Global Eyewear Market to Keep on Growing in the Offing, Says Koncept Analytics in Its Insightful Report Recently Published at MarketPublishers.com03 Nov 2016 • by Natalie Aster
LONDON – Nowadays, despite weakening growth, the world’s eyewear market remains strong, stimulated by rising incidence of myopia, rapidly ageing population, expanding middle class population and increasing disposable incomes. In the short run, the global eyewear market is expected to keep on growing. High potential vision correction opportunity, rising number of people suffering from diabetes, rising urbanization, ongoing technical innovations, escalating demand for eyewear in developed economies are also amongst the major factors encouraging the eyewear market growth. However, the rising usage of refractive eye surgery and also illegal decorative contact lenses could restrain the expansion of the global eyewear market growth in the short run.
Regionally, Latin America and APAC present the most lucrative growth opportunities for the eyewear market players, due to emerging middle class, rising awareness of luxury products and constantly improving access to healthcare and education deregulation.
Some of the remarkable trends in the global eyewear market comprise emerging online eyewear market, shift to higher value eyewear products, growth of contact lens category, strong demand for quality sunglasses.
The world marketplace is dominated by such participants as Safilo Group S.P.A, Essilor International SA, Grandvision NV, Luxottica.
The in-demand research study “Global Eyewear Market with Focus on Luxury Sunglass: Industry Analysis & Outlook (2016-2020)” elaborated by Koncept Analytics includes an in-depth overview of the world’s eyewear market, with a special emphasis on the luxury sunglasses segment. The report offers a granular analysis of the major geographical eyewear markets (the USA, Japan, China, Brazil, India, Taiwan and Germany). The publication sheds light on the market dynamics, discusses the major development trends, examines the top demand growth drivers, touches upon the burning issues, reviews the latest strategies and new product launches. Moreover, this report investigates the competitive scenario in the market and profiles the 4 major market participants. Moreover, a detailed future outlook through 2020 is also available in this study.
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