Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (US, Canada) and competitive landscape
Product Code: ETC003377 | Publication Date: Sep 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 30 | No. of Tables: 5 |
The Eyewear Market In North America is driven by factors such as the growing population, the rising incidence of eye disorders, and the increasing awareness about eye health. In addition, the growing number of online retailers and the availability of a wide range of eyewear products are also fuelling the growth of this market. Additionally, The US is the largest market for eyewear in North America, followed by Canada.
According to 6Wresearch, the North America Eyewear Market size is likely to witness growth during 2022-28. The growth of North America eyewear industry is supported by certain key factors such as aging population and rising awareness regarding eye health. The population is aging and people are living longer. This means that there is a larger pool of potential customers for eyewear products. Additionally, the prevalence of vision problems is increasing. This is due to factors such as increased screen time and increased exposure to blue light. Further, there is an increasing awareness of the importance of eye health. This is leading more people to get their eyes checked regularly and to buy vision correction products such as glasses and contact lenses. Moreover, the North America eyewear market offers huge opportunities for businesses. There is a growing demand for products and the market is expected to continue to grow in the future.
Report Name | North America Eyewear Market |
Base Year | 2021 |
Historical Period | 2018-2028 |
Forecast Period | 2022-2028 |
Market Size Value | XXXX |
Revenue Forecast | XXXX |
Growth Rate | XXXX |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Product Type, By Countries, By End-users |
Countries Covered | US, Canada |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
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In terms of product type, the market is further classified into prescription eyewear, sunglasses, and contact lenses. Among these, prescription eyewear is the largest segment, accounting for majority of the market share in the overall market. Further, the sunglasses segment is expected to witness the fastest growth during the forecast period owing to factors such as the increasing popularity of outdoor activities and the need for protection from harmful UV rays.
By distribution channel, the North America eyewear market is divided into offline and online channels. Offline channels include opticians/optical stores, department stores, and drugstores/pharmacies. Online channels include e-commerce websites and company-owned.
The United States is the largest eyewear market in North America. The country is home to some of the world's leading eyewear brands, such as Warby Parker and Luxottica. The US eyewear market is expected to grow substantially during the forecast period. Additionally, Canada is the second-largest eyewear market in North America. The country has a well-developed retail sector and a strong demand for premium and luxury eyewear products. Further, Mexico is the third-largest eyewear market in North America. The country has a growing middle class and a strong demand for affordable eyewear products.
The Covid-19 pandemic resulted in a decline in the overall revenues of the industry. Also, after the first and the second wave of the pandemic, the recovery of the North America eyewear market witnessed slowdown. The overall production process was halted. However, the market growth has recovered post pandemic.
Major key players operating in the North America eyewear market are:
The report offers a broad study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. North America Eyewear Market Overview |
3.1. North America Eyewear Market Revenues, 2018-2028F |
3.2. North America Eyewear Market Revenue Share, By End-Users, 2021 & 2028F |
3.3. North America Eyewear Market Revenue Share, By-Products, 2021 & 2028F |
3.4. North America Eyewear Market Revenue Share, By Distribution Channels, 2021 & 2028F |
3.5. North America Eyewear Market Revenue Share, By Countries, 2021 & 2028F |
3.6. North America Eyewear Market Industry Life Cycle |
3.7. North America Eyewear Market- Porter’s Five Forces |
4. North America Eyewear Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. North America Eyewear Market Trends |
6. North America Eyewear Market Overview, By End-Users |
6.1. North America Eyewear Market Revenues, By Men, 2018-2028F |
6.2. North America Eyewear Market Revenues, By Women, 2018-2028F |
6.3. North America Eyewear Market Revenues, By Unisex, 2018-2028F |
7. North America Eyewear Market Overview, By-Products |
7.1. North America Eyewear Market Revenues, By Sunglasses, 2018-2028F |
7.2. North America Eyewear Market Revenues, By Spectacles, 2018-2028F |
7.3. North America Eyewear Market Revenues, By Contact Lenses, 2018-2028F |
7.4. North America Eyewear Market Revenues, By Others, 2018-2028F |
8. North America Eyewear Market Overview, By Distribution Channels |
8.1. North America Eyewear Market Revenues, By Online, 2018-2028F |
8.2. North America Eyewear Market Revenues, By Offline, 2018-2028F |
9. US Eyewear Market Overview |
9.1 US Eyewear Market Revenue and Volume, 2018-2028F |
9.2 US Eyewear Market Revenue Share, By-Products, 2021 & 2028F |
9.3 US Eyewear Market Revenue Share, By End-Users, 2021 & 2028F |
9.4 US Eyewear Market Revenue Share, By Distribution Channel, 2021 & 2028F |
10. Canada Eyewear Market Overview |
10.1 Canada Eyewear Market Revenue and Volume, 2018-2028F |
10.2 Canada Eyewear Market Revenue Share, By-Products, 2021 & 2028F |
10.3 Canada Eyewear Market Revenue Share, By End-users, 2021 & 2028F |
10.4 Canada Eyewear Market Revenue Share, By Distribution Channel, 2021 & 2028F |
11. North America Eyewear Market Key Performance Indicators |
12. North America Eyewear Market Competitive Landscape |
12.1 North America Eyewear Market By Companies, 2021 |
12.2 US Eyewear Market By Companies, 2021 |
12.3 Canada Eyewear Market By Companies, 2021 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |
Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (US, Canada) and competitive landscape
Product Code: ETC003377 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North American Eyewear Market is anticipated to garner potential revenues during the forecast period 2020-26F owing to rising consumer consciousness regarding the image and style of eyewear products is expected to proliferate the growth of the North America eyewear market in the upcoming six years. An increase in the premium optimization of eyewear products coupled with the introduction of classic and lucrative designs of eyewear products is anticipated to drive demand for the latest designs of eyewear in the near future across the North America region.
According to 6Wresearch, North America Eyewear Market size is anticipated to register potential growth during 2020-26. However, the spread of COVID-19 is expected to contribute towards the decline of the North America eyewear market on the back of disturbances in the supply chain and discontinuation of production. Moreover, consequent disruptions in the operations in the lockdown period in the country are likely to dip the sales revenue for many of the top eyewear brands in the near term and significantly contribute towards the slow growth of North America eyewear market in the coming years. However, with rising needs for eye protection backed by the spread of airborne COVID virus, the demand for sunglasses is anticipated to increase but would not contribute much towards the growth of the North America eyewear market.
On the basis of distribution channels, online distribution channels are expected to garner the highest revenues in the overall North America eyewear market backed by the rising access to e-commerce sites along with attractive discount offers provided by many top eyewear brands over their official e-shopping portal. Also, a spur in the home services such as home eye testing, free trial of products, and delivery of the finished product at home is instigating many consumers to shift towards online shopping methods and would assist the North America eyewear market witness potential growth in the coming years.
The North America Eyewear market report thoroughly covers the market by product types, distribution channels, and key countries including Canada and the US. The North America Eyewear market outlook report provides an unbiased and detailed analysis of the on-going North America Eyewear market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The rising efforts of the government across the region towards providing affordable eye care facilities to the people by way of camps especially in the rural areas are helping the potential sales of eyewear products and are anticipated to proliferate sound growth of the North America eyewear market in the upcoming six years. Moreover, consequent disruptions in the operations in the lockdown period in the country are likely to dip the sales revenue for many of the top eyewear brands in the near term and significantly contribute towards the slow growth of the North America eyewear market in the coming years. However, with an increase in digitalization backed by the spread of the COVID-19 virus and the world going online for many of their tasks, the use of electronic devices is expected to increase and would raise significant demand for anti-reflection eyewear products to ensure increased use of electronic devices safely. United States eyewear market is further, expected to win the bid against being the top eyewear market across the region.
On the back of an increase in the premium optimization of eyewear products coupled with the introduction of classic and lucrative designs of eyewear products which are anticipated to drive demand for quality versions of eyewear especially from the high-income households, female population, and even the kids, is expected to be a growth proliferator for the North America eyewear market in the coming time zone. The rising number of vision disparities is leading to an increased demand for eyewear products across the country’s landscapes of the North America region and would benefit the North America eyewear market register a promising growth in the coming years.
Key Highlights of the Report:
Markets Covered
The North America Eyewear Market report provides a detailed analysis of the following market segments: