How big is the Eyewear Market?

The Eyewear Market size is expected to reach USD 178.98 billion in 2024 and grow at a CAGR of 5.08% to reach USD 229.35 billion by 2029. Read More

What is the current Eyewear Market size?

In 2024, the Eyewear Market size is expected to reach USD 178.98 billion. Read More

Who are the key players in Eyewear Market?

Safilo Group S.p.A., Fielmann AG, EssilorLuxottica SA, Johnson & Johnson Services, Inc. and The Cooper Companies, Inc. are the major companies operating in the Eyewear Market. Read More

Which is the fastest growing region in Eyewear Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Eyewear Market?

In 2024, the Asia-Pacific accounts for the largest market share in Eyewear Market. Read More

What years does this Eyewear Market cover, and what was the market size in 2023?

In 2023, the Eyewear Market size was estimated at USD 169.89 billion. The report covers the Eyewear Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Eyewear Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key factors driving the Eye Wear Market?

The key factors driving the Eyewear Market are a) Growing number of ophthalmic disorders b) Increasing awareness regarding eye examinations c) Perception of eyewear as a fashion accessory Read More

Eyewear Market Report | Industry Analysis, Size & Forecast

Eyewear Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Eyewear Market Report is Segmented by Product Type (Spectacles, Sunglasses, Contact Lenses, and Other Product Types), End User (Men, Women, and Unisex), Distribution Channel (Offline Channel and Online Channel), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Eyewear Market Indsutry Overview

The market studied is fragmented. However, Safilo Group and Essilor International are experiencing an increase in their revenue share across developing economies. Product innovation and development, followed by partnerships, joint ventures, and expansion, are some of the strategies utilized by key players. Moreover, companies are investing significantly in technology-based innovative solutions through new ventures, partnerships, or acquisitions. The top players in the global eyewear market include Safilo Group SpA, De Rigo Vision SpA, Fielmann AG, EssilorLuxottica SA, and Johnson & Johnson Services Inc. Under a multi-year licensing agreement, Luxottica Group partnered with Ferrari SpA for the design, manufacturing, distribution, and sales of a range of eyewear products under the Ferrari and Ray-Ban brands.