EYEWEAR MARKET ANALYSIS

Eyewear Market, By Product Type (Spectacles, Plano Sunglasses, Contact Lenses, Sportswear, and Eye Care), By Price Range (Premium, Mid, and Low), By Distribution Channel (E-commerce/Online, Company Outlets/Franchises, Hospitals, Clinics, and Multi-brand Stores), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global Eyewear Market- Regional Insights

Europe is expected to be the largest market for eyewear, accounting for 45% of the market share in 2023. The growth of the eyewear market in Europe is attributed to the increasing demand for eyewear in countries such as France, Germany, the Netherlands, and Russia.
Asia Pacific is expected to account for 25% of the market share in 2023. The growth of the eyewear market in Asia Pacific is attributed to the increasing demand for eyewear in countries such as India and China.
North America accounted for 15% of the market share in 2023. The growth of the global eyewear market in North America is attributed to the increasing demand for eyewear in countries such as the U.S. and Canada.

Figure 1. Global Eyewear Market Share (%), By Region, 2023