Transparency Market
Research (TMR), a market intelligence and research firm, has
published a research study on the global eyewear market. The report
pegs the overall value of this market in 2011 at US$81.0 bn. Further,
it predicts that the worldwide eyewear market will reach a value of
US$130 bn by the end of 2018.
According to the
research report, titled “Eyewear Market - Global Industry
Analysis, Size, Share, Growth and Forecast 2012 - 2018”, in
terms of demand, the global eyewear market will reach a capacity of
2,600 units in 2011. Analysts project the market to develop at a CAGR
of 3.70% during the period from 2012 to 2018.The markets for
spectacles, contact lenses, and plano sunglasses are the main product
segments of the global eyewear market. Among these, the spectacles
market leads the global eyewear product market. In 2011, the
spectacles market stood at a valuation of around US$63 bn and
according to market experts, this segment will show extensive growth
over the forecast period owing to the increasing number of
individuals who uses and who needs eyewear.
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Research Report of Eyewear Market :
Apart from this, the
report analyzes the market for contact lenses, which is also showing
signs of remarkable growth owing to the increasing awareness
regarding the benefits and convenience of use offered by contact
lenses.Asia Pacific, Europe, North America, and the Rest of the World
are described as the major regional market in this report. The North
America eyewear market led the global eyewear market in 2012, holding
over 30% of the overall eyewear market. The demand for contact lenses
and sunglasses in North America has exhibited rapid increase in the
recent past, stimulating the regional market’s development.
On the other hand,
in terms of revenue, the eyewear market in Europe held around 40% of
the overall market in 2011, positioning itself as the highest gainer
for that year, states the report. However, the Asia Pacific eyewear
market is expected to post the fastest development over the forecast
period at a CAGR of 9.0% on account of the dense population,
resulting in the rising usage of eyewear in this region. In Asia
Pacific, India and China are likely to emerge as the largest eyewear
markets over the forecast period.
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Report Copy :
The research report
profiles major eyewear market participants to analyze the competitive
landscape of the market. CIBA Vision Inc., Marchon Eyewear, Johnson &
Johnson Vision Care, Luxottica, Safilo, CooperVision, Carl Zeiss,
Fielmann, De Rigo, Specsavers Optical, Vision Express, Essilor Int.,
Bausch & Lomb, and Hoya Corp. are the major players operating in
the global eyewear market.While, Johnson & Johnson, CIBA vision,
CooperVision, and Bausch & Lomb are the dominant players of the
market for contact lenses, Essilor and Carl Zeiss lead the global
market in the spectacle lenses segment. On the other hand, Safilo and
Luxottica lead the plano sunglasses market, states the market study.
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Release of Eyewear Market :
The global eyewear
market is segmented into:
By Product
Type
- Spectacles
- Spectacle lenses
- Spectacle frames
- Contact Lenses
- Plano Sunglasses
By
Distribution Channel
- Retail outlets
- Healthcare service providers
- Online portals
By Region
- Europe
- North America
- Asia-Pacific
- Rest of the World
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