FEATURED COMPANIES
- De Rigo Vision S.p. A.
- Fielmann AG
- Luxottica Group SpA
- Safilo Group S.p. A.
In this report, the global eyewear market is segmented into spectacles, sunglasses, contact lenses and eyewear frame. The spectacles segment further divided into frames and lens. Sunglasses have been segmented into Plano and prescription sunglasses. Contact lenses are divided into two parts multifocal and sphere. Moreover, Spectacles lenses market has projected to maintain its dominating position at the end of the forecast year. This market trend has owed to the increasing prevalence of hypermetropia and myopia.
Over the last years, many leading international companies influence various distribution channels, particularly online retailing, to drive market penetration over the traditional store. There are many products in women’s eyewear (heavy trendy eyeglasses, vintage round glasses and hipster silhouettes) are trending in the market. In men’s eyewear (gold metal eyeglasses, Dark Lenses, Wayfarers and Classic Aviators) are increasing the market demand. International leading luxury brands like Giorgio Armani, Cartier, Prada, and Gucci have started selling their premium eyewear products globally.
In recent years, the advancement of technology, such as eye check-up through computer or smartphone by medical professionals and the rising prevalence of eyesight and vision deficiencies, will drive eyewear market growth in the forecast period. Covid-19 addresses evolving challenges for the eyewear industry due to lockdown. People are more concerned about purchasing a product through stores and shopping malls because of shape and size, and other hands have disrupted manufacturing and supply chain management.
Global eyewear market is likely to bounce back well from 2021 onwards as spectacles and contact lenses will benefit from their value as medical devices. However, it eases the users to see and therefore, to function better daily. The global eyewear industry's significant challenges were that the market was broadly insulated by increasing consumer price sensitivity. Thus, the consumer purchases these things through their entire life savings where possible throughout the forecast period.
The report titled “Global Eyewear Market By Product (Spectacle Lenses, Sunglasses, Frames and Contact Lenses), Distribution Channel (Offline and Online), End Users (Men, Women, and Unisex) Regions (North America, Europe, Asia-Pacific and Rest of World), Company Analysis (Luxottica Group SpA, Safilo Group S.p.A., Essilor International S.A., De Rigo Vision S.p.A., and Fielmann AG)" This report provides an all-encompassing analysis on the global eyewear market Industry.
Products - This Report covers Market from 4 Viewpoints
1. Spectacle Lenses
2. Sunglasses
3. Frames
4. Contact Lenses
Distribution Channel - This Report covers Market from 2 Viewpoints
- Offline
- Online
End Users- This Report covers Market from 3 Viewpoints
- Men
- Women
- Unisex
Regions - This Report covers Market from 4 Viewpoints
- North America
- Europe
- Asia-Pacific
- Rest of World
All the key players have covered 3 Viewpoints
- Overview
- Recent Developments
- Revenue Analysis
Company - This Report covers five companies Analysis
- Luxottica Group SpA
- Safilo Group S.p. A.
- Essilor International S.A.
- De Rigo Vision S.p. A.
- Fielmann AG
What is the estimated value of the Global Eyewear Market?
What is the growth rate of the Global Eyewear Market?
What is the forecasted size of the Global Eyewear Market?
Who are the key companies in the Global Eyewear Market?
FEATURED COMPANIES
- De Rigo Vision S.p. A.
- Fielmann AG
- Luxottica Group SpA
- Safilo Group S.p. A.
- Luxottica Group SpA
- Safilo Group S.p. A.
- Essilor International S.A.
- De Rigo Vision S.p. A.
- Fielmann AG
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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