Luxury Eyewear Market Size, Share, Trends & Forecast 2030
Overview of the Global Luxury Eyewear Market:
The Global Luxury Eyewear Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of Luxury Eyewear market 2030?
The Global Luxury Eyewear Market size was valued at around USD 33 billion in 2024 and is projected to reach USD 42 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4% during the forecast period, i.e., 2025-30.
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Who are the top companies operating in the Global Luxury Eyewear market?
The report features prominent companies operating in the Luxury Eyewear market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Luxury Eyewear market: EssilorLuxottica SA, Zeiss Group, UBON, Vision Service Plan Global, CooperVision Limited, Marcolin SpA, OTB Group, Luxottica Group SpA, Matsuda, Hermès International SCA, Safilo Group, Fielmann AG, HOYA Corporation, JAB Luxury GmbH, Warby Parker, and Others
What is the key factor projected to fuel growth in the Luxury Eyewear Market between 2025 and 2030?
Prevalence of Poor Vision & Growing Awareness of Eye Safety – Growing awareness of eye safety and care, along with the prevalence of poor vision are the main factors propelling the Global Luxury Eyewear Market. The need for eyewear is growing as more people experience vision issues because of factors like extended screen time environmental contaminants and aging populations. Globally, people use screens for six hours and forty minutes every day on average. The average daily screen time in the United States was 7 hours and 3 minutes. According to WHO estimates 2.2 billion people worldwide suffer from some kind of vision problem and this number may rise as the population ages. Demand for more expensive eyewear with more expensive lenses is rising as consumers become more conscious of the need to protect the eyes from the harmful rays of UV lights. In response luxury eyewear companies have started to offer more advanced protective features like UV-blocking and blue light-filtering lenses in addition to stylish designs. Luxury eyewear has become more appealing to health-conscious consumers due to its combination of premium design and practical advantages, which has further stimulated market expansion.
Luxury Eyewear Market - Segmentation Analysis
- By Product Type (Eyeglasses [Prescription Glasses, Fashion Eyewear, Reading Glasses, Computer Glasses], Sunglasses [Designer Sunglasses, Fashion Sunglasses], Contact Lenses)
- By Glass Type (Polaroid, Non-Polaroid)
- By Demographics (Gender [Men, Women, Unisex, Kids], Age Group [02-10, 11-17, 18-24, 25-40, 41-56, 57+])
- By Price Range (USD 100 – 300, USD 301 – 500, USD 501 – 700, USD 701 – 900, Greater than (>) USD 900)
- By Distribution Channels (Online, Offline [High-End Department Stores, Exclusive Brand Boutique, Optical Retailers, Luxury Retail Chains, Others])
- By Size (Small, Medium, Large
- By Frame Material Metal, Plastic & Fiber)
- By Eyewear Shape (Rectangle, Square, Circle, Others)
- By Frame Type (Rimmed, Rimless, Semi-Rimmed) and others
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How does the Luxury Eyewear Market vary across different geography?
-By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
North America holds the highest market share accounting for 40% of the entire market. The region's growth is driven by its well-established e-commerce infrastructure, primarily in the U.S., thereby ensuring that luxury eyewear brands can easily be accessed and are offered hassle-free shopping experiences.
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.
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Comprehensive Table of Contents – Luxury Eyewear Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: Luxury Eyewear Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of Luxury Eyewear Companies
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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