and looming industry trends, which will guide the readers to target eyewear market product specifications and clients driving the longterm market revenue and profitability. Spectacles, which includes frames as well as lenses, are the preferred choice for visual inaccuracies such as hyperopia and myopia. The global eyewear market can be segmented into spectacles, contact lenses and sunglasses.
Eyewear market size, share, statistics and growth, 2026. Global eyewear market is forecasted to grow at a cagr of 4. Eyewear market size is projected to reach usd 165 billion by 2022, as per a new research report by global market insights, inc. Technavios latest report on the global eyewear market provides an analysis of the most important trends expected to impact the market outlook. Top 3 emerging trends to impact the eyewear market.
Eyewear market size, share and industry analysis projection 2020. The report on laser defense eyewear market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. To view the original version on the express wire visit global eyewear market 2018 global industry size, share, revenue, business growth, demand. The major trends, growth drivers as well as issues being faced by the industry are being presented in this. However, the online store would be the fastest growing segment, registering a cagr of 14. The global eyewear market is highly fragmented with players like johnson and johnson services, inc. Beginning with a global overview, the report explores the dynamics that have a strong influence on the eyewear market and can also impact its future growth. Global eyewear market value in 2018 and 2024, by product category in billion euros. Global military protective eyewear market held a market is expected to grow at 6% cagr during the forecast period. The global eyewear market size is anticipated to reach usd 255.
Pmrs research study on the global eyewear market offers a detailed market taxonomy, wherein the key segments have been discussed in detail. Global eyewear market size, share, trends report, 20202027. Global eyewear market by type prescription eyewear, sunglasses, and contact lenses, by application young adults, adults, mature adults, and seniors, by region and key companies industry segment outlook, market assessment, competition scenario, trends and forecast 20192028. Eyewear market report, size, share, growth, price trends. Conversely, blindfolds are a form of eyewear used to block vision for a variety of purposes. Eyewear market growth, trends, and forecast 2020 2025. This is the latest report covering the current impact of covid19 on the. The global eyewear market size is expected to reach usd 215. The global eyewear market report has segregated the market, based on region, into north america, europe, asiapacific, and the rest of the world. Eyewear market size pdf by global market insights inc. Luxury eyewear market share global 2025 statistics report.
The global eyewear market is segmented on the basis of type, application and geography. Global industry analysis, market size, share, trends, analysis and forecasts, 2012 2018. A major roadblock in the sustainable growth of the eyewear industry is the. The rise in the adoption of influencer marketing techniques has led to meaningful customer interaction, which is expected to drive the market over the forecast period. Size of the global eyewear market 20182024, by product category number of otc readers and contact lenses purchased worldwide 20, by country value of. Spectacles segment generated the major share in 2018 and holding at over 55% of the global market. Global eyewear market is expected to rise from its initial estimated value of usd 5. Eyewear market growth, share and statistics industry. Upsurge in demand for prescription spectacles and contact lenses owing to. Prevalence of optical deficiencies coupled with growth in geriatric population is projected to further fuel market expansion. The proactive approach of consumers is providing opportunities for eyewear manufacturers and retailers to expand their consumer base. According to the report, global eyewear market was valued at approximately usd 117.
Pdf global eyewear market 2012 2018 transparency market. Various local manufacturers are present mostly in asia pacific and north. The european market is expected to account for the lions share of the global eyewear market during the forecast period due to changing fashion trends. The market is highly consolidated due to the presence of a few global players and numerous local manufacturers in different parts of the world. The report covers the market landscape and its growth. Eyewear can also include more utilitarian forms of eye protection, such as goggles. Feb 14, 2020 the global eyewear market, which is made up of spectacles, contact lenses, sunglasses, and other eyewear products, was estimated to be worth around 1 billion u. Global industry trends, share, size, growth, opportunity and forecast 20192024 report has been added to s.
Burberry has become a leading luxury brand with a global business. Global eyewear market segment outlook, market assessment. Sample global eyewear market 2012 2018 eyewear market. The report global eyewear market provides a comprehensive analysis of the global eyewear market, along with an indepth study of the regional markets including the us, japan, china, italy, germany, france, switzerland and austria. The global eyewear market is anticipated to grow in the coming half decade, due to increasing awareness of uv exposure dangers, rising number of visual deficiencies, demand for trendy sunglasses, and optical frames, along with increasing usage of contact lenses by individuals for medical, as well as personal use. Global eyewear market size was valued at over usd 120 billion in 2018 and is anticipated to grow at a cagr of 5% from 2019 to 2025. Eyewear is a corrective or protective device which is designed to safeguard eyes from harmful radiations, improve vision and add to the overall appearance of an individual. Based on product type, the market has been further classified into spectacles, contact lenses and sunglasses.
The report discusses the major growth drivers and challenges of the market, covering europe, north america, asiapacific along with the global market. Global eyewear market expected to generate revenue of around usd 182. Global laser defense eyewear market segment outlook. The global eyewear market was valued at usd 120 billion in 2017 and is anticipated to grow at a cagr of 7. Eyewear market by product type prescription glassesspectacles, sunglasses, contact lenses, end user men, women, mode of sale retail, online global. Apr 10, 2020 eon market research via comtex the global market for eyewear is expected to grow at a cagr of. Eyewear market global industry analysis, market size. The global eyewear market size was valued at usd 8.
Surging demand for premium and personalized eyewear is expected to drive. Looking forward, the market projected to exceed a value of. Online sales channels enable eyewear vendors to potentially offer a wide range of product selection along with instant implementation of marketing strategies. Safety eyewear market size, share industry growth report.
Eyewear market is predictable to register a growth rate of 5. Get more details on this report request free sample pdf. Eyewear market by type, trend, growth and global overview. It is an essential accessory that aid in numerous visual defects such as myopia and hyperopia. Global eyewear market with focus on the premium eyewear 2018. Eyewear market global industry analysis, size and forecast. Global eyewear market 2012 2018 transparency market research 1. Electronic pdf the global eyewear market size is anticipated to reach usd 255. North america is leading the global eyewear market by volume with outstanding figures. Bestseller eyewear market growth, trends, and forecast 2020 2025 global eyewear market is segmented by product type into spectacles, sunglasses, contact lenses, and other product types. The global eyewear market is forecasted to grow at a cagr of 4. Apr 10, 2020 eon market research via comtex the global market for eyewear is. Preeti wadhwani share according to a new research report by global market insights, inc. Increasing population and rising prevalence of optical deficiencies are some key factors anticipated to fuel the global eyewear market over the forecast period.
Dublin, march 28, 2019 globe newswire the eyewear market. According to verified market research, the global eyewear market was valued at usd 129. Global eyewear market by product, distribution channel. Eyewear market spectacles, contact lenses, plano sunglasses. Jan 20, 2020 prominent vendors in global eyewear market. Global eyewear market share by product category 20182024. The global eyewear market is expected to register exponential growth over the forecast period owing to the growth in eye defect and increasing awareness regarding eye health. Pdf eyewear market size, share, growth, trends analysis. The rise in disposable income has resulted in the increased purchase of eyeglasses, especially spectacle frames and sunglasses, which are perceived as a fashion accessory. Eyewear market size is projected to reach usd 165 billion by 2022, as per a new research report by. Increasing focus of premium optical brands on quality materials and classic designs is expected to offer growth potentials for the eyewear industry.
Usd 41 billion in 2018 and the industry is estimated to grow at a cagr of over 3% from 2019 to 2025 get more details on this report request free sample pdf luxury eyewear is priced above usd 200 and offers several salient features such as protection from harmful radiations and. The spectacles segment is expected to hold the majority market share while the sunglasses segment is projected to register the highest cagr during the. The worldwide market for eyewear market is expected to grow at a cagr of roughly x. Technavios report, global eyewear market 20162020, has been prepared based on an indepth market analysis with inputs from industry experts. Pdf eyewear market report published by value market research is an. Apr 10, 2020 the marketwatch news department was not involved in the creation of the content. Jan 30, 2019 that manage the present market scenario and also the future position of the global eyeglasses market during the projected period of 20182025. Global eyeglasses market outlook luxottica group s. Eyewear market global industry trends and forecast to 2026.
Eyewear market size, share, growth, trends and forecast 2020. Eyewear comprises accessories such as spectacles, sunglasses, or contact lenses, which are worn for correction or protection of eyes. Global laser defense eyewear market segment outlook, market. Jura liaukonyte jura liaukonyte, cornell university. The global eyewear market is segmented based on its product types which include spectacles, plano sunglasses and contact lenses. The global eyewear market, which is made up of spectacles, contact lenses, sunglasses, and other eyewear products, was estimated to be worth around 1 billion u. Global eyewear market size and share industry analysis, 2025. Eyewear products help in improving the visual acuity and protecting the eyes against environmental damage. Imarc groups latest report, entitled eyewear market. Eyewear market size, share and industry analysis projection. Protective eyewear market indepth research report 2020.
Eyewear market size forecast to reach usd 165 billion by 2022. The eyewear market has been segmented on the basis of product type, distribution channel and geography. The global eyewear market has been segmented based on. Jul 25, 2016 eyewear market size forecast to reach usd 165 billion by 2022. Eyewear market size forecast to reach usd 165 billion by.
Global eyewear market global industry analysis, market size, share, trends, application analysis, growth and forecast, 2017 to 2022 provides a deep and thorough evaluation of the global eyewear market. Apr 19, 2018 global eyewear market expected to generate revenue of around usd 182. The report covers all the major trends and drivers playing a vital role in the growth of the global eyewear market. The global eyewear market segmentation has been classified as product type, distribution channel, and region. Luxury eyewear market size exceeded over 71 million units with an industry value of approx. Feb 14, 2020 size of the global eyewear market 20182024, by product category number of otc readers and contact lenses purchased worldwide 20, by country value of the plano sunwear market 20, by country. According to the global eyewear market report published by value. Key players in this market are 3m company, bolle safety, and honeywell safety products. Growing visual inaccuracies coupled with increased awareness regarding vision correction is expected to provide a fillip to eyewear market growth. Counterfeit eyewear products and replicas are a major threat to the key market players in this industry. Rising commoditization is anticipated to bode well for the growth of the global eyewear market over the forecast period of 2018 to 2025.
Global eyewear market size, share, 20182025 industry report. Global eyewear market value by product category 20182024. Frames cost significantly more than the lenses, but their replacement rate is lesser. Global eyewear market 2018 global industry size, share. The global eyewear market, which is made up of spectacles, contact lenses, sunglasses, and other eyewear products, was estimated to be. Dyson school of applied economics and management cornell university. Global industry eyewear market trends, opportunities and. Biz has presented a new research study offering a comprehensive analysis of the global protective eyewear market where users can benefit from a complete market research report with all the necessary useful information on this market.
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