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Eyewear Market Share

  • Report ID: GMI119
  • Published Date: Jun 2019
  • Report Format: PDF

Eyewear Market Share

Global eyewear industry growth is highly fragmented owing to the presence of a large number of regional and multinationals players. However, the spectacles lenses, contact lenses, and Plano sunglasses industry share is dominated by a few multinational corporations. The key players include

  • Essilor International S.A.
  • Luxxotica
  • Johnson & Johnson
  • Alcon
  • Bausch & Lomb
  • Cooper Vision
  • Hoya Corporation
  • Fielmann AG
  • Carl Zeiss
  • Rodenstock
  • Safilo Group SpA
  • De Rigo SpA
  • Marcolin

The foremost strategies observed among the industry participants include new product launches, merger & acquisitions, collaborations, production capacity expansions, and product innovations. For instance, in October 2018, Essilor, the leading spectacle lenses manufacturer merged with Luxxotica, a major player in the sunglasses market to gain competitive edge and enhance their geographic presence.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The eyewear market share is expected to expand at a CAGR of 5% between 2019 and 2025.

Plano sunglasses will record considerable gains at a rate of more than 6.5% through 2025 driven by economic growth, rapid urbanization, surging influence of social media, expansion in the distribution network, and innovations in the design & lens of sunglasses.

Metal-based eyewear is anticipated to register USD 52 billion through 2025 owing to the availability of the product in numerous metallic material alternatives such as nickel, titanium, stainless steel, and beryllium.

The eyewear market size from online stores is expected to depict a CAGR of 6% between 2019 and 2025 on account of shifting preference towards online shopping due to busier lifestyles.

Eyewear Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 24
  • Tables & Figures: 1668
  • Countries covered: 31
  • Pages: 930
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