U.S. Eyewear Market Size & Share

1. The U.S. eyewear market research covers market size, growth projections, key trends, and competitive dynamics from 2024-2032. Key findings include: Market Size & Growth:  Current value: $45.50 billion (2024)  Projected growth: From $47.81 billion in 2025 to $69.05 billion by 2032  CAGR: 5.4% during forecast period Key Market Segments:  Products: Spectacles (dominant segment), sunglasses, contact lenses  Distribution channels: Retail stores, online stores, ophthalmic clinics Market Drivers:  High prevalence of vision disorders - approximately 12 million Americans aged 40+ have vision impairment1  Growing adoption of luxury eyewear among adults  Rising awareness of ocular diseases  Increasing demand for vision correction Leading Companies:  EssilorLuxottica  Johnson & Johnson Services Inc.  The Cooper Companies Inc.  Alcon  Bausch + Lomb  Carl Zeiss  Fielmann AG  SAFILO GROUP S.P.A. Recent Developments:  August 2023: EssilorLuxottica launched AI-powered Varilux XR Series lenses  July 2024: Fielmann AG acquired Shopko Optical to expand U.S. presence  July 2024: Cooper Companies launched new Clariti 1 Day Multifocal contact lenses Market Challenges:  Strict FDA regulations for eyewear products  Limited insurance coverage and reimbursement  Competition from LASIK and other vision correction surgeries

2.  Rising costs - average glasses cost $351 without insurance Report- Fortune Business Insights - U.S. Eyewear Market Size, Share & Trends | Forecast [2032] https://www.fortunebusinessinsights.com/u-s-eyewear-market-109231