Value of the global eyewear market from 2018 to 2025

The global eyewear market, which is made up of spectacles, contact lenses, sunglasses, and other eyewear products, was estimated to be worth around 131 billion U.S. dollars in 2018 and was forecast to reach a value of 210.8 billion U.S. dollars by 2025.

What type of products make up the eyewear market?

The eyewear market is typically broken down into four main categories: prescription (Rx) eyeglasses, non-prescription (plano) sunglasses, over-the-counter (OTC) readers, and contact lenses. In the North American eyewear market, sunglasses are the leading product category in terms of unit sales.

Eyewear in the United States

The United States was the leading eyewear market in the world as of 2018. Eyewear revenues in the United States are triple the size of those in France, which is the next biggest market. Vision Source and Luxottica were the leading optical retailers in the United States as of 2018. Luxottica is not only one of the largest eyewear companies in the United States but worldwide. The eyewear brands of Ray-Ban, Persol, and Oakley are part of Luxottica’s brand portfolio.

Value of the global eyewear market from 2018 to 2025

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Source

Release date

June 2019

Region

Worldwide

Survey time period

2018

Method of interview

Online survey

Supplementary notes

*Estimates for 2019 to 2025 are based on a CAGR of seven percent provided by the source.

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Statistics on "Sunglasses in the U.S."

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