DUBLIN, September 15, 2017 /PRNewswire/ --
The "Global Eyewear Market 2017-2021" report has been added to Research and Markets' offering.
The global eyewear market to grow at a CAGR of 7.49% during the period 2017-2021.
Global Eyewear Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Utility of eyewear as fashion product. Eyewear manufacturers and designers are increasingly focusing on the development of eyeglasses and sunglasses in new styles, shape, sizes, colors, and structural orientation. With the continuous improvisation of product development and product innovation, consumers have options to choose products depending on the occasion, such as office wear, casual wear, party wear, and beachwear. Prescription sunglasses have gained immense popularity over a period, with many consumers maintaining two pairs of glasses for daily use, one pair of regular prescription eyeglasses, and another as prescription sunglasses.
According to the report, one of the major drivers for this market is Product innovation and differentiation through functional and technological advances. Functional and technological advances by the leading marketers have increased the growth of the market in terms of value. Product innovation, the result of continuous R&D in the industry, helps companies to expand their product portfolio. To introduce multiple categories in terms of functionality and style of eyewear that suit specific functions and requirements, vendors are investing heavily in research projects. At present, lenses are being developed with improved optical designs, materials, and enhanced coatings to offer better comfort.
Further, the report states that one of the major factors hindering the growth of this market is The presence of counterfeit products. The counterfeiting of eyewear and contact lens solutions is a global challenge, with the eyewear market being equally affected. Sunglasses and contact lenses are products, which are mostly affected by fake products. China is the largest economy that produces counterfeit eyewear. Counterfeiting of design, style, and brands of eyewear is expected to experience a surge in the market in the coming decade.
- Johnson & Johnson Vision Care
- Safilo Group
Other prominent vendors
- Alexander McQueen Trading Limited
- Charmant Group
- CIBA VISION
- De Rigo Vision
- Marchon Eyewear
- Maui Jim
- Specsavers Optical
- TAG Heuer
- Reliance Vision Express
- Walmart Stores
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product
Part 07: Geographical Segmentation
Part 08: Key Leading Countries
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/frrd52/global_eyewear
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets