Eyewear Market Size, Share, Trends & Competitive Analysis By Type: Prescription Eyeglasses, Sunglasses, Contact Lenses; By Distribution Channel: Optical Stores, Online Retail, Departmental Stores, Specialty Stores; By Gender: By Frame Material: By Lens Material: By Application: By Regions, and Industry Forecast, Global Report 2024-2032

  • Report ID: FDS1301
  • Forecast Period: 2023-2030
  • No. of Pages: 150+
  • Industry: Consumer Goods

The global Eyewear market size was valued at USD 171.20 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.8% during the forecast period, reaching a value of USD 222.31 billion by 2030.

Eyewear market research report by Future Data Stats, offers a comprehensive view of the market's historical data from 2018 to 2021, capturing trends, growth patterns, and key drivers. It establishes 2022 as the base year, analyzing the market landscape, consumer behavior, competition, and regulations. Additionally, the report presents a well-researched forecast period from 2023 to 2030, leveraging data analysis techniques to project the market's growth trajectory, emerging opportunities, and anticipated challenges.


Eyewear refers to accessories worn over the eyes for vision correction, protection from environmental elements, or as a fashion statement. The primary categories of eyewear include prescription glasses, sunglasses, and contact lenses. Prescription glasses are designed to address refractive errors like nearsightedness or farsightedness, providing clear vision for individuals with visual impairments. Sunglasses serve a dual purpose by shielding the eyes from harmful UV rays and bright sunlight while also serving as a popular fashion accessory. Contact lenses, on the other hand, are thin, curved lenses placed directly on the eye's surface to correct vision without the need for traditional eyeglass frames.

Beyond their functional roles, eyewear has evolved into a significant element of personal style and expression. Fashion-forward designs, diverse frame materials, and innovative lens technologies contribute to a vast array of choices for consumers. Eyewear has become an integral part of daily life, blending functionality with aesthetics, catering to both vision correction needs and the desire for fashionable accessories.


A key driver is the growing awareness of eye health and the increasing prevalence of vision-related issues. This has led to a surge in demand for prescription glasses, contact lenses, and protective eyewear, propelling the eyewear market forward. Moreover, the rising fashion consciousness among consumers has transformed eyewear into a style statement, driving the market with a focus on trendy designs and innovative frames.

However, the eyewear market faces challenges such as the economic impact on consumer spending, especially during uncertain times. Affordability remains a significant restraint, particularly in developing regions where access to quality eyewear may be limited. Despite these challenges, opportunities arise with technological advancements in lens materials and coatings, catering to specific needs like blue-light filtering for digital device users.



Prescription eyeglasses remain a dominant force, driven by the increasing prevalence of vision-related issues and the growing aging population. Technological advancements in lens materials and coatings enhance the functionality of prescription eyeglasses, catering to diverse needs such as multifocal lenses for presbyopia and high-index lenses for thin and lightweight designs.

Sunglasses play a pivotal role not only in protecting the eyes from harmful UV rays but also as a fashion accessory. The demand for sunglasses is propelled by the growing awareness of eye health and the rising fashion consciousness among consumers. Fashion-forward designs, polarized lenses, and innovative frame materials contribute to the popularity of sunglasses, driving market growth across various demographics and regions.

Contact lenses offer a convenient alternative to traditional eyeglasses, providing vision correction without the bulkiness of frames. The demand for contact lenses is driven by factors such as lifestyle preferences, cosmetic considerations, and sports activities. Technological advancements in contact lens materials, such as silicone hydrogel, contribute to improved comfort and breathability, further fueling market expansion.


Optical stores remain a dominant factor, providing personalized and professional services for eyewear selection and fitting. These establishments offer customers the opportunity to try on frames and receive expert advice from trained opticians, creating a traditional yet effective buying experience. The accessibility and expertise of optical stores contribute to their continued prominence in the eyewear market.

In contrast, the rise of online retail has revolutionized how consumers purchase eyewear. Online platforms offer a vast array of choices, allowing customers to browse through diverse styles and brands from the comfort of their homes. The convenience of virtual try-ons, detailed product descriptions, and customer reviews enhances the online shopping experience. The growing preference for online retail channels is driven by factors such as ease of comparison, competitive pricing, and the ability to explore a wide range of options without visiting a physical store.

Departmental stores and specialty stores also play crucial roles in the eyewear market. Departmental stores, with their diverse product offerings, provide consumers with a one-stop shopping experience for eyewear alongside other goods. Specialty stores focus exclusively on eyewear, offering a curated selection and expert advice.


For men, eyewear trends often emphasize sleek and classic designs, combining functionality with a sense of style. The market caters to men's preferences with a variety of frame shapes, materials, and colors, aligning with the evolving fashion choices of the male demographic.

In the realm of women's eyewear, the market thrives on versatility and fashion-forward designs. Women's eyewear often features a wide array of shapes, including oversized frames, cat-eye styles, and intricate details. The emphasis on fashion trends, colors, and materials ensures that women have a diverse range of eyewear options to express their personal style. The dynamic nature of women's fashion contributes to the continuous evolution of eyewear designs for this demographic.

The unisex eyewear category serves as a bridge, providing options that appeal to both men and women. Unisex eyewear often emphasizes timeless and neutral designs that transcend gender-specific trends. This category embraces inclusivity, offering individuals the freedom to choose eyewear based on personal preferences rather than predefined gender norms.


Metal frames, known for their durability and sleek design, are a dominant choice for those seeking a sophisticated and timeless look. The market for metal frames is driven by the demand for lightweight and hypoallergenic options, making them a popular choice among consumers seeking both style and comfort.

Plastic frames, on the other hand, offer a versatile and budget-friendly option for eyewear enthusiasts. The extensive variety of colors, shapes, and styles in plastic frames allows for creative and trendy designs. The plastic frame segment of the eyewear market benefits from its adaptability to fashion trends and the ability to cater to a wide range of consumer tastes, making it a prevalent choice for individuals seeking affordable and stylish eyewear.

Wooden frames represent a niche but growing segment within the eyewear market, appealing to environmentally conscious consumers. These frames, often crafted from sustainable materials, combine fashion with eco-friendly considerations. The unique textures and natural aesthetics of wooden frames contribute to their appeal, attracting consumers who prioritize both style and sustainability.


Polycarbonate lenses, known for their impact resistance and lightweight nature, dominate the market, particularly in sports eyewear and safety glasses. The popularity of polycarbonate lenses stems from their ability to provide both durability and visual clarity, meeting the demands of individuals seeking robust eyewear solutions.

CR-39, or Columbia Resin 39, lenses represent another significant factor in the eyewear market. Known for their optical clarity and lightweight design, CR-39 lenses are a common choice for prescription eyeglasses. The material's affordability and optical performance contribute to its widespread use, providing consumers with an accessible and reliable option for clear vision.

High-Index Plastic lenses cater to those seeking thinner and lighter eyewear. These lenses are designed to refract light more efficiently, allowing for a reduction in lens thickness without compromising optical quality. The high-index plastic lens segment responds to the demand for sleek and comfortable eyewear, particularly among individuals with higher prescription needs.


Fashion eyewear trends evolve with the changing tastes of consumers, offering a wide array of stylish frames, colors, and designs to complement personal styles. The demand for fashionable eyewear is driven by the desire for self-expression and the recognition of eyewear as a key component of one's overall aesthetic.

Sports eyewear is another dominant factor in the market, focusing on providing specialized solutions for athletes and outdoor enthusiasts. These eyewear options often feature impact-resistant lenses, wraparound designs for enhanced peripheral vision, and anti-glare coatings. The sports eyewear segment caters to individuals engaged in various physical activities, offering not only vision correction but also protection against environmental elements, promoting optimal performance and safety.

Medical applications of eyewear remain a fundamental aspect, encompassing prescription glasses and contact lenses designed to address vision-related issues. The medical eyewear segment serves individuals with refractive errors such as nearsightedness, farsightedness, and astigmatism. Additionally, eyewear plays a crucial role in protecting the eyes post-surgery or injury. The 'Others' category within the application segment includes specialty eyewear for specific professions or activities, such as safety glasses for industrial settings or blue-light filtering glasses for digital device users.


North America stands out as a key player, driven by a combination of technological advancements, a strong focus on eye health, and a fashion-conscious consumer base. The presence of major eyewear brands, coupled with a high level of disposable income, contributes to the robust growth of the eyewear market in North America. The market is characterized by a constant influx of innovative designs and materials, aligning with the evolving preferences of consumers in the region.

In Europe, the eyewear market benefits from a blend of established fashion capitals and a growing emphasis on vision care. The region exhibits a diverse range of eyewear preferences, influenced by both traditional styles and avant-garde trends. European consumers often prioritize quality and craftsmanship in eyewear, contributing to the market's growth. The increasing awareness of eye health and the incorporation of eyewear as a fashion accessory further solidify Europe's position as a significant player in the global eyewear market. In Asia Pacific, rapid economic growth, a large population, and changing consumer lifestyles drive the demand for eyewear.


The initial phase of the pandemic witnessed disruptions in the supply chain, manufacturing, and retail operations, leading to a temporary downturn in the eyewear industry. With lockdowns and restrictions affecting physical stores, there was a notable shift towards online retail channels as consumers sought the convenience and safety of digital transactions. However, the closure of brick-and-mortar stores also resulted in a decline in impulse purchases and the traditional try-before-you-buy experience, affecting overall sales.

On the positive side, the increased awareness of eye health during the pandemic led to a surge in demand for prescription eyeglasses as remote work and virtual interactions became the norm. The rise of video conferencing and extended screen time prompted individuals to prioritize vision correction. Additionally, the emphasis on personal protective equipment (PPE) created an uptick in the demand for protective eyewear and blue-light filtering lenses.


Mergers & Acquisitions:

  • December 2022: EssilorLuxottica acquires GrandVision, creating the world's largest eyecare company.
  • October 2023: Johnson & Johnson Vision acquires Sightmark Vision, a provider of ophthalmic diagnostic equipment.
  • September 2023: Alcon acquires LenSx Lasers, a leader in femtosecond laser technology for cataract surgery.
  • August 2023: Luxottica Group acquires a majority stake in Dutch online eyewear retailer, Ace & Tate.

Product New Launches:

  • January 2024: Google introduces AR glasses prototype capable of translating languages in real-time.
  • December 2023: Snapchat launches Spectacles 5 with improved augmented reality features.
  • November 2023: Bose releases "Frames Tempo" sunglasses with built-in audio and voice assistant features.
  • October 2023: EssilorLuxottica unveils Transitions Signature GEN 8 lenses with faster light-adapting technology.
  • September 2023: Johnson & Johnson Vision launches Acuvue Oasys with Transitions, combining contact lenses and light-adaptive technology.


  • Luxottica Group S.p.A.
  • EssilorLuxottica
  • Safilo Group S.p.A.
  • Johnson & Johnson Vision Care
  • Bausch + Lomb
  • Marchon Eyewear, Inc.
  • Carl Zeiss AG
  • Charmant Group
  • Fielmann AG
  • Marcolin S.p.A.
  • De Rigo Vision S.p.A.
  • Hoya Corporation
  • Silhouette International
  • Kering Eyewear
  • GrandVision
  • CooperCompanies
  • Alcon
  • Menicon Co., Ltd.
  • Rodenstock GmbH
  • Seiko Optical Products Co., Ltd.
  • De Rigo Vision
  • Maui Jim
  • Tura Inc.
  • Marcolin Eyewear

Table of Contents
Executive Summary
Market Overview
Market Dynamics
Global Eyewear Market Segmentation
By Type
By Distribution Channel
By Gender
By Frame Material
By Lens Material
By Application
Regional Analysis
North America
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
Key Players
Market Share Analysis
Industry Trends and Advancements
Future Outlook

Eyewear Market Segmentation

By Type:

  • Prescription Eyeglasses
  • Sunglasses
  • Contact Lenses

By Distribution Channel:

  • Optical Stores
  • Online Retail
  • Departmental Stores
  • Specialty Stores

By Gender:

  • Men
  • Women
  • Unisex

By Frame Material:

  • Metal
  • Plastic
  • Wood
  • Others

By Lens Material:

  • Polycarbonate
  • CR-39 (Columbia Resin 39)
  • High-Index Plastic
  • Others

By Application:

  • Fashion
  • Sports
  • Medical
  • Others

By Geography:

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

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This approach helps build a greater market-specific view of size, shape, and industry trends within each industry segment. Various industry trends and real-time developments are factored into identifying key growth factors and the future course of the market. The research proceeds are the results of high-quality data, expert views & analysis, and valuable independent opinions. The research process is designed to deliver a balanced view of the global markets and allows stakeholders to make informed decisions, to attain their highest growth objectives.

Future Data Stats offers its clients exhaustive research and analysis, based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models distill the data & statistics and enhance the accuracy of our recommendations and advice.

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With this strong methodology, Future Data Stats ensures that its research and analysis is most reliable and guarantees sound business planning.

The research methodology of the global market involves extensive primary and secondary research. Primary research includes about 24 hours of interviews and discussions with a wide range of stakeholders that include upstream and downstream participants. Primary research typically is a bulk of our research efforts, coherently supported by extensive secondary research. Over 3000 product literature, industry releases, annual reports, and other such documents of key industry participants have been reviewed to obtain a better market understanding and gain enhanced competitive intelligence. In addition, authentic industry journals, trade associations’ releases, and government websites have also been reviewed to generate high-value industry insights.

Primary Research:

Primary Research


Desk Research


Company Analysis


•       Identify key opinion leaders

•       Questionnaire design

•       In-depth Interviews

•       Coverage across the value chain


•       Company Website

•       Company Annual Reports

•       Paid Databases

•       Financial Reports


•       Market Participants

•       Key Strengths

•       Product Portfolio

•       Mapping as per Value Chain

•       Key focus segment


Primary research efforts include reaching out to participants through emails, telephonic conversations, referrals, and professional corporate relations with various companies that make way for greater flexibility in reaching out to industry participants and commentators for interviews and discussions.

The aforementioned helps to:

  • Validate and improve data quality and strengthen the research proceeds
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The primary research interview and discussion panels comprise experienced industry personnel.

These participants include, but are not limited to:

  • Chief executives and VPs of leading corporations specific to an industry
  • Product and sales managers or country heads; channel partners & top-level distributors; banking, investments, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research:

A broad array of industry sources for the secondary research typically includes, but is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor  presentations for a competitive scenario and shape of the industry
  • Patent and regulatory databases to understand technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles, web-casts, and other related releases to evaluate the market
  • Internal and external proprietary databases, key market indicators, and relevant press releases for  market estimates and forecasts



•       Top executives of end-use industries

•       C-level executives of the leading Parenteral Nutrition companies

•       Sales manager and regional sales manager of the Parenteral Nutrition companies

•       Industry Consultants

•       Distributors/Suppliers


•       Annual Reports

•       Presentations

•       Company Websites

•       Press Releases

•       News Articles

•       Government Agencies’ Publications

•       Industry Publications

•       Paid Databases


Analyst Tools and Models:



·         Arriving at
Global Market Size

·         Arriving at
Market Size

·         Market Share
of Key Players

·         Key Market Players

·         Key Market Players

·         Market Share
of Key Players

·         Arriving at
Market Size

·         Arriving at
Global Market Size


Eyewear Market Dynamic Factors


  • Increasing awareness of eye health and vision care.
  • Growing demand for fashionable eyewear as a style accessory.
  • Technological advancements in lens materials and coatings.
  • Rising prevalence of vision-related issues globally.


  • Economic impact on consumer spending during uncertain times.
  • Affordability concerns, especially in developing regions.
  • Resistance to adopting new eyewear technologies.
  • Limited accessibility to quality eyewear in certain regions.


  • Surge in demand for online retail channels for eyewear.
  • Technological innovations in smart eyewear and augmented reality.
  • Increasing focus on sustainable and eco-friendly eyewear options.
  • Growing market for specialized eyewear in sports and outdoor activities.


  • Balancing affordability with innovative features in eyewear.
  • Addressing global supply chain disruptions.
  • Adapting to rapidly changing fashion trends.
  • Ensuring widespread awareness of the importance of regular eye check-ups.

Frequently Asked Questions

The global Eyewear market size was valued at USD 171.20 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.8% during the forecast period, reaching a value of USD 222.31 billion by 2030.

Key factors driving the growth of the Eyewear market include increasing awareness of eye health, rising demand for fashionable eyewear, technological innovations in lens materials, and the prevalence of vision-related issues on a global scale.

Current trends and advancements in the Eyewear market involve the integration of technology in eyewear, the rise of sustainable and eco-friendly options, and the growing popularity of online retail channels for eyewear purchases.

Regions or countries expected to dominate the Eyewear market include North America, Europe, and Asia Pacific. These regions often lead in terms of technological innovation, fashion trends, and a higher awareness of eye health.

Major challenges in the Eyewear market include economic impacts on consumer spending, affordability concerns, and the need to balance innovative features with cost-effective solutions.
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