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Glass Lens Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 105 Pages
  • June 2022
  • Region: Global
  • IMARC Group
  • ID: 5615221
UP TO OFF until Dec 31st 2022
The global glass lens market reached a value of US$ 43.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 54.6 Billion by 2027, exhibiting a CAGR of 4.02% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.



Glass lenses are molded pieces of glass that are widely worn with spectacles to rectify vision impairments. These lenses adjust the amount of light that enters the eye and are available in various forms depending upon the degree of defect in the eye and requirement of the consumer. They also offer protection to the eyes from environmental pollutants such as debris, wind and UV rays. The consumers also have the option of adding different kinds of coatings on the lens such as anti-reflective, blue-light reduction, scratch-resistant and UV protection, that assists them in customizing it to a greater extent. Besides this, glass lenses are preferred by users of all age groups as they require significantly less maintenance and reduce the risk of infections, in comparison to other vision correcting alternatives.

Growing geriatric population is one of the key factors driving market growth. The life expectancy has experienced an increase across the globe owing to the development of advanced healthcare facilities, including improved medicines and a shift from acute to chronic diseases. This has led to the frequent occurrence of vision loss, which is one of the most common ophthalmological concerns among the elderly, along with other eye-related ailments such as diabetic retinopathy, glaucoma, cataract and macular degeneration. Moreover, increasing digital literacy with the growing trend of digitalization is also contributing significantly to the market growth. Digital literacy refers to an individual’s ability to comprehend and analyze information and related attributes on digital platforms. With the concept of digitalization seeping through every aspect of an individual’s daily life, there is a continual interaction taking place with digital devices such as laptops and mobile phones. Consequently, the occurrence of visual dysfunctions, such as myopia, hyperopia and presbyopia, at an early age has become common. This has also led to the prolific growth of the e-commerce eyewear industry as manufacturers are launching innovative eyewear products with a wide variety of glass lenses and benefits such as fast delivery, virtual try-on and competitive prices.

Key Market Segmentation:


The publisher provides an analysis of the key trends in each sub-segment of the global glass lens market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, coating and distribution channel.

Breakup by Product Type:

  • Single Vision Lenses
  • Progressive Lenses
  • Bifocal and Trifocal Lenses
  • Photochromic Lenses
  • Polarized Lenses
  • Others

Breakup by Coating:

  • Anti-Reflective
  • Blue Light Reduction
  • Scratch-Resistant
  • UV Protection

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Competitive Landscape:


The report has also analysed the competitive landscape of the market with some of the key players being Essilor International S.A., Hoya Corporation, Eastman Kodak Company, Carl Zeiss Inc., Fielmann AG, Nikon Corporation, Seiko Holdings Corporation, Luxottica Group S.p.A., Shanghai Conant Optics Company, JiangSu HongChen Optical Company, etc.

Key Questions Answered in This Report:

  • How has the global glass lens market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global glass lens industry?
  • What has been the impact of COVID-19 on the global glass lens industry?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the coating?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the global glass lens industry?
  • What are the key driving factors and challenges in the global glass lens industry?
  • What is the structure of the global glass lens industry and who are the key players?
  • What is the degree of competition in the global glass lens industry?
  • What are the profit margins in the glass lens industry?
Frequently Asked Questions about the Global Glass Lens Market

What is the estimated value of the Global Glass Lens Market?

The Global Glass Lens Market was estimated to be valued at $43.1 Billion in 2021.

What is the growth rate of the Global Glass Lens Market?

The growth rate of the Global Glass Lens Market is 4.0%, with an estimated value of $54.6 Billion by 2027.

What is the forecasted size of the Global Glass Lens Market?

The Global Glass Lens Market is estimated to be worth $54.6 Billion by 2027.

Who are the key companies in the Global Glass Lens Market?

Key companies in the Global Glass Lens Market include Essilor International S.A., Hoya Corporation, Eastman Kodak Company, Carl Zeiss Inc., Fielmann AG, Nikon Corporation, Seiko Holdings Corporation, Luxottica Group S.p.A. and JiangSu HongChen Optical Company.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Glass Lens Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Coating
5.6 Market Breakup by Distribution Channel
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Product Type
6.1 Single Vision Lenses
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Progressive Lenses
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Bifocal and Trifocal Lenses
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Photochromic Lenses
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Polarized Lenses
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Coating
7.1 Anti-Reflective
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Blue Light Reduction
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Scratch-Resistant
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 UV Protection
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Offline
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Online
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
13.1 Key Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Essilor International S.A.
14.3.2 Hoya Corporation
14.3.3 Eastman Kodak Company
14.3.4 Carl Zeiss Inc.
14.3.5 Fielmann AG
14.3.6 Nikon Corporation
14.3.7 Seiko Holdings Corporation
14.3.8 Luxottica Group S.p.A.
14.3.9 Shanghai Conant Optics Company
14.3.10 JiangSu HongChen Optical Company
List of Figures
Figure 1: Global: Glass Lens Market: Major Drivers and Challenges
Figure 2: Global: Glass Lens Market: Sales Value (in Billion US$), 2016 - 2021
Figure 3: Global: Glass Lens Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Glass Lens Market: Breakup by Coating (in %), 2021
Figure 5: Global: Glass Lens Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Glass Lens Market: Breakup by Region (in %), 2021
Figure 7: Global: Glass Lens Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Glass Lens Industry: SWOT Analysis
Figure 9: Global: Glass Lens Industry: Value Chain Analysis
Figure 10: Global: Glass Lens Industry: Porter’s Five Forces Analysis
Figure 11: Global: Glass Lens (Single Vision Lenses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Glass Lens (Single Vision Lenses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Glass Lens (Progressive Lenses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Glass Lens (Progressive Lenses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Glass Lens (Bifocal and Trifocal Lenses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Glass Lens (Bifocal and Trifocal Lenses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Glass Lens (Photochromic Lenses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Glass Lens (Photochromic Lenses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Glass Lens (Polarized Lenses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Glass Lens (Polarized Lenses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Glass Lens (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Glass Lens (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Glass Lens (Anti-Reflective) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Glass Lens (Anti-Reflective) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Glass Lens (Blue Light Reduction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Glass Lens (Blue Light Reduction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Glass Lens (Scratch-Resistant) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Glass Lens (Scratch-Resistant) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Glass Lens (UV Protection) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Glass Lens (UV Protection) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Glass Lens Market: Sales Through Offline (in Million US$), 2016 & 2021
Figure 32: Global: Glass Lens Market Forecast: Sales Through Offline (in Million US$), 2022-2027
Figure 33: Global: Glass Lens Market: Sales Through Online (in Million US$), 2016 & 2021
Figure 34: Global: Glass Lens Market Forecast: Sales Through Online (in Million US$), 2022-2027
Figure 35: North America: Glass Lens Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Glass Lens Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Europe: Glass Lens Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Europe: Glass Lens Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia Pacific: Glass Lens Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia Pacific: Glass Lens Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Middle East and Africa: Glass Lens Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Middle East and Africa: Glass Lens Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Latin America: Glass Lens Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Latin America: Glass Lens Market Forecast: Sales Value (in Million US$), 2022-2027
List of Tables
Table 1: Global: Glass Lens Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Glass Lens Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Glass Lens Market Forecast: Breakup by Coating (in Million US$), 2022-2027
Table 4: Global: Glass Lens Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Glass Lens Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Glass Lens Market: Competitive Structure
Table 7: Global: Glass Lens Market: Key Players

Companies Mentioned

  • Essilor International S.A.
  • Hoya Corporation
  • Eastman Kodak Company
  • Carl Zeiss Inc.
  • Fielmann AG
  • Nikon Corporation
  • Seiko Holdings Corporation
  • Luxottica Group S.p.A.
  • Shanghai Conant Optics Company
  • JiangSu HongChen Optical Company

Methodology

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