Eyewear Market Growth Driven by Advancements in Materials and Technologies
Eyewear Market The eyewear market encompasses a wide range of products intended for vision correction or eyewear style including prescription eyewear, sunglasses, sports eyewear and safety eyewear. Advances in optometry and lens design have enabled the production of progressive and lined multifocal lenses for precise vision correction. Meanwhile, innovations in materials have made lenses lighter, thinner and more durable. Frames are now commonly manufactured using lightweight yet sturdy materials like titanium and nylon. The combination of novel technologies and premium materials allows for high quality vision correction along with stylish design. The global eyewear market is estimated to be valued at US$ 163.01 billion in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period from 2024 to 2031. Key Takeaways Key players operating in the eyewear market include Worksite Lighting LLC, DCD Technologies ME FZCO, Azz Inc., Nemalux Inc., IKIO LED Lighting, Luceco Midd