Press Release

Spectacles Market Global Industry Size, Future Trends, Growth Key Factors, Demand, Business Share, Sales & Income, Manufacture Players, Application, Scope, and Opportunities Analysis by Outlook – 2026

Spectacles Market: Global Industry Overview By Size, Share, Trends, Growth Factors, Historical Analysis, Opportunities and Industry Segments Poised for Rapid Growth by 2026

The global spectacles market is projected to reach USD 141.54 billion by 2026, thereby exhibiting a CAGR of 5.7% during the forecast period. Fortune Business Insights™ published this information in a recent report, titled, “Spectacles Market Size, Share & Industry Analysis, By Product Type (Spectacles Frames and Spectacle Lenses), By Modality (Prescription and Over-the-counter) By Distribution Channel (Retail Store, Online Store, Ophthalmic Clinics), and Regional Forecast, 2019-2026.” The report further mentions that the market stood at USD 91.56 billion in 2018. However, it is expected to gain momentum from the rising prevalence of ocular disorders, such as myopia, hypermetropia, and astigmatism.

For more information in the analysis of this report, visit: https://www.globenewswire.com/news-release/2020/01/17/1971948/0/en/Spectacles-Market-to-Reach-USD-141-54-Billion-by-2026-Rising-Incidence-of-Ocular-Disorders-to-Drive-Growth-Fortune-Business-Insights.htmlhttps://www.globenewswire.com/news-release/2020/01/17/1971948/0/en/Spectacles-Market-to-Reach-USD-141-54-Billion-by-2026-Rising-Incidence-of-Ocular-Disorders-to-Drive-Growth-Fortune-Business-Insights.html

EssilorLuxottica Buys GrandVision While Snap Inc. Introduces AR Sunglasses

Companies present in the market are working persistently to gain the maximum spectacles market revenue in the coming years by launching state-of-the-art products and by acquiring other industry giants. Below are a couple of the latest industry developments:

  • July 2019: EssilorLuxottica, a designer, manufacturer, and distributor of ophthalmic lenses, frames, and sunglasses, headquartered in France, is set to purchase GrandVision, a provider of high quality and affordable eye care. The total deal is worth USD 8 billion. EssilorLuxottica will be able to take control of the latter’s stores where it sells lenses and spectacles. As per GrandVision, it would provide EssilorLuxottica control of more than 7,000 outlets worldwide. GrandVision’s supervisory boards and management would support the deal.
  • August 2019: Snap Inc., an American camera and social media company, unveiled an upgraded version of its augmented reality (AR) sunglasses named Spectacles 3. It is equipped with two cameras to shoot videos and images in 3D. They can be used to record 10-second videos of whatever the user is seeing and post them on Snapchat. They are compatible with Android 4.3 and above, and iOS 8 and above. Priced at 330 pounds, they went on sale in November. The eyewear comes with a charging case that folds flat when not in use.

Fortune Business Insights™ lists out some of the most renowned companies operating in the global spectacles market. They are as follows:

  • Zenni Optical, Inc.
  • Carl Zeiss
  • EssilorLuxottica
  • Warby Parker
  • Fielmann AG
  • Ciba Vision
  • HOYA Corporation
  • Safilo Group S.p.A.
  • Johnson and Johnson Vision
  • Other prominent market players

Segmentation

By Product Type

  • Spectacle Frames
  • Spectacle Lenses

By Modality

  • Prescription
  • Over-the-counter

By Distribution Channel

  • Retail Store
  • Online Store
  • Ophthalmic Clinic

By Geography

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Some major points from Table of Content:

  1. Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  4. Key Insights
    • Key Industry Developments – Mergers, Acquisitions, and Partnerships, 2018
    • Key Trends in the Spectacles Market
    • Epidemiology of Ocular Disorders- For Key Countries
    • Introduction of New Products / Approvals (by Major Players)
    • Snapshot: Global Eyewear Market
  5. Global Spectacles Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Product Type
      • Frames
      • Lenses
    • Market Analysis, Insights and Forecast – By Modality
      • Prescription
      • Over-the-counter
    • Market Analysis, Insights and Forecast – By Distribution Channel
      • Retail Stores
      • Online Stores
      • Ophthalmic Clinics
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia pacific
      • Latin America
      • Middle East & Africa
  1. North America Spectacles Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis – By Product Type
      • Frames
      • Lenses
    • Market Analysis – By Modality
      • Prescription
      • Over-the-counter
    • Market Analysis – By Distribution Channel
      • Retail Stores
      • Online Stores
      • Ophthalmic Clinics
    • Market Analysis – By Country
      • S.
      • Canada
  1. Europe Spectacles Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis – By Product Type
      • Frames
      • Lenses
    • Market Analysis – By Modality
      • Prescription
      • Over-the-counter
    • Market Analysis – By Distribution Channel
      • Retail Stores
      • Online Stores
      • Ophthalmic Clinics
    • Market Analysis – By Country/Sub-region
      • K.
      • Germany
      • France
      • Spain
      • Italy
      • Scandinavia
      • Rest of Europe
  1. Asia pacific Spectacles Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis – By Product Type
      • Frames
      • Lenses
    • Market Analysis – By Modality
      • Prescription
      • Over-the-counter
    • Market Analysis – By Distribution Channel
      • Retail Stores
      • Online Stores
      • Ophthalmic Clinics
    • Market Analysis – By Country/Sub-region
      • Japan
      • China
      • India
      • Australia
      • Southeast Asia
      • Rest of Asia Pacific

Continued…

More Trending Topics From Fortune Business [email protected]

Acute Care Market 2026 Share, Trends, Size, Manufacturers, Suppliers, Export Research Report and Forecast

Life Science Instrumentation Market 2020, Focuses on Top Companies, Global Industry Analysis, Recent Trends and Regional Growth Forecast 2026

Breathalyzers Market 2020, Focuses on Top Companies, Global Industry Analysis, Recent Trends and Regional Growth Forecast 2026

Related Articles

Close