The Luxury Eyewear Industry sales study offers a comprehensive analysis on diverse features including production capacities, Luxury Eyewear demand, product developments, sales revenue generation and Luxury Eyewear market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Luxury Eyewear market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
The global luxury eyewear market is valued at US$ 40 billion in 2023 and is expected to reach US$ 56 billion by 2033-end. Global demand for luxury eyewear is predicted to increase at a CAGR of 3.4% from 2023 to 2033.
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The readability score of the Luxury Eyewear market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Luxury Eyewear market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Luxury Eyewear along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Luxury Eyewear market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
The industry is shifting focus from the generation of generic eyewear to focusing on the individual customer solution. Companies are offering customization with technological solutions such as conveyors to meet the needs of the optical market.
Country-wise Insights
Why are Luxury Eyewear Manufacturers Eyeing the United States?
“Presence of Several Prominent Fashion Brands in the Country”
Market growth in the United States is attributed to brand recognition, the rising standard of eyewear products, and the presence of several prominent fashion brands. A rise in the local supply of UV-protected eyewear and a growing trend of wearing chic frames are supporting market expansion.
Key Companies Profiled
- Luxottica Group
- Safilo Group
- Blenders Eyewear LLC
- Kering
- GrandVision NV
- Fielmann AG
- Marchon Eyewear, Inc.
- Marcolin S.p.A
- QSpex
- Rodenstock GmbH
- Warby Parker
Competitive Landscape
Top luxury eyewear providers are focusing on quality control, strategic mergers & acquisitions, product standards, and supply chain management to improve market share and expand their customer base. Key companies in the global luxury eyewear market are focusing on offering innovative eyewear designs following safety regulations, are a versatile mix of comfort and affordability, and can be showcased as fashionable accouterments.
Established players are concentrating on pricing trends and new developments and collaborating with suppliers and distributors around the world, thus making their presence felt across the eyewear supply chain.
For instance,
- In 2019, Luxottica Group, acquired Barberini S.p.A., the world’s leading optical glass sun lens manufacturer. The acquisition enables the Group to improve its ‘made in Italy’ production and its know-how in glass sun and prescription lenses.
- In, 2019, Safilo Group, reported that it has purchased a70% stake in the California Company, Blenders Eyewear LLC. With Blenders, the company plans to support and accelerate its focus on e-Commerce and omnichannel retailing.
Key Segments of Luxury Eyewear Industry Research
- By Product Type :
- Eyeglasses
- Sunglasses
- By Glass Type :
- Standard
- UV Protected
- By Demographic :
- Men
- Women
- Kids
- By Price Range :
- US$ 100 to 300
- US$ 300 to 500
- US$ 500 to 700
- US$ 700 to 900
- > US$ 900
- By Distribution Channel :
- e-Commerce
- Company Outlets/Franchises
- Multi-brand Stores
- Hospitals & Clinics
- Others
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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