Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (US, Canada) and competitive landscape
Product Code: ETC003377 | Publication Date: Sep 2022 | Updated Date: Oct 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 30 | No. of Tables: 5 | |
Report Name | North America Eyewear Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Market Size Value | XXXX |
Revenue Forecast | XXXX |
Growth Rate | XXXX |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Product Type, By Countries, By End-users |
Countries Covered | US, Canada |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
North America Eyewear Market thoroughly covers the market by country, product type, mode of sale, and end user. The outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Eyewear Market is anticipated to grow in the forecast year mainly due to the ageing population, and the rise in prevalence of vision-related issues. The convergence of fashion and functionality in eyewear design has expanded the market base.
According to 6Wresearch, the North America Eyewear Market size is estimated to grow during 2023-2029. The Market is bolstered by several key drivers. An ageing population in the region has resulted in a growing demand for prescription glasses to correct age-related vision issues. The increasing awareness of eye health and the need for protection against harmful UV rays has boosted the sales of sunglasses. The fashion-conscious consumer base in the United States is the major driver of the market. The prevalence of digital devices and screen time has increased the incidence of vision-related issues and this has led to major requirements of the Eyewear. There are certain challenges in the market which includes intense competition among both traditional and online retailers and it has led to price pressures and the need for differentiation in product to sustain in the market.. Regulatory requirements for product safety and quality standards also present a major challenge. The economic fluctuations can impact consumer spending on non-essential items like eyewear and reduce North America Eyewear Market Growth.
The COVID-19 pandemic led to widespread closures of retail stores and reduced consumer demand as the routine eye examinations, essential for updating prescriptions, were postponed and it hugely affected the sales of prescription glasses and contact lenses. As people adapted to remote work and increased screen time, demand for eyewear for vision correction and protection from digital eye strain saw a major surge The shift toward online shopping accelerated during the pandemic, driving e-commerce sales of eyewear. Safety concerns also paved way for the innovations in protective eyewear. The online mode played a major role in shaping the North America Eyewear Industry.
These are the major players in the market: -
The United States has a major share of the Eyewear Market in North America due to its large population, high healthcare expenditure, and fashion-conscious consumer base.
According to Ravi Bhandari, Research Head, 6Wresearch, Prescription Glasses/Spectacles are expected to grow in the forecast period due to the need for vision correction
Based on the Mode Of sales, the market is divided into Retail Stores and online stores. The retail store segment is a prominent mode of purchase as consumers visit these stores for fitting, testing, and personalized advice, increasing North America Eyewear Market Share.
Based on End Users, the market is segmented into Men and Women. The Men Segment is expected to dominate the market on account of fashion choices and trendy lifestyles.
The report offers a broad study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. North America Eyewear Market Overview |
3.1. North America Eyewear Market Revenues, 2019-2029F |
3.2. North America Eyewear Market Revenue Share, By End-Users, 2022 & 2029F |
3.3. North America Eyewear Market Revenue Share, By-Products, 2022 & 2029F |
3.4. North America Eyewear Market Revenue Share, By Distribution Channels, 2022 & 2029F |
3.5. North America Eyewear Market Revenue Share, By Countries, 2022 & 2029F |
3.6. North America Eyewear Market Industry Life Cycle |
3.7. North America Eyewear Market- Porter’s Five Forces |
4. North America Eyewear Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. North America Eyewear Market Trends |
6. North America Eyewear Market Overview, By End-Users |
6.1. North America Eyewear Market Revenues, By Men, 2019-2029F |
6.2. North America Eyewear Market Revenues, By Women, 2019-2029F |
6.3. North America Eyewear Market Revenues, By Unisex, 2019-2029F |
7. North America Eyewear Market Overview, By-Products |
7.1. North America Eyewear Market Revenues, By Sunglasses, 2019-2029F |
7.2. North America Eyewear Market Revenues, By Spectacles, 2019-2029F |
7.3. North America Eyewear Market Revenues, By Contact Lenses, 2019-2029F |
7.4. North America Eyewear Market Revenues, By Others, 2019-2029F |
8. North America Eyewear Market Overview, By Distribution Channels |
8.1. North America Eyewear Market Revenues, By Online, 2019-2029F |
8.2. North America Eyewear Market Revenues, By Offline, 2019-2029F |
9. US Eyewear Market Overview |
9.1 US Eyewear Market Revenue and Volume, 2019-2029F |
9.2 US Eyewear Market Revenue Share, By-Products, 2022 & 2029F |
9.3 US Eyewear Market Revenue Share, By End-Users, 2022 & 2029F |
9.4 US Eyewear Market Revenue Share, By Distribution Channel, 2022 & 2029F |
10. Canada Eyewear Market Overview |
10.1 Canada Eyewear Market Revenue and Volume, 2019-2029F |
10.2 Canada Eyewear Market Revenue Share, By-Products, 2022 & 2029F |
10.3 Canada Eyewear Market Revenue Share, By End-users, 2022 & 2029F |
10.4 Canada Eyewear Market Revenue Share, By Distribution Channel, 2022 & 2029F |
11. North America Eyewear Market Key Performance Indicators |
12. North America Eyewear Market Competitive Landscape |
12.1 North America Eyewear Market By Companies, 2022 |
12.2 US Eyewear Market By Companies, 2022 |
12.3 Canada Eyewear Market By Companies, 2022 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |
Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (US, Canada) and competitive landscape
Product Code: ETC003377 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North American Eyewear Market is anticipated to garner potential revenues during the forecast period 2020-26F owing to rising consumer consciousness regarding the image and style of eyewear products is expected to proliferate the growth of the North America eyewear market in the upcoming six years. An increase in the premium optimization of eyewear products coupled with the introduction of classic and lucrative designs of eyewear products is anticipated to drive demand for the latest designs of eyewear in the near future across the North America region.
According to 6Wresearch, North America Eyewear Market size is anticipated to register potential growth during 2020-26. However, the spread of COVID-19 is expected to contribute towards the decline of the North America eyewear market on the back of disturbances in the supply chain and discontinuation of production. Moreover, consequent disruptions in the operations in the lockdown period in the country are likely to dip the sales revenue for many of the top eyewear brands in the near term and significantly contribute towards the slow growth of North America eyewear market in the coming years. However, with rising needs for eye protection backed by the spread of airborne COVID virus, the demand for sunglasses is anticipated to increase but would not contribute much towards the growth of the North America eyewear market.
On the basis of distribution channels, online distribution channels are expected to garner the highest revenues in the overall North America eyewear market backed by the rising access to e-commerce sites along with attractive discount offers provided by many top eyewear brands over their official e-shopping portal. Also, a spur in the home services such as home eye testing, free trial of products, and delivery of the finished product at home is instigating many consumers to shift towards online shopping methods and would assist the North America eyewear market witness potential growth in the coming years.
The North America Eyewear market report thoroughly covers the market by product types, distribution channels, and key countries including Canada and the US. The North America Eyewear market outlook report provides an unbiased and detailed analysis of the on-going North America Eyewear market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The rising efforts of the government across the region towards providing affordable eye care facilities to the people by way of camps especially in the rural areas are helping the potential sales of eyewear products and are anticipated to proliferate sound growth of the North America eyewear market in the upcoming six years. Moreover, consequent disruptions in the operations in the lockdown period in the country are likely to dip the sales revenue for many of the top eyewear brands in the near term and significantly contribute towards the slow growth of the North America eyewear market in the coming years. However, with an increase in digitalization backed by the spread of the COVID-19 virus and the world going online for many of their tasks, the use of electronic devices is expected to increase and would raise significant demand for anti-reflection eyewear products to ensure increased use of electronic devices safely. United States eyewear market is further, expected to win the bid against being the top eyewear market across the region.
On the back of an increase in the premium optimization of eyewear products coupled with the introduction of classic and lucrative designs of eyewear products which are anticipated to drive demand for quality versions of eyewear especially from the high-income households, female population, and even the kids, is expected to be a growth proliferator for the North America eyewear market in the coming time zone. The rising number of vision disparities is leading to an increased demand for eyewear products across the country’s landscapes of the North America region and would benefit the North America eyewear market register a promising growth in the coming years.
Key Highlights of the Report:
Markets Covered
The North America Eyewear Market report provides a detailed analysis of the following market segments: