Lucintel Blog: Spectacles is expected to remain the largest segment in the global eyewear market

Thursday, May 25, 2023

Spectacles is expected to remain the largest segment in the global eyewear market

An exciting new study from the team of Lucintel found that eyewear market is expected to reach $196.5 billion by 2028 with a CAGR of 6.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/eyewear-market.aspx.

The eyewear market is segmented based on product type, distribution channel, gender, and region. In this market, spectacle is expected to remain the largest product type, and offline channels segment is expected to remain the largest distribution channel. Players can benefit from the available opportunities like growing awareness about eye healthcare, increase in population of vision deteriorates with ageing, and rising disposable incomes further accelerating the eyewear market growth in this region.

Development of brain-sensing eyewear, development of eco-friendly polymer material for spectacles frames and lenses, and growing use of colored contact lenses are emerging trends having impact on dynamics of the industry.

EssilorLuxottica, Carl Zeiss, Johnson & Johnson, Bausch and Lomb, Marchon, Fielmann, Alcon Vision, Hoya, and Safilo are some of the major players profiled in this 323 page report.

Request Sample Pages by clicking on https://www.lucintel.com/eyewear-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the eyewear market by product type (spectacles, contact lenses, and sunglasses), distribution channel (offline and online), gender (men and women), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the eyewear market?

Q.4 What are some changing demands of customers in the eyewear market?

Q.5 What are the new developments in the eyewear market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this eyewear area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this eyewear market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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