Global eyewear market expected to generate revenue of around USD 182.42 billion by end of 2023, growing at a CAGR of around 7.68% between 2017 and 2023. 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.
The report covers forecast and analysis for the eyewear market on a global and regional level. The study provides historic data of 2017 along with a forecast from 2018 to 2023 based revenue (USD Billion). The study includes drivers and restraints for the eyewear market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the eyewear market on a global level.
In order to give the users of this report a comprehensive view on the eyewear market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product type segment and distribution channel segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.
The study provides a decisive view on the eyewear market by segmenting the market based on product type, distribution channel, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2023. Based on product type the market is segmented into spectacles, sunglasses, contact lenses and sportswear. Based on distribution channel the market is segmented into optical stores, independent brand showrooms, online stores and retail stores. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africa with its further bifurcation into major countries including the U.S., Rest of North America, U.K., Germany, France, Rest of Europe, China, Japan, India, Rest of Asia Pacific, Brazil, Mexico, Rest of Latin America, Saudi Arabia, UAE, South Africa and Rest of Middle East and Africa. This segmentation includes demand for eyewear market based on individual product type and distribution channel in all the regions and countries.
The report also includes detailed profiles of end players such as Carl Zeiss, Bausch & Lomb, Charmant Group, CIBA Vision (Alcon), Chemilens, Daemyung, Cooper Vision, Fielmann, Essilor International, Hoya, Johnson & Rodenstock, Johnson Vision Care and Seiko. Other prominent players are De Rigo SpA., Luxottica Group, Marchon, Marcolin, and Safilo Group.
This report segments the global eyewear market as follows:
Global Eyewear Market: Product Type Segment Analysis
Global Eyewear Market: Distribution Channel Segment Analysis
Global Eyewear Market: Regional Segment Analysis
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