Eyewear Market Research Report - Global Forecast till 2024

Global Eyewear Market Research Report: Information by Product Type (Spectacles, Sunglasses, Contact Lenses and others), Distribution Channel [Store-Based (Hypermarkets and Supermarkets, Specialty Stores and others) and Non-Store-Based] and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2024

ID: MRFR/CR/6527-HCR | February 2021 | Region: Global | 90 pages

Market Scenario


The Global Eyewear Market is expected to register a growth rate of 5.5% during the forecast period. The market is expected to garner a value of approximately USD 185 billion by the end of 2024. Eyewear includes items worn on or over the eyes for improvement of visual acuity, protection against the environment, and enhancing the overall appearance of oneself.

Prominent players are focusing on changing eyewear market trends and innovations of different eyewear products, and regional expansion as key strategies to gain a competitive edge. Due to the high demand for trendy and technically advanced eyewear across the globe, the small and medium scale players are trying to adopt these strategies to expand their businesses. These players are investing in manufacturing facilities in domestic as well as international markets to introduce new and innovative products. These factors are expected to offer profitable opportunities to market players in the coming years.

Segmentation


The global eyewear market segmentation has been classified as product type, distribution channel, and region.


By product type, the global eyewear market has been categorized as spectacles, sunglasses, contact lenses, and others. The spectacles segment is expected to hold the majority market share while the sunglasses segment is projected to register the highest CAGR during the review period according to MRFR’s analysis.


The global eyewear market has been categorized, on the basis of distribution channel, as store-based and non-store-based. The store-based segment has further been divided into supermarkets and hypermarkets, specialty stores, and others. The store-based segment is expected to account for the larger revenue share of the market. However, the non-store-based segment is expected to exhibit the higher growth rate during the forecast period of 2019 to 2024.


The global eyewear market has been studied for four regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American eyewear market has further been segmented into the US, Canada, and Mexico. The European eyewear market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The eyewear market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The eyewear market in the rest of the world has been segmented into South America, the Middle East, and Africa.


Key Players in the Global Eyewear Market



  • Fielmann AG (Germany)

  • The Cooper Companies Inc. (US)

  • Bausch Health Companies Inc. (Canada)

  • Luxottica Group S.p.A. (Italy)

  • Carl Zeiss AG (Germany)

  • Safilo Group S.p.A. (Italy)

  • GrandVision (Netherlands)

  • Alcon Vision LLC (US)

  • Johnson & Johnson Vision Care, Inc. (US)

  • Marcolin SpA (Italy)

  • Marchon Eyewear Inc. (US)

  • De Rigo Vision S.p.A. (Italy)

  • Essilor International (France)

  • Rodenstock GmbH (Germany)

  • Charmant Inc. (US)   


Regional Market Summary


Global Eyewear Market Share (%), by Region, 2018
 Eyewear Market_Image


Source: Secondary Sources and MRFR Analysis


The European market is expected to account for the largest revenue share of the global eyewear market during the research period due to the increasing visual deficiency which is subsequently leading to the rise in purchase of eyewear in the region. However, the eyewear market in Asia-Pacific is expected to register the highest CAGR during the forecast period due to increasing awareness about eye protection and visual impairment. Moreover, the launch of innovative eyewear and eyewear accessories in the region is boosting the eyewear market growth.


Global Eyewear Market, by Product type



  • Spectacles

  • Sunglasses

  • Contact Lenses

  • Others


Global Eyewear Market, by Distribution Channel



  • Store-Based


    • Supermarkets and Hypermarkets

    • Specialty Stores

    • Others


  • Non-Store-Based


Global Eyewear Market, by Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience



  • Eyewear manufacturers

  • Raw material suppliers and distributors

  • Retailers, supermarkets, and hypermarkets

  • Traders, exporters, and importers



Frequently Asked Questions (FAQ) :


eyewear market would reach a valuation of USD 185 billion by 2024.

eyewear market CAGR would be 5.5% during the forecast period.

The non-store-based segment would register higher growth in the eyewear market.

The spectacles segment would lead the eyewear market.

Europe would dominate the eyewear market.

Table of Contents
1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of the Global Eyewear Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Eyewear Market, by Product Type

6.1 Introduction

6.2 Spectacles

6.2.1 Market Estimates & Forecast, 2019–2024

6.2.2 Market Estimates & Forecast, by Region, 2019–2024

6.3 Sunglasses

6.3.1 Market Estimates & Forecast, 2019–2024

6.3.2 Market Estimates & Forecast, by Region, 2019–2024

6.4 Contact Lenses

6.4.1 Market Estimates & Forecast, 2019–2024

6.4.2 Market Estimates & Forecast, by Region, 2019–2024

6.4 Others

6.4.1 Market Estimates & Forecast, 2019–2024

6.4.2 Market Estimates & Forecast, by Region, 2019–2024

7. Global Eyewear Market, by Distribution Channel

7.1 Introduction

7.2 Store-Based

7.2.1 Supermarkets & Hypermarkets

7.2.1.1 Market Estimates & Forecast, 2019–2024

7.2.1.2 Market Estimates & Forecast, by Region, 2019–2024

7.2.2 Specialty Stores

7.2.2.1 Market Estimates & Forecast, 2019–2024

7.2.2.2 Market Estimates & Forecast, by Region, 2019–2024

7.2.3 Others

7.2.3.1 Market Estimates & Forecast, 2019–2024

7.2.3.2 Market Estimates & Forecast, by Region, 2019–2024

7.3 Non-Store Based:

7.3.1 Market Estimates & Forecast, 2019–2024

7.3.2 Market Estimates & Forecast, by Region, 2019–2024

8. Global Eyewear Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2019–2024

8.2.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.2.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.2.5 US

8.2.5.1 Market Estimates & Forecast, 2019–2024

8.2.5.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.2.5.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2019–2024

8.2.6.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.2.6.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.2.7 Mexico

8.2.7.1 Market Estimates & Forecast, 2019–2024

8.2.7.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.2.7.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.3 Europe

8.3.1 Market Estimates & Forecast, 2019–2024

8.3.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.3.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.3.5 Germany

8.3.5.1 Market Estimates & Forecast, 2019–2024

8.3.5.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.3.5.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.3.6 France

8.3.6.1 Market Estimates & Forecast, 2019–2024

8.3.6.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.3.6.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.3.7 Italy

8.3.7.1 Market Estimates & Forecast, 2019–2024

8.3.7.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.3.7.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.3.8 Spain

8.3.8.1 Market Estimates & Forecast, 2019–2024

8.3.8.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.3.8.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.3.9 UK

8.3.9.1 Market Estimates & Forecast, 2019–2024

8.3.9.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.3.9.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.3.10 Rest of Europe

8.3.10.1 Market Estimates & Forecast, 2019–2024

8.3.10.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.3.10.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2019–2024

8.4.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.4.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2019–2024

8.4.5.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.4.5.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.4.6 India

8.4.6.1 Market Estimates & Forecast, 2019–2024

8.4.6.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.4.6.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.4.7 Japan

8.4.7.1 Market Estimates & Forecast, 2019–2024

8.4.7.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.4.7.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.4.8 Australia & New Zealand

8.4.8.1 Market Estimates & Forecast, 2019–2024

8.4.8.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.4.8.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.4.9 Rest of Asia-Pacific

8.4.9.1 Market Estimates & Forecast, 2019–2024

8.4.9.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.4.9.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.5 Rest of the World (RoW)

8.5.1 Market Estimates & Forecast, 2019–2024

8.5.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.5.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.5.5 South America

8.5.5.1 Market Estimates & Forecast, 2019–2024

8.5.5.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.5.5.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.5.6 Middle East

8.5.6.1 Market Estimates & Forecast, 2019–2024

8.5.6.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.5.6.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

8.5.7 Africa

8.5.7.1 Market Estimates & Forecast, 2019–2024

8.5.7.2 Market Estimates & Forecast, by Product Type, 2019–2024

8.5.7.3 Market Estimates & Forecast, by Distribution Channel, 2019–2024

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis

(Expansions/Mergers and Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

10. Company Profiles

10.1 Fielmann AG

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 The Cooper Companies Inc.

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Bausch Health Companies Inc.

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Luxottica Group S.p.A.

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Safilo Group S.p.A.

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 GrandVision

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Essilor International

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Carl Zeiss AG

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Alcon Vision LLC

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Johnson & Johnson Vision Care, Inc.

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 Marcolin SpA

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Strategy

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Marchon Eyewear Inc.

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Strategy

10.12.5 Key Developments

10.12.6 SWOT Analysis

10.13 De Rigo Vision S.p.A.

10.13.1 Company Overview

10.13.2 Financial Updates

10.13.3 Product/Business Segment Overview

10.13.4 Strategy

10.13.5 Key Developments

10.13.6 SWOT Analysis

10.14 Rodenstock GmbH

10.14.1 Company Overview

10.14.2 Financial Updates

10.14.3 Product/Business Segment Overview

10.14.4 Strategy

10.14.5 Key Developments

10.14.6 SWOT Analysis

10.15 Charmant Inc.

10.15.1 Company Overview

10.15.2 Financial Updates

10.15.3 Product/Business Segment Overview

10.15.4 Strategy

10.15.5 Key Developments

10.15.6 SWOT Analysis

11. Conclusion


LIST OF TABLES
Table 1 Global Eyewear Market, by Region, 2019–2024 (USD Million)

Table 2 Global Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 3 Global Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 4 North America: Eyewear Market, by Country, 2019–2024 (USD Million)

Table 5 North America: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 6 North America: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 7 US: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 8 US: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 9 Canada: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 10 Canada: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 11 Mexico: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 12 Mexico: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 13 Europe: Eyewear Market, by Country, 2019–2024 (USD Million)

Table 14 Europe: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 15 Europe: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 16 Germany: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 17 Germany: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 18 France: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 19 France: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 20 Italy: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 21 Italy: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 22 Spain: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 23 Spain: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 24 UK: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 25 UK: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 26 Rest of Europe: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 27 Rest of Europe: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 28 Asia-Pacific: Eyewear Market, by Country, 2019–2024 (USD Million)

Table 29 Asia-Pacific: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 30 Asia-Pacific: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 31 China: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 32 China: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 33 India: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 34 India: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 35 Japan: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 36 Japan: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 37 Australia & New Zealand: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 38 Australia & New Zealand: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 39 Rest of Asia-Pacific: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 40 Rest of Asia-Pacific: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 41 Rest of the World (RoW): Eyewear Market, by Country, 2019–2024 (USD Million)

Table 42 Rest of the World (RoW): Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 43 Rest of the World (RoW): Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 44 South America: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 45 South America: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 46 Middle East: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 47 Middle East: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)

Table 48 Africa: Eyewear Market, by Product Type, 2019–2024 (USD Million)

Table 49 Africa: Eyewear Market, by Distribution Channel, 2019–2024 (USD Million)
LIST OF FIGURES
FIGURE 1 Global Eyewear Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Eyewear Market

FIGURE 4 Value Chain of the Global Eyewear Market

FIGURE 5 Share of the Global Eyewear Market in 2018, by Country (%)

FIGURE 6 Global Eyewear Market, by Region, 2019–2024,

FIGURE 7 Global Eyewear Market Size, by Product Type, 2018

FIGURE 8 Share of the Global Eyewear Market, by Product Type, 2019–2024 (%)

FIGURE 9 Global Eyewear Market Size, by Distribution Channel, 2018

FIGURE 10 Share of the Global Eyewear Market, by Distribution Channel, 2019–2024 (%)