The global revenue in the 'Luxury Eyewear' segment of the luxury goods market was forecast to continuously increase between 2023 and 2028 by in total 2.1 billion U.S. dollars (+9.77 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 23.3 billion U.S. dollars and therefore a new peak in 2028.
Data provided by Statista Market Insights are estimates.
Luxury Eyewear is comprised of eyewear frames and sunglasses. The overall market definition follows the Consumer Market Outlook’s Eyewear market, while here only the super-premium to luxury price range is considered, and lenses and contact lenses are excluded. In comparison to the luxury core categories of Leather Goods and Watches and Jewelry, Luxury Eyewear is comparatively affordable with designer eyewear providing an entry way for many consumers into the world of luxury brands.
The shown market data are based on an analysis of more than 100 of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Sales by smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.
Italy’s vertically integrated Luxottica is the biggest player in Luxury Eyewear. Apart from owned brands like Ray Ban and Oakley, sales of licensed brands are a main source of revenue for Luxottica. Among others, it holds licenses for Armani, Burberry, Dolce & Gabbana, Polo Ralph Lauren, Prada and Tiffany.
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Statista. (June 26, 2023). Revenue of the luxury eyewear industry Worldwide 2015-2028 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1294628/global-personal-luxury-eyewear-market-value/
Statista. "Revenue of the luxury eyewear industry Worldwide 2015-2028 (in million U.S. dollars)." Chart. June 26, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1294628/global-personal-luxury-eyewear-market-value/
Statista. (2023). Revenue of the luxury eyewear industry Worldwide 2015-2028 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1294628/global-personal-luxury-eyewear-market-value/
Statista. "Revenue of The Luxury Eyewear Industry Worldwide 2015-2028 (in Million U.S. Dollars)." Statista, Statista Inc., 26 Jun 2023, https://www.statista.com/statistics/1294628/global-personal-luxury-eyewear-market-value/
Statista, Revenue of the luxury eyewear industry Worldwide 2015-2028 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1294628/global-personal-luxury-eyewear-market-value/ (last visited July 22, 2024)
Revenue of the luxury eyewear industry Worldwide 2015-2028 (in million U.S. dollars) [Graph], Statista, June 26, 2023. [Online]. Available: https://www.statista.com/statistics/1294628/global-personal-luxury-eyewear-market-value/