Eyewear Market | 2021 Automotive Industry Global Analysis By Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2026 is latest study published by Fortune Business Insights. The Global Eyewear market expected to rise at a 5.7% CAGR and reach USD 178.95 billion by 2026. Eyewear Industry report anlayzes Eyewear Market by Product Type (Spectacles, Sunglasses, Contact Lens), By Distribution Channel (Retail Store, Online Store, Ophthalmic Clinics), and Regional Forecast, 2019-2026.
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Eyewear Market Key Players Studied In Report:
Fielmann AG, Johnson & Johnson Services, Inc., Alcon (Part of Novartis AG), Safilo Group S.p.A, Bausch Health Companies Inc., EssilorLuxottica, Carl Zeiss, CooperVision and other key market players.
Global Eyewear Market Highlights:
With respect to product type, the market will be dominated by the spectacles segment owing to the rising prevalence of eye disorders such as hypermetropia and myopia. The global eyewear market size is anticipated to expand owing to the increasing awareness about ocular diseases, coupled with the rise in prevalence of vision abnormality. A report on eyewear market by Fortune Business Insights.
The COVID-19 pandemic has had a seismic effect on several economies across the globe. To curb the pandemic spread, the governments of several countries have ordered complete lockdown of industrial and human activities. This is expected to have a significant impact on the market in 2020. However, proactive steps by the industry leaders to revive the automotive industry will bode well for the growth of the market in the near future.
Eyewear comprises of accessories and items that can be worn over the eyes. They are used for various purposes, such as for protection against environment, embellishment or fashion purpose, or for enhancing or improving vision. Eyewear products are basically in the form of contact lenses, sunglasses, and spectacles. In addition, they help to protect against UVB and UVA sun rays and aid to treat ocular diseases such as short or long-sightedness, and others.
Rise in the availability of spectacles in online channels and retail stores from both developing and developed nations is expected to increase the demand for higher-value sunglasses. The surge in brand advertising has urged consumers to become brand conscious, thus adding a boost to eyewear market growth. Rise in the geriatric population and their vulnerability towards eye disorders, infections, and diseases will promote the use of spectacles and contact lenses. This, in turn, is prognosticated to increase the eyewear market share in the forthcoming years.
The market is segmented on the basis of product type, distribution channel, and geography. In terms of distribution channel, it is anticipated that high eyewear market shares will be earned from the retail store segment in the forecast duration. This is attributable to the widespread presence of retail shops in branded stores, shopping malls, and others.
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.
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Regional Analysis:
The global eyewear market is geographically segmented into five regions namely Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. In 2018, North America generated an eyewear market revenue of USD 35.60 billion and dominated the market. This domination is attributable to factors such as a rise in awareness about ocular disorders, and preference for premium eye care products. On the other side, Europe eyewear market will rise at a remarkable rate owing to an increase in affordability to buy expensive sunglasses in nations such as UK, France, and Germany.
Moreover, the market in Asia Pacific is likely to witness high CAGR in the eyewear market share on account of the rise in geriatric population, prevalence of ocular diseases, rise in disposable incomes of people, and brand advertising that urges people to opt for the expensive branded eyewear products.
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 Analysis And Industry News:
Major companies in the global Eyewear Market are increasingly focusing on research and development activities to create new and innovative products to stay ahead of the competition.
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 Global market?
- What are sales, revenue, and price analysis of top manufacturers of Eyewear Global market?
- 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 Market?
Table Of Content:
1 Market Overview
1.1 Eyewear Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2020-2026)
1.4.1.2 Canada Market States and Outlook (2020-2026)
1.4.1.3 Mexico Market States and Outlook (2020-2026)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2020-2026)
1.4.2.2 France Market States and Outlook (2020-2026)
1.4.2.3 UK Market States and Outlook (2020-2026)
1.4.2.4 Russia Market States and Outlook (2020-2026)
1.4.2.5 Italy Market States and Outlook (2020-2026)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2020-2026)
1.4.3.2 Japan Market States and Outlook (2020-2026)
1.4.3.3 Korea Market States and Outlook (2020-2026)
1.4.3.4 India Market States and Outlook (2020-2026)
1.4.3.5 Southeast Asia Market States and Outlook (2020-2026)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2020-2026)
1.4.4.2 Egypt Market States and Outlook (2020-2026)
1.4.4.3 Saudi Arabia Market States and Outlook (2020-2026)
1.4.4.4 South Africa Market States and Outlook (2020-2026)
1.4.4.5 Turkey Market States and Outlook (2020-2026)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
3 Global Eyewear Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Eyewear Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Eyewear Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Eyewear Manufacturer Market Share in 2018
3.3.2 Top 6 Eyewear Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Eyewear Market Analysis by Regions
4.1 Global Eyewear Sales, Revenue and Market Share by Regions
4.1.1 Global Eyewear Sales and Market Share by Regions (2020-2019)
4.1.2 Global Eyewear Revenue and Market Share by Regions (2020-2019)
4.2 North America Eyewear Sales and Growth Rate (2020-2019)
4.3 Europe Eyewear Sales and Growth Rate (2020-2019)
4.4 Asia-Pacific Eyewear Sales and Growth Rate (2020-2019)
4.5 South America Eyewear Sales and Growth Rate (2020-2019)
4.6 Middle East and Africa Eyewear Sales and Growth Rate (2020-2019)
5 North America Eyewear by Country
5.1 North America Eyewear Sales, Revenue and Market Share by Country
5.1.1 North America Eyewear Sales and Market Share by Country (2020-2019)
5.1.2 North America Eyewear Revenue and Market Share by Country (2020-2019)
5.2 United States Eyewear Sales and Growth Rate (2020-2019)
5.3 Canada Eyewear Sales and Growth Rate (2020-2019)
5.4 Mexico Eyewear Sales and Growth Rate (2020-2019)
8 South America Eyewear by Country
8.1 South America Eyewear Sales, Revenue and Market Share by Country
8.1.1 South America Eyewear Sales and Market Share by Country (2020-2019)
8.1.2 South America Eyewear Revenue and Market Share by Country (2020-2019)
8.2 Brazil Eyewear Sales and Growth Rate (2020-2019)
8.3 Argentina Eyewear Sales and Growth Rate (2020-2019)
8.4 Colombia Eyewear Sales and Growth Rate (2020-2019)
9 Middle East and Africa Eyewear by Countries
9.1 Middle East and Africa Eyewear Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Eyewear Sales and Market Share by Country (2020-2019)
9.1.2 Middle East and Africa Eyewear Revenue and Market Share by Country (2020-2019)
9.2 Saudi Arabia Eyewear Sales and Growth Rate (2020-2019)
9.3 Turkey Eyewear Sales and Growth Rate (2020-2019)
9.4 Egypt Eyewear Sales and Growth Rate (2020-2019)
9.5 Nigeria Eyewear Sales and Growth Rate (2020-2019)
10 Eyewear Market In Developing Conutries
11 South America Eyewear Market Analysis by Countries
12 Competitive Landscape
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Eyewear Market Forecast
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter’s Five Forces Analysis
15.1.2 New Entrants SWOT Analysis
15.2 Analysis and Suggestions on New Project Investment
Continued…
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