Asia Pacific Eyewear
Market Size - Industry Trends & Outlook Report 2026
Asia Pacific Eyewear
Market is expected to be USD 114.4 billion by 2026 from USD 63.8 billion in
2019, at a CAGR of 8.7 % from 2020 to 2026. Growth in the Asia Pacific Eyewear
Market is mainly driven by increasing geriatric population & related eye
diseases, the variations offered in the eyewear and technological advancements
in lens materials. In recent times, the rising occurrence of eye fatigue also
leads to the demand for corrective eyewear. The leading brands and other
players introduce innovative eyewear with different shapes, sizes, designs and
colors & materials of frames and lenses from time to time. It is a highly
competitive market allowing more options to buyers and entry of new players.
The players are deploying social media platforms for online marketing and
promotional activities. The influencer marketing strategy plays a critical role
in eyewear brand endorsements.
Asia Pacific Eyewear
Market: Market Outlook and Trends
The prescription glasses
for correct vision dominate the eyewear market. The advancements in lens making
technology have improved the functionality, durability and appeal of the glasses
as well as have enabled mass production of eyewear. The manufacturing of the
eyewear has transformed, resolving every eyesight, style or variation issue of
the customer. Some of the instances of the latest eyewear developments include
premium handcrafted eyewear by Takeuchi Optical blue-light filtering eyewear by
Gunnar Optics, lightweight & thin-rimmed glasses, and lenses with higher
indexes for improved functionality besides state-of-the-art variety in frames
Nowadays, e-commerce sites
play a significant role in enhancing the shopping experience of customers and
drive the market. They help customers in eyewear selection based on facial
analysis and product virtualization. The leading brands deploy new types of
business models allowing customization of frames. Also, they have access to the
data related to customer feedback, past purchase history and preferences.
Contact Lenses segment
accounts for a lesser share (9 to 10%) in the eyewear market, but the advanced
silicone-based contact lenses and their higher functionality encourage a shift
towards the lenses. All these factors, combined with demand from customers,
offers bright prospects for the eyewear market.
Asia Pacific Eyewear
Prevalence of Ophthalmological
Diseases Drives the Eyewear Market
eye-related ailments such as eye fatigue, myopia, conjunctivitis, glaucoma,
etc. trigger the demand for eyewear. According to estimates of WHO, 2019, 2.2
billion people worldwide have vision difficulties, and the problems of at least
half of them yet remain to be addressed. Besides, the rising vision-health
awareness and a substantial ageing population with vision in the countries such
as Japan, China, India and others are expected to encourage the growth of
Asia-Pacific Eyewear Market. As per the hidden opportunities in the market, the
eyewear manufacturer offer lines of eyewear. For instance, as mentioned above,
Gunnar Optics introduced a new collection of blue light reading glasses for digital device users.
Trends Enhance Demand for Sophisticated Eyewear
Due to the influence of
contemporary fashion trend, the sunglasses market is likely to grow more
rapidly in comparison to prescription glasses. The market players concentrate
on product innovation and an extravagant launch of new designs to match up to
their fashion sense and style. Besides, customers of all age use them to make a
style statement adding more opportunities to the market.
Changing Lifestyle and
Urbanization Leads to the Shopping of Trendy Accessories
The rising disposable
income, urbanization, a large proportion of the young population and improved
living standard trigger the demand for luxury eyewear. More and more brands
target these segments to penetrate in the developing economies such as China, India
and other Asia-Pacific countries. Their eyewear products are readily available
to the urban customer through their online sales channel and third e-commerce
parties while they serve local customers through their physical stores.
However, online demand from interiors of the nations is also growing due to the
widening penetration of the internet.
A shift towards Laser
As per the study
published in the Journal of Cataract and Refractive Surgery, 96% of patients
are satisfied with the LASIK treatment as it offers a better vision. Besides,
the constant use of eyewear adds to unease during active sports, and it also
needs maintenance. More and more people are adopting one-time safe laser
surgeries due to technological advancements in place of eyewear. Therefore,
shift towards Laser surgeries may act as an impediment for this market.
The growth of this market
is impeded by the lack of progressive, reasonable and effective eyecare
solutions, particularly in marginalized economies.
Impact of COVID-19 in
The spread of pandemic
has resulted in the overall slowdown of economic activities, including regular
medical practices. The medical practitioners in different domains follow strict
guidelines to curb further spread of the coronavirus. In initial times of
lockdown, some of the ophthalmologists followed the recommendation to postpone
routine eye care checkups. It has resulted in a temporary halt on demand of
eyewear. But gradually, they are opening facilities to provide non-emergent and
non-COVID-19 healthcare. Consequently, the concerned medical bodies in the
respective nations are issuing guidelines about elective surgeries and routine
care as well as sanitization methods.
All freight modes, including
air, ocean ports and land transport, are affected by pandemic and delays in
shipping and production of eyewear may continue for some time depending on the
particular supplier and the transport restrictions. However, the COVID-19 led
lockdown has resulted in extended screen time among the population, leading to
more cases of eye fatigue and thus, more opportunities for the eyewear market.
Asia Pacific Eyewear
market is segmented by Product Type into Prescription Glasses, Sunglasses and
Contact Lenses and Others; by End-User into Men, Women, Unisex and Kids; by
Distribution Channel into Online Stores and Retail Stores.
Rising cases of acute
myopia among young generation & females and growing awareness about vision
healthcare are expected to drive the prescription glasses market during the
forecast period. Also, the rising occurrence of eye fatigue among digital
devices users is likely to encourage demand for blue-light filtering
Based on End-user, the unisex
glasses segment dominates the market followed by the women segment. As per the
recent trend, retail stores’ sales are increasingly being replaced by Online
Sales due to higher discounts and more options.
Asia Pacific Eyewear
Market: Regional Insights
Asia Pacific region
consists of major countries like China, India, Japan, South Korea, Australia
and Rest of Asia Pacific. As per the estimates, China is likely to dominate the
market with largest market share during the projection period due to the increasing
demand for corrective eyewear from the sizeable elderly population. Astounding
80% Chinese college-going students and 17% of Indian youngsters have been
diagnosed as myopic, according to a study conducted in Feb. 2019. The other
factors triggering the growth of this market are flourishing population and
rising disposable income.
China is the leading
manufacturer of the eyewear in the Asia-Pacific region, and its manufacturers
are mainly concentrated in Wenzhou and Dongguan with QC eyewear companies. More
than 60% of frames, sunglasses, presbyopic glasses and over 40% of optical lenses
in the world are supplied from China. The leading players in Asia-Pacific
Eyewear Market are Prada S.P.A.(Hong Kong), Essilor International S.A.(Singapore),
Grand Vision (China), Titan Eyeplus (India), Luxottica Group S.P.A (China),
Fielmann AG, Carl Zeiss AG (China), and Johnson & Johnson, Inc.(China and
Singapore), Safilo Group S.P.A (China) and others.
June 02, 2020: The major eyewear
companies such as Titan, Essilor and Luxottica notice the surge in sales of
filtered and clear glasses, due to significant increase in screen time in the
lives of people during the lockdown.
Dec. 5, 2019: Gentle Monster Eyewear
brand headquartered in Korea opens its 10th flagship store in the Chinese
Market. It has partnered with Chinese tech company Huawei to roll out smart
glasses and planned to establish six more flagship stores in China in
Scope of the Report:
Historical data – 2016-2019
Base Year – 2019
Forecast – 2020 – 2026
Revenue in USD Billion
China, Japan, India, South Korea and Rest of Asia Pacific
By Type, End-User and Distribution Channel.
Prada S.P.A.(Hong Kong), Essilor International S.A.(Singapore), Grand Vision (China), Titan Eyeplus (India), Luxottica Group S.P.A (China), Fielmann AG, Carl Zeiss AG (China), and Johnson & Johnson, Inc.(China and Singapore), Safilo Group S.P.A (China)
By Distribution Channels
The objective of the
To analyze and estimate the Asia-Pacific Eyewear Market size, in
terms of value.
To examine the market segmentation carefully and estimate the
market size, in terms of value, based on the region by segmenting the Asia-Pacific
Eyewear Market into countries such as China, Japan, India, South Korea and Rest
of Asia Pacific.
To outline, categorize and project the Asia-Pacific Eyewear Market
based on the Type, End-User and Distribution Channel.
To examine competitive developments in type of eyewear, end-user
segments and distribution channels within the Asia-Pacific Eyewear Market
To highlight market dynamics such as drivers, restraints,
opportunities, and challenges and their impact.
To provide a detailed competitive landscape, including major
players, their strategic profiles, and market shares.
Answered by the Report
How will the market drivers, restraints, and opportunities
affect the market dynamics?
What will be the market size in terms of value and volume and
market statistics with a detailed classification?
Which segment dominates the market or region, and which one will
be the fastest-growing, and why?
Who are the key players in the market, and what is their share?
What is the strategy adopted by key players, and how does it
affect the existing and new players?
Customization Scope for
Client satisfaction is
our first and last priority, and that is why BlueWeave Consulting offers
customization as per client’s specific needs. The following customization
options are available for the report:
Additional Company Information
Detail Analysis of five additional companies
Additional country analysis
Detailed segment analysis
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