Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Competitive Landscape of the Latin America Eyewear Market

Luxottica Group S.p.A. is one of the world’s largest companies in the eyewear industry. The company is headquartered in Milan, Italy, and it was founded in 1961. It is a leading company in the design, manufacture, and distribution, of various types of eyewear, including fashion, luxury, sports, and performance eyewear. The company has developed its portfolio to include more than 40 brands such as Ray-Ban, Oakley, and Prada, among many others.

 

Johnson & Johnson Vision Care, Inc. is a multinational company, headquartered in Florida, United States. The company is a part of the Johnson & Johnson Group, one of the world’s most broadly based healthcare companies. The company has been operating in the equipment manufacturing industry to develop innovative and effective eye care solutions. They have developed various treatment solutions and products for eye disorders, such as myopia, farsightedness, cataracts, and astigmatism. The company offers a wide range of eye health solutions with some major brands including Acuvue, Catalys, Veritas, and blink, among others.

 

Karün is a sustainable eyewear brand, based in Patagonia, South America. The company specializes in manufacturing eyewear frames with recycled materials. The company operates by cooperating with indigenous tribes, and local rural communities, and manufactures products that promote sustainability. The company provides their products to Chile, the USA, Canada, and Europe.

 

Other market players include Lema21 Eyewear, Chilis Eyegear, Mita Eyewear, Marchon Eyewear, Inc., and Precise Eyecare.

 

Latin America Eyewear Market Report Snapshots

Latin America Eyewear Market Size

Latin America Eyewear Market Trends

Latin America Eyewear Market Analysis

Latin America Eyewear Companies

 

*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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Key Questions Answered in the Report

The market is expected to grow at a CAGR of 7.1% during the forecast period of 2024-2032.

The market is expected to reach a value of USD 22.02 billion by 2032.

The market is driven by the growing demand for prescribed eyewear among the elderly population due to the rising prevalence of eye disorders and the major players increasing the number of collaborations and acquisitions to build their market presence.

The increased usage of digital devices has surged the demand for prescribed spectacles and the rising prevalence of vision impairment can provide the market with development opportunities.

The countries in the market include Brazil, Mexico, Argentina, Colombia, Chile, and Peru, among others.

The products available in the market include spectacles, sunglasses, and contact lenses.

The eyewear market utilizes retail store, online store, and ophthalmic clinics.

The key players in the market include Luxottica Group S.p.A., Johnson & Johnson Vision Care, Inc., Lema21 Eyewear, Karün, Chilis Eyegear, Mita Eyewear, Marchon Eyewear, Inc., and Precise Eyecare, among others.

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

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