Optical Goods Stores Global Market Report 2024

Description

“Optical Goods Stores Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on optical goods stores market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for optical goods stores? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The optical goods stores market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product: Spectacles; Sunglasses; Contact Lenses
2) By Gender: Men; Women; Unisex
3) By Distribution Channel: E-Commerce; Brick And Mortar
Companies Mentioned: Luxottica Group S.p.A.; Johnson & Johnson Vision; Safilo Group S.p.A.; Alcon; Oakley Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Optical goods stores are establishments where customers can acquire eyeglasses and frames. These stores offer a variety of products, including eyeglasses, sports eyewear, and safety and protection eyewear.

The main products available at optical goods stores comprise spectacles, sunglasses, and contact lenses. Spectacles typically consist of two lenses mounted in a frame, worn by individuals to enhance their vision. These products cater to men, women, and unisex genders and are distributed through both e-commerce platforms and traditional brick-and-mortar channels.

The optical goods stores market research report is one of a series of new reports from The Business Research Company that provides optical goods stores optical components market statistics, including optical goods stores optical components industry global market size, regional shares, competitors with optical goods stores optical components market share, detailed optical goods stores optical components market segments, market trends and opportunities, and any further data you may need to thrive in the optical goods stores optical components industry. The optical goods stores optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The optical goods stores market size has grown strongly in recent years. It will grow from $65.25 billion in 2023 to $69.51 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth observed in the historical period can be attributed to factors such as population demographics, an increase in screen time, growing healthcare awareness, insurance coverage for vision-related issues, educational initiatives, and a rise in vision disorders.

The optical goods stores market size is expected to see strong growth in the next few years. It will grow to $87.82 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The anticipated growth in the forecast period can be attributed to factors such as the demands of an aging population, increased awareness of digital eye strain, a focus on sustainable and eco-friendly eyewear, trends in health and wellness, the globalization of fashion, and an enhanced focus on preventive eye care. Major trends expected in this period include digital transformation, the integration of telehealth and remote eye care services, the incorporation of smart eyewear, innovative marketing strategies, the provision of remote frame styling services, and the emergence of specialty eyewear categories.

The optical goods store market is anticipated to experience growth due to the increasing prevalence of ocular diseases. Ocular diseases encompass a range of conditions that hinder normal eye function and adversely impact vision. Optical goods stores play a crucial role in offering eyewear products that alleviate strain, prevent or treat eye conditions, and address vision-related issues. The World Health Organization reported that over 2.2 billion people worldwide are affected by near- or distance vision impairment, with nearly half of these cases being preventable or untreated. This prevalence of ocular diseases is a driving factor for the growth of the optical goods store market.

The optical goods store market is expected to witness growth driven by the rising prevalence of diabetes. Diabetes, characterized by elevated blood glucose levels, has become a chronic medical condition affecting a significant global population. The increased incidence of diabetes has led to a heightened demand for optical goods as individuals prioritize preventive eye care. This has resulted in expanded customer bases and more frequent visits for eye examinations and eyewear purchases at optical goods stores. According to the International Diabetes Federation, the global number of individuals with diabetes is projected to reach 537 million in 2021 and is expected to further increase. This growing prevalence of diabetes is a key factor propelling the growth of the optical goods store market.

Major companies are focusing on innovation, introducing products such as water gradient multifocal contact lenses designed for cellular and immune health. These contact lenses, exemplified by Alcon's TOTAL30 Multifocal, utilize water gradient technology to combat digital device dryness. The lenses provide nearly 100% water content at the surface, ensuring exceptional comfort and moisture for contact lens wearers with presbyopia. Alcon's introduction of the TOTAL30 Multifocal demonstrates a commitment to offering premium water gradient innovation at an affordable price point suitable for monthly lens replacement.

Innovation in the optical goods store market is the development of myopia management spectacle lenses. These lenses, exemplified by Hoya Vision Care's MiYOSMART sun range, are designed to control the progression of myopia in children. Featuring D.I.M.S. Technology, these lenses provide correction for myopic refractive errors while actively slowing down the progression of myopia. The MiYOSMART Chameleon and MiYOSMART Sunbird lenses offer dual functionality by addressing myopia progression while providing protection from intense sunlight, allowing children to engage in various indoor and outdoor activities without compromising vision.

In July 2021, Essilor Luxottica acquired a majority ownership interest in GrandVision, a Netherlands-based optical retailing company. This acquisition enhances Essilor Luxottica's position in the eyeglass industry, adding to its retail store presence and further establishing its prominence in the optical goods market.

Major companies operating in the optical goods stores market report are Luxottica Group S.p.A., Johnson & Johnson Vision, Safilo Group S.p.A., Alcon, Oakley Inc., The Cooper Companies Inc., Bausch & Lomb Incorporated, Hoya Corporation, Carl Zeiss AG, Seiko Optical Products Co. Ltd., Zenni Optical Inc., Warby Parker, Silhouette Group, Rodenstock GmbH, Marcolin, Charmant Group, Chemilens, CIBA VISION, De Rigo Vision S.p.A, Fielmann AG, JINS Inc., Marchon Eyewear Inc., QSpex Technologies, Shamir Optical Industry Ltd., Essilor International SAS, CooperVision, Vision Source, National Vision Holdings Inc., MyEyeDr., Eyeconic .

North America was the largest region in the optical goods stores market in 2023. The regions covered in the optical goods stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the optical goods stores market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The optical goods stores market includes revenues earned by entities by providing eye exams, glasses repair, adjustments, and home delivery services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11200

1. Executive Summary

2. Optical Goods Stores Market Characteristics

3. Optical Goods Stores Market Trends And Strategies

4. Optical Goods Stores Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Optical Goods Stores Market Size and Growth

5.1. Global Optical Goods Stores Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Optical Goods Stores Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Optical Goods Stores Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Optical Goods Stores Market Segmentation

6.1. Global Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Spectacles
Sunglasses
Contact Lenses
6.2. Global Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Men
Women
Unisex
6.3. Global Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
E-Commerce
Brick And Mortar

7. Optical Goods Stores Market Regional And Country Analysis

7.1. Global Optical Goods Stores Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Optical Goods Stores Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Optical Goods Stores Market

8.1. Asia-Pacific Optical Goods Stores Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Optical Goods Stores Market

9.1. China Optical Goods Stores Market Overview
9.2. China Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Optical Goods Stores Market

10.1. India Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Optical Goods Stores Market

11.1. Japan Optical Goods Stores Market Overview
11.2. Japan Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Optical Goods Stores Market

12.1. Australia Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Optical Goods Stores Market

13.1. Indonesia Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Optical Goods Stores Market

14.1. South Korea Optical Goods Stores Market Overview
14.2. South Korea Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Optical Goods Stores Market

15.1. Western Europe Optical Goods Stores Market Overview
15.2. Western Europe Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Optical Goods Stores Market

16.1. UK Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Optical Goods Stores Market

17.1. Germany Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Optical Goods Stores Market

18.1. France Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Optical Goods Stores Market

19.1. Italy Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Optical Goods Stores Market

20.1. Spain Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Optical Goods Stores Market

21.1. Eastern Europe Optical Goods Stores Market Overview
21.2. Eastern Europe Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Optical Goods Stores Market

22.1. Russia Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Optical Goods Stores Market

23.1. North America Optical Goods Stores Market Overview
23.2. North America Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Optical Goods Stores Market

24.1. USA Optical Goods Stores Market Overview
24.2. USA Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Optical Goods Stores Market

25.1. Canada Optical Goods Stores Market Overview
25.2. Canada Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Optical Goods Stores Market

26.1. South America Optical Goods Stores Market Overview
26.2. South America Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Optical Goods Stores Market

27.1. Brazil Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Optical Goods Stores Market

28.1. Middle East Optical Goods Stores Market Overview
28.2. Middle East Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Optical Goods Stores Market

29.1. Africa Optical Goods Stores Market Overview
29.2. Africa Optical Goods Stores Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Optical Goods Stores Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Optical Goods Stores Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Optical Goods Stores Market Competitive Landscape And Company Profiles

30.1. Optical Goods Stores Market Competitive Landscape
30.2. Optical Goods Stores Market Company Profiles
- 30.2.1. Luxottica Group S.p.A.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Johnson & Johnson Vision
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Safilo Group S.p.A.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Alcon
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Oakley Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Optical Goods Stores Market Competitive Benchmarking

32. Global Optical Goods Stores Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Optical Goods Stores Market

34. Optical Goods Stores Market Future Outlook and Potential Analysis

34.1 Optical Goods Stores Market In 2028 - Countries Offering Most New Opportunities
34.2 Optical Goods Stores Market In 2028 - Segments Offering Most New Opportunities
34.3 Optical Goods Stores Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer