Eyes Wide Open: Navigating Challenges and Capitalizing on Opportunities
Eyewear Industry Data Book | Forecast 2030 The global traditional eyewear, contact lenses, and smart glasses markets cumulatively accounted for USD 171.1 billion in revenue in 2022, which is expected to reach USD 332.0 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.7% over the forecast period. The eyewear industry has witnessed significant growth over the years, driven by several key factors. For instance, the increasing prevalence of vision-related issues such as astigmatism, myopia, hyperopia, and presbyopia have significantly contributed to the expansion of the eyewear market. As more individuals require corrective lenses or vision aids, the demand for prescription glasses, contact lenses, and specialized eyewear has surged. Access the Global Eyewear Industry Data Book, 2023 to 2030 , compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, a...