How Big Is the Eyeglass Market | Growth Analysis, Segmentation & Trends 2031

Q: What is the overall size of the eyeglass market?

The eyeglass market was valued at approximately USD 103.5 billion in 2024 and is projected to reach USD 149.7 billion by 2031

Q: What is the compound annual growth rate (CAGR) of the eyeglass market?

The eyeglass market is expected to grow at a CAGR of 5.4% from 2025 to 2031.

Q: Which segments are driving demand in the eyeglass market?

Prescription lenses, blue-light blocking glasses, and fashion eyewear are key demand drivers.

Q: What innovations are influencing the eyeglass market?

Smart eyewear, AR integration, eco-friendly frames, and virtual fitting solutions are key innovations.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA5958

Publication Date: Jul 2025

How big is the eyeglass market?

According to 6Wresearch internal database and industry insights, the eyeglass market was valued at approximately USD 103.5 billion in 2024 and is projected to reach USD 149.7 billion by 2031, growing at a CAGR of 5.4% during the forecast period.

The market is expanding due to the worldwide rise in vision impairments, increasing digital screen usage, aging populations, and the popularity of fashion-driven eyewear. Technological enhancements in lenses and frames, along with expanding online retail channels, are significantly contributing to market growth.

Key Growth Factors of the Eyeglass Market

Rising worldwide prevalence of myopia and hyperopia
Increasing screen time driving earlier vision correction needs
Aging populations across developed and emerging economies
Growing demand for prescription and blue light filtering glasses
Expanding e-commerce channels and virtual try-on technologies
Strong brand influence and fashion-forward product offerings

Eyeglass Market Trends

The eyeglass market is evolving with smart lenses and augmented reality-enabled eyewear entering the mainstream. Online platforms are transforming the retail experience with AI-based prescription tools and virtual fitting. Consumers are increasingly favoring eco-friendly and customizable frame options, pushing brands to innovate with sustainable materials and inclusive designs.

Emerging Developments in the Eyeglass Market

Emerging developments in the eyeglass market include the integration of health-monitoring sensors into smart glasses, rapid expansion of direct-to-consumer eyewear brands, and AI-powered lens crafting. Major players are investing in lightweight materials and personalized prescription lenses. Blockchain-based authentication for luxury eyewear and recycled plastic frames are also gaining traction.