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U.S. eyewear industry - statistics & facts

The global eyewear market, which is made up of spectacles, contact lenses, sunglasses, and other eyewear products, was valued at around 140 billion U.S. dollars in 2020, and was forecast to reach197 billion U.S. dollars by 2027. In the United States, vision care is a multi-billion U.S. dollar market. The eyewear market in the United States is forecasted to increase every year from 2020 forward. This market has three main categories: spectacles, sunglasses, and contact lenses.

Luxottica eyewear brand

Operating 3,617 retail stores throughout North America, Luxottica was one of the leading optical retailers in the United States in 2020, with about two billion U.S. dollars worth of sales. In that year, the Luxottica Group had global sales that amounted to approximately 7.7 billion U.S. dollars. Luxottica is one of the largest eyewear companies in the world, responsible for such brands as Ray-Ban, Persol, Oakley and many others. In 2017, Luxottica and Essilor, another eyewear powerhouse, agreed a merger to create EssilorLuxottica. The eyewear market will continue to grow as long as manufacturers continue to adhere to the constant demands and trends of the consumer.

American consumers

While Luxottica retail stores are a popular specialist outlet for eyewear purchases among U.S. consumers, retailers such as Walmart and Costco also cater to consumers eyewear needs. Over 80 percent of Americans wore sunglasses in the summer season. Another popular channel for eyewear purchases among U.S. consumers was online. In 2019, over seven million pairs of prescription eyeglasses were sold online in the United States.

Interesting statistics

In the following 4 chapters, you will quickly find the 27 most important statistics relating to "Eyewear industry in the U.S.".

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