Eyewear Market Volume Growth and Analysis 2016

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Global Eyewear Market Share, Size, Trends,
Analysis, Outlook and Overview Research Report
Growth,
Technavio Announces the Publication of its Research Report – Global Eyewear Market 2016-2020
Technavio recognizes the following companies as the key players in the global eyewear market: Alcon,
Essilor, Johnson & Johnson Vision Care, Luxottica, and Safilo.
Other Prominent Vendors in the market are: Alexander McQueen, Charmant, CIBA Vision, CooperVision,
De Rigo Vision, Fielmann, Lanvin, Marchon Eyewear, Marcolin Eyewear, Maui Jim, Michael Kors,
Pivothead, Prada, Revo, Specsavers Optical, Tag Heuer, Vision Express, and Walmart.
Commenting on the report, an analyst from Technavio’ s team said: “A key trend which is contributing
to market growth is the use of eyewear as fashion products. Eyewear designers are increasingly focusing
on the development of eyeglasses and sunglasses in new styles, sizes, colors, and designs. Consumers
can now choose products depending on the occasion, such as office wear, casual wear, party wear, and
beachwear. Prescription sunglasses have gained immense popularity, with many consumers maintaining
two pairs of glasses for daily use: one pair of regular prescription eyeglasses and one pair of prescription
sunglasses.”
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According to the report, a key growth driver is the increasing prevalence of sight disorders. The high
prevalence of vision disorders today may be attributed to factors such as changing dietary habits, and
more time spent playing video games, watching television, and in front of computers at work and at
home. 75% of people in APAC, and 35% each in Europe and the US, suffer from some form of myopia or
hyperopia. Approximately 5,000 cataract operations are carried out per million people every year
worldwide; cataracts are one of the leading causes of blindness in the world.
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Further, the report states that one challenge that could restrict market growth is the rise in adoption of
refractive eye surgery.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors in the report global general retail
goods and services eyewear market
About the Eyewear Market
The global eyewear market is driven by the high prevalence of eyesight disorders and increase in
demand for discretionary eyewear. Approximately 75% of the population in APAC and 35% in Europe
have some form of myopia or hyperopia. Changing dietary habits and increased amounts of time spent
playing video games, watching television, and in front of computers at work can affect eyesight. In
developed markets such as the US, Germany, the UK, France, Italy, Spain, and Japan, the consumption of
discretionary items is increasing because of the availability of a wide variety of styles, colors, and
features in products, and the influence of celebrity styles.
Based on the product offerings of the major global eyewear retail players, the products in the market
can be categorized into three: eyeglasses, sunglasses, and contact lenses. Eyeglasses can be categorized
into the following sub-segments: frames and lenses.
Technavio’ s analysts forecast the global eyewear market to grow at a CAGR of 7.18% during the period
2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global eyewear market for
2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of
the following eyewear products:
• Eyeglasses
• Sunglasses
• Contact lenses
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
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Technavio's report, Global Eyewear Market 2016-2020, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the key vendors operating in
this market.
Key vendors
• Alcon
• Essilor
• Johnson & Johnson Vision Care
• Luxottica
• Safilo
Other prominent vendors
• Alexander McQueen
• Charmant
• CIBA Vision
• CooperVision
• De Rigo Vision
• Fielmann
• Lanvin
• Marchon Eyewear
• Marcolin Eyewear
• Maui Jim
• Michael Kors
• Pivothead
• Prada
• Revo
• Specsavers Optical
• Tag Heuer
• Vision Express
• Walmart
Market driver
• High prevalence of eyesight disorders
• For a full, detailed list, view our report
Market challenge
• Rise in adoption of refractive eye surgery
• For a full, detailed list, view our report
Market trend
• Eyewear as fashion products
• For a full, detailed list, view our report
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Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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Technavio Announces the Publication of its Research Report Global Eyewear Market 2016-2020 Technavio recognizes the following companies as the key players in the global eyewear market: Alcon, Essilor, Johnson & Johnson Vision Care, Luxottica, and Safilo.