Global Eyewear Market: Size, Outlook, Trend and Forecast 2024

Posted by Sonika on November 30th, 2019

Bharat Book Bureau Provides the Trending Market Research Report on “Global Eyewear Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q4 2018 Update)”under Healthcare Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

The Global Eyewear Market is expected to grow from USD 110.37 billion 2017 to USD 170.52 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 6.41%.

“Rise in the number of ophthalmic disorders leading the demand for the prescription-based eyeglasses is one of the factors largely attributing to the growth of eyewear market globally”

The factors attributing to the growth of the market are rise in the number of ophthalmic disorders leading the demand for the prescription-based eyeglasses, changing lifestyle, growing preferences of luxury and branded sunglasses, electronic devices causing strain on eyes, and technological advancements, introduction of low cost and disposable lenses, awareness and adoption of vision correction procedures and surgeries such as lasik and prk, and collaboration between different institutions to mitigate vision disorder in rural areas. However, some factors such as and growing acceptance of refractive surgeries may hinder the market growth. The global eyewear market is expected to showcase the opportunities such as and personalization of eyewear products and services. In the near future, the market may face the possible challenges in the growth due to and price differentiation in the sales of unbranded frames and illegal novelty contact lenses. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global eyewear market market.“Polycarbonate: The highest growing lens material for the global eyewear market”

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On the basis of lens material, the global eyewear market is studied across Glass, Plastic, and Polycarbonate. Among all these lens material, the Polycarbonate is projected to hold the largest market share while the Polycarbonate has the potential to grow the market with the highest CAGR in the forecast period.“Spectacles: The highest growing type for the global eyewear market”

On the basis of type, the global eyewear market is studied across Contact Lenses, Protective Eyewear, Spectacles, and Sunglasses. Among all these type, the Spectacles is projected to hold the largest market share while the Contact Lenses has the potential to grow the market with the highest CAGR in the forecast period.“Offline Stores: The highest growing distribution channel for the global eyewear market”

On the basis of distribution channel, the global eyewear market is studied across Offline Stores and Online Stores. Among all these distribution channel, the Offline Stores has captured the maximum market share while the Online Stores has the opportunity to emerge with the highest CAGR.“Men: The highest growing end user for the global eyewear market”

On the basis of end user, the global eyewear market is studied across Men, Unisex, and Women. Among all these end user, the Men has captured the maximum market share while the Unisex has the opportunity to emerge with the highest CAGR.“Asia-Pacific: The highest growing geography for the global eyewear market”

On the basis of geography, the global eyewear market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Asia-Pacific is dominating the market with highest market size.

“CIBA VISION: The potential growing player for the global eyewear market”

The key players profiled in the global eyewear market are CIBA VISION, Carl Zeiss A.G., Charmant Group, CooperVision Inc., De Rigo Vision S.p.A., Essilor International, Fielmann A.G., Luxottica Group S.p.A, Marchon Eyewear, Maui Jim, Inc., Pivothead, and Safilo Group S.p.A.,.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global eyewear market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global eyewear market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global eyewear market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global eyewear market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global eyewear market.

The global eyewear market is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.41% from 2017 to 2024 to reach USD 170.52 billion.

In the report, we have covered two proprietary models, the 360iResearch FPNV Positioning Matrix and 360iResearch Competitive Strategic Window. The Research FPNV Positioning Matrix analyses the competitive market place for the players in terms of product satisfaction and business strategy they adopt to sustain in the market. The Research Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Research Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisitions strategies, geography expansion, research & development, new product introduction strategies to execute further business expansion and growth.

Research Methodology:
Our market forecasting is based on a market model derived from market connectivity, dynamics, and identified influential factors around which assumptions about the market are made. These assumptions are enlightened by fact-bases, put by primary and secondary research instruments, regressive analysis and an extensive connect with industry people. Market forecasting derived from in-depth understanding attained from future market spending patterns provides quantified insight to support your decision-making process. The interview is recorded, and the information gathered in put on the drawing board with the information collected through secondary research.

The key chapters profiled in the report are as follows: 1. Preface2. Research & Forecasting3. Executive Summary4. Premium Insight5. Global Eyewear Market, by Lens Material6. Global Eyewear Market, by Type7. Global Eyewear Market, by Distribution Channel8. Global Eyewear Market, by End User9. Global Eyewear Market, by Geography10. 360iResearch Competitive Strategic Window11. 360iResearch FPNV Positioning Matrix12. Competitive News Feed Analysis13. Company Usability Profiles14. Appendix

The report answers questions such as:
1. What is the market size of eyewear market in the global?
2. What are the factors that affect the growth in global eyewear market market over the forecast period?
3. What is the competitive position in the global eyewear market market?
4. Which are the best product areas to be invested in over the forecast period?
5. What are the opportunities in the global eyewear market market?
6. What are the modes of entering the global eyewear market market?

Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-eyewear-market-premium-insight-industry-trends-fpnv-positioning-matrix-competitive-news-feed-analysis-compa/1404669

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