Eyewear Market Research and Forecast Report 2023-2028

1. Global Eyewear Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Eyewear Market Research Report: The latest report by IMARC, titled “Eyewear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global eyewear market size reached US$ 149.3 Billion in 2022. Eyewear comprises various corrective and protective devices or accessories, such as spectacles, sunglasses, and contact lenses, worn over the eyes. These products are usually manufactured from carbon fiber, plastic, and glass. They help improve visual acuity and protect the eyes against external factors, including light, debris, harmful ultraviolet (UV) rays, and extreme environmental conditions. They also aid in reducing the risk of developing numerous visual ailments and eyesight-related problems, such as presbyopia, myopia, and hypermetropia. As a result, eyewear is gaining immense popularity among the masses for visual correction and adornment purposes. Request Free Sample Report: https://www.imarcgroup.com/eyewear-market/requestsample

4. Report Description and Highlights Report Description Global Eyewear Market Trends: The rising need for vision correction due to the widespread prevalence of ocular disorders represents the primary factor driving the market growth. Moreover, the increasing strain caused on the eyes owing to the prolonged use of laptops, smartphones, and tablets has led to a rise in eye-related disorders, such as eye irritation, dry eyes, computer vision syndrome (CVS), and double vision. Along with this, the surging instances of visual impairment and other eye problems, such as astigmatism and hyperopia, among the elderly and young population has augmented the demand for eyewear to prevent further damage. In addition, the aging population is another major growth-inducing factor, as the elderly are more prone to developing severe ocular conditions, including cataracts and age-related macular degeneration (AMD). Besides this, several favorable initiatives taken by various government and non-government organizations (NGOs) to spread awareness about preventive measures and treatments available for eyesight problems are contributing to the sales of eyewear products. Furthermore, the leading players are introducing smart glasses integrated with augmented reality (AR) that can control or retrieve data from other digital devices to display the required information on the glass lens. In line with this, the launch of innovative product variants with enhanced optical designs, materials, and advanced coatings has propelled market growth. Other factors, including the expanding working population, escalating demand for premium and trendy eyeglasses and sunglasses, inflating sales of prescription contact lenses and spectacles, and continual technological advancements, are creating a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 222.1 Billion by 2028, growing at a CAGR of 6.9% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Product: • Spectacles • Sunglasses • Contact Lenses Breakup by Gender: • Men • Women • Unisex Breakup by Distribution Channel: • Optical Stores • Independent Brand Showrooms • Online Stores • Retail Stores Regional Insights: • Europe

6. Report Description and Highlights Report Description • North America • Asia Pacific • Latin America • Middle East and Africa

7. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • Luxottica Group S.p.A. Essilor International SAS Johnson & Johnson Vision Care. Inc. Safilo Group S.p.A. Alcon Vision LLC View Full Report with TOC & List of Figure: https://www.imarcgroup.com/eyewear-market

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9. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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