Overview
The growing use of screens has led to an increase in visual issues like myopia, hyperopia, and presbyopia, which has boosted the demand for eyewear. An aging population and changing lifestyles are also key factors driving the need for corrective eyewear. For example, on December 19, 2022, designer Jack Spencer, after nearly a decade of work and hundreds of prototypes, developed sunglasses made from old jeans—an innovative effort to reduce waste and promote sustainable manufacturing in the fashion industry.
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Market Growth Trends
Adoption of E-commerce Platform
E-commerce platforms provide convenient shopping options for eyewear, allowing consumers to make purchases from anywhere at any time. Customers can choose from a wide range of eyewear options, compare prices, and complete their purchases with just a few clicks. This accessibility has significantly contributed to the growth of the eyewear market in e-commerce. For example, platforms like Lenskart offer virtual try-on features, enabling customers to visualize themselves in different eyewear styles.
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Market is Segmented
By Product: Spectacles, Contact Lenses, Sunglasses
By Material: Plastic Eyewear, Metal Eyewear, Others
By Distribution Channel: Retail Store, Online Store, Ophthalmic Clinics
By End-User: Men, Women, Kids
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
Market Key Players
• Johnson & Johnson Vision Care, Inc.
• EssilorLuxottica
• CooperVision
• Zeiss Group
• Bausch & Lomb Incorporated
• Safilo Group S.p.A
• Charmant Group
• Alcon
• De Rigo Vision S.p.A
• Marcolin
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