Top 10 Companies with an Established Presence in the Global Eyewear Market

Luxottica Group S.p.A., Essilor of America, Johnson & Johnson Vision Care, Inc. (Johnson & Johnson Medical GmbH), Safilo Group S.p.A, Alcon Vision LLC, Prada S.p.A., Oakley, Inc., Silhoutte International Schmied AG, LVMH Group, and Cooper Companies Inc., among others, are the major players in the global eyewear market. 

The global eyewear market is expected to grow at a CAGR of about 3.10% in the forecast period of 2023-2028. As per the analysis by Expert Market Research, the market is expected to be driven by increasing demand for customised and premium eyewear products. 

Eyewear is mostly used for shielding the eyes from sunlight, harmful radiations, or debris and for correcting vision. The increasing prevalence of visual impairment in people worldwide are expected to drive the growth of the market for eyewear. 

Awareness campaigns are carried out in the developing countries where visual disabilities are commonly undetected as well as uncorrected. Free eye check-up camps are set up in order to increase awareness among the public regarding the importance of eye exams which is another factor helping in the growth of the global eyewear market. Ophthalmic disorders such as presbyopia, myopia, and hypermetropia have become prevalent especially among the geriatric population which acts a major market driving factor. 

Technology is paving a new way for the eyewear industry to grow by designing and manufacturing varieties of eye wear products. Plain glass has been replaced with high tech-plastic that is lightweight, durable, and also protect the eyes from UV rays. 

Polarised lenses provide better vision service at night and for rainy weather as they have anti-glare features. Omni focal lens are used by those that are near and far sighted, helping them switch from one vision to another swiftly. Moreover, sports eyewear and real-time try-on features available in online stores are greatly contributing to the growth of the market. 

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Top 10 Eyewear Companies in the World:

Luxottica Group S.p.A.

Luxottica Group S.p.A is an Italian eyewear company that specialises in the design, manufacture, and supply of eyewear for various purposes such as fashion, sports, performance, and luxury. It is known for creating premium quality products that also have characteristics of being durable and safe. They are constantly researching, innovating, and designing to produce high-tech and quality eyewear. 

Essilor of America, Inc.

Essilor of America, Inc. provides the world with top quality eyewear products. Some of the exceptional lenses provided by them are light intelligent lenses that easily adapt to changing light without making the user uncomfortable and provide protection in all conditions. Their no-glare lenses give a crystal clear vision along with smudge and scratch resistance while their progressive lenses are known to provide sharp vision with easy transitions for any distance. The company offers polarised prescription sunglasses mainly for protection and vision under the sun, single vision lenses which help prevent eye strain, and various other products with unique qualities. 

Johnson & Johnson Vision Care (Johnson & Johnson Medical GmbH)

Johnson & Johnson Vision Care innovates and manufactures with a vision to help the world improve their vision for a better life ahead. They provide a variety of eye care solutions ranging from protection and to treatment, including disposable contact lenses. Their manufacturing processes are highly automated with the use of robotics, sterilisation systems, and vision and injection moulding. 

Safilo Group S.p.A

Safilo Group S.p.A is an Italian eyewear company that is known for designing, producing, and supplying sunglasses, ski goggles, prescription frames, helmets, cycling helmets, and sports eyewear. They create products with resources that are sustainable and have quality, based on growing trends and technological improvements. They make products their in-house brands and for some licensed brands as well. 

Alcon Vision LLC

Alcon Vision LLC is an eyecare company that provides eyecare products to improve the vision of users, ultimately improving their lives. They provide products for defects such as glaucoma, refractive errors, cataracts, and retinal diseases. They manufacture and deliver eye solutions including cataract lenses, eye drops, cataract treatments, and LASIK using refractive technologies, vitreoretinal surgery, and other resources. 

Prada S.p.A.

Prada S.p.A. is a luxury fashion company that manufactures travel accessories, glasses, shoes, leather handbags, and other fashion accessories. They have a network in about 70 countries with 635 stores including e-retailers, departmental stores, and commerce channels all around the world, enhancing their business. 

Oakley, Inc.

Oakley, Inc. specialises in the manufacture of sunglasses, sports equipment, shoes, backpacks, goggles, watches, optical frames, and various other products. They manufacture and supply premium quality goods and products that are safe and affordable for consumers. They provide a variety of glasses for bikers, cyclists, skiers, tennis players, climbers, and hikers. Sunglasses made by them are suited for athletes as they are durable and strong. 

Cooper Companies Inc.

Cooper Companies Inc. is a medical device company that is also known for manufacturing soft contact lens that are made to eradicate vision challenges and provide comfort to users. It focusses on improving the health of people with its wide range of products and services including diagnostics and other tests. 

Silhoutte International Schmeid AG

Silhoutte International Schmeid AG is known for innovative eyewear of the top quality. It started as a small set up and now has grown into a global market in the rimless eyeglasses segment. With the help of top craftsmanship, it focuses on exceptional designs and quality, enhancing the look of a person without compromising on vision. 

LVMH Group

LMVH Group is a French multinational company that gets its inspiration from creativity and heritage to manufacture retail luxury goods and jewellery. They constantly strive to make sure that their products leave a positive impact on the environment and on the communities that purchase from them. They are involved in manufacturing and providing products for both men and women across a variety of product categories.