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. The global eyewear market is
driven by the rising population of individual suffering from
conditions such as myopia, presbyopia, hyperopia, and astigmatism.
The demand for corrective eyewear is the major driving force behind
the growth of this market
The report analyzes
the global eyewear market on the basis of the product types,
distribution channels, and regional markets.
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Research Report of Eyewear Market :
Based on products,
the global eyewear market is classified into the markets for
spectacles, plano sunglasses, and contact lenses. By distribution
channels, retail outlets, online portals, and healthcare service
providers are the key segments in the market. Regionally, the global
eyewear market is spread across North America, Europe, Asia Pacific,
and the Rest of the World.
The research report
offers a comparative analysis of the global eyewear market on the
basis of the qualitative as well as quantitative evaluation of every
segment of this industry. The study also evaluates the present market
dynamics and the existing trends such as the driving forces,
restrictions, and future prospects the eyewear market across the
globe.
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Report :
Overview of the
global eyewear market
According to the TMR
report, the demand for eyewear products in 2011 was more than 2,600
million units and it is expected to register a CAGR of 3.7% between
2012 and 2018. In terms of revenue, the market generated
approximately US$81 billion in 2011 and is projected to attain US$130
billion by the end of the forecast period.
On the basis of the
types of eyewear, the market for spectacles, including both,
spectacle lenses and spectacle frames, dominates the global eyewear
market. In 2011, the spectacles market valued more than US$63
billion. Aided by the rising number of individuals using as well as
needing prescription eyewear or corrective eyewear, the future of
this market is booming.
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Release of Eyewear Market :
Though the market
for contact lenses is comparatively small, but its future isn’t
bleak at all. On account of the increasing awareness about the
benefits and convenience of use, the contact lenses are gaining
worldwide acceptance, which, in turn is expected to help the market
expand significantly.
In 2012, the eyewear
market in North America acquired the leading position occupying more
than 30% of the global market in terms of consumption. The high
demand for sunglasses and contact lenses in the region was the key
driver fuelling the eyewear market in North America. On the other
hand, the European eyewear market generated the highest revenue of
around 40% of the overall market, the same year.
The eyewear market
in Asia Pacific, specifically in India and China is expected to
register fastest growth in the global market at a CAGR of 9.0% during
the period from 2012 to 2018 on the account of increasing usage of
eyewear owing to the dense population in the region.
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Though the market is
reporting impressive growth at present, the rising popularity of the
refractive surgeries is expected to pose significant challenge to the
market in the coming future.
Companies
mentioned in the research report
The global eyewear
market possess a large base of participants including Luxottica,
Essilor Int., Safilo, Johnson & Johnson Vision Care,
CooperVision, Carl Zeiss, Bausch & Lomb, Fielmann, Marchon
Eyewear, De Rigo, CIBA Vision Inc., Hoya Corp., Specsavers Optical,
and Vision Express. Among these, Johnson & Johnson, CooperVision,
CIBA vision, and Bausch & Lomb dominates the contact lenses
market. For spectacle lenses, Carl Zeiss and Essilor are the leading
manufacturers, whereas, Luxottica and Safilo are the major suppliers
for plano sunglasses.
Key
segments of the global eyewear market
By Product Type
- Spectacles
- Spectacle lenses
- Spectacle frames
- Contact Lenses
- Plano Sunglasses
By Distribution
Channel
- Retail outlets
- Healthcare service providers
- Online portals
Major geographies
analyzed under this research report are:
- Europe
- North America
- Asia-Pacific
- Rest of the World
This report gives
you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of
this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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employs rigorous primary and secondary research techniques in
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