Eyewear Market Growing Share, Size and Forecast 2021-2027

1. Eyewear MarketGrowing Demand, Share, Size and Forecast 2021-2027

2. The global Eyewear Market is forecast to reach USD 245.11 Billion by 2027, according to a new report by Reports and Data. The eyewear market is witnessing a surge in demand owing to the rising number of eye diseases and growth in the aging population across the globe. Moreover, the increasing trend of eyewear becoming a part of fashion and luxury is fostering the market demand. However, the shift to newer technologies, such as laser surgeries, is hampering the market demand. The ever changing trends of fashion have led to a surge in demand for sunglasses in an indirect way by leading to their increasing use in the designer eyewear segment. A major opportunity exists for the sunglass manufacturers in the emerging economies owing to a rise in the level of disposable income leading to a higher inclination of the consumers towards branded eyewear products.

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4. The COVID-19 impact:The entire world has been affected by the spread of the COVID-19 Pandemic. Over the past couple of months, many countries have enforced lockdowns, leading to a decline in the sales of the eyewear market, especially the luxury and fashion segment. Consumers are currently only purchasing online, and since eyewear does not come under essential commodities, the demand for these products is being affected negatively due to the COVID-19 Pandemic leading to a decline in the sales of most of the eyewear manufacturers. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/eyewear-market

5. For the purpose of this report, Reports and Data have segmented into the global Eyewear market on the basis of product, end-user, distribution channel, and region: • Product Outlook (Revenue, USD Billion; 2017-2027) • Spectacles • Contact Lenses • Shades • Other Products • End-User Outlook (Revenue, USD Billion; 2017-2027) • Men • Women • Unisex • Distribution Channel Outlook (Revenue, USD Billion; 2017-2027) • Offline Stores • Online Stores (E-commerce) • Regional Outlook (Revenue, USD Billion; 2017-2027) • North America • U.S • Europe • Asia Pacific • MEA • Latin America

6. Key participants include • Marchon Eyewear • Johnson & Johnson Vision Care • Bausch & Lomb • Carl Zeiss AG • CooperVision • Charmant Group • Fielmann AG • Safilo Group • CIBA Vision • Luxottica Group Ask a Discount:https://www.reportsanddata.com/discount-enquiry-form/2993

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