The North America eyewear market size reached US$ 44.7 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 71.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2023-2032.
Eyewear comprises accessories which are worn on or over the eyes for various reasons, such as protection against the environment, as an adornment or to improve visual acuity. The lenses of eyewear can be made from different materials, such as optical fiber and glass. On the other hand, frames are generally available in metal and plastic. At present, an increase in the usage of electronic gadgets has led to the prevalence of eyesight related problems, which is boosting the overall sales of eyewear products.
North America eyewear market is currently being driven by several factors. The high per capita incomes, coupled with the altering fashion trends and preferences for luxury products, have propelled the eyewear market growth in the region. On account of this, manufacturers are introducing a diverse range of frames, keeping in mind the different requirements and preferences of the consumers. Additionally, the changing lifestyles of consumers and technological advancements in the industry have resulted in the launch of innovative products, such as smart glasses with liquid lenses, removable temples, laser glasses, and pediatric glasses. Apart from this, a surge in the number of optical deficiencies in the geriatric population has increased the demand for eyewear products in the region.
2. What is the expected growth rate of the North America eyewear market during 2024-2032?
3. What are the key factors driving the North America eyewear market?
4. What has been the impact of COVID-19 on the North America eyewear market?
5. What is the breakup of the North America eyewear market based on the product?
6. What is the breakup of the North America eyewear market based on the gender?
7. What is the breakup of the North America eyewear market based on the distribution channel?
8. What are the key regions in the North America eyewear market?
Eyewear comprises accessories which are worn on or over the eyes for various reasons, such as protection against the environment, as an adornment or to improve visual acuity. The lenses of eyewear can be made from different materials, such as optical fiber and glass. On the other hand, frames are generally available in metal and plastic. At present, an increase in the usage of electronic gadgets has led to the prevalence of eyesight related problems, which is boosting the overall sales of eyewear products.
North America eyewear market is currently being driven by several factors. The high per capita incomes, coupled with the altering fashion trends and preferences for luxury products, have propelled the eyewear market growth in the region. On account of this, manufacturers are introducing a diverse range of frames, keeping in mind the different requirements and preferences of the consumers. Additionally, the changing lifestyles of consumers and technological advancements in the industry have resulted in the launch of innovative products, such as smart glasses with liquid lenses, removable temples, laser glasses, and pediatric glasses. Apart from this, a surge in the number of optical deficiencies in the geriatric population has increased the demand for eyewear products in the region.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the North America eyewear market report, along with forecasts at the regional and country level from 2024-2032. The report has categorized the market based on product, gender and distribution channel.- Key Regions Analysed
- United States
- Canada
- Analysis for Each Country
Market by Product
- Spectacles
- Sunglasses
- Contact lenses
Market by Gender
- Men
- Women
- Unisex
Market by Distribution Channel
- Optical Stores
- Independent Brand Showrooms
- Online Stores
Retail Stores
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report
1. What was the size of the North America eyewear market in 2023?2. What is the expected growth rate of the North America eyewear market during 2024-2032?
3. What are the key factors driving the North America eyewear market?
4. What has been the impact of COVID-19 on the North America eyewear market?
5. What is the breakup of the North America eyewear market based on the product?
6. What is the breakup of the North America eyewear market based on the gender?
7. What is the breakup of the North America eyewear market based on the distribution channel?
8. What are the key regions in the North America eyewear market?
Table of Contents
1 Preface3 Executive Summary14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Eyewear Market
6 North America Eyewear Market
7 North America Eyewear Market: Breakup by Product
8 North America Eyewear Market: Breakup by Gender
9 North America Eyewear Market: Breakup by Distribution Channel
10 North America Eyewear Market: Breakup by Country
11 SWOT Analysis
12 Value Chain Analysis
13 Porter’s Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 123 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 44.7 Billion |
| Forecasted Market Value ( USD | $ 71.2 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | North America |
