United States Eyewear Market Size, Key Figures Reviewed in Latest Research Report Forecast 2028
The US Eyewear market is driven by evolving fashion trends, technological innovations, and a demographic shift toward an aging population with a heightened focus on vision health.
TechSci
Research's report, "US
Eyewear Market – Region, Competition, Forecast, 2018-2028F," reveals
that the market was valued at USD 30.55 billion in 2022, with an
anticipated 5.92% CAGR from 2024-2028. The market encompasses a wide array of
products, including prescription eyeglasses, contact lenses, sunglasses, and
fashionable eyewear, reflecting significant developments and trends influenced
by population growth, increased eye health awareness, changing fashion trends,
and technological advancements.
An
aging population and a greater need for vision correction drive demand for
prescription eyewear and regular eye exams. Eyewear has evolved beyond utility
to become a fashion accessory, especially in urban areas, where consumers view
glasses and sunglasses as style statements. Heightened eye health awareness has
increased the demand for both prescription eyewear and protective sunglasses.
Technological
advancements, like high-definition lenses and anti-reflective coatings, enhance
the visual experience, while fashion trends and celebrity influence shape
consumer choices. Performance sunglasses cater to outdoor activities, offering
UV protection and durability. Customization, facilitated by online shopping,
allows for personalized frames and lens coatings, meeting individual
preferences.
Sustainability
is an emerging trend, with brands incorporating eco-friendly materials into
frames. Contact lenses offer convenience and have advanced with options like
daily disposables. Vintage and retro styles are popular, and
athleisure-inspired eyewear transitions from workouts to everyday wear. Smart
eyewear integrating technology is on the horizon.
Affordability
remains a concern, leading some to delay eye care, while counterfeit eyewear
poses safety risks. Improving access to eye care services for underserved
communities is crucial. Regulatory compliance ensures consumer safety and
product efficacy in this dynamic market.
Browse
over XX market data Figures spread through 83 Pages and an in-depth TOC on
"United States Eyewear Market”
https://www.techsciresearch.com/report/united-states-eyewear-market/8006.html
In
the US eyewear market, segmentation includes product type, end user, sales
channel, and region. Product types encompass sunglasses, spectacles, contact
lenses, sports eyewear, and others (safety & protection eyewear,
transparent eyeglasses). Sunglasses hold a significant share, serving not only
as eye protection but also as a fashion accessory, enhancing style and
sophistication for wearers who value versatility and trendiness. Regionally,
segmentation covers South, West, Mid-West, and North-East. The South commands a
notable portion of the market due to its favorable climate, promoting outdoor
activities like beach outings, water sports, hiking, and golfing. Sunglasses
are essential in this region to shield eyes from sunlight and UV exposure,
aligning with the active lifestyle embraced by residents.
Key
market players in the United States Eyewear market include:
- EssilorLuxottica
SA
- Bausch
Health Companies Inc.
- Johnson
& Johnson Vision Care, Inc.
- Alcon
Vision LLC
- The
Cooper Companies, Inc.
- Safilo
USA, Inc.
- Menicon
America, Inc.
- Hoya
Vision Care
- Carl
Zeiss Vision Inc.
- Zenni Optical, Inc.
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"The
US eyewear market is set for ongoing growth and innovation, driven by
advancements in lens technology, the convergence of fashion and technology, and
a heightened focus on eye health. Trends like customization and sustainability
are expected to gain traction. With the increasing awareness of the importance
of eye care, eyewear will remain a vital aspect of both fashion and health. As
the industry adapts to evolving consumer demands, it will continue to play a
dynamic role in healthcare and fashion." - Mr. Karan Chechi, Research
Director at TechSci Research.
"US Eyewear Market - Segmented By Product
Type (Sunglasses, Spectacles, Contact Lenses, Sports Eyewear, Others), By End
User (Women, Men, Unisex), By Sales Channel (Supermarkets/Hypermarkets,
Specialty Stores, Online, Others), By Region, Competition, Forecast and
Opportunities, 2018-2028",
evaluates the growth potential of the US eyewear market, providing insights
into market structure, size, share, and future growth. The report offers
advanced market intelligence to aid decision-makers in making informed
investment decisions, highlighting emerging trends, drivers, challenges, and
opportunities in the US eyewear market.
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Reports:
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project robust growth in the forecast period with a CAGR of 4.56% through 2028.
Safety
Eyewear Market : Safety
Eyewear Market was valued at USD 3.1 billion in 2023 and is anticipated to
project robust growth in the forecast period with a CAGR of 8.1% through 2029.
United
States Personal Accessories Market: United States Personal Accessories Market has valued at USD
94.22 billion in 2022 and is anticipated to project robust growth in the
forecast period with a CAGR of 8.29% through 2028.
Global
Eyewear Market: The
global eyewear market is expected to reach USD111.12 billion by 2026F, growing
at CAGR of 5.83% during the forecast period.
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