PUBLISHER: The Business Research Company | PRODUCT CODE: 1942841
PUBLISHER: The Business Research Company | PRODUCT CODE: 1942841
Eyewear includes devices and accessories worn on the eyes for vision protection or improvement, as well as for fashion or beautification. Common types of eyewear include spectacles, sunglasses, goggles, and contact lenses.
Eyewear encompasses a range of products, primarily contact lenses, spectacles, and sunglasses, catering to various preferences and needs. These products are available in diverse designs and styles, addressing the fashion and vision requirements of men, women, and unisex consumers. Eyewear is distributed through multiple channels, including optical stores, independent brand showrooms, online stores, and retail outlets. This broad distribution allows consumers to access eyewear products through convenient and diverse shopping channels.
Tariffs are impacting the eyewear market by increasing costs of imported lenses, frames, specialty coatings, and electronic components used in smart eyewear. Optical retailers and manufacturers in North America and Europe are most affected due to dependence on imported frames and lenses, while Asia-Pacific faces export pricing pressure. These tariffs are raising retail prices and impacting margin structures. However, they are also encouraging regional manufacturing, localized frame production, and diversification of sourcing strategies.
The eyewear market research report is one of a series of new reports from The Business Research Company that provides eyewear market statistics, including eyewear industry global market size, regional shares, competitors with a eyewear market share, detailed eyewear market segments, market trends and opportunities, and any further data you may need to thrive in the eyewear industry. This eyewear 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 eyewear market size has grown rapidly in recent years. It will grow from $173.89 billion in 2025 to $193.58 billion in 2026 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to increasing prevalence of vision impairment, rising screen exposure across age groups, growth of fashion eyewear consumption, expansion of optical retail networks, availability of affordable eyewear products.
The eyewear market size is expected to see rapid growth in the next few years. It will grow to $291.65 billion in 2030 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to increasing adoption of smart eyewear technologies, rising demand for personalized vision solutions, expansion of sustainable and eco-friendly eyewear offerings, growing penetration of e-commerce eyewear sales, increasing consumer focus on eye health. Major trends in the forecast period include increasing demand for blue light blocking glasses, rising adoption of sustainable eyewear materials, growing popularity of smart and connected eyewear, expansion of online and omnichannel eyewear retail, enhanced focus on fashion-oriented functional eyewear.
The rising incidence of deteriorating eye health is fueling the growth of the eyewear market. Eye deterioration refers to the loss of clear vision or the onset of various eye defects. Common causes of eye deterioration include age-related macular degeneration, cataracts, diabetic retinopathy, glaucoma, and prolonged screen usage. The increasing prevalence of these conditions is expected to significantly boost demand for eyewear, as it aids in correcting vision disorders and restoring clear sight. For example, in May 2024, the Centers for Disease Control and Prevention, a U.S.-based government agency, reported that about 3 in 5 Americans over the age of 40-approximately 90 million individuals-experience vision and eye issues. By 2050, vision-related problems in the U.S. are projected to rise dramatically, with diabetic retinopathy expected to increase by 72%, cataracts by 87%, and both glaucoma and age-related macular degeneration likely to double. Overall, vision impairment and blindness are anticipated to rise by 150%, with the financial burden of vision problems projected to escalate by 157% to reach $373 billion. Therefore, the growing incidence of deteriorating eye health is anticipated to significantly enhance demand for eyewear during the forecast period.
Major players in the eyewear market are actively engaged in the development of innovative technologies, such as Alexa-powered glasses. These glasses seamlessly incorporate Amazon's virtual assistant, Alexa, enabling users to interact with the digital assistant hands-free through integrated voice control. As an example, in September 2023, Amazon.com, Inc., a US-based e-commerce company, introduced 'Echo Frames.' These smart frames are equipped with Alexa, allowing users to stay connected while seamlessly integrating into their lifestyle when not in active use. The smart glasses offer a range of lens options, including UV400-protected sunglass lenses, prescription-ready choices, and blue light lenses. They feature IPX4 water resistance and scratch-resistant properties. With a full battery charge, each pair provides up to six hours of continuous media playback, offering 40% more audio playback and 80% more talk time compared to the previous generation. Packed with convenient features, users can initiate a playlist with a double-press of a button, and the glasses support multipoint pairing.
In April 2025, the Jaipuria Group, an India-based conglomerate operating across diversified consumer and retail businesses, acquired ClearDekho for an undisclosed sum. Through this acquisition, the Jaipuria Group seeks to strengthen its position in the eyewear retail market by capitalizing on ClearDekho's omnichannel reach and its portfolio of affordable optical products designed for underserved consumer segments. ClearDekho is an India-based company offering prescription spectacles, sunglasses, reading glasses, and contact lenses through a combination of online platforms and franchise-operated optical stores.
Major companies operating in the eyewear market are Silhouette International Schmied AG, JAND Inc., LVMH Moet Hennessy Louis Vuitton SE, Essilor International S.A., Carl Zeiss AG, Alcon Vision LLC, Hoya Corporation, Johnson & Johnson Vision Care Inc., Specsavers Optical Group Limited, GrandVision BV, Burberry Group plc, Bausch & Lomb Incorporated, The Cooper Companies Inc., Italia Independent Group S.p.A., Fielmann AG, Safilo Group S.p.A., Kering Eyewear, Marchon Eyewear Inc., Rodenstock GmbH, TAG Heuer SA, De Rigo Vision S.p.A., Marcolin S.p.A., Oakley Inc., Maui Jim Inc., Charmant Group Inc., Seiko Optical Products Co. Ltd., Lafont Paris, Luxottica Group S.p.A., Luxexcel Group BV
North America was the largest region in the eyewear market in 2025. Asia-Pacific is expected to be the fastest-growing region in the eyewear market during the forecast period. The regions covered in the eyewear market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the eyewear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The eyewear market consists of sales of goggles and blindfolds. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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.
Eyewear Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses eyewear 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.
Where is the largest and fastest growing market for eyewear ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The eyewear 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.