Eyewear Market | 2021 Global Healthcare Industry Analysis To 2026, is latest report on Global Eyewear Industry, published by “Fortune Business Insights”. According to this report Global Eyewear Market to rise at 5.7% Compound Annual Growth Rate and will reach USD 178.95 Billion by 2026. Market for Eyewear is segmented By Product Type (Spectacles, Sunglasses, Contact Lens), By Distribution Channel (Retail Store, Online Store, Ophthalmic Clinics), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America.
Major Eyewear Manufacturers covered in the market report include:
Alcon (Part of Novartis AG), EssilorLuxottica, CooperVision, Johnson & Johnson Services, Inc., Bausch Health, ompanies Inc., Carl Zeiss, Fielmann AG, Safilo Group S.p.A and other key market players.
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Eyewear Market Analysis 2021:
The global eyewear market size is expected to reach USD 178.95 Billion by 2026; owing to increasing cases of deteriorating eye health and trendsetting launch of eyewear products by the manufacturers across the globe. Eyewear Market was worth USD 115.90 Billion in 2018 and is likely to exhibit a promising CAGR of 5.7% between 2019 and 2026.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers & acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
Eyewear is an integral part of everybody’s life. Whether it is for that so-called nerdy look, or style statement, they have always been in demand across the consumers. Additionally, they are beneficial for enhancing one’s eyesight and protect against the harmful effects of pollution. The most common type of eyewear is the numbered glasses or the spectacles, contact lenses, and sunglasses, among others. Furthermore, there are googles too that protect the eyes from the harmful UV rays by offering a UV protection film. With celebrities advocating new fashion style by mounting several types of eyewear, the demand keeps on soaring among the people once it is witnessed as a fashion statement.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Amid the mayhem caused by the novel coronavirus, COVID-19, the market is expected to witness a surge in the near future. Several government agencies have announced lockdown to contain the spread of the global pandemic that is resulting in increasing screen time by the people confined to their home spaces. Additionally, the digital overload is taking a toll on the eyes and people are therefore looking to invest in glasses that protect from the harmful blue light. According to a survey by a non-profit organization, Common Sense Media, amid coronavirus on an average the Americans will be spending over 13 hours and 35 minutes on several media platforms a day. Furthermore, several companies are coming forward to support frontline workers during the torrid time. For instance, in April 2020, Fitz, a direct-to-consumer eyewear brand, announced its support by introducing a custom-fit glass technology that facilitates to build protective and prescribed spectacles for the frontline workers.
According to the World Health Organization (WHO), around 2.2 Billion people are suffering from eye blindness and vision impairment. Additionally, over a billion people across the globe suffer from vision impairment owing to be deprived of the care they require to treat conditions such as cataracts, glaucoma, and short and far sightedness, among others. An increasing number of people suffering from ocular disorders is expected to boost the sales of eyewear products in the forthcoming years. Furthermore, the increasing number of geriatric population in developed and developing regions will bode well for the growth of the market during the forecast period.
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as per Eyewear Market Growth Analysis by manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
The segment Spectacles (By Product Type) generated maximum revenue and held a 79.0% market share in 2018. Additionally, the segment is likely to dominate owing to increasing cases of hypermetropia and myopia among the population across the globe. This is likely to be followed by the contact lenses and sunglasses segment owing to increasing consumer base across the developed and developing economies during the projected horizon.
Eyewear Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
Competitive And Regional Analysis:
This report focuses on Eyewear Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Among the regions, the market in North America is anticipated to remain dominant and generate high global eyewear market revenue in the forthcoming years. In addition to this, the region was worth USD 35.60 Billion in 2018 and is likely to foresee massive growth. This is ascribable to factors such as increasing acceptance for eye care products in the region. Europe, on the other hand, is expected to witness growth backed by increasing awareness for ocular disorders and high demand for premium eye care products. Furthermore, affordable sunglasses in countries such as the U.K., France, and Germany will contribute to the growth of the market in Europe.
The market in Asia-Pacific is likely to be the second-most leading region during the forecast period. This is attributable to factors such as increasing geriatric population in countries such as China, Japan, and India. Moreover, high disposable incomes and availability of cheaper eyewear products in Asia-Pacific will drive the market growth between 2019 and 2026.
The Eyewear Market Size report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Key questions answered in the report:
- What will the market growth rate of Eyewear market in 2026?
- What are the key factors driving the global Eyewear market?
- Who are the key manufacturers in Eyewear market space?
- What are the market opportunities, market risk and market overview of the Eyewear market?
- What are sales, revenue, and price analysis of top manufacturers of Eyewear market?
- Who are the distributors, traders and dealers of Eyewear market?
- What are the Eyewear market opportunities and threats faced by the vendors in the global Eyewear industry?
- What are sales, revenue, and price analysis by types and applications of Eyewear market?
- What are sales, revenue, and price analysis by regions of Eyewear industry?
Table of Content:
1 Eyewear Market Overview
1.1 Eyewear Product Overview
1.2 Eyewear Market Segment by Type
1.3 Global Eyewear Market Size by Type (2015-2026)
1.3.1 Global Eyewear Market Size Overview by Type (2015-2026)
1.3.2 Global Eyewear Historic Market Size Review by Type (2015-2021)
1.3.2.1 Global Eyewear Sales Market Share Breakdown by Type (2015-2026)
1.3.2.2 Global Eyewear Market Share Breakdown by Type (2015-2026)
1.3.2.3 Global Eyewear Average Selling Price (ASP) by Type (2015-2026)
1.3.3 Global Eyewear Market Size Forecast by Type (2021-2026)
1.3.3.1 Global Eyewear Sales Market Share Breakdown by Application (2021-2026)
1.3.3.2 Global Eyewear Revenue Market Share Breakdown by Application (2021-2026)
1.3.3.3 Global Eyewear Average Selling Price (ASP) by Application (2021-2026)
1.4 Key Regions Market Size Segment by Type (2015-2021)
1.4.1 North America Eyewear Sales Breakdown by Type (2015-2026)
1.4.2 Europe Eyewear Sales Breakdown by Type (2015-2026)
1.4.3 Asia-Pacific Eyewear Sales Breakdown by Type (2015-2026)
1.4.4 Latin America Eyewear Sales Breakdown by Type (2015-2026)
1.4.5 Middle East and Africa Eyewear Sales Breakdown by Type (2015-2026)
2 Global Eyewear Market Competition by Company
2.1 Global Top Players by Eyewear Sales (2015-2021)
2.2 Global Top Players by Eyewear Revenue (2015-2021)
2.3 Global Top Players Eyewear Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company Eyewear Manufacturing Base Distribution, Sales Area, Product Type
2.5 Eyewear Market Competitive Situation and Trends
2.5.1 Eyewear Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by Eyewear Sales and Revenue in 2019
2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Eyewear as of 2019)
2.7 Date of Key Company Enter into Eyewear Market
2.8 Key Company Eyewear Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Eyewear Status and Outlook by Region (2015-2026)
3.1 Global Eyewear Market Size and CAGR by Region: 2015 VS 2021 VS 2026
3.2 Global Eyewear Market Size Market Share by Region (2015-2021)
3.2.1 Global Eyewear Sales Market Share by Region (2015-2021)
3.2.2 Global Eyewear Revenue Market Share by Region (2015-2021)
3.2.3 Global Eyewear Sales, Revenue, Price and Gross Margin (2015-2021)
3.3 Global Eyewear Market Size Market Share by Region (2021-2026)
3.3.1 Global Eyewear Sales Market Share by Region (2021-2026)
3.3.2 Global Eyewear Revenue Market Share by Region (2021-2026)
3.3.3 Global Eyewear Sales, Revenue, Price and Gross Margin (2021-2026)
3.4 North America Eyewear Market Size By Growth (2015-2026)
3.4.1 North America Eyewear Revenue By Growth (2015-2026)
3.4.2 North America Eyewear Sales By Growth (2015-2026)
3.5 Asia-Pacific Eyewear Market Size By Growth (2015-2026)
3.5.1 Asia-Pacific Eyewear Revenue By Growth (2015-2026)
3.5.2 Asia-Pacific Eyewear Sales By Growth (2015-2026)
3.6 Europe Eyewear Market Size By Growth (2015-2026)
3.6.1 Europe Eyewear Revenue By Growth (2015-2026)
3.6.2 Europe Eyewear Sales By Growth (2015-2026)
3.7 Latin America Eyewear Market Size By Growth (2015-2026)
3.7.1 Latin America Eyewear Revenue By Growth (2015-2026)
3.7.2 Latin America Eyewear Sales By Growth (2015-2026)
3.8 Middle East and Africa Eyewear Market Size By Growth (2015-2026)
3.8.1 Middle East and Africa Eyewear Revenue By Growth (2015-2026)
3.8.2 Middle East and Africa Eyewear Sales By Growth (2015-2026)
4 Global Eyewear by Application
4.1 Eyewear Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Eyewear Sales by Application: 2015 VS 2021 VS 2026
4.3 Global Eyewear Historic Sales by Application (2015-2021)
4.4 Global Eyewear Forecasted Sales by Application (2021-2026)
4.5 Key Regions Eyewear Market Size by Application
4.5.1 North America Eyewear by Application
4.5.2 Europe Eyewear by Application
4.5.3 Asia-Pacific Eyewear by Application
4.5.4 Latin America Eyewear by Application
4.5.5 Middle East and Africa Eyewear by Application
5 North America Eyewear Market Size by Country (2015-2026)
5.1 North America Market Size Market Share by Country (2015-2021)
5.1.1 North America Eyewear Sales Market Share by Country (2015-2021)
5.1.2 North America Eyewear Revenue Market Share by Country (2015-2021)
5.2 North America Market Size Market Share by Country (2021-2026)
5.2.1 North America Eyewear Sales Market Share by Country (2021-2026)
5.2.2 North America Eyewear Revenue Market Share by Country (2021-2026)
5.3 North America Market Size By Growth by Country
5.3.1 U.S. Eyewear Market Size By Growth (2015-2026)
5.3.2 Canada Eyewear Market Size By Growth (2015-2026)
6 Europe Eyewear Market Size by Country (2015-2026)
6.1 Europe Market Size Market Share by Country (2015-2021)
6.1.1 Europe Eyewear Sales Market Share by Country (2015-2021)
6.1.2 Europe Eyewear Revenue Market Share by Country (2015-2021)
6.2 Europe Market Size Market Share by Country (2021-2026)
6.2.1 Europe Eyewear Sales Market Share by Country (2021-2026)
6.2.2 Europe Eyewear Revenue Market Share by Country (2021-2026)
6.3 Europe Market Size By Growth by Country
6.3.1 Germany Eyewear Market Size By Growth (2015-2026)
6.3.2 France Eyewear Market Size By Growth (2015-2026)
6.3.3 U.K. Eyewear Market Size By Growth (2015-2026)
6.3.4 Italy Eyewear Market Size By Growth (2015-2026)
6.3.5 Russia Eyewear Market Size By Growth (2015-2026)
7 Asia-Pacific Eyewear Market Size by Country (2015-2026)
7.1 Asia-Pacific Market Size Market Share by Country (2015-2021)
7.1.1 Asia-Pacific Eyewear Sales Market Share by Country (2015-2021)
7.1.2 Asia-Pacific Eyewear Revenue Market Share by Country (2015-2021)
7.2 Asia-Pacific Market Size Market Share by Country (2021-2026)
7.2.1 Asia-Pacific Eyewear Sales Market Share by Country (2021-2026)
7.2.2 Asia-Pacific Eyewear Revenue Market Share by Country (2021-2026)
7.3 Asia-Pacific Market Size By Growth by Country
7.3.1 China Eyewear Market Size By Growth (2015-2026)
7.3.2 Japan Eyewear Market Size By Growth (2015-2026)
7.3.3 South Korea Eyewear Market Size By Growth (2015-2026)
7.3.4 India Eyewear Market Size By Growth (2015-2026)
7.3.5 Australia Eyewear Market Size By Growth (2015-2026)
7.3.6 Taiwan Eyewear Market Size By Growth (2015-2026)
7.3.7 Indonesia Eyewear Market Size By Growth (2015-2026)
7.3.8 Thailand Eyewear Market Size By Growth (2015-2026)
7.3.9 Malaysia Eyewear Market Size By Growth (2015-2026)
7.3.10 Philippines Eyewear Market Size By Growth (2015-2026)
Continue…
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