Global Eyeglasses Strategic Business Report 2023: 3D Printing Brings in Personalization of Eyeglasses

Dublin, March 29, 2023 (GLOBE NEWSWIRE) -- The "Eyeglasses: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Eyeglasses estimated at US$149.6 Billion in the year 2022, is projected to reach a revised size of US$234.4 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.

Lenses, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$91 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Frames segment is readjusted to a revised 6.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $41.9 Billion, While China is Forecast to Grow at 8.1% CAGR

The Eyeglasses market in the U.S. is estimated at US$41.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$27.5 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$35.3 Billion by the year 2030.

Select Competitors (Total 488 Featured) -

• Carl Zeiss AG
• De Rigo S.p.A.
• Essilor International S.A.
• Hoya Corporation
• Indo Optical S.L.U.
• Luxottica Group S.p.A.
• Oakley Inc.
• Rodenstock GmbH
• Safilo Group S.p.A.
• TEK Optical Canada

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Eyewear Market Amid the COVID-19 Pandemic
• Percentage Change in Weekly Eye Exams, in the US, January - August: 2020 vs 2019
• Percentage Change in Weekly Sales of Lenses in the US, January - August: 2020 vs 2019
• COVID-19 Unleashes New Technology Era for Eye Care Industry
• Heightened Focus on Safety & Hygiene Presents Lucrative Avenues for Eyewear Brands
• COVID-19 to Galvanize Transition from Contact Lenses toward Eyeglasses
• Online Sales of Eyewear Products Surge Amidst the COVID-19 Pandemic
• Eyewear Retailers Bet on Virtual Try-Ons
• DTC Glasses & Contacts Brands Tap Work-from-Home Trend amid COVID-19 for Enviable Gains
• Eyeglasses: An Introduction
• Product Overview
• Lenses
• Frames
• Sunglasses
• Eye Health Awareness: A Critical Factor to Growth
• Outlook
• Prevalence of Visual Impairments Fuels Demand for Eyeglasses
• Vision Facts, Figures and Opportunities
• Number of People Requiring Vision Correction Worldwide in Billion for the Years 2015, 2020 and 2030
• World Population with Myopia and High Myopia in Millions: 2000-2030
• Number of People Affected by Select Eye Conditions: 2019
• Percentage People with Unaddressed Presbyopia by Region
• Analysis by Geographic Region
• Analysis by Product Segment
• Eyeglasses Continue to Face Strong Competition from Contact Lenses
• Global Vision Correction Market Breakdown (in %) by Category for 2020E
• Competitive Landscape
• Market Share of Leading Players in the Global Spectacle Lenses Market: 2019
• Market Share of Leading Players in the Global Spectacle Frames Market: 2019
• Market Share of Leading Players in the Global Sunglasses Market: 2019
• Recent Market Activity
• Eyeglasses - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Popular Eyewear Trends for 2020
• Rise in Myopia Rate to Benefit Demand for Eyeglasses
• Percentage of Population with Myopia: 2000, 2010, 2020, 2030, 2040, & 2050
• Prevalence (%) of Myopia by Region for the Years 2000, 2020 & 2050
• Increased Screen Usage Among Children and Growing Risk of Myopia to Drive Gains for Eyewear Marke
• Digital Device Usage Among Kids, Tweens and Teens
• Rise in Presbyopes Drives Demand for Progressive Eye Glasses
• Increase in Digital Time Peaks the Demand for Protective Clear Glasses
• Share of Mobile Phones of the Total Internet Time: 2014-2020E
• Percentage of Internet Users Using Mobile Phone Apps by Type
• Percentage of Time Spent on Mobile Apps by Category for 2019
• 3D Printing Brings in Personalization of Eyeglasses
• Advancements in Frame and Lens Technologies to Aid in Betterment of Healthcare Provision
• Innovations in Reading Glasses
• Smart Glasses: An Undeniable Win Over Other Hands Free Technologies
• Global % Share Breakdown of Wearable AR Devices in the Market by Form Factor
• Select Recent Smart Glass Introductions/Innovations
• HD Glasses Designed for a Sharper Vision
• Designer Eyewear: A Hit with the Hip Crowd
• Celebrity On-Screen, Off-Screen Endorsements Drive Acceptance of Fashionable Eyewear
• Innovation: Name of the Game for Industry Players
• Online Exams for Vision: A New Route to Widen Reach
• Sports Eyewear Market: Growing Need to Protect Vision of Sportspersons to Fuel Demand
• Sunglasses Segment Continues to Add "Volume" for Eyeglasses Market
• Innovative Designs and Innovations to Boost Sunglasses Market
• Changing Lifestyle Drives Market for Sunglasses
• Eye Protection Needs Fuel Demand for Plano Sunglasses
• Popular-Priced Sunglasses Score Over Premium Category
• Growing Popularity of Replica Sunglasses
• Travel-Retail Sales of Sunglasses Continue to Grow
• Customized Corrective Lenses Grow In Popularity
• Premium Lens Market: On the Rise
• Premium Lenses Market Worldwide - Penetration Rate (%) of Photochromic Lenses in Select Countries for 2019
• Progressive Lenses Gain in Popularity
• Demand for Lightweight Frames on the Rise
• Manufacturers Unfurl Exciting and Contemporary Frames & Lenses for Seniors
• Growing Consumer Preference for Refractive Surgical Procedures Looms Ominously Over the Eyewear Market
• Distribution Dynamics
• Online Retail Growth and Digitization Trends in Eyewear industry
• Accelerating Prescription Renewal, Promoting Multiple Pair Purchase Vital for Stimulating Sales Growth
• Upgrades and Multiple Purchases Fuel Growth in Developed Markets
• Premiumization Trend and Affordable Luxury Aid Market Growth
• MACRO GROWTH DRIVERS
• Favorable Demographic Trends Indicate Strong Market Potential
• World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
• Aging Population to Drive Demand for Vision Corrective Eyewear
• World Elderly Population by Region: Percentage of population aged 65 years or over for 2019, 2030, 2050 and 2100
• Table 12: Global Population Demographics (2015 & 2050): Percentage Breakdown of Population by Age Group - Below 40 Years and 40 Years & Above
• Expanding Middle Class Population in Developing Countries Accelerate Growth Prospects
• Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
• Generation Z: An Important Demographic for Market Growth
• Number of Hours Spent on Mobile Phones by Generation Z, Millennials, Generation X Across Select Countries

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/tjihcd

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Attachment

• Global Market for Eyeglasses