Eyewear Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

The Eyewear Market Report is Segmented by Product Type (Spectacles, Sunglasses, Contact Lenses, and Other Product Types), End User (Men, Women, and Unisex), Distribution Channel (Offline Channel and Online Channel), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Eyewear Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

Eyewear Market Size

Eyewear Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 188.07 Billion
Market Size (2030) USD 240.95 Billion
CAGR (2025 - 2030) 5.08 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Eyewear Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Eyewear Market with other markets in Consumer Goods and Services Industry

Apparel, Footwear & Accessories

Luxury Goods & Services

Recreational Goods

Baby Care

Beauty and Personal Care

Consumer Services

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before: 31st Jan 2025

Eyewear Market Analysis

The Eyewear Market size is estimated at USD 188.07 billion in 2025, and is expected to reach USD 240.95 billion by 2030, at a CAGR of 5.08% during the forecast period (2025-2030).

The global eyewear market is propelled by the growing demands for corrective and prescription-based spectacles, especially among the geriatric population. For instance, the survey study of National Health and Ageing Trends conducted in the United States in 2021 states that 27.8% of United States adults aged above 71 years had vision Impairment. Thus, the higher prevalence of vision impairment among older age is raising the demand for spectacles in the market. Furthermore, an increase in consumer awareness regarding eye protection coupled with a rise in disposable income fuels the sunglasses market significantly. Moreover, the increasing demand for fashionable accessories among the young population is another major factor driving the growth of sunglasses in eyewear during the forecast period. 

Over the past few years, the market studied has been witnessing a growing adaptation rate based on factors such as a rise in interest among consumers in opting for performance-oriented sunglasses due to the adoption of sunglasses for outdoor activities, inclusive of mountain biking, rock climbing, golfing, and inline skating, among others. For instance, according to the Outdoor Foundation, over 64 million people participated in outdoor activities in the United States in 2021, with hiking being the most popular. E-retailing and online advertising are gaining popularity in the market as key players are implementing online marketing and promotional activities. Online marketing and promotion provide customers with easy access and also help vendors reduce operational costs. This factor is expected to boost eyewear sales through online platforms over the coming years. 

Eyewear Market Indsutry Overview

The market studied is fragmented. However, Safilo Group and Essilor International are experiencing an increase in their revenue share across developing economies. Product innovation and development, followed by partnerships, joint ventures, and expansion, are some of the strategies utilized by key players. Moreover, companies are investing significantly in technology-based innovative solutions through new ventures, partnerships, or acquisitions. The top players in the global eyewear market include Safilo Group SpA, De Rigo Vision SpA, Fielmann AG, EssilorLuxottica SA, and Johnson & Johnson Services Inc. Under a multi-year licensing agreement, Luxottica Group partnered with Ferrari SpA for the design, manufacturing, distribution, and sales of a range of eyewear products under the Ferrari and Ray-Ban brands. 

Eyewear Market Market Leaders

  1. Safilo Group S.p.A.

  2. Fielmann AG

  3. EssilorLuxottica SA

  4. Johnson & Johnson Services, Inc.

  5. The Cooper Companies, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Eyewear Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Eyewear Market News

  • January 2024: Pair Eyewear, the direct-to-consumer customizable eyewear brand, unveiled a new partnership with National Vision Inc., the second-largest optical retailer in America. The brand stated that this partnership helps introduce affordable bundles, including Pair’s customizable, stylish, and accessible eyewear. 
  • September 2023: Ray Ban partnered with EssilorLuxottica to launch a new generation of Ray-Ban Meta smart glasses. As per the brand's claim, the new glasses feature improved audio and cameras, over 150 different custom frames and lens combinations, and are lighter and more comfortable. 
  • March 2022: Web Eyewear launched a collection of sunglasses for the Spring-Summer 2021 season inspired by two innovative concepts reflected in frames with a contemporary attitude. 

Eyewear Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables and Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Product Type
    • 5.1.1 Spectacles
    • 5.1.2 Sunglasses
    • 5.1.3 Contact Lenses
    • 5.1.4 Other Product Types
  • 5.2 End User
    • 5.2.1 Men
    • 5.2.2 Women
    • 5.2.3 Unisex
  • 5.3 Distribution Channel
    • 5.3.1 Offline Channel
    • 5.3.2 Online Channel
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Spain
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 Germany
    • 5.4.2.4 France
    • 5.4.2.5 Italy
    • 5.4.2.6 Russia
    • 5.4.2.7 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 South Africa
    • 5.4.5.2 Saudi Arabia
    • 5.4.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Share Analysis
  • 6.2 Most Adopted Strategies
  • 6.3 Company Profiles
    • 6.3.1 Fielmann AG
    • 6.3.2 Safilo Group SpA
    • 6.3.3 EssilorLuxottica SA
    • 6.3.4 The Cooper Companies Inc.
    • 6.3.5 Johnson & Johnson Services Inc.
    • 6.3.6 De Rigo Vision SpA
    • 6.3.7 Carl-Zeiss-Stiftung
    • 6.3.8 Charmant Group
    • 6.3.9 Alcon Laboratories Inc.
    • 6.3.10 Burberry Group PLC
    • 6.3.11 Bausch Health Companies Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Eyewear Market Indsutry Segmentation

Eyewear consists of accessories worn over the eyes to correct vision or protect the eyes from debris, radiation, or excessive light. The global eyewear market is segmented by product type, end-user, distribution channel, and geography. By product type, the market is segmented by spectacles, sunglasses, contact lenses, and other protective eyewear that comprises different lens materials. By end users, the market is segmented into men, women, and unisex. Based on distribution channels, the market is segmented into offline channels and online channels. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The report offers the market size in value terms in USD for all the abovementioned segments.

Product Type Spectacles
Sunglasses
Contact Lenses
Other Product Types
End User Men
Women
Unisex
Distribution Channel Offline Channel
Online Channel
Geography North America United States
Canada
Mexico
Rest of North America
Europe Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia-Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Eyewear Market Research FAQs

How big is the Eyewear Market?

The Eyewear Market size is expected to reach USD 188.07 billion in 2025 and grow at a CAGR of 5.08% to reach USD 240.95 billion by 2030.

What is the current Eyewear Market size?

In 2025, the Eyewear Market size is expected to reach USD 188.07 billion.

Who are the key players in Eyewear Market?

Safilo Group S.p.A., Fielmann AG, EssilorLuxottica SA, Johnson & Johnson Services, Inc. and The Cooper Companies, Inc. are the major companies operating in the Eyewear Market.

Which is the fastest growing region in Eyewear Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Eyewear Market?

In 2025, the Asia-Pacific accounts for the largest market share in Eyewear Market.

What years does this Eyewear Market cover, and what was the market size in 2024?

In 2024, the Eyewear Market size was estimated at USD 178.52 billion. The report covers the Eyewear Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Eyewear Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Eyewear Industry Report

The global eyewear market is characterized by a significant market size, driven by increased awareness of ocular diseases and evolving fashion trends. The market is segmented by product type, including spectacles, sunglasses, and contact lenses, catering to the needs of both vision correction and UV protection. North America dominates this market, but the reach is expanding globally, thanks to innovations such as 3D printing and the influence of social media influencers.

The market segmentation also includes end users categorized as men, women, and unisex, and is distributed through both offline and online channels. Despite facing challenges from cheaper alternatives and limited luxury eyewear penetration, the spectacles segment continues to lead the market. This growth is supported by both retail and growing online sales channels.

Industry statistics reveal that the eyewear market has a robust market share, bolstered by strategic mergers and acquisitions. The market forecast suggests continued growth, driven by industry trends and market predictions. Detailed industry analysis and industry reports provide a comprehensive market overview and market outlook, illustrating the market value and market growth potential.

The eyewear market also benefits from extensive market research, which helps identify target markets and industry growth opportunities. The industry information available through various industry reports and market reports offers valuable insights into the market data and market segmentation. This market analysis is crucial for understanding the market leaders and their strategies.

In conclusion, the eyewear market is poised for significant growth, with a positive industry outlook and promising market forecast. The market review and industry research highlight the potential for continued expansion and innovation in this dynamic industry.