Eyewear Market Research Report

 

Eyewear Market:

The GMI Research expects the eyewear market to expand at a significant rate. From a regional perspective, Europe is projected to dominate the market. As per the "Fashion Revolution Foundation," in April 2019, around 1700 fashion events were held with approximately 80,000 participants, which shows the hyperactivity of the fashion population.

Request for a FREE Sample Report on Eyewear Market

Eyewear Market Dynamics (including market size, share, trends, forecast, growth, and industry analysis)

Key Drivers

The global eyewear market is predicted to witness an upsurge in demand during the forecast period due to the growing eye-defects and visual deficiency worldwide. As per WHO, around 2.2 billion people in 2019 had vision impairment or blindness. According to the eyewear industry statistics, the increasing burden of vision impairment and eye conditions in low and middle-income regions, particularly in sub-Saharan Africa and South Asia, will fuel the demand for spectacles to correct the vision impaired population. In addition to this, the strong demand for luxury eyewear and the emerging trend of following brands are some other factors propelling the growth of the global eyewear market size. Furthermore, the rising status of fast fashion among millennials enforces manufacturers to manufacture and design attractive and affordable eyewear. Additionally, people are adopting trendy and designer sunglasses, which will bolster the growth of the eyewear market share in terms of revenue.

Strategic directions integrated by the companies will further stimulate the growth of the global eyewear market. For instance, organizations in India, including Vision Express and Coolwinks, are providing an eye-check-up for the patients at home. The players provide the users to select their frames and try them in real-time with the e-commerce platform like "Lenskart," which will boost the demand of the market. On the other hand, the factors hindering the growth of the market include the higher cost of the lenses and maintenance regarding the product.

Eyewear Market’s leading Manufacturers:

·        Alcon

·        Coolwinks

·        Vision Express

·        EssilorLuxottica

·        CooperVision

·        Bausch Health Companies Inc

·        ZEISS International

·        Fielmann

·        Safilo Group S.p.A.

·        Johnson & Johnson Vision

Eyewear Market Segmentation:

Segmentation by Product Type:

·        Contact Lenses

·        Spectacles

·        Sunglasses

Segmentation by End-User:

·        Men

·        Women

·        Unisex

Segmentation by Distribution Channel:

·        Offline

·        Online

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

Comments

Post a Comment

Popular posts from this blog

Hi-Fi System Market Research Report

 Growth opportunities in the Hi-Fi system market look promising over the next six years. This is mainly due to the rising demand for portable devices such as smartphones, and laptops, the continuous technological advancement in the Hi-Fi systems, like integration of AI and machine learning, and the increasing penetration of the internet. Request for a FREE Sample Report on Hi-Fi System Market Hi-Fi System Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The augmenting demand for portable devices and the growing need for infotainment services are the crucial drivers fuelling the growth of the global Hi-Fi system market .  Rising portable device demand such as laptops, tablets, and smartphones strengthens the demand for wireless audio products in the HI-FI system market. Also, the ongoing technological developments in Hi-Fi systems, like the amalgamation of machine learning and artificial intelligence, are ...
Read more

Tight Gas Market Research Report

  Growth opportunities in the tight gas market look promising over the next six years. This is mainly due to the favourable government strategies, funds and aids for the gas production and the development of sophisticated technology. Request for a FREE Sample Report on Tight Gas Market Tight Gas Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers One of the prominent drivers responsible for the growth of the global tight gas market includes the augmenting demand for million barrels each day. In accordance with the U.S. Energy Information Administration, the demand of the barrels from 2016 Q1 to 2017 Q1 augmented from 1 million in 2016 to more than 2 million in 2017, and the same trend is anticipated in the future, which will change the perspective of the market, thereby fulfilling the market demand. Also, the emergence of low-cost gas supplies from different sources will change over the chauffeurs of natura...
Read more

Vitreoretinal Surgery Devices Market Research Report

 Growth opportunities in the vitreoretinal surgery devices market look promising over the next six years. This is mainly due to the increasing technological advancements and the rise in the geriatric population coupled with the rising eye disorders. Request for a FREE Sample Report on Vitreoretinal Surgery Devices Market Vitreoretinal Surgery Devices Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The increase in the geriatric population across the world along with the surging number of eye disorders including diabetic retinopathy, detached retina, macular hole, and CMV retinitis, and the growing awareness concerned with eye health are the key drivers stimulating the growth of the global vitreoretinal surgery devices market. The use of vitreoretinal surgeries to treat various eye-related disorders, with the help of several procedures, is effective in restoring and improving vision. Furthermore, the ongoing t...
Read more