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Eyewear Market By Product (Contact Lenses, Spectacles, Sunglasses) and By Distribution Channel (E-Commerce, Brick & Mortar): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

  • Publish On: Jun-2020
  • Total Pages: 189
  • Report Code: FAF-1167
  • Base Year: 2019
  • Format:

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Eyewear industry. The report analyzes and declares the historical and current trends analysis of the eyewear industry and subsequently recommends the projected trends anticipated to be observed in the eyewear market during the upcoming years.

The eyewear market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire eyewear market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the eyewear industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the eyewear industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the eyewear market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the eyewear industry. The eyewear market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the eyewear sector. Key strategic developments in the Eyewear market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the eyewear market are appropriately highlighted in the report.

The growing use of electronic devices by the younger generation such as personal computers, mobile devices and TVs for entertainment have led to rising eye health concerns. The younger generation are actively buying eyewear products due to straining of eyes. Additionally, the changes in prescription by eye clinics have led to increase in sale of eyewear products.

The rising use of eyewear as a fashionable accessory has resulted into growth of premium eyewear sale. The economically sound population are increasing spending towards personal eyewear for projecting their stature.

The eyewear market research report delivers an acute valuation and taxonomy of the eyewear industry by practically splitting the market based on product type, distribution channel and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the eyewear industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the eyewear industry is provided for the leading economies of the world.

The eyewear market is segmented based on product type, distribution channel and region. On the basis of product type segmentation, the market is classified into contact lenses, spectacles and sunglasses. On the basis of distribution channel, the market is bifurcated into ecommerce and brick and mortar.

Some of the essential players operating in the eyewear market, but not restricted to include Safilo Group S.p.A, EssilorLuxottica, CooperVision, Bausch + Lomb Inc. and Fielmann AG.

The taxonomy of the eyewear industry by its scope and segmentation is as follows:

Global Eyewear Market: By Product type Segmentation Analysis

  • Contact Lenses
  • Spectacles
  • Sunglasses

Global Eyewear Market: By Distribution Channel Segmentation Analysis

  • E-Commerce
  • Brick and Mortar

Global Eyewear Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
  • The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Eyewear market – Product Analysis
    1. 2.1. Global Eyewear Market – Product Overview
    2. 2.2. Global Eyewear Market Share, by Product, 2019 & 2026 (USD Billion)
    3. 2.3. Contact Lenses
      1. 2.3.1. Global Contact Lenses Eyewear Market, 2016-2026 (USD Billion)
    4. 2.4. Spectacles
      1. 2.4.1. Global Spectacles Eyewear Market, 2016-2026 (USD Billion)
    5. 2.5. Sunglasses
      1. 2.5.1. Global Sunglasses Eyewear Market, 2016-2026 (USD Billion)
  3. CHAPTER 3. Eyewear market – Distribution Channel Analysis
    1. 3.1. Global Eyewear Market – Distribution Channel Overview
    2. 3.2. Global Eyewear Market Share, by Distribution Channel, 2019 & 2026 (USD Billion)
    3. 3.3. E-Commerce
      1. 3.3.1. Global E-Commerce Eyewear Market, 2016-2026 (USD Billion)
    4. 3.4. Brick & Mortar
      1. 3.4.1. Global Brick & Mortar Eyewear Market, 2016-2026 (USD Billion)
  4. CHAPTER 4. Eyewear market – Regional Analysis
    1. 4.1. Global Eyewear Market Regional Overview
    2. 4.2. Global Eyewear Market Share, by Region, 2019 & 2026 (Value)
    3. 4.3. North America
      1. 4.3.1. North America Eyewear Market size and forecast, 2016-2026
      2. 4.3.2. North America Eyewear Market, by Country, 2019 & 2026 (USD Billion)
      3. 4.3.3. North America Eyewear Market, by Product, 2016-2026
        1. 4.3.3.1. North America Eyewear Market, by Product, 2016-2026 (USD Billion)
      4. 4.3.4. North America Eyewear Market, by Distribution Channel, 2016-2026
        1. 4.3.4.1. North America Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
      5. 4.3.5. U.S.
        1. 4.3.5.1. U.S. Market size and forecast, 2016-2026 (USD Billion)
      6. 4.3.6. Canada
        1. 4.3.6.1. Canada Market size and forecast, 2016-2026 (USD Billion)
    4. 4.4. Europe
      1. 4.4.1. Europe Eyewear Market size and forecast, 2016-2026
      2. 4.4.2. Europe Eyewear Market, by Country, 2019 & 2026 (USD Billion)
      3. 4.4.3. Europe Eyewear Market, by Product, 2016-2026
        1. 4.4.3.1. Europe Eyewear Market, by Product, 2016-2026 (USD Billion)
      4. 4.4.4. Europe Eyewear Market, by Distribution Channel, 2016-2026
        1. 4.4.4.1. Europe Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
      5. 4.4.5. Germany
        1. 4.4.5.1. Germany Market size and forecast, 2016-2026 (USD Billion)
      6. 4.4.6. France
        1. 4.4.6.1. France Market size and forecast, 2016-2026 (USD Billion)
      7. 4.4.7. U.K.
        1. 4.4.7.1. U.K. Market size and forecast, 2016-2026 (USD Billion)
      8. 4.4.8. Italy
        1. 4.4.8.1. Italy Market size and forecast, 2016-2026 (USD Billion)
      9. 4.4.9. Spain
        1. 4.4.9.1. Spain Market size and forecast, 2016-2026 (USD Billion)
      10. 4.4.10. Rest of Europe
        1. 4.4.10.1. Rest of Europe Market size and forecast, 2016-2026 (USD Billion)
    5. 4.5. Asia Pacific
      1. 4.5.1. Asia Pacific Eyewear Market size and forecast, 2016-2026
      2. 4.5.2. Asia Pacific Eyewear Market, by Country, 2019 & 2026 (USD Billion)
      3. 4.5.3. Asia Pacific Eyewear Market, by Product, 2016-2026
        1. 4.5.3.1. Asia Pacific Eyewear Market, by Product, 2016-2026 (USD Billion)
      4. 4.5.4. Asia Pacific Eyewear Market, by Distribution Channel, 2016-2026
        1. 4.5.4.1. Asia Pacific Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
      5. 4.5.5. China
        1. 4.5.5.1. China Market size and forecast, 2016-2026 (USD Billion)
      6. 4.5.6. Japan
        1. 4.5.6.1. Japan Market size and forecast, 2016-2026 (USD Billion)
      7. 4.5.7. India
        1. 4.5.7.1. India Market size and forecast, 2016-2026 (USD Billion)
      8. 4.5.8. South Korea
        1. 4.5.8.1. South Korea Market size and forecast, 2016-2026 (USD Billion)
      9. 4.5.9. South-East Asia
        1. 4.5.9.1. South-East Asia Market size and forecast, 2016-2026 (USD Billion)
      10. 4.5.10. Rest of Asia Pacific
        1. 4.5.10.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Billion)
    6. 4.6. Latin America
      1. 4.6.1. Latin America Eyewear Market size and forecast, 2016-2026
      2. 4.6.2. Latin America Eyewear Market, by Country, 2019 & 2026 (USD Billion)
      3. 4.6.3. Latin America Eyewear Market, by Product, 2016-2026
        1. 4.6.3.1. Latin America Eyewear Market, by Product, 2016-2026 (USD Billion)
      4. 4.6.4. Latin America Eyewear Market, by Distribution Channel, 2016-2026
        1. 4.6.4.1. Latin America Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
      5. 4.6.5. Brazil
        1. 4.6.5.1. Brazil Market size and forecast, 2016-2026 (USD Billion)
      6. 4.6.6. Mexico
        1. 4.6.6.1. Mexico Market size and forecast, 2016-2026 (USD Billion)
      7. 4.6.7. Rest of Latin America
        1. 4.6.7.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Billion)
    7. 4.7. The Middle-East and Africa
      1. 4.7.1. The Middle-East and Africa Eyewear Market size and forecast, 2016-2026
      2. 4.7.2. The Middle-East and Africa Eyewear Market, by Country, 2019 & 2026 (USD Billion)
      3. 4.7.3. The Middle-East and Africa Eyewear Market, by Product, 2016-2026
        1. 4.7.3.1. The Middle-East and Africa Eyewear Market, by Product, 2016-2026 (USD Billion)
      4. 4.7.4. The Middle-East and Africa Eyewear Market, by Distribution Channel, 2016-2026
        1. 4.7.4.1. The Middle-East and Africa Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
      5. 4.7.5. GCC Countries
        1. 4.7.5.1. GCC Countries Market size and forecast, 2016-2026 (USD Billion)
      6. 4.7.6. South Africa
        1. 4.7.6.1. South Africa Market size and forecast, 2016-2026 (USD Billion)
      7. 4.7.7. Rest of Middle-East Africa
        1. 4.7.7.1. Rest of Middle-East Africa Market size and forecast, 2016-2026 (USD Billion)
  5. CHAPTER 5. Eyewear market – Competitive Landscape
    1. 5.1. Competitor Market Share – Revenue
    2. 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 5.3. Strategic Development
      1. 5.3.1. Acquisitions and Mergers
      2. 5.3.2. New Products
      3. 5.3.3. Research & Development Activities
  6. CHAPTER 6. Company Profiles
    1. 6.1. Safilo Group S.p.A
      1. 6.1.1. Company Overview
      2. 6.1.2. Safilo Group S.p.A Revenue and Gross Margin
      3. 6.1.3. Product portfolio
      4. 6.1.4. Recent initiatives
    2. 6.2. EssilorLuxottica
      1. 6.2.1. Company Overview
      2. 6.2.2. EssilorLuxottica Revenue and Gross Margin
      3. 6.2.3. Product portfolio
      4. 6.2.4. Recent initiatives
    3. 6.3. CooperVision
      1. 6.3.1. Company Overview
      2. 6.3.2. CooperVision Revenue and Gross Margin
      3. 6.3.3. Product portfolio
      4. 6.3.4. Recent initiatives
    4. 6.4. Bausch + Lomb Inc.
      1. 6.4.1. Company Overview
      2. 6.4.2. Bausch + Lomb Inc. Revenue and Gross Margin
      3. 6.4.3. Product portfolio
      4. 6.4.4. Recent initiatives
    5. 6.5. Fielmann AG
      1. 6.5.1. Company Overview
      2. 6.5.2. Fielmann AG Revenue and Gross Margin
      3. 6.5.3. Product portfolio
      4. 6.5.4. Recent initiatives
  7. CHAPTER 7. Eyewear — Industry Analysis
    1. 7.1. Eyewear Market – Key Trends
      1. 7.1.1. Market Drivers
      2. 7.1.2. Market Restraints
      3. 7.1.3. Market Opportunities
    2. 7.2. Value Chain Analysis
    3. 7.3. Technology Roadmap and Timeline
    4. 7.4. Eyewear Market – Attractiveness Analysis
      1. 7.4.1. By Product
      2. 7.4.2. By Distribution Channel
      3. 7.4.3. By Region
  8. CHAPTER 8. Marketing Strategy Analysis, Distributors
    1. 8.1. Marketing Channel
    2. 8.2. Direct Marketing
    3. 8.3. Indirect Marketing
    4. 8.4. Marketing Channel Development Trend
    5. 8.5. Economic/Political Environmental Change
  9. CHAPTER 9. Report Conclusion
  10. CHAPTER 10. Research Approach & Methodology
    1. 10.1. Report Description
    2. 10.2. Research Scope
    3. 10.3. Research Methodology
      1. 10.3.1. Secondary Research
      2. 10.3.2. Primary Research
      3. 10.3.3. Models
        1. 10.3.3.1. Company Share Analysis Model
        2. 10.3.3.2. Revenue Based Modeling
        3. 10.3.3.3. Research Limitations

        List of Figures

        FIG. 1 Global Eyewear Market, 2016-2026 (USD Billion)
        FIG. 2 Global Eyewear Market Share, by Product, 2019 & 2026 (USD Billion)
        FIG. 3 Global Contact Lenses Eyewear Market, 2016-2026 (USD Billion)
        FIG. 4 Global Spectacles Eyewear Market, 2016-2026 (USD Billion)
        FIG. 5 Global Sunglasses Eyewear Market, 2016-2026 (USD Billion)
        FIG. 6 Global Eyewear Market Share, by Distribution Channel, 2019 & 2026 (USD Billion)
        FIG. 7 Global E-Commerce Eyewear Market, 2016-2026 (USD Billion)
        FIG. 8 Global Brick & Mortar Eyewear Market, 2016-2026 (USD Billion)
        FIG. 9 Global Eyewear Market Share, by Region, 2019 & 2026
        FIG. 10 North America Eyewear Market, 2016-2026
        FIG. 11 U.S. Eyewear Market, 2016-2026
        FIG. 12 Canada Eyewear Market, 2016-2026
        FIG. 13 Europe Eyewear Market, 2016-2026
        FIG. 14 Germany Eyewear Market, 2016-2026
        FIG. 15 France Eyewear Market, 2016-2026
        FIG. 16 U.K. Eyewear Market, 2016-2026
        FIG. 17 Italy Eyewear Market, 2016-2026
        FIG. 18 Spain Eyewear Market, 2016-2026
        FIG. 19 Rest of Europe Eyewear Market, 2016-2026
        FIG. 20 Asia Pacific Eyewear Market, 2016-2026
        FIG. 21 China Eyewear Market, 2016-2026
        FIG. 22 Japan Eyewear Market, 2016-2026
        FIG. 23 India Eyewear Market, 2016-2026
        FIG. 24 South  Korea Eyewear Market, 2016-2026
        FIG. 25 South-East Asia Eyewear Market, 2016-2026
        FIG. 26 Rest of Asia Pacific Eyewear Market, 2016-2026
        FIG. 27 Latin America Eyewear Market, 2016-2026
        FIG. 28 Brazil Eyewear Market, 2016-2026
        FIG. 29 Mexico Eyewear Market, 2016-2026
        FIG. 30 Rest of Latin America Eyewear Market, 2016-2026
        FIG. 31 The Middle-East and Africa Eyewear Market, 2016-2026
        FIG. 32 GCC Countries Eyewear Market, 2016-2026
        FIG. 33 South Africa Eyewear Market, 2016-2026
        FIG. 34 Rest of Middle-East Africa Eyewear Market, 2016-2026
        FIG. 35 Competitor Market Share – Revenue
        FIG. 36 Safilo Group S.p.A Revenue and Growth Rate
        FIG. 37 Safilo Group S.p.A Market Share
        FIG. 38 EssilorLuxottica Revenue and Growth Rate
        FIG. 39 EssilorLuxottica Market Share
        FIG. 40 CooperVision Revenue and Growth Rate
        FIG. 41 CooperVision Market Share
        FIG. 42 Bausch + Lomb Inc. Revenue and Growth Rate
        FIG. 43 Bausch + Lomb Inc. Market Share
        FIG. 44 Fielmann AG Revenue and Growth Rate
        FIG. 45 Fielmann AG Market Share
        FIG. 46 Market Dynamics
        FIG. 47 Global Eyewear – Value Chain Analysis
        FIG. 48 Technology Roadmap and Timeline
        FIG. 49 Market Attractiveness Analysis – By Product
        FIG. 50 Market Attractiveness Analysis – By Distribution Channel
        FIG. 51 Market Attractiveness Analysis – By Region
        FIG. 52 Market Channel
        FIG. 53 Marketing Channel Development Trend
        FIG. 54 Growth in World Gross Product, 2008-2019
        

        List of Tables

        TABLE 1 Global Eyewear Market, 2019 & 2026 (USD Billion)
        TABLE 2 Global Eyewear market, by Product, 2016-2026 (USD Billion)
        TABLE 3 Global Eyewear market, by Distribution Channel, 2016-2026 (USD Billion)
        TABLE 4 Global Eyewear market, by Region, 2016-2026 (USD Billion)
        TABLE 5 North America Eyewear Market, by Product, 2016-2026 (USD Billion)
        TABLE 6 North America Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
        TABLE 7 Europe Eyewear Market, by Product, 2016-2026 (USD Billion)
        TABLE 8 Europe Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
        TABLE 9 Asia Pacific Eyewear Market, by Product, 2016-2026 (USD Billion)
        TABLE 10 Asia Pacific Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
        TABLE 11 Latin America Eyewear Market, by Product, 2016-2026 (USD Billion)
        TABLE 12 Latin America Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
        TABLE 13 The Middle-East and Africa Eyewear Market, by Product, 2016-2026 (USD Billion)
        TABLE 14 The Middle-East and Africa Eyewear Market, by Distribution Channel, 2016-2026 (USD Billion)
        TABLE 15 Global Eyewear Market - Company Revenue Analysis 2016-2019 (USD Billion)
        TABLE 16 Global Eyewear Market - Company Revenue Share Analysis 2016-2019(%)
        TABLE 17 Acquisitions and Mergers
        TABLE 18 New Product/Service Launch
        TABLE 19 Research & Development Activities
        TABLE 20 Market Drivers
        TABLE 21 Market Restraints
        TABLE 22 Market Opportunities

Key Insights from Primary Research

  • Extensive interviews with CXO’s of the major companies operating in the global eyewear market, the primary research concludes that the global eyewear market to witness a steady growth of nearly 7.2% over the forecast period.
  • In the year 2019, the market was valued at approximately USD 164.2 Billion, in 2019 and is expected to be valued over USD 285 Billion by 2026.
  • On the basis of the product type segment, spectacle is expected to continue to occupy significant market share during the forecast period. The spectacle is also expected to witness highest CAGR during the forecast period.
  • North America region is expected to be the largest revenue generating region for eyewear over the forecast period. The Asia Pacific region market is expected to exhibit highest growth in the global eyewear market.

Key Recommendations from Analysts

  • Our analysts recommend for increased focus towards the Asia Pacific market as it has highest potential for unit wise sale as compared to the European and the North American region. The presence of high populous economies like China and India provides immense potential of growth in the region.
  • The strategic developments such as regional expansion and product innovations by the major companies is likely to boom the global eyewear sale over the up-coming years.
  • Our analysts recommend that the Asia Pacific region is predicted to witness a significant growth attributed to the growing demand for eyewear from China and India.      
  • Rising economic conditions, high disposable incomes and large young population in the Asia Pacific region are anticipated to fuel the eyewear market growth over the foreseeable future.
  • The North America and the European region are expected to remain primary source of significant revenue during the studied period. Regional dominance in these regions are expected to provide additional capital capabilities for expansion beyond the borders.

Market Share Analysis by Region

Industry Major Market Players

  • Safilo Group S.p.A
  • EssilorLuxottica
  • CooperVision
  • Bausch + Lomb Inc. and Fielmann AG.

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