Eyewear Market Size, Analysis | Industry Report, 2022

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Eyewear Market 2015 2022
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Global Market Scenario of Eyewear

• Eyewear market size is projected to exceed USD
  165 billion by 2022, growing at a CAGR of 7 from
  2015 to 2022. 
• Rising population accompanied by increasing
  visual deficiencies such as hypermetropia/hyperopi
  a, myopia, astigmatism and presbyopia is
  anticipated to drive the industry growth over the
  forecast period.
• Increasing usage of corrective eyewear among
  individuals in order to correct refractive errors
  is expected to propel industry demand for these
  products.
• In addition, rising awareness among individuals
  regarding importance of eye checkups is expected
  to boost growth. 
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Continue.....

• Strong plano sunglasses market demand is
  expected to fuel contact lens adoption and reduce
  reliance on spectacles. In addition to ensuring
  correction of ophthalmic disorders such as
  myopia, hypermetropia and astigmatism, contact
  lenses can be used for cosmetic purposes to
  enhance aesthetic appearance. 
• Recurrent renewal of spectacle lenses owing to
  continuously changing prescriptions is likely to
  positively impact demand over the forecast
  period.
• Increased elderly population is also a
  considerable factor for global eyewear market
  size. In addition features such as flexible
  modality, economical prices and convenience
  offered by such products are anticipated to
  furnish massive growth avenues up to 2022.
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•  

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North America eyewear market size by product,
2012-2022 (USD Million)
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360 Analysis

• Application Analysis
• The eyewear market can be segregated into plano
  sunglasses, spectacles, and contact lenses.
  Spectacles are further segregated into spectacle
  frames and spectacle lenses. This segment
  accumulated more than 75 of the overall revenue
  in 2014.
• Regional Analysis
• North America eyewear market share accounted for
  over 30 of the volume and revenue share. The
  spur can be attributed to rising demand for plan
  sunglasses along with increasing consciousness
  regarding eye examination across the region.
• Europe eyewear market size amounted to over 35
  of the global revenue in 2014
• Competitive Market Share
• Key industry participants include Bausch Lomb,
  Carl Zeiss, Charmant Group, Chemilens, CIBA
  Vision Inc. (Alcon), CooperVision, Daemyung,
  Essilor International, Fielmann, Hoya, Johnson
  Johnson Vision Care, Rodenstock, Seiko, etc.
  Plano sunglasses market share is dominated by
  Luxottica Group, Safilo Group, Marchon Eyewear,
  Marcolin Eyewear, and De Rigo SpA.

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