Global Eyewear Market 2016-2020 - High Prevalence of Eyesight Disorders - Research and Markets

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Research and Markets

16 Jun, 2016, 13:10 GMT

DUBLIN, June 16, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Eyewear Market 2016-2020" report to their offering.

The the global eyewear market is forecast to grow at a CAGR of 7.18% during the period 2016-2020.

The report covers the present scenario and the growth prospects of the global eyewear market for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of the following eyewear products:

  • Eyeglasses
  • Sunglasses
  • Contact lenses

A key trend which is contributing to market growth is the use of eyewear as fashion products. Eyewear designers are increasingly focusing on the development of eyeglasses and sunglasses in new styles, sizes, colors, and designs. Consumers can now choose products depending on the occasion, such as office wear, casual wear, party wear, and beachwear. Prescription sunglasses have gained immense popularity, with many consumers maintaining two pairs of glasses for daily use: one pair of regular prescription eyeglasses and one pair of prescription sunglasses.

According to the report, a key growth driver is the increasing prevalence of sight disorders. The high prevalence of vision disorders today may be attributed to factors such as changing dietary habits, and more time spent playing video games, watching television, and in front of computers at work and at home. 75% of people in APAC, and 35% each in Europe and the US, suffer from some form of myopia or hyperopia. Approximately 5,000 cataract operations are carried out per million people every year worldwide; cataracts are one of the leading causes of blindness in the world.

Further, the report states that one challenge that could restrict market growth is the rise in adoption of refractive eye surgery.

Key vendors:

  • Alcon
  • Essilor
  • Johnson & Johnson Vision Care
  • Luxottica
  • Safilo

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product type

PART 07: Market segmentation by demography

PART 08: Geographical segmentation

PART 09: Key leading countries

PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/26z569/global_eyewear

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