DUBLIN--(BUSINESS WIRE)--The "Eyewear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global eyewear market reached a value of US$ 127.8 Billion in 2020. As per the publisher estimates, the market is expected to exhibit moderate growth during the forecast period (2021-2026). Eyewear refers to the products that are worn by individuals for vision correction or for protecting the eyes from various external factors, including light, debris, harmful radiation and severe environmental changes. These products, including spectacles, sunglasses and contact lenses, use a vast array of frames and lenses that are usually made from carbon fiber, glass or plastic. They are widely recommended by healthcare professionals for improving visual acuity and preventing ultraviolet (UV) rays from damaging the retina and lens of the human eyes.
Their regular use can also assist in reducing the intensity and frequency of headaches and migraines that are usually triggered by bright sunlight or prolonged exposure to digital screens and gadgets. Additionally, these eyewear products are beneficial in reducing the strain caused on the eyes as a result of fatigue. Apart from this, they can be used to treat or minimize the chances of developing several visual ailments and eyesight related problems, such as myopia and hypermetropia.
The market is primarily driven by the increasing prevalence of ocular diseases on the global level. There has been a considerable rise in the cases of partial and severe vision impairment among adults and rising incidences of myopia and hypermetropia among children, which is contributing to the increasing demand for eyewear as an appropriate measure to prevent further damage. In addition to this, there has also been a significant increase in the occurrence of other eyesight related disorders, such as eye irritation, dry eyes, computer vision syndrome (CVS) and double vision, especially among working professionals. This can be accredited to the strain caused on the eyes due to the prolonged use of laptops, smartphones and tablets.
This, in turn, is escalating the demand for advanced glare-free prescription eyewear with enhanced durability. The growing geriatric population across the globe is acting as another major growth-inducing factor. The elderly population is more commonly diagnosed with fatal ocular disorders, such as cataract and age-related macular degeneration (AMD). Numerous government and non-government organizations are consequently organizing informative initiatives and programs to spread awareness regarding the preventive measures and treatments available for these eyesight problems. This has led to an increase in the uptake of several eyewear products.
Companies Mentioned
- Luxottica Group S.p.A.
- Essilor International
- Johnson & Johnson Vision Care Inc
- Safilo Group S.p.A.
- Alcon Vision LLC
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Eyewear Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Gender
5.6 Market Breakup by Distribution Channel
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.10.4 Manufacturing
5.10.5 Marketing
5.10.6 Distribution
5.10.7 End-Use
5.11 Porters Five Forces Analysis
6 Market Breakup by Product
6.1 Spectacles
6.2 Sunglasses
6.3 Contact lenses
7 Market Breakup by Gender
7.1 Men
7.2 Women
7.3 Unisex
8 Market Breakup by Distribution Channel
8.1 Optical Stores
8.2 Independent Brand Showrooms
8.3 Online Stores
8.4 Retail Stores
9 Market Breakup by Region
9.1 Europe
9.2 North America
9.3 Asia Pacific
9.4 Middle East and Africa
9.5 Latin America
10 Eyewear Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/1c1sbq
