DOVER, Delaware, April 19, 2016 /PRNewswire/ --
Eyewear Market Size is projected to reach USD 165 Billion by 2022, as per a new research report by Global Market Insights, Inc. Growing visual inaccuracies coupled with increased awareness regarding vision correction is expected to provide a fillip to eyewear market growth.
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While spectacles remain the dominant mode of correction, contact lenses are expected to witness growth on account of benefits such as aesthetic appeal and growing availability of modalities.
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Increased corrective surgeries and prescription contact lenses demand is expected to favorably impact Plano sunglasses market growth. Spectacle lenses shipments and revenue is estimated to benefit from replacement demand as well as growing global preference for high quality lenses. Rising incidences of ophthalmic disorders as well as aging population are also considerable factors fueling eyewear market size.
High-end sunglasses are expected to be the key revenue contributor to the non-corrective segment, since these products retail at high prices. The plano sunglasses ecosystem is characterized with high focus on establishing a profitable distribution channel, with industry giant Luxottica practicing vertical integration along its supply chain.
Browse Eyewear Market Size by Product (Spectacles [Lens, Frame], Contact Lenses [RGP, Soft, Hybrid], Plano Sunglasses), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 - 2022 report at: https://www.gminsights.com/industry-analysis/eyewear-market
Key insights from the report include:
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Global Eyewear Product Analysis (Volume, Million Units & Revenue, USD Million; 2012 - 2022)
Global Eyewear Regional Analysis (Volume, Million Units & Revenue, USD Million; 2012 - 2022)
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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