Global Industry Eyewear Market Trends, Opportunities and Forecasts Report 2019-2024

Thursday, 28. March 2019 16:09

Dublin, March 28, 2019 (GLOBE NEWSWIRE) -- The "Eyewear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global eyewear market was worth US$ 120 Billion in 2018, registering a CAGR of 3.4% during 2011-2018.

Eyewear products are generally worn for vision correction and protecting the eyes from excessive light, debris or harmful radiation. The frames and lenses of these products are mainly produced using plastic and glass.

Currently, the global demand for good-quality eyewear products is being augmented by increasing prevalence of hypermetropia and myopia at young ages. In developing nations, improving lifestyles, urbanization and availability of advanced eyewear products are positively impacting the market growth. On the other hand, increasing exports and product innovations are supporting eyewear market across developed regions.

The market is further projected to cross US$ 141 Billion by 2024, at a CAGR of 2.6% during 2019-2024.

Global Eyewear Market Drivers:

At present, both government and non-government organizations are conducting campaigns and programs to spread awareness about the treatments available for eyesight problems. Increasing awareness amongst consumers act as a primary factor for the growth of the eyewear market.

With an increase in eye-related diseases like cataract, there has been a substantial rise in the demand for prescription-based eyeglasses. Moreover, changing fashion trends have prompted manufacturers to introduce improved optical designs, materials, and enhanced coatings.

The demand for eyewear products can be attributed to a rise in the cases of computer vision syndrome (CVS) which is caused by prolonged exposure to a computer or other display device. The occurrence of this disorder is generally noted in the working population experiencing dry, red eyes, blurred vision, eye irritation, headache and double vision.

In order to uplift their social status, consumers prefer to purchase high-end eyewear products. In addition, improving purchasing power of consumers in the emerging markets has enabled them to buy premium products which is further elevating the growth of the global eyewear market.

Key Questions Answered in This Report:

  • How has the global eyewear market performed so far and how will it perform in the coming years?
  • What are the key regions in the global eyewear market?
  • Which are the popular products in the global eyewear market?
  • What are the key distribution channels in the global eyewear market?
  • What are the major gender segments in the global eyewear market?
  • What are the various stages in the value chain of the global eyewear market?
  • What are the key driving factors and challenges in the global eyewear market?
  • What is the structure of the global eyewear market and who are the key players?
  • What is the degree of competition in the global eyewear market?
  • How are eyewear products manufactured?

Key Topics Covered:

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Eyewear Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product
5.4 Market Breakup by Gender
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis

6 Market Breakup by Product
6.1 Spectacles
6.2 Sunglasses
6.3 Contact lenses

7 Market Breakup by Gender
7.1 Men
7.2 Women
7.3 Unisex
7.3.1 Market Trends

8 Market Breakup by Distribution Channel
8.1 Optical Stores
8.2 Independent Brand Showrooms
8.3 Online Stores
8.4 Retail Stores

9 Market Breakup by Region

10 Eyewear Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors

11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players

  • Luxottica
  • Essilor
  • Johnson & Johnson Vision Care
  • Safilo
  • Alcon

For more information about this report visit https://www.researchandmarkets.com/r/73jgsr

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Related Topics: Optical , Eye Care and Eyewear

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