Eyewear Market Size, Share & Industry Analysis, By Product Type (Spectacles, Sunglasses, Contact Lens), By Distribution Channel (Retail Store, Online Store, Ophthalmic Clinics), and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Eyewear Market with respect to COVID-19 Business Impact.
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This report focuses on the Eyewear market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Eyewear market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Eyewear Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Eyewear Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Eyewear Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

The Global Eyewear Market is Highly Fragmented with Players like Johnson and Johnson Services, Inc. and Alcon Holding Major Share in Contact Lens Market

The global market is highly fragmented due to the presence of both local and international players. The major market players are segmented into contact lens market and spectacles and sunglasses market. Johnson and Johnson Services, Inc. holds the highest share in the global contact lens market, followed by Alcon. Whereas, other prominent players in the global spectacles market includes, companies like Essilor Luxottica, Safilo Group S.p.A, and Carl Zeiss among others. The companies adopt newer technologies like 3D printing to enhance the quality of spectacles lenses and capture eyewear market share. The competition in price range is also one of the key trends observed in this competitive market landscape. Strategic partnerships and collaboration are one of the few of the many strategies adopted by Key players to improve product offerings.

LIST OF KEY COMPANIES PROFILED:

  
Alcon (Part of Novartis AG)
  
EssilorLuxottica
  
CooperVision
  
Johnson & Johnson Services, Inc.
  
Bausch Health Companies Inc.
  
Carl Zeiss
  
Fielmann AG
  
Safilo Group S.p.A
  
Other Prominent Players

REPORT COVERAGE
The report presents a comprehensive assessment of the global market by offering valuable insights, facts, industry-related information, and historical data. Several methodologies and approaches are adopted to make meaningful assumptions and views. Furthermore, the report offers a detailed analysis and information as per the market segments, helping our readers to get a comprehensive overview of the global market.

Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights provided in the report include key industry developments - mergers, acquisitions, and partnerships introduction of new products / approvals (by major players). Combined with this the report also provides epidemiology of major ocular disorders - for key countries, key trends in the eyewear market, and snapshot of U.S. reading glasses market.

Report Scope & Segmentation

Segmentation

By Product Type

  
Spectacles
  
Frames
  
Lens
  
Sunglasses
  
Plano
  
Prescription
  
Contact Lens
  
Toric
  
Multifocal
  
Sphere

By Distribution Channel

  
Retail Store
  
Online Store
  
Ophthalmic Clinic

By Geography

  
North America (U.S. and Canada)
  
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
  
Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
  
Latin America (Brazil, Mexico, and Rest of Latin America)
  
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

INDUSTRY DEVELOPMENT:

February 2017: Essilor and Luxottica announced the merger to provide wide product offering to customers.
Year 2018: Carl Zeiss launched a new technology called UVProtect that protects the sunglasses wearers eyes from the harmful 380 nm -400 nm UVR spectrum of rays.

July 2019: EssilorLuxottica announced that the company is planning to buy 76.72% stakes in GrandVision, a Dutch optical retailer for an estimated USD 8.8 billion.

August 2019: CooperVision launched a soft contact lens recycling program in partnership with TerraCycle to increase its sustainability efforts.

August 2019: The U.S FDA approves CooperVisions Paragon Contact lens manufacturing site in Phoenix, U.S.