Eyewear Market | 2021 Global Analysis By Size, Growth Insights, Developments, Emerging Technologies, Share, Key Players, Trends, Regional Outlook And Global Industry Forecast To 2028 is latest study published by Fortune Business Insights. The Global Eyewear market expected to rise at 6% CAGR and reach USD 172.42 Billion by 2028. Eyewear Industry is segmented By Product Type (Spectacles, Sunglasses, Contact Lens), By Distribution Channel (Retail Store, Online Store, Ophthalmic Clinics) and Regional Forecast, 2021-2028.
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Key Companies Studied In Report:
Alcon (Part of Novartis AG) (Switzerland), Essilor Luxottica (France), CooperVision (U.S), Johnson & Johnson Services, Inc. (U.S), Bausch Health Companies Inc. (U.S), Carl Zeiss (Germany), Fielmann AG (Germany), Safilo Group S.p.A (Italy), and other key market players.
Global Eyewear Market Highlights:
The global eyewear market is set to gain traction from the introduction of 3D printing. Such innovations have enabled easy and quick customization of eyeglasses. Stratasys, for instance, unveiled a multi-material 3-D printer in March 2020 that can print personalized sunglasses and spectacles.
The Eyewear Market report offers an in-depth analysis of the Eyewear industry and the demand drivers by highlighting information on several aspects of the market. Prudent Markets addresses all these aspects and provides the latest scoop and detailed eye-opening study on all major & emerging business segments. In addition to this, the report sheds light on the industry developments by key players, which are contributing to the expansion of this industry. The development scope, feasibility study, Eyewear market concentration, and maturity analysis is elaborated in this report.
Information given in the research report pertains to different technological advancements introduced in recent years, which allows for a meticulous analysis of the industry and offers a more comprehensive understanding to the readers.
The demand for sunglasses and other related eyeglass products is expected to surge rapidly in the near future because of the increasing awareness of the harmful effects of UVB and UVA rays on one’s vision. Besides, the rising acceptance of sportswear sunglasses among the general population in developed nations is anticipated to propel the eyewear market growth in the upcoming years. At the same time, to correct vision, people are majorly inkling towards prescription sunglasses. However, the declining demand for luxury sunglasses, especially in emerging economies, such as Brazil and India may obstruct growth.
The outbreak of covid-19 in the global market has made companies uncertain about their future scenario as the prolonged lock-down finds a serious economic slump. The latest survey on COVID-19 Outbreak-Global Eyewear Market is conducted to provide hidden gems performance analysis. Essential growth factors and study of Basis points [BPS] have been discussed in the following report. Research Report explains a detailed overview of market dynamics, segmentation, product portfolio, business plans, and the latest development in the industry.
Based on the distribution channel, the market is classified into retail stores, online stores, and ophthalmic clinics. By the product type, it is trifurcated into spectacles, sunglasses, and contact lenses. Amongst these, the spectacles segment generated 79.0% in terms of the eyewear market share in 2020. It is set to remain in the dominant position on account of the higher prevalence of hypermetropia and myopia.
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 and 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.
The market is fragmented with the presence of both international and local companies. Most of them are focusing on acquiring local businesses to gain a competitive edge. A few others are aiming to launch novel products to enhance their product portfolios of eyewear.
It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for Eyewear market to figure out and study the market’s needs, market size, and competition.
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
In 2020, North America held USD 30.87 billion in terms of revenue. It is expected to remain at the forefront backed by the rising demand for premium eyewear products and the acceptance of vision care products. In Europe, developed countries, such as the U.K., France, and Germany are experiencing high demand for fashionable frames and spectacles. Asia Pacific, on the other hand, is anticipated to grow considerably owing to the rising incidence of ocular diseases and the increasing population.
This report focuses on Eyewear Global 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 2028, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
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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. Staying on top of market trends & drivers is crucial for decision-makers to hold this emerging opportunity. The study provides information on market trends and development, drivers, capacities, technologies, and the changing investment structure of the Eyewear Industry.
Key questions answered in the report:
- What will the market growth rate of Eyewear Market in 2028?
- 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?
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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)
220.127.116.11 United States Market States and Outlook (2020-2028)
18.104.22.168 Canada Market States and Outlook (2020-2028)
22.214.171.124 Mexico Market States and Outlook (2020-2028)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
126.96.36.199 Germany Market States and Outlook (2020-2028)
188.8.131.52 France Market States and Outlook (2020-2028)
184.108.40.206 UK Market States and Outlook (2020-2028)
220.127.116.11 Russia Market States and Outlook (2020-2028)
18.104.22.168 Italy Market States and Outlook (2020-2028)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
22.214.171.124 China Market States and Outlook (2020-2028)
126.96.36.199 Japan Market States and Outlook (2020-2028)
188.8.131.52 Korea Market States and Outlook (2020-2028)
184.108.40.206 India Market States and Outlook (2020-2028)
220.127.116.11 Southeast Asia Market States and Outlook (2020-2028)
1.4.4 South America, Middle East and Africa
18.104.22.168 Brazil Market States and Outlook (2020-2028)
22.214.171.124 Egypt Market States and Outlook (2020-2028)
126.96.36.199 Saudi Arabia Market States and Outlook (2020-2028)
188.8.131.52 South Africa Market States and Outlook (2020-2028)
184.108.40.206 Turkey Market States and Outlook (2020-2028)
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 (2020-2028)
4.1.2 Global Eyewear Revenue and Market Share by Regions (2020-2028)
4.2 North America Eyewear Sales and Growth Rate (2020-2028)
4.3 Europe Eyewear Sales and Growth Rate (2020-2028)
4.4 Asia-Pacific Eyewear Sales and Growth Rate (2020-2028)
4.5 South America Eyewear Sales and Growth Rate (2020-2028)
4.6 Middle East and Africa Eyewear Sales and Growth Rate (2020-2028)
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 (2020-2028)
5.1.2 North America Eyewear Revenue and Market Share by Country (2020-2028)
5.2 United States Eyewear Sales and Growth Rate (2020-2028)
5.3 Canada Eyewear Sales and Growth Rate (2020-2028)
5.4 Mexico Eyewear Sales and Growth Rate (2020-2028)
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 (2020-2028)
8.1.2 South America Eyewear Revenue and Market Share by Country (2020-2028)
8.2 Brazil Eyewear Sales and Growth Rate (2020-2028)
8.3 Argentina Eyewear Sales and Growth Rate (2020-2028)
8.4 Colombia Eyewear Sales and Growth Rate (2020-2028)
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 (2020-2028)
9.1.2 Middle East and Africa Eyewear Revenue and Market Share by Country (2020-2028)
9.2 Saudi Arabia Eyewear Sales and Growth Rate (2020-2028)
9.3 Turkey Eyewear Sales and Growth Rate (2020-2028)
9.4 Egypt Eyewear Sales and Growth Rate (2020-2028)
9.5 Nigeria Eyewear Sales and Growth Rate (2020-2028)
10 Eyewear Market In Developing Countries
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
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