Market Study – Eyewear Market is Forecasted to Grow at a CAGR of 7.18% by 2020: Radiant Insights

“Radiant Insights” has include “Eyewear Market Report 2020” Size, Share, Growth Prospects to their Database.

About the Eyewear Market
The global eyewear market is driven by the high prevalence of eyesight disorders and increase in demand for discretionary eyewear. Approximately 75% of the population in APAC and 35% in Europe have some form of myopia or hyperopia. Changing dietary habits and increased amounts of time spent playing video games, watching television, and in front of computers at work can affect eyesight. In developed markets such as the US, Germany, the UK, France, Italy, Spain, and Japan, the consumption of discretionary items is increasing because of the availability of a wide variety of styles, colors, and features in products, and the influence of celebrity styles.

Based on the product offerings of the major global eyewear retail players, the products in the market can be categorized into three: eyeglasses, sunglasses, and contact lenses. Eyeglasses can be categorized into the following sub-segments: frames and lenses.   
Technavio’s analysts forecast the global eyewear market to grow at a CAGR of 7.18% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global eyewear market for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of the following eyewear products:
-Contact lenses
The market is divided into the following segments based on geography:
-North America
Technavio’s report, Global Eyewear Market 2016-2020, 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.
Key vendors
-Johnson & Johnson Vision Care

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Table of Contents:

PART 01: Executive summary
PART 02: Scope of the report
-Market overview
-Top-vendor offerings
PART 03: Market research methodology
-Research methodology
-Economic indicators
PART 04: Introduction
-Key market highlights
PART 05: Market landscape
-Market overview
-Five forces analysis
PART 06: Market segmentation by product type
-Segmentation of global eyewear market by product type
-Global eyeglasses market
-Global sunglasses market
-Global contact lenses market
PART 07: Market segmentation by demography
-Segmentation of global eyewear market by demography
PART 08: Geographical segmentation
-Segmentation of global eyewear market by geography
PART 09: Key leading countries
PART 10: Market drivers
-High prevalence of eyesight disorders
-Increase in disposable income among emerging middle class
-Product innovations through technological advances
-Rise in demand for discretionary eyewear
-Rise in aging population
-Rise in demand from emerging markets

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