Eyewear Market to be Worth $215.5 Billion by 2032
Meticulous Research®—a
leading global market research company, published a research report
titled ‘Eyewear Market Size, Share, Forecast, & Trends Analysis by
Type (Contact Lenses [Soft, Rigid, Disposable], Sunglasses, Spectacles
[Polarized, Multifocal, Sports]), Coating (Tinted, UV, Anti-reflective) Frame
(Rimmed, Frameless) - Global Forecast to 2032.’
According to this
latest publication from Meticulous Research®, the global eyewear
market is projected to reach $215.5
billion by 2032, at a CAGR of 4.2% from 2025 to 2032. The growth of this market is driven by
the increasing prevalence of eye disorders and visual impairment, increase in
screen time, increasing awareness about eye safety and protection, rising
preference for trendy eyewear, the emergence of prescription eyewear, influence
of social media on fashion choices, growing adoption of e-commerce, and health
insurance coverage for eye care services. However, the increasing adoption of
vision correction methods such as laser eye surgery and the high cost associated
with premium eyewear restrain the market growth.
Furthermore,
innovations in eyewear material, coating, and lens designs are expected to
offer growth opportunities. However, concerns related to the disposal of old
eyewear and rapidly changing fashion trends are major hindrances to the
market’s growth. 3D-printed eyewear, frames with fitness trackers, open-ear
speakers, Bluetooth, and customized eyeglasses are trends in the eyewear
market.
The key players
operating in the global eyewear market are Safilo Group SpA (Italy),
EssilorLuxottica SA (France), Fielmann Group AG (Germany), Johnson &
Johnson Vision Care, Inc. (U.S), Carl Zeiss AG (Germany), De Rigo Vision SpA
(Italy), Hoya Corporation (Japan), Marchon Eyewear, Inc., Alcon Inc.
(Switzerland), Appier Inc. (Tokyo), The Cooper Companies, Inc. (U.S.), and
Warby Parker Inc. (U.S).
Eyewear Market:
Future Outlook
The global Eyewear
Market is segmented by Type (Contact Lenses [Soft Contact Lenses, Rigid Gas
Permeable Contact Lenses (RGP), Extended Wear Contact Lenses, Disposable
Contact Lenses], Spectacles [Type { Prescription Spectacles, Non-prescription
Spectacles}, Glass Lenses Type {Polarized Lenses, Multi-focal Lenses [Single
Vision Lenses, Bifocal Lenses, Trifocal Lenses, Progressive Lenses] High-index
Lenses, Photochromatic Lenses, Sports Lenses, Digital Lenses}, By Frame Type
[Full-rimmed Frames, Rimless Frames, Semi-rimless Frames, Low-bridge Frames],
Sunglasses (Type [Plano, Powered], Sunglass Lenses Type [High Index Plastic
Lenses, Glass Lenses, Polycarbonate Lenses, Polarized Lenses, Photochromic
Lenses]), Frame Type [Full-rimmed Frames, Rimless Frames, Semi-Rimless Frames,
Low Bridge Frames]), Coating Type (Anti-reflective Coating, Scratch Resistant
Coating, UV Protective Coating, Mirror Coating, Anti-fog Coating, Tinted
Lenses, Blue-blocker Lenses), By Material (Plastic, Metal, Glass, Silicon
Hydrogel, Other Materials), Application (Vision Correction, Sports, Gamming,
Safety and Occupational, Other Application), Age (Adult, Children),
Distribution Channel (Online/E-commerce, Retail), End User (Male, Female,
Unisex) and Geography. The study also evaluates industry competitors and
analyzes the market at the global and regional levels.
Among all the types
studied in this report, in
2025, the spectacles segment is expected to account for the largest share of
the eyewear market. The spectacles segment is further categorized based on
type, glass lenses, and frame type. The largest share of this segment is
attributed to increasing cases of vision disorders, the aging population,
increasing screen time, and changing consumer preferences for high-quality
eyewear lenses. For instance, according to the Statistics Netherlands (CBS)
report of September 2024, in 2022, approximately 62 percent of the Dutch
population aged four years and overwore glasses occasionally.
Among all the
coating types studied in this report, in 2025, the anti-reflective coating segment is expected to
account for the largest share of the eyewear market. The largest share of the
segment is attributed to its advantages, such as increased vision clarity,
reduced blue light exposure, protect eyes from UV rays, and reduce bothersome
reflections, glare, and halos. Anti-reflective coatings protect glasses against
scratches and smudges, resulting in lenses that last longer. They also prevent
oil, water, and dirt from sticking to lenses, making them easier to clean. This
additional lens protection helps extend the life of lenses, supporting its
largest adoption.
Among all the
materials studied in this report, in 2025, the plastic segment is expected to account for the
largest share of the eyewear market. The largest share of this segment is
attributed to the availability of durable and stylish plastic frames and an
extensive range of plastic frames from eyewear brands. Additionally, plastic
glasses, also known as organic glasses used for sports and children, are light
and comfortable, highly break-resistant, and are the first choice for those who
prefer colored lenses as an accessory.
Among all the
applications studied in this report, in 2025, the vision correction segment is expected to account for
the largest share of the eyewear market. The largest share of the segment is
attributed to increasing vision problems, increasing screen time among all age
groups, and increasing cases of myopia, hyperopia, and astigmatism. The daily
screen time has increased by approximately 50 minutes per day since 2013.
(Source: Exploding Topics).
Geographic Review
This research report
analyzes major geographies and provides a comprehensive analysis of the market
in North America (U.S. and Canada), Europe (Germany, France, U.K., Italy,
Spain, Netherlands, Switzerland, Sweden, Belgium, and Rest of Europe),
Asia-Pacific (China, Japan, India, Indonesia, South Korea, Australia, and Rest
of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and
Middle East & Africa.
Among all regions
studied in this report, Asia-Pacific
is expected to register the highest CAGR during the forecast period. The growth
of this segment is attributed to the increasing geriatric population in
countries such as China and India, the emerging markets adopting advanced
eyewear products, and the rising awareness about the benefits offered by
eyewear for personal and professional use. Additionally, rising disposable
income among the youth in the region and the adoption of eyewear for fashion
purposes are some of the trends in the market.
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Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5901
Key Questions
Answered in the Report:
- Which are the high-growth market segments
in terms of type, coating, material, application, age, distribution
channel, end user, and geography?
- What was the historical market size for
eyewear globally?
- What are the market forecasts and
estimates for the period 2025–2032?
- What are the major drivers, restraints,
challenges, opportunities, and trends in the global eyewear market?
- Who are the major players in the global
eyewear market?
- What is the competitive landscape like,
and who are the market leaders in the global eyewear market?
- What are the recent developments in the
global eyewear market?
- What are the different strategies adopted
by the major players in the global eyewear market?
- What are the geographical trends and high
growth regions/countries?
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