The North America eyewear market reached a value of US$ 41.4 Billion in 2018. 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. Looking forward, the analyst expects the market to reach a value of US$ 47.7 Billion by 2024, registering a CAGR of 2.4% during 2019-2024.
Report Scope: North America Eyewear Market
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: How has the North America eyewear market performed so far and how will it perform in the coming years? What are the key regions in the North America eyewear market? What is the breakup of the North America eyewear market on the basis of product? What is the breakup of the North America eyewear market on the basis of gender? What is the breakup of the North America eyewear market on the basis of distribution channel? What are the various stages in the value chain of the North America eyewear industry? What are the key driving factors and challenges in the North America eyewear industry? What is the structure of the North America eyewear industry and who are the key players? What is the degree of competition in the North America eyewear industry? What are the profit margins in the North America eyewear industry?
Report Coverage: Base Year Considered: 2018 Historical Data Coverage: 2013-2018 Market Forecast: 2019-2024 Currency: US$ Geography Covered: North America, United States and Canada Segments Covered: Product, Gender and Distribution Channel.
Report Customization: Although the analyst has tried to cover everything in the North America eyewear market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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