North America Eyewear Market - Industry Insights, Size, Share, Trends, and Opportunity Analysis, 2018-2026

  • Published On : Feb 2018 |
  • Pages : 400 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Global Eyewear Market - Insights

Eyewear is an important accessory that aid in numerous visual defects such as myopia and hyperopia. Apart from this, it is used as a fashion accessory and for protection against sunlight and harmful U.V. radiations. Eyeglasses are also used in industries for protection against debris and for welding, in order for protection against high intensity light and heat. Factors such as acute myopia at a younger age and rising awareness about eye health are expected to drive growth of the eyewear market over the forecast period. For instance, according to WHO in 2017, around 253 million people had vision impairment of which 36 million were blind and 217 million had moderate to severe vision impairment, globally. The increasing use of computers and smartphones results has resulted in rising cases of Computer vision syndrome (CVS) caused due to focusing the eyes on a computer or other display device for long. This is expected to be another factor driving the growth of the eyewear market. Apart from this the changing fashion trends and availability of new lens technologies is expected to drive the growth of the market. For instance Chinese police have launched sunglasses with built-in facial recognition which are still in their testing stages. These factors are expected to drive the growth of the global eyewear market

However, rising awareness and implementation of techniques for vision correction such as LASIK (Laser-Assisted in Situ Keratomileusis) in addition to PRK (Photorefractive Keratectomy) are major restraints that could hamper growth of the global eyewear market.

Specialty stores segment dominated the global eyewear market and is expected to continue its dominance over the forecast period. This is owing to specialty stores being the most preferred channel for end users to purchase spectacles, as they receive a wide range of services at these stores that include eye examination tests apart from services such as consultation from professional optometrists. However, online channel segment is expected to be the fastest growing segment over the forecast period. Eyewear manufacturers are focusing on offering their products through online distribution channels such as Lenskart and KREWE, in order to enhance their online presence and expand customer base. These distribution channels enable manufacturers to offer a large product portfolio along with the option of instant testing and receiving immediate feedback of the customers.

Europe was the most dominant market in terms of revenue share in 2016 and is expected to continue its dominance over the forecast period. European market was valued at over US$ 32.15 billion in 2016, due to high demand for eyewear, especially for premium sunglasses coupled with the presence of major eyewear manufacturers such as Luxottica and Safilo in Europe. End-users are increasing adopting scratch proof, Anti-Reflective, and UV protection eyewear resulting in an increasing demand for eyewear in this region. Moreover, major eyewear manufacturers such as Luxottica and Safilo are based in Europe, which is another factor for the dominance of the region. Asia Pacific is projected to be the fastest growing region in the eyewear market, witnessing a CAGR of 8.63% over the forecast period.  The reason for the same is due to the rising penetration of international eyewear brands such as Rayban, Dior and D&G amongst others in the Asia Pacific region. Apart from this the large population suffering from visual defects coupled with a low usage of any visual correction aids provides the manufacturers with a huge untapped market. For instance according to the Asia Pacific Optometrists Organization, India in 2014 approximately 153 million people in India required spectacles but do not have access to them.

Figure1.  Global Eyewear Market Share (%), By Product Type, 2016

eyewear market

Source: Coherent Market Insights (2018)

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Among product types, spectacles is the dominant segment and accounted for 48.62% of the market share in 2016 and is expected to increase to 49.32% by 2025. Rising geriatric population and increasing prevalence of visual disorders are major factors expected to drive demand for spectacles. For instance, according to the WHO, about half of all 65-year-old Americans had some degree of cataract formation in their eyes with the percentage higher among 70 year olds in 2016. The WHO estimates around 2 billion people across the world are expected to cross 60 years of age by 2050, which is triple than in 2000. This is expected to lead to rising demand for spectacles. This could be a major driver for growth of the spectacles segment.

Companies are adopting various organic and inorganic growth strategies in order to increase their share. For instance, in January 2017, Essilor International SA and Luxottica Group S.p.A entered into merger agreement, in order to improve its position in the global eyewear market.

Some of the major market players operating in the eyewear market include Luxottica Group S.p.A, Valeant Pharmaceuticals International Inc., Fielmann A.G., CooperVision Inc., Safilo Group S.p.A., Carl Zeiss A.G. and Essilor International among others.

Eyewear accessories help in improving visual acuity caused due to myopia and hyperopia. Eyewear is also used as a fashion accessory and for the protection of eyes from debris, dust and harmful radiations such as UV rays or excessive sunlight. Excessive exposure of eye to U.V. radiation or sunlight causes several disease and conditions such as macular degeneration, cataracts, pterygium, photokeratitis and may result in temporary to permanent vision lost.

Market Dynamics

Increasing geriatric population globally coupled with rising prevalence of visual disorders are major driving factors, expected to drive growth of the global eyewear market. For instance, according to the World Health Organization, the number of people falling in the age group of 65 and above is estimated to be 1.5 billion in 2050. Further, changing fashion trends globally is expected to spur demand for sunglasses, globally. However, laser corrective techniques that are available to treat eye disorders could hamper growth of the market.

Europe held the dominant position in the global eyewear market in 2016, due to the increasing prevalence of defects related to the eye in the region. According to the WHO about 24.3% of the overall European population suffers from myopia, and the condition is nearly twice as common in younger people and around 47% of those of aged between 25 and 29 years have myopia. Apart from this, presence of leading industry players such as Luxottica Group S.p.A in Europe is another factor for significant growth of the regional market.

Asia Pacific is projected to be the fastest growing region in the global eyewear market over the forecast period, owing to rising demand for spectacles and sunglasses amongst the emerging economies such as China and India. According to the WHO, the geriatric population in the Asia Pacific region is projected to reach to nearly 923 million by 2050. This is expected to lead to rise in demand for spectacles, due to increasing visual disorders that tend to develop amongst the geriatric population. Moreover, key players are focusing on increasing awareness regarding numerous visual defects in various rural areas through programs and this is expected to aid manufacturers in enhancing their market share. For instance, in 2015, Essilor Vision Foundation team in India began an extensive program with the goal of giving 90,000 school children access to vision screenings and distribute free glasses.

Key features of the study:

  • This report provides in-depth analysis of the eyewear market, market size (US$ Bn), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025)
  • It elucidates potential revenue opportunities 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.
  • 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 companies, research institutes, new entrants, and financial analysts
  • Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the eyewear market

Detailed Segmentation:

  • Global Eyewear Market, By Product Type:
    • Spectacles
    • Sunglasses
    • Contact Lenses
    • Others
  • Global Eyewear Market, By Distribution Channel:
    • Online
    • Supermarkets
    • Hypermarkets
    • Specialty Stores
    • Others
  • Global Eyewear Market, By End User:
    • Men
    • Women
    • Kids
  • Global Eyewear Market, By Geography:
    • North America
      • U.S.
        •  By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Canada
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • U.K.
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Germany
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Italy
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • France
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Russia
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Rest of Europe
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
    • Asia Pacific
      • China
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • India
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Japan
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • ASEAN
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Australia
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • South Korea
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Rest of Asia Pacific
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
    • Latin America
      • Brazil
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
            •  
      • Mexico
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Rest of Latin America
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
    • Africa
      • North Africa
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Central Africa
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • South Africa
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
    • Middle East
      • GCC
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Israel
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
      • Rest of Middle East
        • By Product Type:
          • Spectacles
          • Sunglasses
          • Contact Lenses
          • Others
        •  By Distribution Channel:
          • Online
          • Supermarkets
          • Hypermarkets
          • Specialty Stores
          • Others
        •  By End User:
          • Men
          • Women
          • Kids
  • Company Profiles
    • Luxottica Group S.p.A *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Fielmann AG
    • Safilo Group S.p.A.,
    • CooperVision Inc.
    • Essilor International
    • Carl Zeiss A.G.
    • Maui Jim, Inc.
    • De Rigo Vision S.p.A. 

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

Table of Contents

  1. Research Objective and assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Product Type
      • Market Snippet By Distribution Channel
      • Market Snippet By End-User 
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Market Drivers
      • Market Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Eyewear Market, By Product Type, 2016-2025  (USD Million)
    • Introduction
      • Market Share Analysis, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, 2016-2025
      • Segment Trends
    • Spectacles
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
    • Sunglasses
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
    • Contact Lenses
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
  5. Global Eyewear Market, By Distribution Channel, 2016-2025 (USD Million)
    • Introduction
      • Market Share Analysis, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, 2016-2025
      • Segment Trends
    • Online
      • Introduction
      • Market Share Analysis, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, 2016-2025
    • Supermarkets
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
    • Hypermarkets
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
    • Specialty Stores     
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
  6. Global Eyewear Market, By End-User, 2016-2025  (USD Million)
    • Introduction
      • Market Share Analysis, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, 2016-2025
      • Segment Trends
    • Men
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
    • Women
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
    • Kids
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016-2025,  (USD Million)
  7. Global Eyewear Market, By Regions, 2016-2025  (USD Million)
    • Introduction
      • Market Share Analysis, By Region, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, For Regions, 2016-2025
    • North America
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2016-2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
    • Europe
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2016-2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Others
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2016-2025
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Others
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
    • Latin America
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2016-2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Others
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
    • Africa
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2016-2025
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
    • Middle East
      • Market Share Analysis, By Country, 2015 and 2024 (%)
      • Y-O-Y Growth Analysis, By Country, 2016-2025
        • GCC Countries
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016-2025  (USD Million)
          • Market Size and Forecast, By Distribution Channel  , 2016-2025  (USD Million)
          • Market Size and Forecast, By End-User  , 2016-2025  (USD Million)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Luxottica Group S.p.A
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Fielmann A.G.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Safilo Group S.p.A.,
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • CooperVision Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Essilor International
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Carl Zeiss A.G.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Maui Jim, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • De Rigo Vision S.p.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 90 market data tables and 40 figures on "Eyewear Market - Global forecast to 2024”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.