Market Forecast by Countries (United States, Canada), By Product Type (Prescription glasses/spectacles, Sunglasses, Contact lenses), By Mode of Sale (Retail stores, Online stores), By End User (Men, Women) And Competitive Landscape
Product Code: ETC404041 | Publication Date: Aug 2022 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | North America Eyewear Market |
Base Year | 2023 |
Historical Period | 2020-2023 |
Forecast Period | 2024-2030 |
Growth Rate (CAGR) | 2.67% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Product Type, By Mode Of Sale, By End User |
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 report thoroughly covers the market by country, by product type, by mode of sale, and by end-user. The market 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.
The North America Eyewear Market encompasses a range of products, including eyeglasses, contact lenses, and sunglasses. The market is influenced by changing fashion trends, increasing eye health awareness, and the prevalence of vision-related issues. The primary drivers of the market growth are changing fashion trends and the influence of celebrity endorsements. Additionally, increasing awareness of eye health and the prevalence of vision-related issues contribute to the demand for prescription eyeglasses and contact lenses.
According to 6Wresearch, the North America Eyewear Market Size is expected to witness a revenue of US$39.98bn, with an estimated annual growth rate of 2.67% during the forecast period of 2024-2030. The North America eyewear market growth is propelled by several key drivers, including evolving fashion trends that position eyewear not just as a visual necessity but also as a fashion accessory. The rising awareness of eye health and the increasing prevalence of vision-related issues contribute to the growing demand for eyeglasses, contact lenses, and sunglasses. Moreover, the surge in digital device usage has elevated the incidence of eye strain, further fueling the need for corrective eyewear. However, the market faces challenges such as increasing competition from online retail platforms and the potential impact of economic downturns on discretionary spending for fashion eyewear. Despite these challenges, the industry is witnessing notable trends, including the integration of technology, such as smart glasses, and a shift toward sustainability. Opportunities in the North America eyewear market abound with the continued growth of e-commerce, allowing for broader market reach, and the potential for technological advancements to create innovative eyewear solutions, presenting new avenues for growth and market expansion.
In general, governments regulate the healthcare and optical industries to ensure that eyewear products meet certain safety and quality standards. This involves regulations related to the manufacturing, distribution, and sale of prescription eyeglasses and contact lenses. Additionally, general consumer protection laws ensure that consumers have access to accurate information, fair pricing, and protection against fraudulent or deceptive practices when purchasing eyewear. Some government policies are related to healthcare insurance coverage, affecting the affordability and accessibility of eyewear for individuals. Vision care coverage under health insurance plans influences consumer choices in the eyewear market. Furthermore, workplace safety regulations have an impact on the use of protective eyewear in certain industries.
Some of the prominent companies operating in the North America Eyewear Industry include;
According to Shubham, Senior Research Analyst, 6Wresearch, Online stores are expected to dominate the North America Eyewear Market Share during the forecast period. This segment refers to e-commerce platforms where consumers can browse, select, and purchase eyewear products over the Internet.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Eyewear Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Eyewear Market Revenues & Volume, 2020 & 2030F |
3.3 North America Eyewear Market - Industry Life Cycle |
3.4 North America Eyewear Market - Porter's Five Forces |
3.5 North America Eyewear Market Revenues & Volume Share, By Countries, 2023 & 2030F |
3.6 North America Eyewear Market Revenues & Volume Share, By Product Type, 2023 & 2030F |
3.7 North America Eyewear Market Revenues & Volume Share, By Mode of Sale, 2023 & 2030F |
3.8 North America Eyewear Market Revenues & Volume Share, By End User, 2023 & 2030F |
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, 2020 - 2030 |
6.1 North America Eyewear Market, Revenues & Volume, By Product Type, 2020 - 2030 |
6.2 North America Eyewear Market, Revenues & Volume, By Mode of Sale, 2020 - 2030 |
6.3 North America Eyewear Market, Revenues & Volume, By End User, 2020 - 2030 |
7 United States Eyewear Market, 2020 - 2030 |
7.1 United States Eyewear Market, Revenues & Volume, By Product Type, 2020 - 2030 |
7.2 United States Eyewear Market, Revenues & Volume, By Mode of Sale, 2020 - 2030 |
7.3 United States Eyewear Market, Revenues & Volume, By End User, 2020 - 2030 |
8 Canada Eyewear Market, 2020 - 2030 |
8.1 Canada Eyewear Market, Revenues & Volume, By Product Type, 2020 - 2030 |
8.2 Canada Eyewear Market, Revenues & Volume, By Mode of Sale, 2020 - 2030 |
8.3 Canada Eyewear Market, Revenues & Volume, By End User, 2020 - 2030 |
9 North America Eyewear Market Key Performance Indicators |
10 North America Eyewear Market - Opportunity Assessment |
10.1 North America Eyewear Market Opportunity Assessment, By Countries, 2023 & 2030F |
10.2 North America Eyewear Market Opportunity Assessment, By Product Type, 2023 & 2030F |
10.3 North America Eyewear Market Opportunity Assessment, By Mode of Sale, 2023 & 2030F |
10.4 North America Eyewear Market Opportunity Assessment, By End User, 2023 & 2030F |
11 North America Eyewear Market - Competitive Landscape |
11.1 North America Eyewear Market Revenue Share, By Companies, 2023 |
11.2 North America Eyewear Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |