Global Eyewear Market: Industry Analysis & Outlook (2017-2021)

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Industry Research by Koncept Analytics
Global Eyewear Market Industry Analysis
Outlook -----------------------------------------
(2017-2021)
December 2017
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Executive Summary


Spectacles are segmented into key categories
including spectacle lenses, spectacle frames, and
sunglasses. Spectacle lenses are held by
spectacle frames in front of eyes acting as a
vision aid to patients suffering from various
visual diseases. Spectacle frames are generally
made of plastic, nylon, a metal or a metal alloy.
Frames can be made to hold the lenses in several
different ways. Sunglasses are eyeglasses tinted
visual aid featuring colored or darkened lenses
to prevent bright sunlight and high-energy
visible light from damaging or discomforting the
eyes. Regionally, Europe is the major
shareholder of the global eyewear market, owing
to the increased ageing population and
urbanization. However, in the coming years,
Asia-Pacific eyewear market is likely to
experience significant growth with increasing
penetration of soft contact lenses and growing
demand for colored lenses in the major countries
like Japan and China. The global eyewear market
is expected to grow in future with high potential
vision correction opportunity, growing ageing
population, growing urban population and growing
middle class population. Key trends of this
market includes shortening of prescription
eyewear replacement cycle by region, increasing
eyewear spending per capita, dominance of
prescription eyewear market, increased
consolidation of market players, evolving plano
sunglasses market and increasing shift towards
daily disposable lenses. However, there are some
factors which can hinder growth of the market
including growing dominance of unbranded
sunglasses and growth in laser surgeries. The
report Global Eyewear Market Industry Analysis
Outlook (2017-2021) by Koncept Analytics
provides an extensive research and detailed
analysis of the present market along with future
outlook. The report discusses the major growth
drivers and challenges of the market, covering
Europe, North America, Asia-Pacific along with
the global market. The report profiles key
players of the market including GrandVision,
Luxottica, Essilor and Safilo Group.
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Growth of global eyewear market would be driven
by rising urban population, ageing people,
changing consumer behavior towards luxury eyewear
products
Global Eyewear Market Forecast by Value
(2017-2021)

• The global eyewear market is expected to reach
  US.. billion in the year 2021, increasing from
  US .. billion in the fiscal year 2017 at a CAGR
  of .. for the period spanning 2017-2021.
• In the year 2021, global eyewear market volume is
  expected to reach .. million units, increasing
  from .. million units in 2017, recording growth
  at a CAGR of .. for the period spanning
  2017-2021.
• In year 2016, spectacles segment held the largest
  share of .. in global eyewear market followed by
  contact lenses segment with a share of ...

Global Eyewear Market Value by Product Type (2016)
Global Eyewear Market Forecast by Volume
(2017-2021)
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Growth in major regional markets such as North
America, Europe would be supported by growing
sunglasses market, increase in online presence of
key vendors..
Global Eyewear Market by Region (2016)

• In year 2016, Europe held the largest share of
  .. in global eyewear market value, followed by
  North America with a share of ...
• In the year 2021, North America eyewear market is
  expected to reach US.. billion, increasing from
  US.. billion in 2016, at a CAGR of .. for the
  period spanning 2016-2021.
• In year 2021, European eyewear market is expected
  to reach US.. billion, increasing from US..
  billion in 2016, at a CAGR of ...

Europe Eyewear Market Forecast by Value
(2016-2021)
North America Eyewear Market Forecast by Value
(2016-2021)
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