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Global Eyewear Market Size, Share, Trends, Growth, Report: By Product: Spectacles, Sunglasses, Contact Lenses; By Gender: Men, Women, Unisex; By Distribution Channel: Optical Stores, Independent Brand Showrooms, Online Stores, Retail Stores; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Eyewear Market Outlook
The global eyewear market size reached approximately USD 136.66 billion in 2023. The market is projected to grow at a CAGR of 3.10% between 2024 and 2032, reaching a value of around USD 180.15 billion by 2032.
Key Takeaways
| Topic | Information |
| Smart Eyewear | Represents a growing segment, incorporating features like augmented reality, health tracking, and connectivity with other devices. |
| Health and Wellness | Consumers are seeking eyewear that can offer improved protection against UV and blue light. |
| Online Eyewear Shopping | Virtual try-on technology, online eye tests, and the convenience of home delivery are making online eyewear shopping increasingly popular. |
The common forms of eyewear include glasses (also called eyeglasses or contacts), sunglasses, contact lenses and utilitarian forms of eye protection, such as spectacles and goggles. Eyewear items are usually used to correct vision and shield the eyes from unnecessary glare, debris, or harmful radiation. The frames and lenses of these objects are mainly made of plastic and glass.
The increase in the number of visual deficiencies as well as the increasing awareness of eye exams are expected to stimulate the eyewear market growth. The increase in the number of ophthalmic disorders such as myopia, presbyopia, and hypermetropia among the ageing population is also a significant contributor to the market. A significant percentage of the population in developing countries, such as India, Brazil, and Mexico, suffer from visual disabilities that are usually undetected and not corrected. As a result, government and private organisations in these economies are undertaking eye-care awareness campaigns which is expected to boost the eyewear market sales.
Eyewear Market Report Snapshots
Eyewear Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Eyewear Market Analysis
8.1 Key Industry Highlights
8.2 Global Eyewear Historical Market (2018-2023)
8.3 Global Eyewear Market Forecast (2024-2032)
8.4 Global Eyewear Market by Product
8.4.1 Spectacles
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Sunglasses
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Contact Lenses
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Eyewear Market by Gender
8.5.1 Men
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Women
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Unisex
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Eyewear Market by Distribution Channel
8.6.1 Optical Stores
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Independent Brand Showrooms
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Online Stores
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Retail Stores
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.7 Global Eyewear Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Eyewear Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Eyewear Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Eyewear Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Eyewear Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Eyewear Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Luxottica Group S.p.A.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Essilor of America, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Johnson & Johnson Vision Care, Inc. (Johnson & Johnson Medical GmbH)
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Safilo Group S.p.A
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Alcon Vision LLC
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Prada S.p.A.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Oakley, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 The Cooper Companies Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Silhouette International Schmied AG
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 LVMH Group
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Eyewear Market: Key Industry Highlights, 2018 and 2032
2. Global Eyewear Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Eyewear Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Eyewear Historical Market: Breakup by Gender (USD Billion), 2018-2023
5. Global Eyewear Market Forecast: Breakup by Gender (USD Billion), 2024-2032
6. Global Eyewear Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global Eyewear Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Global Eyewear Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Eyewear Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Eyewear Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Eyewear Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Eyewear Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Eyewear Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Eyewear Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Eyewear Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Eyewear Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Eyewear Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Eyewear Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Eyewear Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Eyewear Market Structure
Key Questions Answered in the Report
In 2023, the global eyewear market attained a value of nearly USD 136.66 billion.
The market is projected to grow at a CAGR of 3.10% between 2024 and 2032.
The market is estimated to grow in the forecast period of 2024-2032 to attain a value of more than USD 180.15 billion by 2032.
The major drivers of the market are rising disposable incomes, growing consumer focus on appearance and aesthetics, increasing public awareness regarding eyecare, rising demand from the developing regions, increasing prevalence of visual deficiencies and ophthalmic disorders, and growing technological advancements.
The key trends guiding the growth of the eyewear market include the availability of premium and customised eyewear products and the increasing purchases from online stores.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Europe accounting for the largest market share.
Spectacles represent the leading product type in the market.
The significant segments based on gender include men, women, and unisex.
The major distribution channels of the product include optical stores, independent brand showrooms, online stores, and retail stores.
The major players in the market are Luxottica Group S.p.A., Essilor of America, Inc., Johnson & Johnson Vision Care, Inc. (Johnson & Johnson Medical GmbH), Safilo Group S.p.A, Alcon Vision LLC, Prada S.p.A., Oakley, Inc., The Cooper Companies Inc., Silhouette International Schmied AG, and LVMH Group, among others.
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