Reading Glasses Market is predicted to reach USD 64.1 billion at a CAGR of 5.70% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “global Reading Glasses Market”.

Market Highlights

The global reading glasses market is accounted to register a CAGR of 5.70% during the forecast period and is estimated to reach USD 64.1 Billion by 2032.

The reading glasses market is growing steadily as the aging global population fuels demand. Additionally, increased screen time and digital device usage contribute to the need for affordable and fashionable reading glasses that cater to various prescription strengths.

Key Players

MRFR recognizes the following companies as the key players in the global Reading Glasses market— Bausch & Lomb Incorporated., EssilorLuxottica, Carl Zeiss, Johnson & Johnson Services, Inc., Hoya Corporation, De Rigo Vision S.p.A., ZENNI OPTICAL, INC., and ThinkOptic Inc.

Segment Analysis

The global reading glasses market has been segmented into age group, type and distribution channel.

On the basis of age group, the market is segmented into less than 18 years, 18-64 years, and 65 years and greater. The 18-64 years segment dominated the global market in 2022. Presbyopia, hyperopia, and farsightedness are three adult vision disorders that are becoming more common.

Based on type, the global reading glasses market has been segmented into prescription reading glasses and OTC reading glasses. Prescription reading glasses segment dominated the global Reading Glasses market in 2022. This can be attributable to the public's growing understanding of the value of choosing the right eyeglass strength.

Based on distribution channel, the global reading glasses market has been segmented into retail stores, online sales channels, and ophthalmology clinics. Retail stores segment dominated the global market in 2022. This may be related to the fact that customers prefer to visit actual stores to examine the goods in person and decide whether or not it is suitable for them.

Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Reading Glasses Market Research Report

Regional Analysis

The global reading glasses market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Reading Glasses market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Reading Glasses market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Reading Glasses market comprises of Middle East, Africa, and Latin America.

The North America reading glasses market dominated this market in 2022 (45.80%). This is related to customers' increasing awareness of the value of vision correction and the availability of eyewear. In contrast, it is predicted that the market would expand rapidly in developing areas like the Asia Pacific during the course of the projection period as a result of rising disposable incomes among consumers, encouraging government initiatives, and growing public awareness of the significance of eye care.

Moreover, from 2023 to 2032, the Europe reading glasses market is anticipated to rise significantly. This is mostly due to the presence of leading manufacturers in countries like Italy, the U.K., and Germany, to the region's sizeable senior population and high frequency of refractive abnormalities, as well as to the populace's high level of technological literacy.

Additionally, in 2022, the Asia Pacific reading glasses market held a sizable portion of the overall market. This is because companies are concentrating more on entering untapped areas and launching products at lower and semi-premium price points so that they are accessible to economically undeveloped countries.

Furthermore, the rest of the world's reading glasses market is divided into the Middle East, Africa, and Latin America. The reading glasses market in Latin America is growing steadily, primarily due to the region's aging population. With the prevalence of age-related vision issues and increased screen usage, affordable and stylish reading glasses with various prescription strengths are becoming more sought-after by consumers.

Key Findings of the Study

• The global reading glasses market is expected to reach USD 64.1 Billion by 2032, at a CAGR of 5.70% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the factors like players focusing more on breaking into unexplored markets and product launches in the semi-premium and lower price range to be accessible to economically underdeveloped regions.


• Based on distribution channel, the retail stores segment was attributed to holding the largest market in 2022.


• Bausch & Lomb Incorporated., EssilorLuxottica, Carl Zeiss, Johnson & Johnson Services, Inc., Hoya Corporation, De Rigo Vision S.p.A., ZENNI OPTICAL, INC., and ThinkOptic Inc