Eyewear Market Growth, Demand and Challenges of the Key Industry Players 2023-28 - PowerPoint PPT Presentation

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Eyewear Market Growth, Demand and Challenges of the Key Industry Players 2023-28

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According to the latest research report by IMARC Group, The global eyewear market size reached US$ 149.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 222.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Eyewear Market Growth, Demand and Challenges of the Key Industry Players 2023-28


1
Global Eyewear Market Research and Forecast
Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2
About IMARC Group
Report Description
The International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all sectors
and regions to identify their highest-value
opportunities, address their most critical
challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Eyewear Market Research Report The
latest report by IMARC, titled Eyewear Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028 finds that
the global eyewear market size reached US 149.3
Billion in 2022. Eyewear comprises various
corrective and protective devices or accessories,
such as spectacles, sunglasses, and contact
lenses, worn over the eyes. These products are
usually manufactured from carbon fiber, plastic,
and glass. They help improve visual acuity and
protect the eyes against external factors,
including light, debris, harmful ultraviolet (UV)
rays, and extreme environmental conditions.
They also aid in reducing the risk of
developing numerous visual ailments and
eyesight-related problems, such as presbyopia,
myopia, and hypermetropia. As a result, eyewear
is gaining immense popularity among the masses
for visual correction and adornment
purposes. Request Free Sample Report
https//www.imarcgroup.com/eyewear-market/requests
ample
4
Report Description and Highlights
Report Description

Global Eyewear Market Trends The rising need
for vision correction due to the widespread
prevalence of ocular disorders represents the
primary factor driving the market growth.
Moreover, the increasing strain caused on the
eyes owing to the prolonged use of laptops,
smartphones, and tablets has led to a rise in
eye-related disorders, such as eye irritation,
dry eyes, computer vision syndrome (CVS), and
double vision. Along with this, the surging
instances of visual impairment and other eye
problems, such as astigmatism and hyperopia,
among the elderly and young population has
augmented the demand for eyewear to prevent
further damage. In addition, the aging population
is another major growth-inducing factor, as the
elderly are more prone to developing severe
ocular conditions, including cataracts and
age-related macular degeneration (AMD). Besides
this, several favorable initiatives taken by
various government and non-government
organizations (NGOs) to spread awareness about
preventive measures and treatments available for
eyesight problems are contributing to the sales
of eyewear products. Furthermore, the leading
players are introducing smart glasses integrated
with augmented reality (AR) that can control or
retrieve data from other digital devices to
display the required information on the glass
lens. In line with this, the launch of innovative
product variants with enhanced optical designs,
materials, and advanced coatings has propelled
market growth. Other factors, including the
expanding working population, escalating demand
for premium and trendy eyeglasses and sunglasses,
inflating sales of prescription contact lenses
and spectacles, and continual technological
advancements, are creating a favorable market
outlook. Looking forward, IMARC Group expects the
market value to reach US 222.1 Billion by 2028,
growing at a CAGR of 6.9 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
5
Report Description and Highlights
Report Description
Market Summary Breakup by Product Spe
ctacles Sunglasses Contact Len
ses Breakup by Gender Men Wo
men Unisex Breakup by Distribution Chan
nel Optical Stores Independe
nt Brand Showrooms Online Stores
Retail Stores Regional Insights Eur
ope

6
Report Description and Highlights
Report Description
North America Asia Pacific
Latin America Middle East and
Africa


7
Report Description and Highlights
Report Description
  • Competitive Landscape with Key Players
  • Luxottica Group S.p.A. Essilor International SAS J
    ohnson Johnson Vision Care. Inc.
    Safilo Group S.p.A.
    Alcon Vision LLC
  • View Full Report with TOC List of Figure
    https//www.imarcgroup.com/eyewear-market

8
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
9
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10
Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
11

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