Global Eyewear Market size was valued US$ 105.5 Bn in 2020 and the total revenue is expected to grow at 8.19 % through 2021 to 2027, reaching US$ 183.05 Bn. To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report. COVID-19 impact on market: COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma.
Global Eyewear Market Overview:The global market size is expected to reach USD 183.05 Bn by 2027, exhibiting a CAGR of 8.19 percent during the forecast period. The increase in the acceptance of influencer marketing methods has led to meaningful consumer interaction, which is anticipated to drive the market during the forecast period. Endorsements by influencers have improved the demand for designer & premium eyewear worldwide. Key companies using influencer marketing approaches has led consumers to use trendy designs as showcased by celebrities. Greater commitment rates offered by small-influencers is further endorsing emerging eyewear companies to control these plans to capture higher revenue share. Additionally, the acceptance of such marketing approaches allow eyewear companies to generate alertness regarding new product launches, create drives to target dissimilar sections of the society, as well as create a more relatable public image. Increased awareness helps manufactures to penetrate deeper into the market & cater to the requirements of the niche populace, which enables new & established players in the market to confirm continual business practices. Product Overview The technological advancement has added to the new stages of comfort & durability in spectacle manufacturing. Improvements in the spectacle lens manufacturing technology have allowed manufacturers to produce lenses with advanced indexes for wider ranges of spherical power, which advances the functionality & aestheticism of the spectacles. Developing eyewear businesses, with Dresden Optics Pty. Ltd., are leveraging a new type of business model, which allows consumers to customize their frames. This approach has enabled the establishment to start mass-production of spectacles, which are sold at very low prices, hence offering promising growth prospects to the market for eyewear.
Global Eyewear Market Region Analysis:The Asia Pacific led the market for eyewear in 2020. The increasing number of cases of myopia recorded in China is pressing the need to use corrective eyewear. Additionally, key market players like PRADA, operate manufacturing centers in China, to access improved technology & low-value labor. North America captured a major amount of revenue share in the year 2020. Government rules by numerous federal bodies like the Federal Trade Commission (FTC) & the U.S. Customs & Border Security have caused in the effective & nontoxic use & distribution of eyewear products. The regulators make sure to counter sales & distribution of fake products, thus endorsing companies to practice lucrative, safe, & accountable business models. Furthermore, data published by the FTC showcases an increasing trend of independent Eye care Specialists out-performing other retail chains due to the availability of inexpensive products & cost-effective services, which is pouring the market for eyewear in the Asia-Pacific region. The objective of the report is to present a comprehensive analysis of the Global Eyewear Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.
Global Eyewear Market Key Highlights:• Global Eyewear Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the global market • Global Eyewear Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Global market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Eyewear Market are also profiled.
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Global Eyewear Market, by Product• Contact Lenses • Spectacles
Global Eyewear Market, by Distribution Channel• Offline • Online
Global Eyewear Market, by Region• North America • Europe • Asia-Pacific • MEA & Africa • Latin America
Global Eyewear Market Key Players• Bausch and Lomb Inc. • Carl Zeiss AG • Charmant Group • CooperVision • Warby Parker • EssilorLuxotttica • Zeiss International • HOYA Corporation • Johnson & Johnson Vision Care, Inc. • Cooper Vision • Fielmann AG • Safilo Group S.p.A. • Marcolin SpA. • De Rigo Vision S.p.A • Alcon • Marchon Eyewear, Inc. • Charmant Inc. • MAUI JIM, INC. • Bausch & Lomb • Fittingbox Frequently Asked Questions: 1. Which region has the largest share in Global Eyewear Market? Ans: Asia Pacific region holds the highest share in 2020. 2. What is the growth rate of Global Eyewear Market? Ans: The Global Eyewear Market is growing at a CAGR of 8.19% during forecasting period 2021-2027. 3. What segments are covered in Global Eyewear market? Ans: Eyewear Market is segmented into product, distribution channel and region. 4. Who are the key players in Global Eyewear market? Ans: The important key players in the Global Eyewear Market are – Bausch and Lomb Inc., Carl Zeiss AG, Charmant Group, CooperVision, Warby Parker, EssilorLuxotttica, Zeiss International, HOYA Corporation, Cooper Vision, Fielmann AG, Safilo Group S.p.A., Marcolin SpA., De Rigo Vision S.p.A, Alcon, Marchon Eyewear, Inc., Charmant Inc., MAUI JIM, INC., Bausch & Lomb, Fittingbox 5. What is the study period of this market? Ans: The Global Eyewear Market is studied from 2020 to 2027.
Global Eyewear Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 126.96.36.199. Secondary data 188.8.131.52. Secondary Sources 2.3.2. Primary Research 184.108.40.206. Data from Primary Sources 220.127.116.11. Breakdown of Primary Sources 3. Executive Summary: Global Eyewear Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Eyewear Market Analysis and Forecast 7. Global Eyewear Market Analysis and Forecast, by Product 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Eyewear Market Value Share Analysis, by Product 7.4. Global Eyewear Market Size (US$ Mn) Forecast, by Product 7.5. Global Eyewear Market Analysis, by Product 8. Global Eyewear Market Analysis and Forecast, by Distribution Channel 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Eyewear Market Value Share Analysis, by Distribution Channel 8.4. Global Eyewear Market Size (US$ Mn) Forecast, by Distribution Channel 8.5. Global Eyewear Market Analysis, by Distribution Channel 8.6. Global Eyewear Market Attractiveness Analysis, by Distribution Channel 9. Global Eyewear Market Analysis and Forecast, by Region 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Eyewear Market Value Share Analysis, by Region 9.4. Global Eyewear Market Size (US$ Mn) Forecast, by Region 9.5. Global Eyewear Market Analysis, by Region 10. Global Eyewear Market Analysis 10.1. Key Findings 10.2. Global Eyewear Market Overview 10.3. Global Eyewear Market Forecast, by Product 10.3.1. Contact Lenses 10.3.2. Spectacles 10.4. Global Eyewear Market Forecast, by Distribution Channel 10.4.1. Offline 10.4.2. Online 10.5. Global Eyewear Market Forecast, by Region 10.5.1. North America 10.5.2. Europe 10.5.3. Asia-Pacific 10.5.4. MEA & Africa 10.5.5. Latin America 10.6. PEST Analysis 10.7. Key Trends 10.8. Key Developments 11. North-America Eyewear Market Analysis 11.1. Key Findings 11.2. North America Eyewear Market Forecast, by Product 11.2.1. Contact Lenses 11.2.2. Spectacles 11.3. North America Eyewear Market Forecast, by Distribution Channel 11.3.1. Offline 11.3.2. Online 11.4. North America Eyewear Market Forecast, by Country 11.4.1. US 11.4.2. Canada 11.5. US Eyewear Market Forecast, by Product 11.5.1. Contact Lenses 11.5.2. Spectacles 11.6. US Eyewear Market Forecast, by Distribution Channel 11.6.1. Offline 11.6.2. Online 11.7. Canada Eyewear Market Forecast, by Product 11.7.1. Contact Lenses 11.7.2. Spectacles 11.8. Canada Eyewear Market Forecast, by Distribution Channel 11.8.1. Offline 11.8.2. Online 11.9. PEST Analysis 11.10. Key Trends 11.11. Key Developments 12. Europe Eyewear Market Analysis 12.1. Key Findings 12.2. Europe Eyewear Market Overview 12.3. Europe Eyewear Market Forecast, by Product 12.3.1. Contact Lenses 12.3.2. Spectacles 12.4. Europe Eyewear Market Forecast, by Distribution Channel 12.4.1. Offline 12.4.2. Online 12.5. Europe Eyewear Market Forecast, by Country 12.5.1. UK 12.5.2. France 12.5.3. Germany 12.5.4. Russia 12.5.5. Italy 12.5.6. Rest of Europe 12.6. UK Eyewear Market Forecast, by Product 12.6.1. Contact Lenses 12.6.2. Spectacles 12.7. UK Eyewear Market Forecast, by Distribution Channel 12.7.1. Offline 12.7.2. Online 12.8. France Eyewear Market Forecast, by Product 12.8.1. Contact Lenses 12.8.2. Spectacles 12.9. France Eyewear Market Forecast, by Distribution Channel 12.9.1. Offline 12.9.2. Online 12.10. Germany Eyewear Market Forecast, by Product 12.10.1. Contact Lenses 12.10.2. Spectacles 12.11. Germany Eyewear Market Forecast, by Distribution Channel 12.11.1. Offline 12.11.2. Online 12.12. Russia Eyewear Market Forecast, by Product 12.12.1. Contact Lenses 12.12.2. Spectacles 12.13. Russia Eyewear Market Forecast, by Distribution Channel 12.13.1. Offline 12.13.2. Online 12.14. Italy Eyewear Market Forecast, by Product 12.14.1. Contact Lenses 12.14.2. Spectacles 12.15. Italy Eyewear Market Forecast, by Distribution Channel 12.15.1. Offline 12.15.2. Online 12.16. Spain Eyewear Market Forecast, by Product 12.16.1. Contact Lenses 12.16.2. Spectacles 12.17. Spain Eyewear Market Forecast, by Distribution Channel 12.17.1. Offline 12.17.2. Online 12.18. Rest of Europe Eyewear Market Forecast, by Product 12.18.1. Contact Lenses 12.18.2. Spectacles 12.19. Rest of Europe Eyewear Market Forecast, by Distribution Channel 12.19.1. Offline 12.19.2. Online 12.20. PEST Analysis 12.21. Key Trends 12.22. Key Developments 13. Asia-Pacific Eyewear Market Analysis 13.1. Key Findings 13.2. Asia Pacific Eyewear Market Overview 13.3. Asia Pacific Eyewear Market Forecast, by Product 13.3.1. Contact Lenses 13.3.2. Spectacles 13.4. Asia Pacific Eyewear Market Forecast, by Distribution Channel 13.4.1. Offline 13.4.2. Online 13.5. Asia Pacific Eyewear Market Forecast, by Country 13.5.1. China 13.5.2. India 13.5.3. Japan 13.5.4. Malaysia 13.5.5. Indonesia 13.5.6. Rest of Asia-Pacific 13.6. China Eyewear Market Forecast, by Product 13.6.1. Contact Lenses 13.6.2. Spectacles 13.7. China Eyewear Market Forecast, by Distribution Channel 13.7.1. Offline 13.7.2. Online 13.8. India Eyewear Market Forecast, by Product 13.8.1. Contact Lenses 13.8.2. Spectacles 13.9. India Eyewear Market Forecast, by Distribution Channel 13.9.1. Offline 13.9.2. Online 13.10. Japan Eyewear Market Forecast, by Product 13.10.1. Contact Lenses 13.10.2. Spectacles 13.11. Japan Eyewear Market Forecast, by Distribution Channel 13.11.1. Offline 13.11.2. Online 13.12. Indonesia Eyewear Market Forecast, by Product 13.12.1. Contact Lenses 13.12.2. Spectacles 13.13. Indonesia Eyewear Market Forecast, by Distribution Channel 13.13.1. Offline 13.13.2. Online 13.14. Malaysia Eyewear Market Forecast, by Product 13.14.1. Contact Lenses 13.14.2. Spectacles 13.15. Malaysia Eyewear Market Forecast, by Distribution Channel 13.15.1. Offline 13.15.2. Online 13.16. Rest of Asia Pacific Eyewear Market Forecast, by Product 13.16.1. Contact Lenses 13.16.2. Spectacles 13.17. Rest of Asia Pacific Eyewear Market Forecast, by Distribution Channel 13.17.1. Offline 13.17.2. Online 13.18. PEST Analysis 13.19. Key Trends 13.20. Key Developments 14. MEA & Africa Eyewear Market Analysis 14.1. Key Findings 14.2. ME &Africa Eyewear Market Overview 14.3. ME &Africa Eyewear Market Forecast, by Product 14.3.1. Contact Lenses 14.3.2. Spectacles 14.4. ME &Africa Eyewear Market Forecast, by Distribution Channel 14.4.1. Offline 14.4.2. Online 14.5. ME &Africa Eyewear Market Forecast, by Country 14.5.1. GCC 14.5.2. South Africa 14.5.3. Rest of MEA & Africa 14.6. GCC Eyewear Market Forecast, by Product 14.6.1. Contact Lenses 14.6.2. Spectacles 14.7. GCC Eyewear Market Forecast, by Distribution Channel 14.7.1. Offline 14.7.2. Online 14.8. South Africa Eyewear Market Forecast, by Product 14.8.1. Contact Lenses 14.8.2. Spectacles 14.9. South Africa Eyewear Market Forecast, by Distribution Channel 14.9.1. Offline 14.9.2. Online 14.10. Rest of ME &Africa Eyewear Market Forecast, by Product 14.10.1. Contact Lenses 14.10.2. Spectacles 14.11. Rest of ME &Africa Eyewear Market Forecast, by Distribution Channel 14.11.1. Offline 14.11.2. Online 14.12. PEST Analysis 14.13. Key Trends 14.14. Key Developments 15. Latin America Eyewear Market Analysis 15.1. Key Findings 15.2. Latin America Eyewear Market Overview 15.3. Latin America Eyewear Market Forecast, by Product 15.3.1. Contact Lenses 15.3.2. Spectacles 15.4. Latin America Eyewear Market Forecast, by Distribution Channel 15.4.1. Offline 15.4.2. Online 15.5. Latin America Eyewear Market Forecast, by Country 15.5.1. Mexico 15.5.2. Brazil 15.5.3. Rest of Latin America 15.6. Mexico Eyewear Market Forecast, by Product 15.6.1. Contact Lenses 15.6.2. Spectacles 15.7. Mexico Eyewear Market Forecast, by Distribution Channel 15.7.1. Offline 15.7.2. Online 15.8. Brazil Eyewear Market Forecast, by Product 15.8.1. Contact Lenses 15.8.2. Spectacles 15.9. Brazil Eyewear Market Forecast, by Distribution Channel 15.9.1. Offline 15.9.2. Online 15.10. Rest of Latin America Eyewear Market Forecast, by Product 15.10.1. Contact Lenses 15.10.2. Spectacles 15.11. Rest of Latin America Eyewear Market Forecast, by Distribution Channel 15.11.1. Offline 15.11.2. Online 15.12. PEST Analysis 15.13. Key Trends 15.14. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Market Share Analysis, by Region 16.3. Market Share Analysis, by Country 16.4. Competition Matrix 16.4.1. Competitive Benchmarking of key players by price, presence, market share, Raw material and R&D investment 16.4.2. New Raw material Launches and Raw material Enhancements 16.4.3. Market Consolidation 18.104.22.168. M&A by Regions, Investment and Raw material 22.214.171.124. M&A Key Players, Forward Integration and Backward Integration 16.5. Company Profiles: Key Players 16.5.1. Bausch and Lomb Inc. 16.5.2. Carl Zeiss AG 16.5.3. Charmant Group 16.5.4. CooperVision 16.5.5. Warby Parker 16.5.6. EssilorLuxotttica 16.5.7. Zeiss International 16.5.8. HOYA Corporation 16.5.9. Johnson & Johnson Vision Care, Inc. 16.5.10. Cooper Vision 16.5.11. Fielmann AG 16.5.12. Safilo Group S.p.A. 16.5.13. Marcolin SpA. 16.5.14. De Rigo Vision S.p.A 16.5.15. Alcon 16.5.16. Marchon Eyewear, Inc. 16.5.17. Charmant Inc. 16.5.18. MAUI JIM, INC. 16.5.19. Bausch & Lomb 16.5.20. Fittingbox 17. Primary Key Insights.