Lucintel anticipates that North America will be the fastest growing region in the eyewear market

   October 23, 2019
According to a new market report by Lucintel, the future of the eyewear market looks promising with opportunities in the male and female eyewear market. The eyewear market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are growing geriatric population, rising ophthalmic disorders such as myopia, presbyopia, and hypermetropia, rising consciousness on eye health conditions across the world, and changing fashion trends.

To download report brochure, please go to and click "report brochure" tab from the menu.

In this market, spectacles, contact lenses, and sunglasses are used for vision correction or protection of eyes from harmful UV lights and dust particles. Spectacle is the largest product segment. Increasing dependence upon gadgets and electronic devices have led to a rise in eyesight disorders.

Within this market, polymer frame and metal frame are the major frame material of the eyewear market. Metal based eyewear is the largest segment. Product availability in metallic frame options such as titanium, nickel, stainless steel, and beryllium offer flexibility in design. Key features such as slimness along premium designer look, superior product finishing and better aesthetic appearance with enhanced durability fueling this segment growth.

North America will remain the largest market over the forecast period due to high brand equity among customers. Customers are preferring luxury eyewear as an add-on accessory to match their apparel collection. A majority of the U.S. population prefers to make a fashion statement with different frames, shapes, and colors of glasses.

Luxottica, Essilor, Zeiss, Johnson & Johnson, Bausch & Lomb, Marchon, Fielmann HOYA, De Rigo, and Zeiss are among the major manufacturers of eyewear.   

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the eyewear market by product type, distribution channel, gender, material, and region. Lucintel has prepared a comprehensive research report titled "Eyewear Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the eyewear market by product type, distribution channel, gender, material and region as follows:

By Product Type [$M shipment analysis for 2013 – 2024]:

  • Spectacles

    • Spectacle Lenses

    • Spectacle Frames

  • Contact Lenses

    • Soft Contact Lenses

    • Rigid Contact Lenses

  • Sunglasses

    • Polarized Sunglasses

    • Non-Polarized Sunglasses

By Frame Material Type [$M shipment analysis for 2013 – 2024]:

  • Polymer

  • Metal

  • Others

By Distribution Channel [$M shipment analysis for 2013 – 2024]:

  • Online Channel

  • Offline Channel

By Gender [$M shipment analysis for 2013 – 2024]:

  • Male

  • Female

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • United Kingdom

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

  • ROW

    • Brazil

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [53]
Chemical [264]
Composites & Advanced Materials [171]
Construction & Industrial [76]
Consumer and Retail [140]
Economic Analysis [86]
Energy & Utility [73]
Finance & Services [10]
Healthcare [79]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [166]
Transportation [143]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on