Global Eyeglasses Market Size, Share, and Trends Analysis Report, By Product Type (Spectacles, Sunglasses, and Others) and By Distribution Channel (Offline Channel and Online Channel), Forecast (2022-2028)

The eyeglasses market is anticipated to grow at a significant CAGR of 4.8% during the forecast period (2022-2028). Eyeglasses are eyewear that is worn over the eyes to correct eyesight or protect them from debris, radiation, or too much light. Spectacles, sunglasses, and other protective eyewear with various lens materials are included in the global eyeglasses market. Consumers’ proactive attitude is creating new opportunities for eyeglasses makers and retailers to grow their customer base. As important companies vigorously deploy online marketing and promotional operations, e-commerce and online advertising are gaining tremendous popularity throughout the globe. Customers benefit from quick access to online marketing and advertising, while suppliers benefit from lower operational expenses. In the next years, this aspect is projected to drive eyeglasses sales through online platforms.

The global eyeglasses market is segmented based on product type and distribution channel. Based on the product type, the market is sub-segmented into spectacles, sunglasses, and others. Among these product types, the sunglasses segment is expected to propel the growth of the market. The number of individuals joining the global workforce is increasing, and a large portion of them are more inclined to embrace sports and fitness as part of recreational activities that are matched with changing lifestyle choices. Endurance sports have also led the way for fans who demand a wide range of sports accessories, resulting in increased sales of sports sunglasses throughout the globe. Based on the distribution channel, the market is sub-segmented into the offline channel and online channel.

The market players are also contributing significantly to the market growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in December 2021, Smith imprint 3D technology was launched by Saflio Group to address a broad range of facial shapes and characteristics while removing the one-size-fits-all approach to sporting apparel. Increased all-day comfort, elimination of light leaks due to inappropriate fit, removal of pressure points or hot spots, and an extended field of view are all benefits of 3D-printed snow goggles, all of which were big difficulties for consumers.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Product Type
  • By Distribution Channel
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Fielmann AG, Safilo Group SpA, Luxottica Group SpA, Essilor International SA, Johnson & Johnson Vision Care Inc., De Rigo Vision SpA, Carl Zeiss AG, Charmant Group, Alcon Laboratories Inc., and Burberry Group, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Eyeglasses Market Report by Segment

By Product Type

• Spectacles
• Sunglasses
• Others

By Distribution Channel

• Offline Channel
• Online Channel