Eyewear Market Innovates with Lightweight Frame Materials

The global eyewear market size was valued at USD 200.46 billion in 2024 and is projected to reach USD 335.90 billion by 2030, expanding at a CAGR of 8.6% from 2025 to 2030. Growth is primarily influenced by the increasing prevalence of vision-related issues resulting from rising screen exposure and aging populations, which continue to fuel demand for prescription eyewear.

Key Market Trends & Insights

• Europe dominated the global market, accounting for 36% of total revenue in 2024.
• The UK held a strong share in 2024, supported by an aging demographic and increased adoption of corrective eyewear.
• By product type, prescription glasses led the market with a revenue share of over 69% in 2024.
• By distribution channel, brick & mortar stores captured the largest share in 2024, driven by the need for personalized fittings and expert consultations.
• By price range, the USD 0–150 segment held the highest share in 2024, supported by soaring demand for affordable yet stylish sunglasses.

Market Size & Forecast

• 2024 Market Size: USD 200.46 Billion
• 2030 Projected Market Size: USD 335.90 Billion
• CAGR (2025–2030): 8.6%
• Europe: Largest regional market in 2024
• Asia Pacific: Fastest-growing regional market

Growing interest in fashion, personal style, and branded accessories continues to support demand for designer and customized eyewear. Technological advancements, such as blue light filtering lenses and smart glasses, are reshaping consumer preferences and expanding the product landscape.

The rise of e-commerce platforms, supported by virtual try-on technology, has significantly transformed the buying journey. With digital lifestyles becoming more entrenched, blue light filtering eyewear has gained immense popularity as consumers seek protection from digital eye strain. Educational institutions and corporates are increasingly prioritizing screen wellness, which further boosts adoption.

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Key Eyewear Company Insights

• Bausch + Lomb continues to strengthen its leadership in global eye care through an extensive product portfolio that includes contact lenses, eye drops, and ophthalmic pharmaceuticals. The company’s focus on specialty lenses for presbyopia, astigmatism, and cataracts aligns with rising global demand for personalized vision correction. Its active involvement in contract manufacturing further positions it as a strategic partner within the healthcare ecosystem.
• Johnson & Johnson Vision Care remains a frontrunner in the disposable contact lens category. Its patented Stabilized Soft Molding (SSM) technology and strong presence under the Acuvue brand enable the company to meet growing needs related to astigmatism and presbyopia. With rising digital eye strain and an aging global population, the company is well equipped to serve emerging vision care requirements.
• Warby Parker is reshaping retail dynamics through a hybrid online–offline business model. Its virtual try-on tools, home trial kits, and competitive pricing strengthen its appeal among younger consumers seeking style and convenience. Expansion of its physical stores enhances its omnichannel presence and brand recognition.
• Shamir is a leader in advanced progressive lens technology, supported by innovations like EyePoint III, IntelliCorridor, and Natural Posture. Following its integration into EssilorLuxottica in 2022, the company has enhanced its R&D capabilities and global reach, positioning it to meet rising demand for precision multifocal solutions.

Leading Eyewear Companies

• Bausch + Lomb Corporation
• Zeiss Group
• CHARMANT INC.
• CHEMIGLAS CORPORATION
• CooperVision Limited
• De Rigo Vision S.p.A.
• ESSILORLUXOTTICA
• Fielmann AG
• HOYA Corporation
• JINS Inc.
• Johnson & Johnson Vision Care Inc.
• Marchon Eyewear Inc.
• Marcolin S.p.A.
• Prada S.p.A
• Rodenstock GmbH
• Safilo Group S.p.A
• Seiko Optical Products Co. Ltd.
• Shamir Optical Industry Ltd.
• Silhouette International Schmied AG
• Warby Parker
• Zenni Optical Inc.

Conclusion

The global eyewear market continues to evolve from a vision correction–centric industry to a dynamic blend of health, fashion, and technology. Rising digital dependence, aging populations, increased fashion consciousness, and advancements in lens technology are reshaping consumer expectations. With strong growth prospects across emerging and developed regions, companies are increasingly investing in innovation, omnichannel retailing, and premium product development. As digital lifestyles intensify and consumer preferences shift toward personalization and style, the eyewear industry is set to witness sustained expansion through 2030.

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