Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape
Product Code: ETC003379 | Publication Date: Aug 2020 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | United States Eyewear Market |
Forecast period | 2024-2030 |
CAGR | 6% |
Growing Sector | Fashion |
The United States Eyewear Market report thoroughly covers the market by Product, End United Stateser, and Distribution Channel. The market 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 United States Eyewear Market has anticipated growth in the past decade and is expected to grow significantly during the forecast period 2024 – 2030. Factors such as awareness about eye health, increasing screening time, growing fashion, and government initiatives are contributing to the growth of the eyewear market.
According to 6Wresearch, the United States Eyewear Market size is expected to grow at a significant CAGR of 6% during 2024-2030. One of the major drivers for the growth of the U.S. eyewear market is the increasing awareness about eye health and vision correction among consumers. Another key driver is fashion trends. Eyewear is no longer jUnited Statest a functional necessity but has also become a fashion statement. Consumers are constantly looking for trendy and stylish eyewear, leading to a constant demand for new and innovative designs. Moreover, the increasing United Statese of digital devices such as smartphones, laptops, and tablets has resulted in a rise in cases of eye strain and other vision-related issues. This has led to an increase in demand for blue light-blocking glasses and other protective eyewear.
One major challenge is the high cost of prescription eyewear. Another challenge is the rise of online retailers, which offer lower prices and a wider selection of eyewear. Additionally, counterfeit products and lack of regulation in the eyewear market pose a threat to consumers.
Some of the key players dominating the United States eyewear market include Luxottica Group S.p.A., Johnson & Johnson Vision Care Inc., Alcon Laboratories Inc., BaUnited Statesch Health Companies Inc., Safilo Group S.p.A., CooperVision Inc., and Carl Zeiss AG. These companies have a significant presence in both prescription and non-prescription eyewear segments and have been investing in research and development to expand their product offerings.
One of the major initiatives by the government is through regulating health insurance policies to cover vision care services and prescription glasses. Moreover, there are ongoing efforts by government agencies such as the Food and Drug Administration (FDA) to monitor and regulate the safety standards of eyewear products sold in the country. The government has also launched awareness campaigns to educate the public about the importance of eye health and regular eye exams. Additionally, varioUnited States tax incentives have been introduced by the government to support bUnited Statesinesses in the eyewear indUnited Statestry. Furthermore, efforts are being made to promote innovation in the eyewear indUnited Statestry through grants and funding from government agencies.
The United States eyewear market is expected to witness significant growth in the coming years due to varioUnited States factors such as increasing awareness about eye health, rising demand for fashion and luxury eyewear, and advancements in technology. With an ageing population and increasing cases of vision problems, the demand for corrective eyewear is expected to rise. Moreover, the trend of online eyewear shopping and the emergence of e-commerce platforms are also contributing to market growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the sunglasses segment in the United States eyewear market is expected to experience significant growth in the coming years due to the increasing awareness about eye protection and fashion trends among consumers.
Based on end-United Statesers, the female segment is projected to dominate the market due to their higher purchasing power and increasing interest in fashion and beauty products.
In terms of distribution channels, offline stores is expected to hold the major share of the United States eyewear market. This can be attributed to factors such as the availability of a wide range of products and personalized services offered by opticians.
The report provides a detailed analysis of the following market segments
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. US Eyewear Market Overview |
3.1. US Eyewear Market Revenues, 2020-2030F |
3.2. US Eyewear Market Revenue Share, By End-Users, 2020 & 2030F |
3.3. US Eyewear Market Revenue Share, By-Products, 2020 & 2030F |
3.4. US Eyewear Market Revenue Share, By Distribution Channels, 2020 & 2030F |
3.5. US Eyewear Market Revenue Share, By Regions, 2020 & 2030F |
3.6. US Eyewear Market Industry Life Cycle |
3.7. US Eyewear Market- Porter’s Five Forces |
4. US Eyewear Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. US Eyewear Market Trends |
6. US Eyewear Market Overview, By End-Users |
6.1. US Eyewear Market Revenues, By Men, 2020-2030F |
6.2. US Eyewear Market Revenues, By Women, 2020-2030F |
6.3. US Eyewear Market Revenues, By Unisex, 2020-2030F |
7. US Eyewear Market Overview, By-Products |
7.1. US Eyewear Market Revenues, By Sunglasses, 2020-2030F |
7.2. US Eyewear Market Revenues, By Spectacles, 2020-2030F |
7.3. US Eyewear Market Revenues, By Contact Lenses, 2020-2030F |
7.4. US Eyewear Market Revenues, By Others, 2020-2030F |
8. US Eyewear Market Overview, By Distribution Channels |
8.1. US Eyewear Market Revenues, By Online, 2020-2030F |
8.2. US Eyewear Market Revenues, By Offline, 2020-2030F |
9. US Eyewear Market Overview, By Region |
9.1. US Eyewear Market Revenues, By Region, 2020-2030F |
10. US Eyewear Market Key Performance Indicators |
11. US Eyewear Market Opportunity Assessment |
11.1. US Eyewear Market, Opportunity Assessment, By Product, 2025F |
11.2. US Eyewear Market, Opportunity Assessment, By Region, 2025F |
12. US Eyewear Market Competitive Landscape |
12.1. US Eyewear Market Competitive Benchmarking, By Product |
12.2. US Eyewear Market Revenue Share, By Company, 2023 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |