The report entitled “Global Eyewear Market with Focus on The Premium Eyewear: Size, Trends & Forecasts (2016-2020)”, provides analysis of the global eyewear market, with detailed analysis of market size and growth, market share and economic impact of the industry.
Summary
Summary
The eyewear
market is a big business today and it is driven by increasing defects in
vision, aging population, use of eyewear as fashion statement and increasing
awareness about eye care. Around 75% of the population in Asia Pacific region
and 35% in European region have some form of myopia or hyperopia. Changing
dietary habits and lifestyle habits are affecting the eyesight.
The global eyewear
market can be segmented into Contact Lenses and Spectacles. Further, the
Spectacles can be sub segmented into: Spectacle Frames, Spectacle Lenses,
Ready-Made Reading Glasses and Sunglasses. The eyewear market can be segmented
according to the price points into entry level, mid and premium segments.
Global
eyewear market has increased with a healthy growth rate over the years and is
expected to increase further during the forecasted period (2016-2020). The
global eyewear market is supported by various growth drivers, such as aging
population, urbanization, rise of middle income, increasing number of people
requiring vision correction, use of eyewear as a fashion statement etc. Yet,
the market faces certain challenges, such as, sale of illegal decorative
lenses, price difference between branded and non branded, etc.
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