Global Eyewear Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Spectacles, Sunglasses, Contact Lenses, and Others

By Material;

Plastic, Metal, Wood, Polycarbonate, and Acetate

By Price Range;

Budget, Mid-Range, Premium, Luxury, and Discounted

By Distribution Channel;

Offline Channel and Online Channel

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn134261498 Published Date: May, 2025 Updated Date: June, 2025

Eyewear Market Overview

Eyewear Market (USD Million)

Eyewear Market was valued at USD 202,348.43 million in the year 2024. The size of this market is expected to increase to USD 360,502.77 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.


Global Eyewear Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 8.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.6 %
Market Size (2024)USD 202,348.43 Million
Market Size (2031)USD 360,502.77 Million
Market ConcentrationMedium
Report Pages329
202,348.43
2024
360,502.77
2031

Major Players

  • Safilo Group S.p.A.
  • Fielmann AG
  • EssilorLuxottica SA
  • Johnson & Johnson Services, Inc.
  • The Cooper Companies, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Eyewear Market

Fragmented - Highly competitive market without dominant players


The Eyewear Market is experiencing dynamic growth, powered by rising demand for vision enhancement solutions and fashion-forward accessories. Around 60% of individuals now rely on visual aids, reflecting a shift where function meets style. This alignment of necessity with personal aesthetics is redefining consumer expectations and market trajectories.

Surge in Vision Stress from Digital Devices
The rise in screen exposure has significantly increased the prevalence of digital eye strain, prompting wider adoption of blue-light filtering eyewear, which holds about 23% share of usage. These products appeal to younger consumers who are both digitally active and health-conscious, driving innovation in this niche.

Fashion-Driven Growth in Premium Eyewear
Modern consumers associate eyewear with status, identity, and design, leading to an 18% boost in demand for premium and designer offerings. Market trends are also reflecting shifts toward eco-conscious fashion, with many brands releasing stylish yet sustainable frames to align with evolving values.

Smart Features and Personalized Vision Care
Technology is becoming central to the eyewear experience, with customized lenses and ergonomic designs gaining popularity among 35% of users. Innovations such as smart lenses, lightweight materials, and tailored fitting technologies are elevating both comfort and performance expectations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Material
    3. Market Snapshot, By Price Range
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Eyewear Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Vision Problems

        2. Demographic Shifts

        3. Fashion and Lifestyle Trends

      2. Restraints
        1. Counterfeit Products

        2. Price Sensitivity

        3. Shifting Consumer Preferences

      3. Opportunities
        1. Rising Vision Correction Needs

        2. Digital Eye Strain Awareness

        3. Sustainability and Eco-Friendly Materials

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Eyewear Market, By Product Type, 2021 - 2031 (USD Million)
      1. Spectacles

      2. Sunglasses

      3. Contact Lenses

      4. Others

    2. Eyewear Market, By Material, 2021 - 2031 (USD Million)

      1. Plastic

      2. Metal

      3. Wood

      4. Polycarbonate

      5. Acetate

    3. Eyewear Market, By Price Range , 2021 - 2031 (USD Million)

      1. Budget

      2. Mid-Range

      3. Premium

      4. Luxury

      5. Discounted

    4. Eyewear Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Offline Channel

      2. Online Channel

    5. Eyewear Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Safilo Group S.p.A.
      2. Fielmann AG
      3. EssilorLuxottica SA
      4. Johnson & Johnson Services, Inc.
      5. The Cooper Companies, Inc.
  7. Analyst Views
  8. Future Outlook of the Market