Global Eyewear Market: Industry

Analysis & Outlook

-----------------------------------------

(2017-2021)

Industry Research by Koncept Analytics

1

December 2017

Global Eyewear Market: Industry Analysis & Outlook (2017-2021)

Executive Summary

2Global Eyewear Market: Industry Analysis & Outlook (2017-2021)

Spectacles are segmented into key categories including spectacle lenses, spectacle frames, and sunglasses.Spectacle lenses are held by spectacle frames in front of eyes acting as a vision aid to patients suffering fromvarious visual diseases. Spectacle frames are generally made of plastic, nylon, a metal or a metal alloy. Framescan be made to hold the lenses in several different ways. Sunglasses are eyeglasses tinted visual aid featuringcolored or darkened lenses to prevent bright sunlight and high-energy visible light from damaging ordiscomforting the eyes.

Regionally, Europe is the major shareholder of the global eyewear market, owing to the increased ageingpopulation and urbanization. However, in the coming years, Asia-Pacific eyewear market is likely to experiencesignificant growth with increasing penetration of soft contact lenses and growing demand for colored lenses inthe major countries like Japan and China.

The global eyewear market is expected to grow in future with high potential vision correction opportunity,growing ageing population, growing urban population and growing middle class population. Key trends of thismarket includes shortening of prescription eyewear replacement cycle by region, increasing eyewear spendingper capita, dominance of prescription eyewear market, increased consolidation of market players, evolvingplano sunglasses market and increasing shift towards daily disposable lenses. However, there are some factorswhich can hinder growth of the market including growing dominance of unbranded sunglasses and growth inlaser surgeries.

The report “Global Eyewear Market: Industry Analysis & Outlook (2017-2021)” by Koncept Analytics providesan extensive research and detailed analysis of the present market along with future outlook. The reportdiscusses the major growth drivers and challenges of the market, covering Europe, North America, Asia-Pacificalong with the global market. The report profiles key players of the market including GrandVision, Luxottica,Essilor and Safilo Group.

Growth of global eyewear market would be driven by rising urban population, ageing people, changing consumer behavior towards luxury eyewear products …

3Global Eyewear Market: Industry Analysis & Outlook (2017-

2021)

• The global eyewear market is expected to reach US$..billion in the year 2021, increasing from US$ .. billion inthe fiscal year 2017 at a CAGR of ..% for the periodspanning 2017-2021.

• In the year 2021, global eyewear market volume isexpected to reach .. million units, increasing from ..million units in 2017, recording growth at a CAGR of ..%for the period spanning 2017-2021.

• In year 2016, spectacles segment held the largest shareof ..% in global eyewear market followed by contactlenses segment with a share of ..%.

Global Eyewear Market Forecast by Volume (2017-2021)

Global Eyewear Market Forecast by Value (2017-2021)

Global Eyewear Market Value by Product Type (2016)

Growth in major regional markets such as North America, Europe would be supported by growing sunglasses market, increase in online presence of key vendors…..

4Global Eyewear Market: Industry Analysis & Outlook (2017-

2021)

• In year 2016, Europe held the largest share of ..% inglobal eyewear market value, followed by NorthAmerica with a share of ..%.

• In the year 2021, North America eyewear market isexpected to reach US$.. billion, increasing from US$..billion in 2016, at a CAGR of ..% for the periodspanning 2016-2021.

• In year 2021, European eyewear market is expected toreach US$.. billion, increasing from US$.. billion in2016, at a CAGR of ..%.

North America Eyewear Market Forecast by Value (2016-2021)

Global Eyewear Market by Region (2016)

Europe Eyewear Market Forecast by Value (2016-2021)

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