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.
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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?
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