Latest News- Eyewear Market: Eyeglass/spectacles is expected to lead the Product segment during 2025-2029

The Eyewear Market is being driven by Increasing prevalence of vision disorders

The Eyewear Market is expected to grow at a CAGR of 10.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 125.9 million. In the burgeoning e-commerce landscape, eyewear vendors are increasingly leveraging online platforms to boost sales volume and value, as well as expand their customer base. By executing robust online marketing and promotional strategies, these players are reducing operational costs and expanding product reach. In response to the evolving customer preferences, customization services, such as virtual fitting and home trials, are being offered to enhance the shopping experience. The integration of advanced technology and personalized services in the eyewear industry is a strategic move to meet the dynamic demands of consumers and foster greater customer satisfaction. 

Get more information on Eyewear Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Eyeglass/spectacles
  • Sunglass
  • Contact lenses
• Distribution Channel
  • Offline
  • Online
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing prevalence of vision disorders
• Rising demand for eyewear from emerging economies
• Product innovation and differentiation in eyewear through functional and technological advances

However, the market also witnesses some limitations, which are as follows:

• Growing adoption of refractive eye surgery
• Presence of counterfeit eyewear products
• Lack of eyewear product awareness in low-income regions

Benefits of Buying Global Eyewear Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Eyewear Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Eyewear Market encompasses various aspects of eyeglass production, including lens manufacturing techniques, frame construction methods, and coating application processes. Lens material properties, visual comfort evaluation, and optical performance testing are crucial elements. Durability is assessed through methods like prescription lens accuracy, lens power measurement, UV blocking effectiveness, impact resistance levels, scratch resistance ratings, material biocompatibility, and lens surface quality. Frame design aesthetics, temple design ergonomics, hinge mechanism reliability, color perception accuracy, visual field enhancement, glare reduction techniques, light transmission control, visual fatigue mitigation, and optical clarity optimization are also essential factors.

Market Research Overview

The eyewear market is a significant segment of the larger global apparel, accessories, and luxury goods industry. This market encompasses companies involved in the manufacturing and marketing of eyewear, including lens curvatures, frame materials, UV protection coatings, and anti-reflective treatments. The parent market's growth is driven by factors such as the expanding working population of women, leading to increased disposable income and subsequent spending on luxury items like eyewear. The global textiles, apparel, and luxury goods market size is calculated based on the combined revenues generated by textiles, apparel, footwear, accessories, and luxury goods manufacturers and marketers. The eyewear sector is poised for growth due to advancements in technology, increasing consumer awareness of eye health, and the growing popularity of designer eyewear.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/