Eyewear – United States | Market Share, Size, Growth and Forecast 2022-2027
The latest research study “US Eyewear Market Size, Share, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that The United States eyewear market is expected to exhibit a CAGR of 5.94% during 2022-2027.
We are regularly tracking the impact of COVID-19 on the US Eyewear Industry, along with the indirect influence of associated industries. These observations will be integrated into the report.
Eyewear represents the corrective and protective products and accessories worn to protect the eyes from ultraviolet (UV) rays, dust, debris, radiation, etc. It usually includes spectacles, sunglasses, contact lenses, etc. In addition to this, eyewear involves the use of a wide array of lenses and frames that are manufactured by using glass, plastic, carbon fiber, etc., to provide visual protection to individuals. It assists in reducing eye strain while minimizing the chances of developing eyesight-related problems. As such, eyewear is commonly available in independent brand showrooms, optical stores, retail stores, etc., across the United States.
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Market Industry and Drivers:
The rising prevalence of age-related macular degeneration and ocular diseases is primarily driving the United States eyewear market. Besides this, the growing cases of partial or severe vision impairment among the geriatric population are further catalyzing the market growth. Additionally, the inflating disposable income levels of consumers have led to the increasing popularity of high-end eyewear accessories that offer enhanced customizability and can aid in creating trendy looks for the wearers. This, in turn, is stimulating the product demand in the United States.
Moreover, the introduction of advanced glare-free prescription eyewear with improved durability and extensive R&D activities are also acting as significant growth-inducing factors. Apart from this, the development of polarized and omni- focal lenses is anticipated to fuel the United States eyewear market over the forecasted period.
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Market Breakup by Product:
- Contact Lenses
Market Breakup by Gender:
Market Breakup by Distribution Channel:
- Optical Stores
- Independent Brand Showrooms
- Online Stores
- Retail Stores
Market Breakup by Region:
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Source: Digital Journal