Eyewear Market - Industry Share, Size and Growth By 2028

Sunglasses are a common sight-protective eyewear choice for sports enthusiasts. Sunglasses protect eyes from UV rays, which can damage a person’s vision. Sports eyewear also helps compete better, as one can find special performance eyewear with the right tint and design for their sport. Multifocal lenses are another common type of eyeglass lens. They help to see clearly at various distances. Multifocal lenses are generally used for people over 40 who have trouble focusing. A trifocal lens provides additional power to correct intermediate vision. In general, multifocal lenses are more expensive than single vision lenses.

Demographic changes such as age, eye problems such as myopia, glaucoma, and fashion style among youngsters and growing awareness regarding eye health is some of the major factors expected to propel the global eyewear market. Also, the growing aged population is fueling the demand for prescription-based eyewear and readymade reading glasses which is again expected to foster the market growth of eyewear. Moreover, ongoing urbanization, increasing disposable income and changing lifestyle trends are further anticipated to augment the market growth of eyewear.

Key players operating in global eyewear market are Luxottica Group SpA, Essilor International S.A, Carl Zeiss AG, Hoya Corporation (Life Care), Johnson & Johnson Vision Care, Inc., Cooper Companies Inc., Fielmann AG., Safilo Group Spa, Marcolin S.p.A., De Rigo S.p.A.

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