Market Insights Report
The global Eyewear market is a dynamic industry featuring products such as spectacle lenses, sunglasses, and frames, driven by demographic and technological factors. Key segments include spectacle lenses, which dominate with $58.9 billion in revenue, and contact lenses. This report from the series of Consumer Market Insights reports gives an overview of the Eyewear market from an international perspective. With the United States as the top revenue-generating country at $33.8 billion in 2023, the market is poised for sustained growth at a CAGR of 3.0% through 2029.
What's included?
The global Eyewear market includes diverse products such as spectacle lenses, sunglasses, and eyewear frames, with a focus on end consumer usage. Key drivers include technological innovations and demographic shifts, such as aging populations and rising screen time among younger users. The market is divided into key segments including spectacle lenses and contact lenses. In 2023, the market generated an impressive global revenue of $141.19 billion, with spectacle lenses being the largest segment at $58.9 billion. This report from the series of Consumer Market Insights reports gives an overview of the Eyewear market from an international perspective. With a strong presence in the United States, which accounts for $33.8 billion in revenue, the market is expected to maintain robust growth, supported by consumer trends emphasizing health and wellness. Projected annual growth rates indicate steady expansion through 2029.
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