Global Luxury Eyewear Market 2019-2023 - Product Image

Global Luxury Eyewear Market 2019-2023

  • ID: 4747485
  • Report
  • Region: Global
  • 115 pages
  • TechNavio
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FEATURED COMPANIES

  • Essilor
  • Kering
  • LUXOTTICA GROUP
  • LVMH
  • Safilo Group
  • MORE
Growing trend for personalized luxury eyewear to drive market growth. The desire for premium eyeglasses and sunglasses among potential customers is growing in European countries such as Germany, the UK, France, Spain, and Italy. Some of the popular premium brands of sunglasses are sold by LVMH. LUXOTTICA GROUP. Safilo Group, and Essilor. Despite low volume sales relative to the mass-made product, increasing consumer expenditure on premium brands will prove fruitful for the market during the forecast period. The analysts have predicted that the luxury eyewear market will register a CAGR of over 6% by 2023.

Market Overview

Increasing cases of vision disorder

The growing levels of pollution and unhealthy and undernutritious diet of people across the globe lead to various health issues, including vision disorder. This has raised the demand for vision correction devices such as prescription lenses. Consumers aged between 15 and 49 years are the major users of sunglasses. The use of sunglasses by consumers above the age of 50 is gradually growing. Also, the introduction of new prescription sunglasses has eliminated the use of different pairs of prescription eyewear and sunglasses.

Threat from counterfeit products

The growing market prospects of fashion products and their surging demand are driving the market for counterfeit luxury eyewear, particularly in developing regions. The advent and growing penetration of e-commerce have further propelled the sales of counterfeit products by widening their geographical reach. Customers face difficulties in distinguishing between genuine and counterfeit products, as they appear similar

For the detailed list of factors that will drive and challenge the growth of the luxury eyewear market during the 2019-2023, view this report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including LVMH and Safilo Group, the competitive environment is quite intense. Factors such as the rising cases of vision disorder and the growing trend for personalized luxury eyewear, will provide considerable growth opportunities to luxury eyewear manufactures. Essilor, Kering, LUXOTTICA GROUP, LVMH, and Safilo Group are some of the major companies covered in this report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Essilor
  • Kering
  • LUXOTTICA GROUP
  • LVMH
  • Safilo Group
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Eyeglasses - Market size and forecast 2018-2023
  • Sunglasses - Market size and forecast 2018-2023
  • Market opportunity by product
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Utility of eyewear as a fashion product
  • Growing trend for personalized luxury eyewear
  • Adoption of omnichannel retailing
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Essilor
  • Kering
  • LUXOTTICA GROUP
  • LVMH
  • Safilo Group
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Global eyewear market
Exhibit 03: Segments of global eyewear market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Product - Market share 2018-2023 (%)
Exhibit 19: Comparison by product
Exhibit 20: Eyeglasses - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Eyeglasses - Year-over-year growth 2019-2023 (%)
Exhibit 22: Sunglasses - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Sunglasses - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by product
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: North America - Year-over-year growth 2019-2023 (%)
Exhibit 30: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 32: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 34: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: South America - Year-over-year growth 2019-2023 (%)
Exhibit 36: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Decision framework
Exhibit 41: Individuals using the internet (% of the population) 2011-2016
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Essilor - Vendor overview
Exhibit 49: Essilor - Business segments
Exhibit 50: Essilor - Organizational developments
Exhibit 51: Essilor - Geographic focus
Exhibit 52: Essilor - Segment focus
Exhibit 53: Essilor - Key offerings
Exhibit 54: Kering - Vendor overview
Exhibit 55: Kering - Business segments
Exhibit 56: Kering - Organizational developments
Exhibit 57: Kering - Geographic focus
Exhibit 58: Kering - Segment focus
Exhibit 59: Kering - Key offerings
Exhibit 60: LUXOTTICA GROUP - Vendor overview
Exhibit 61: LUXOTTICA GROUP - Business segments
Exhibit 62: LUXOTTICA GROUP - Organizational developments
Exhibit 63: LUXOTTICA GROUP - Geographic focus
Exhibit 64: LUXOTTICA GROUP - Segment focus
Exhibit 65: LUXOTTICA GROUP - Key offerings
Exhibit 66: LVMH - Vendor overview
Exhibit 67: LVMH - Business segments
Exhibit 68: LVMH - Organizational developments
Exhibit 69: LVMH - Geographic focus
Exhibit 70: LVMH - Segment focus
Exhibit 71: LVMH - Key offerings
Exhibit 72: Safilo Group - Vendor overview
Exhibit 73: Safilo Group - Business segments
Exhibit 74: Safilo Group - Organizational developments
Exhibit 75: Safilo Group - Geographic focus
Exhibit 76: Safilo Group - Segment focus
Exhibit 77: Safilo Group - Key offerings
Exhibit 78: Validation techniques employed for market sizing
Exhibit 79: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Essilor
  • Kering
  • LUXOTTICA GROUP
  • LVMH
  • Safilo Group
  • MORE
Global Luxury Eyewear Market 2019-2023

The author recognizes the following companies as the key players in the global luxury eyewear market: Essilor, Kering, LUXOTTICA GROUP, LVMH, and Safilo Group.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing trend for personalized luxury eyewear.”

According to the report, one of the major drivers for this market is the rising cases of vision disorder.

Further, the report states that one of the major factors hindering the growth of this market is the threat from counterfeit products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Essilor
  • Kering
  • LUXOTTICA GROUP
  • LVMH
  • Safilo Group
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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