Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Eyewear Market 2017 -2027

Eyewear is intended to wear over the eyes for protection against environmental factors or for improving vision impairment. Eyeglasses or spectacles, sunglasses, goggles, and contact lenses are common types of eyewear. Eyewear is also used as a fashion statement due to a rising sense of fashion among people and people are adopting trendy and designer sunglasses due to the latest trend emerging in market. Furthermore, safety glasses are used in the construction industry to provide protection to workers against flying debris. Eyewear products are gaining huge demand from the aging population as old aged people are highly prone to a developed wide range of vision-related problems.

The global eyewear market is projected to reach around US$ 461.6 billion by the end of 2027, in terms of revenue, growing at CAGR of 6.0% during the forecast period (2019-2027).

Drivers

Demographic changes such as age, eye problems such as myopia, glaucoma, and fashion >

Increasing spending of the people on medical equipment such as contact lenses and spectacles is projected to accelerate the market growth of eyewear. For instance, in 2015, according to the “Centers for Medicare & Medicaid Services”, (a federal agency in the U.S. Dept. of Health & Human Services), the retail spending of individuals in the U.S on durable medical equipment such as eyeglasses, contact lenses and hearing aids experienced an increase of 3.9% in comparison to 2014.

On basis of the region, Europe region dominated the global eyewear market, in 2018, accounting for 36% share in terms of revenue, followed by North America and Asia Pacific respectively.

Figure 1. Global Eyewear Market, Revenue Share (%), By Region, 2018

Eyewear  | Coherent Market Insights

Market Restraints

Rising adoption of laser surgeries around the globe due to advancements in technologies is projected to hinder the market growth of eyewear. For example, a 2016 study published in the Journal of Cataract & Refractive Surgery revealed that laser-assisted in situ keratomileusis (LASIK) has a 96% patient satisfaction rate. The latest research indicates that laser-assisted in situ keratomileusis (LASIK) has a 99% success rate in achieving 20/40 vision or better, and a 90% the success rate in achieving 20/20 vision or better. Therefore, rising adoption of laser surgeries is estimated to restrict the market growth of eyewear.

Eyewear is unacceptable during active sports and some people find glasses inconvenient and uncomfortable or unattractive which is expected to hinder the market growth of eyewear. Moreover, eyewear can be lost or broken and also tend to fog up in cold or humid the weather which is further anticipated to restrict the adoption of eyewear, thereby hindering the market growth over the forecast period.

Market Opportunities

Increasing penetration of digital devices around the globe that expose eyes to artificial lights which are harmful is raising demand for eyeglasses, in turn, propelling the market growth of eyewear. Continuous exposure of the eye to digital screen such as mobile and tablets can affect human eyes and causes visual strain, thus growing digitalization is demanding eyewear products across the world and open new opportunities to the market over the forecast period.

Rising demand for prescription based spectacles and contact lenses due to age-related impairment such as presbyopia and other factor is propelling the market growth of eyewear According to World Health Organization (WHO), 2019, globally, at least 2.2 billion people have a vision impairment or blindness, of whom at least 1 billion have a vision impairment that could have been prevented or has yet to be addressed. Therefore, rising cases of vision impairments around the globe are anticipated to foster the market growth of eyewear. 

Figure 2. Global Eyewear Market – Opportunity Analysis

Eyewear  | Coherent Market Insights

Market Trends

The rising trend of diversifying eyewear products in terms of frames and shapes with the latest design in order to match with the ongoing fashion is expected to foster the market growth of eyewear. Shifting preference of consumers towards diversified eyewear designs and increasing adoption of iconic fashion >

Rising investment for enhancing the distribution channel by the manufacturer is expected to foster the market growth of eyewear over the forecast period. For instance, in December 2019, SoftBank Vision Fund has invested more than $275 million in omnichannel eyewear retailer Lenskart. As part of the investment, SoftBank will acquire stakes from some of the company’s early investors. Lenskart Solutions, the Delhi-based company that owns and operates the retail platform, will receive US$ 231 million as primary capital from SVF II Lightbulb, a Cayman Islands-registered affiliate of SoftBank, regulatory filings pertaining to the transaction.

Figure 3. Global Eyewear Market, Revenue Share (%), By Product Type, in 2018

Eyewear  | Coherent Market Insights

On the basis of product type, in 2018, Plano sunglasses segment has accounted the largest market share of 50.4% in terms of value, followed by spectacles and contact lenses respectively.

Competitive Section

Key players operating in global eyewear market are Luxottica Group SpA, Essilor International S.A, Carl Zeiss AG, Hoya Corporation (Life Care), Johnson & Johnson Vision Care, Inc., Cooper Companies Inc., Fielmann AG., Safilo Group Spa, Marcolin S.p.A., De Rigo S.p.A.

Few Recent Developments

Luxottica Group SpA

  • In January 2017, the company acquired Óticas Carol S.A., a Brazil-based leading optical franchisor for prescription frames and sunglasses. This was attributed to entry into the Brazilian optical retail business
  • In October 2016, the company, together with Intel, launched smart eyewear named Radar Pace. This product was developed by the company’s Oakley brand and Intel

Eyewear products includes spectacles, sunglasses, contact lenses, and goggles. These products are used for vision correction, eyes protection from environmental factors such as pollution, sunlight & UV rays and as fashion accessories. Apart from these applications, the eyewear products are used during welding process to protect eyes from high-intensity heat and light.

Market Dynamics

The global eyewear market has witnessed significant growth in recent past year, owing to the rising demand for prescription contact lenses and spectacles among consumers. Based on product type, global eyewear market is segmented in spectacles, Plano sunglasses, contact lenses, sportswear and eye care. Plano sunglasses dominated the global eyewear market in recent past years, owing to the rising trend in fashion accessories among consumers. Moreover, the rising demand for Plano sunglasses eyewear product is expected to boost the global eyewear market growth in forecast period.

Based on distribution channel, the global eyewear market is segmented into e-commerce & online, company franchises, hospitals, clinics, and multi-brand stores. Among these segments, the company franchises dominated the global eyewear market in 2018, owing to the rising number of branded company outlets and franchises which allows discounts on prices across the world.

Furthermore, Europe dominated the global eyewear market in 2018, owing to the increasing demand for prescription and non-prescription eyewear products among the consumer from this region. As a result, this scenario is estimated to foster the growth of global eyewear market in forecast timeframe.

Key features of the study:

  • This report provides in-depth analysis of the global eyewear market, market size (US$ Billion and Million Units), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019–2027).
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, eyewear products, regional outlook, and competitive strategy adopted by the leading players.
  • Key companies covered as a part of this study includes Luxottica Group SpA, Essilor International S.A, Carl Zeiss AG, Hoya Corporation (Life Care), Johnson & Johnson Vision Care, Inc., Cooper Companies Inc., Fielmann AG., Safilo Group Spa, Marcolin S.p.A., De Rigo S.p.A.
  • It profiles leading players in the global eyewear market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
  • The global eyewear market report caters to various stakeholders in this industry, including investors, product developers, distributors, eyewear product companies, research institutes, new entrants, and financial analysts.
  • Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global eyewear market.

Market Taxonomy

  • Global Eyewear Market, By Product Type:
    • Spectacles
    • Plano Sunglasses
    • Contact Lenses 
    • Sportswear 
    • Eye Care 
  • Global Eyewear Market, By Price Range:
    • Premium 
    • Mid
    • Low
  • Global Eyewear Market, By Distribution Channel:
    • E-Commerce/Online
    • Company Outlets/Franchises
    • Hospitals
    • Clinics
    • Multi-brand Stores 
  • Global Eyewear Market, By Geography:
    • North America
      • U.S.
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores 
      • Canada
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
    • Europe
      • U.K.
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Germany
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Italy
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • France
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Spain
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Nordic
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
          •  
      • Benelux
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Russia
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Poland
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Rest of Europe
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
    • Asia Pacific
      • China
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • India
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Japan
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • ASEAN
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Australia & New Zealand
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Rest of Asia Pacific
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
    • Latin America
      • Brazil
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Mexico
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Rest of Latin America
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
    • Middle East & Africa
      • GCC
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • South Africa
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
      • Rest of Middle East & Africa
        • By Product Type:
          • Spectacles
          • Plano Sunglasses
          • Contact Lenses 
          • Sportswear 
          • Eye Care 
        • By Price Range:
          • Premium 
          • Mid
          • Low
        • By Distribution Channel:
          • E-Commerce/Online
          • Company Outlets/Franchises
          • Hospitals
          • Clinics
          • Multi-brand Stores
  • Company Profiles
    • Luxottica Group SpA *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Essilor International S.A
    • Carl Zeiss AG
    • Hoya Corporation (Life Care)
    • Johnson & Johnson Vision Care, Inc.
    • Cooper Companies Inc.
    • Fielmann AG.
    • Safilo Group Spa
    • Marcolin S.p.A.
    • De Rigo S.p.A.

“*” marked represents similar segmentation in other categories in the respective section

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Price Range
      • Market Snippet, By Distribution channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Eyewear Market, By Product Type, 2017 - 2027 (US$ Billion and Million Units)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Spectacles
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Plano Sunglasses
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Contact Lenses
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Sportswear
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Eye Care
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
  5. Global Eyewear Market, By Price Range, 2017 - 2027 (US$ Billion and Million Units)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Premium
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Mid
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Low
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
  6. Global Eyewear Market, By Distribution Channel, 2017 - 2027 (US$ Billion and Million Units)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • E-commerce/Online
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Company Outlets/ franchises
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
    • Multi-brand Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Million Units)
  7. Global Eyewear Market, By Region, 2017- 2027 (US$ Billion and Million Units)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Nordic
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Benelux
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Poland
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Price Range, 2017- 2027 (US$ Billion and Million Units)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion and Million Units)
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Luxottica Group SpA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Essilor International S.A
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Carl Zeiss AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Hoya Corporation (Life Care)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Johnson & Johnson Vision Care, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Cooper Companies Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Fielmann AG.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Safilo Group Spa, Marcolin S.p.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • De Rigo S.p.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global Eyewear Market” – global forecast to 2027

Frequently Asked Questions

The global eyewear market is estimated to reach around US$ 461.6 Billion by 2027.
Major players operating in the global eyewear market include Luxottica Group SpA, Essilor International S.A, Carl Zeiss AG, Hoya Corporation (Life Care), Johnson & Johnson Vision Care, Inc., Cooper Companies Inc., Fielmann AG., Safilo Group Spa, Marcolin S.p.A., and De Rigo S.p.A.
Among product type, Plano sunglasses segment accounted the largest market share of 50.4% in terms of value, in 2018 followed by spectacles and contact lenses respectively
Demographic changes such as age, eye problems such as myopia, glaucoma, and fashion style among youngsters, and growing awareness about eye healthare some of the major factors that are expected to propel growth of the market over the forecast period.
The global eyewear market is estimated to exhibit a CAGR of 6.0% over the forecast period
Among regions, Europe held a dominant position in the global eyewear market, in 2018, accounting for 36% share in terms of revenue, followed by North America and Asia Pacific respectively
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