(MENAFN- GlobeNewsWire - Nasdaq) The eyewear market offers significant opportunities due to increasing visual deficiencies, aging populations, and rising fashion-consciousness. Growth in online shopping with virtual try-ons, demand for eco-friendly materials, and advanced lens technology like photochromic lenses also drive expansion.

Dublin, Oct. 03, 2025 (GLOBE NEWSWIRE) -- The "Eyewear Market Size, Share and Growth Analysis Report 2025-2034" has been added to ResearchAndMarkets's offering.

The global eyewear market is poised for significant growth with its size reaching USD 136.66 billion in 2024 and projected to expand at a CAGR of 3.10% from 2025 to 2034, achieving a valuation of approximately USD 185.45 billion by 2034.

The eyewear market is propelled by increasing visual impairments and heightened awareness of eye exams. Rising cases of ophthalmic disorders, such as myopia, presbyopia, and hypermetropia, particularly among the aging population, significantly contribute to market demand. In developing nations, undiagnosed and uncorrected visual disabilities prompt government and private initiatives for eye-care awareness, further boosting market sales.

Key Trends and Developments

Fashion-forward eyewear trends, burgeoning demand for adaptive lenses, and increasing eye health awareness programs shape market dynamics. Integration of advanced AR and VR technologies is enhancing the consumer shopping experience, offering virtual try-on features, like the one introduced by Walmart in January 2024, which enhances consumer interaction and boosts sales.

Eyewear Market Trends

Photochromic lenses, known for their adaptability to lighting conditions, are gaining popularity. These lenses automatically transition from clear to dark in sunlight, offering seamless indoor-outdoor usage and UV protection, thereby promoting long-term eye health. The market also sees a shift towards eco-friendly materials like wood and bamboo, catering to environmentally conscious consumers.

Online retail is experiencing a considerable boom due to its convenience, competitive pricing, and technological advancements like AR and VR, which allow consumers to digitally try on products. Optical stores remain leaders due to the provision of eye exams alongside eyewear solutions, offering consumers a comprehensive service.

Eyewear Market Segmentation

The report offers insights into these segments:

• Market Breakup by Product: Spectacles, Sunglasses, Contact Lenses
• Market Breakup by Gender: Men, Women, Unisex
• Market Breakup by Distribution Channel: Optical Stores, Independent Brand Showrooms, Online Stores, Retail Stores
• Market Breakup by Region: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Globally, spectacles dominate due to their use in correcting vision impairments and providing UV and blue light protection. Contact lenses, preferred for their aesthetic appeal and practicality during sports, also hold a significant market share.

Competitive Landscape of Eyewear Market

Market players are intensifying marketing to bolster brand awareness and launching innovative products that meld fashion trends with eco-friendly materials. Collaborative efforts between technology companies and traditional eyewear manufacturers drive innovation, resulting in unique product offerings.

Eyewear Market Analysis by Region

Europe commands a notable market share, driven by a large visual impairment population and a robust healthcare system promoting regular eye exams. The region's fashion hubs, like Paris and Milan, further fuel the demand for designer eyewear.

Asia-Pacific is a burgeoning market, expected to expand due to its massive population and rapid economic growth, leading to increased spending on healthcare and lifestyle products. The sizable aging population in countries like Japan intensifies the demand for vision correction solutions.

Key Attributes

Report Attribute	Details
No. of Pages	169
Forecast Period	2025-2034
Estimated Market Value (USD) in 2025	$136.66 Billion
Forecasted Market Value (USD) by 2034	$185.45 Billion
Compound Annual Growth Rate	3.1%
Regions Covered	Global

Key Topics Covered
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook

2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders

3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends

4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate

5 Global Eyewear Market Analysis
5.1 Key Industry Highlights
5.2 Global Eyewear Historical Market (2018-2024)
5.3 Global Eyewear Market Forecast (2025-2034)
5.4 Global Eyewear Market by Product
5.5 Global Eyewear Market by Gender
5.6 Global Eyewear Market by Distribution Channel
5.7 Global Eyewear Market by Region

6 North America Eyewear Market Analysis
6.1 United States of America
6.2 Canada

7 Europe Eyewear Market Analysis
7.1 United Kingdom
7.2 Germany
7.3 France
7.4 Italy
7.5 Others

8 Asia-Pacific Eyewear Market Analysis
8.1 China
8.2 Japan
8.3 India
8.4 ASEAN
8.5 Australia
8.6 Others

9 Latin America Eyewear Market Analysis
9.1 Brazil
9.2 Argentina
9.3 Mexico
9.4 Others

10 Middle East and Africa Eyewear Market Analysis
10.1 Saudi Arabia
10.2 United Arab Emirates
10.3 Nigeria
10.4 South Africa
10.5 Others

11 Market Dynamics
11.1 SWOT Analysis
11.2 Porter's Five Forces Analysis
11.3 Key Indicators for Demand
11.4 Key Indicators for Price

12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
The key companies featured in this Eyewear market report include:

• Luxottica Group S.p.A.
• Essilor of America, Inc.
• Johnson & Johnson Vision Care, Inc. (Johnson & Johnson Medical GmbH)
• Safilo Group S.p.A.
• Alcon Vision LLC
• Prada S.p.A.
• Oakley, Inc.
• The Cooper Companies Inc.
• Silhouette International Schmied AG
• LVMH Group

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• Eyewear Market

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