Luxury Eyewear Market Size, Share, Trends, Demand, Growth and Competitive Analysis| MarkNtel

 

MarkNtel Advisors recently published a detailed industry analysis of the Luxury Eyewear Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Luxury Eyewear Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Luxury Eyewear Market size was valued at around USD 33 billion in 2024 and is projected to reach USD 42 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4% during the forecast period, i.e., 2025-30.

What are the major Driver the Luxury Eyewear industry?

Prevalence of Poor Vision & Growing Awareness of Eye Safety – Growing awareness of eye safety and care, along with the prevalence of poor vision are the main factors propelling the Global Luxury Eyewear Market. The need for eyewear is growing as more people experience vision issues because of factors like extended screen time environmental contaminants and aging populations. Globally, people use screens for six hours and forty minutes every day on average. The average daily screen time in the United States was 7 hours and 3 minutes. According to WHO estimates 2.2 billion people worldwide suffer from some kind of vision problem and this number may rise as the population ages. Demand for more expensive eyewear with more expensive lenses is rising as consumers become more conscious of the need to protect the eyes from the harmful rays of UV lights. In response luxury eyewear companies have started to offer more advanced protective features like UV-blocking and blue light-filtering lenses in addition to stylish designs. Luxury eyewear has become more appealing to health-conscious consumers due to its combination of premium design and practical advantages, which has further stimulated market expansion.

Access the detailed PDF Sample report – https://www.marknteladvisors.com/query/request-sample/luxury-eyewear-market.html

What segments define the Luxury Eyewear market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

·       By Product Type

o   Eyeglasses

§  Prescription Glasses- Market Size & Forecast 2020-2030, (USD Million)

§  Fashion Eyewear- Market Size & Forecast 2020-2030, (USD Million)

§  Reading Glasses- Market Size & Forecast 2020-2030, (USD Million)

§  Computer Glasses- Market Size & Forecast 2020-2030, (USD Million)

o   Sunglasses

§  Designer Sunglasses- Market Size & Forecast 2020-2030, (USD Million)

§  Fashion Sunglasses- Market Size & Forecast 2020-2030, (USD Million)

o   Contact Lenses- Market Size & Forecast 2020-2030, (USD Million)

According to report, the sunglasses segment dominates the marketplace in the luxurious eyewear industry, pushed by both style developments and the growing demand for UV protection.

·       By Glass Type

o   Polaroid- Market Size & Forecast 2020-2030, (USD Million)

o   Non-Polaroid- Market Size & Forecast 2020-2030, (USD Million)

·       By Demographics

o   Gender

§  Men- Market Size & Forecast 2020-2030, (USD Million)

§  Women- Market Size & Forecast 2020-2030, (USD Million)

§  Unisex- Market Size & Forecast 2020-2030, (USD Million)

§  Kids- Market Size & Forecast 2020-2030, (USD Million)

o   Age Group

§  (02-10) - Market Size & Forecast 2020-2030, (USD Million)

§  (11-17) - Market Size & Forecast 2020-2030, (USD Million)

§  (18-24) - Market Size & Forecast 2020-2030, (USD Million)

§  (25-40) - Market Size & Forecast 2020-2030, (USD Million)

§  (41-56) - Market Size & Forecast 2020-2030, (USD Million)

§  (57+)- Market Size & Forecast 2020-2030, (USD Million)

According to report, the men's category, classified by gender, dominates the worldwide luxury eyewear industry, holding a significant share of approximately 55%.

·       By Price Range

o   USD 100 –  300- Market Size & Forecast 2020-2030, (USD Million)

o   USD 301 –  500- Market Size & Forecast 2020-2030, (USD Million)

o   USD 501 –  700- Market Size & Forecast 2020-2030, (USD Million)

o   USD 701 –  900- Market Size & Forecast 2020-2030, (USD Million)

o   Greater than (>) USD 900- Market Size & Forecast 2020-2030, (USD Million)

·       By Distribution Channels

o   Online- Market Size & Forecast 2020-2030, (USD Million)

o   Offline- Market Size & Forecast 2020-2030, (USD Million)

§  High-End Department Stores- Market Size & Forecast 2020-2030, (USD Million)

§  Exclusive Brand Boutique- Market Size & Forecast 2020-2030, (USD Million)

§  Optical Retailers- Market Size & Forecast 2020-2030, (USD Million)

§  Luxury Retail Chains- Market Size & Forecast 2020-2030, (USD Million)

§  Others (Hospitals & Clinics)- Market Size & Forecast 2020-2030, (USD Million

·       By Size

o   Small- Market Size & Forecast 2020-2030, (USD Million)

o   Medium- Market Size & Forecast 2020-2030, (USD Million)

o   Large- Market Size & Forecast 2020-2030, (USD Million)

o   By Frame Material

§  Metal- Market Size & Forecast 2020-2030, (USD Million)

§  Plastic & Fiber- Market Size & Forecast 2020-2030, (USD Million)

·       By Eyewear Shape

o   Rectangle- Market Size & Forecast 2020-2030, (USD Million)

o   Square- Market Size & Forecast 2020-2030, (USD Million)

o   Circle- Market Size & Forecast 2020-2030, (USD Million)

o   Others- Market Size & Forecast 2020-2030, (USD Million)

o   By Frame Type

§  Rimmed- Market Size & Forecast 2020-2030, (USD Million)

§  Rimless- Market Size & Forecast 2020-2030, (USD Million)

§  Semi-Rimmed- Market Size & Forecast 2020-2030, (USD Million)

Explore the Complete Luxury Eyewear Market Analysis Report – https://www.marknteladvisors.com/research-library/luxury-eyewear-market.html

Geographical Analysis: Luxury Eyewear Market

o   North America

o   South America

o   Europe

o   The Middle East & Africa

o   Asia-Pacific

Luxury Eyewear Market Share & Competitive Landscape:

The Luxury Eyewear Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Luxury Eyewear Market are:

  • EssilorLuxottica SA
  • Zeiss Group
  • UBON
  • Vision Service Plan Global
  • CooperVision Limited
  • Marcolin SpA
  • OTB Group
  • Luxottica Group SpA
  • Matsuda
  • Hermès International SCA
  • Safilo Group
  • Fielmann AG
  • HOYA Corporation
  • Warby Parkerll
  • JAB Luxury GmbH 

 Luxury Eyewear Industry Recent Development:

  • July 2024: EssilorLuxottica declared its agreement to purchase the complete share capital of Optical Investment Group, a prominent Romanian optical retailer, from Innova/6, a private equity fund of Innova Capital Group, along with minority shareholders. This purchase is viewed as an important advancement in improving Romania's optical industry, supporting quality eyewear and eye care services.
  • June 2024: The Fielmann Group acquired Shopko Optical, an optical retailer based in Green Bay, Wisconsin, from Monarch Alternative Capital LP. This expansion will enhance Fielmann's presence in the U.S., serving customers through digital platforms and more than 220 physical stores in 19 states mostly in the Midwest.

 Questions Addressed in this Study

1.What factors are driving the Luxury Eyewear Market growth?

2.How is the Luxury Eyewear Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Luxury Eyewear Market?

4.What is the current size of the Luxury Eyewear Market, and how is it projected to change in the future?

6.What is the future outlook for the Luxury Eyewear Market in terms of technological advancements and market expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/luxury-eyewear-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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