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Report Overview

The global reading glasses market was valued at USD 138.77 Billion in 2024. It is expected to grow at a CAGR of 3.30% from 2025 to 2034, reaching approximately USD 192.00 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

3.3%

2025-2034


Reading Glasses Market Outlook

*this image is indicative*

Increasing Preference for Prescription Reading Glasses to Aid the Growth of the Reading Glasses Industry

The reading glasses usually range from strengths of 1-3 and are rarely manufactured for strengths greater than 4 as most people only require low powered readers. Based on type, the prescription segment accounts for a major share in the industry and is expected to maintain its dominance in the forecast period as well. This can be attributed to the growing focus of consumers on getting a reading glass with more accurate vision correction and frame fit. The disadvantages associated with OTC reading glasses include comparatively poor quality and same corrective strength for both eyes as they are ready-made in nature. This is resulting in increased preference for prescription reading glasses among consumers.

North America to Significantly Contribute to the Growth of the Reading Glasses Industry

Region-wise, North America accounts for a significant share in the industry. Within North America, the United States serves as a major market for reading glasses. This can be attributed to the increased awareness among consumers regarding the value of corrected vision and easy access to eyeglasses. Meanwhile, in developing regions like the Asia Pacific, the industry is expected to witness a robust growth in the forecast period owing to the increasing awareness regarding eye care, favourable government initiatives, and increasing consumer disposable incomes.

Reading Glasses: Market Segmentation

Reading glasses are the most common type of vision correction eyeglasses for individuals of all ages. These spectacles are worn by people who face difficulty in reading the content properly as they effectively reduce eye strain and headache. The use of reading glasses can help restore the clear vision of an individual, thus, significantly improving a person’s quality of life.

Based on type, the market is bifurcated into:

  • Prescription
  • OTC

On the basis of glass type, the industry can be segmented into:

  • Single Vision
  • Progressive Lenses
  • Bifocal Glasses
  • Task-Specific
  • Trifocal Glasses
  • Others

By age group, the industry can be categorised into:

  • Less Than 18 Years
  • 18 To 64 Years
  • 65 Years and Above

The market is divided based on distribution channel into:

  • Ophthalmology Clinics
  • Optical Stores
  • Online Stores
  • Others

The regional markets for the product include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Growing Incidences of Ocular Disorders and the Rising Awareness Regarding Eye Care to Boost the Demand for Reading Glasses

The growing cases of ocular disorders such as presbyopia, and others is pushing the growth of the reading glasses industry forward. The growth is higher in the developing regions owing to the increasing awareness regarding eye care and rising access to the product. The increasing geriatric population across the globe is expected to significantly contribute to the growth of the industry.

Over the forecast period, the online stores are expected to generate higher revenue owing to the growing consumer preference for online sales channels due to the convenience factor. Further, the growing emphasis on technological innovations to provide low-cost and trendy spectacles with optimum quality is expected to have a positive effect on the expansion of the global reading glasses industry.

Global Reading Glasses Market  By Region

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Key Industry Players in the Global Reading Glasses Market

The report gives a detailed analysis of the following key players in the global reading glasses market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • De Rigo Vision S.p.A.
  • Bausch & Lomb Incorporated
  • Zenni Optical, Inc.
  • ThinkOptic, Inc.
  • Hoya Lens Thailand Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT 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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Key Questions Answered in the Report

In 2024, the market attained a value of nearly USD 138.77 Billion.

The market is assessed to grow at a CAGR of 3.30% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 192.00 Billion by 2034.

The major drivers of the market include the growing prevalence of ocular disorders, rising awareness regarding eye care, and increasing geriatric population.

The key trends of the market include the growing consumer preference for online stores and the increasing technological innovations.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of reading glasses in the market are prescription and OTC.

The significant glass types in the market are single vision, progressive lenses, bifocal glasses, task-specific, and trifocal glasses, among others.

The major age groups in the market are less than 18 years, 18 to 64 years, and 65 years and above.

The leading distribution channels in the market are ophthalmology clinics, optical stores, and online stores, among others.

The key players in the global reading glasses market are De Rigo Vision S.p.A., Bausch & Lomb Incorporated, Zenni Optical, Inc., ThinkOptic, Inc., and Hoya Lens Thailand Ltd, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Glass Type
  • Age Group
  • Distribution Channel
  • Region 
Breakup by Type
  • Prescription
  • OTC
Breakup by Glass Type
  • Single Vision
  • Progressive Lenses
  • Bifocal Glasses
  • Task-Specific
  • Trifocal Glasses
  • Others
Breakup by Age Group
  • Less Than 18 Years
  • 18 To 64 Years
  • 65 Years and Above
Breakup by Distribution Channel
  • Ophthalmology Clinics
  • Optical Stores
  • Online Stores
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • De Rigo Vision S.p.A.
  • Bausch & Lomb Incorporated
  • Zenni Optical, Inc.
  • ThinkOptic, Inc.
  • Hoya Lens Thailand Ltd
  • Others
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