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The global eyewear market size reached approximately USD 136.66 Billion in 2024. The market is projected to grow at a CAGR of 3.10% between 2025 and 2034, reaching a value of around USD 185.45 Billion by 2034.
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Historical Year
Forecast Year
The Europe eyewear market accounts for a considerable share of the total market value. Europe has a significant population with vision correction needs due to factors like an ageing demographic, increasing screen time, and a high incidence of conditions such as myopia and presbyopia. European countries also have robust healthcare systems that emphasise regular eye examinations and eye health awareness, which leads to early detection of vision issues and a higher likelihood of individuals adopting corrective eyewear. Europe is also home to many of the world’s leading fashion capitals, such as Paris, Milan, and London. The region's strong sense of fashion drives the demand for designer eyewear as a fashion statement, not just a vision correction tool.
The Asia Pacific is also a significant region in the eyewear market and is expected to increase its market share. The Asia Pacific is the most populous region in the world, encompassing a diverse range of countries with large populations, which further adds to the demand for eyewear products. The region has witnessed rapid economic growth, resulting in an expanding middle class with increased disposable income, and this economic prosperity allows for a greater spending on healthcare and lifestyle products, including eyewear. Some countries in the Asia Pacific, like Japan, have a significant ageing population, and older demographics typically have a higher need for vision correction and eye care, thereby contributing to the overall market revenue.
Eyewear Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the global eyewear market attained a value of nearly USD 136.66 Billion.
The market is projected to grow at a CAGR of 3.10% between 2025 and 2034.
The market is estimated to grow in the forecast period of 2025-2034 to attain a value of more than USD 185.45 Billion by 2034.
The major drivers of the market are rising disposable incomes, growing consumer focus on appearance and aesthetics, increasing public awareness regarding eyecare, rising demand from the developing regions, increasing prevalence of visual deficiencies and ophthalmic disorders, and growing technological advancements.
The key trends guiding the growth of the eyewear market include the availability of premium and customised eyewear products and the increasing purchases from online stores.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Europe accounting for the largest market share.
Spectacles represent the leading product type in the market.
The significant segments based on gender include men, women, and unisex.
The major distribution channels of the product include optical stores, independent brand showrooms, online stores, and retail stores.
The major players in the market are Luxottica Group S.p.A., Essilor of America, Inc., Johnson & Johnson Vision Care, Inc. (Johnson & Johnson Medical GmbH), Safilo Group S.p.A, Alcon Vision LLC, Prada S.p.A., Oakley, Inc., The Cooper Companies Inc., Silhouette International Schmied AG, and LVMH Group, among others.
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30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124