Market Share of Eyewear Industry
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.
Eyewear Market Market Leaders
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Safilo Group S.p.A.
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Fielmann AG
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EssilorLuxottica SA
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Johnson & Johnson Services, Inc.
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The Cooper Companies, Inc.
*Disclaimer: Major Players sorted in no particular order