Eyewear is a device used for protection from harmful UV lights or correction of vision. There is an increasing focus of premium brands as the belief of quality products and attractive designs boost the growth of the eyewear industry. Furthermore, rising eye problems among teenagers and cataract problems for aged peoples, including elders with presbyopia and myopia are driving value growth for eyewear globally. Asian countries such as India and China are the leading countries in the global eyewear marketplace. The adoption of digital tools, such as virtual try-on and tele-optometry, through which eye test is done nowadays, are the factors accelerating the growth of the e-commerce delivery platform. The global eyewear market will surpass US$ 150.43 Billion by the end of 2026.
In global eyewear market is segmented into spectacles, sunglasses, contact lenses and eyewear frame. The spectacles segment further divided into frames and lens. Sunglasses have segmented into Plano and prescription sunglasses. Contact lenses are dividing into two parts multifocal and sphere. Moreover, Spectacles lenses market has projected to maintain its dominating position at the end of the forecast year. This market trend has owed to the increasing prevalence of hypermetropia and myopia.
Over the last years, many leading international companies influence various distribution channels, particularly online retailing to drive market penetration over the traditional store. In women’s eyewear there are many products (heavy trendy eyeglasses, vintage round glasses and hipster silhouettes) are trending in the market. In men’s eyewear (gold metal eyeglasses , Dark Lenses, Wayfarers and Classic Aviators) are increasing the market demand. International leading luxury brands like Giorgio Armani, Cartier, Prada, and Gucci have started selling their premium eyewear products in worldwide.
The advancement of technology, in recent years, such as eye check-up through computer or smartphone by medical professionals and the rising prevalence of eyesight and vision deficiencies will drive eyewear market growth in the forecast period. Covid-19 addresses evolving challenges for the eyewear industry due to lockdown and the people are more concerned to purchase a product through stores and shopping malls because of shape and size, and other hands have disrupted the manufacturing and supply chain management. Global eyewear market is likely to bounce back well from 2021 onwards as spectacles and contact lenses will benefit from their value as medical devices. However, it eases the users to see and therefore, to function better daily. The significant challenges of global eyewear industry were that the market was broadly insulated by increasing consumer price sensitivity and thus, the consumer purchases these things through their entire life savings where possible throughout the forecast period.
Renub Research report titled “Global Eyewear Market - By Product (Spectacle Lenses, Sunglasses, Frames and Contact Lenses), By Distribution Channel (Offline and Online), By End Users (Men, Women, and Unisex) By Regions (North America, Europe, Asia-Pacific and ROW) Merger & Acquisitions, Company Analysis (Luxottica Group SpA, Safilo Group S.p.A., Essilor International S.A., De Rigo Vision S.p.A., and Fielmann AG) This report provides an all-encompassing analysis on the global eyewear market Industry.
Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=eyewear-market-p.php
Products - This Report covers Market from 4 Viewpoints
1. Spectacle Lenses
2. Sunglasses
3. Frames
4. Contact Lenses
Distribution Channel - This Report covers Market from 2 Viewpoints
• Offline
• Online
End Users- This Report covers Market from 3 Viewpoints
• Men
• Women
• Unisex
Regions - This Report covers Market from 4 Viewpoints
• North America
• Europe
• Asia-Pacific
• ROW
This report covers Merger & Acquisitions.
All the key players have covered 3 Viewpoints
• Overview
• Recent Developments
• Revenue Analysis
Company - This Report covers five company Analysis.
• Luxottica Group SpA
• Safilo Group S.p. A.
• Essilor International S.A.
• De Rigo Vision S.p. A.
• Fielmann AG
About the Company:
Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
Our core team is comprised of an experienced people holding graduate, postgraduate and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.
Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email: info@renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research
0 Comments