Spectacle lenses help to improve or correct the vision of people with farsightedness (hyperopia), nearsightedness (myopia), astigmatism, and presbyopia. Thus, with the increase in prevalence of such optical disorders and increase in awareness among people, the demand for spectacle lens is also increase with a rapid pace, worldwide.

Market Dynamics:

Increase in demand for spectacle lens, increasing prevalence of optical disorders, growing geriatric population, increase in awareness among people and rising eyewear production and consumption in several regional countries are some major factors expected to augment the growth of the global spectacle lens market over the forecast period.

For instance, in July 2022, YourSpex launched a one-of-its-kind customizable lens range to offer its customers personalized and affordable lens packages. Customers can now get a wide range of lenses, including single vision, bifocal, progressive, or computer specs, at a very competitive price. In addition, they can also choose from multiple add-ons like Blue-Blocker, anti-glare, anti-scratch, photochromic, and much more.

Key features of the study:

• This report provides in-depth analysis of the global spectacle lens market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2028), considering 2021 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global spectacle lens market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Nikon Corporation, Rodenstock GmbH, Hoya Vision Care Company, GKB Ophthalmics Ltd., Essilor International, Carl Zeiss Meditec AG, and Seiko Optical Products Co. Ltd., among others.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global spectacle lens market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global spectacle lens market.

Detailed Segmentation:

• Global Spectacle Lens Market, By Type:
• • Single Vision
  • Bifocal
  • Trifocal
  • Progressive
• Global Spectacle Lens Market, By Coating Type:
• • Anti-reflective Coating
  • Scratch-resistant Coating
  • Anti-fog Coating
  • UV Protection
  • Other Coating Types
• Global Spectacle Lens Market, By Usage:
• • Prescription Glass
  • OTC Reading Glass
• Global Spectacle Lens Market, By Geography:
• • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • South America
• Company Profiles:
• • Nikon Corporation
  • Rodenstock GmbH
  • Hoya Vision Care Company
  • GKB Ophthalmics Ltd.
  • Essilor International SA
  • Carl Zeiss Meditec AG
  • Seiko Optical Products Co. Ltd.