North America Eyewear Market Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028
The eyewear market in North America has been steadily growing in recent years and is projected to continue doing so in the coming years. This growth is driven by various factors, including an aging population, an increasing awareness of eye health, and the rise of fashion as a key consideration when choosing eyewear.
In terms of product types, the North
American eyewear market can be segmented into three main categories:
prescription eyewear, non-prescription eyewear, and sunglasses. Of these,
prescription eyewear is the largest segment and is expected to continue to
dominate the market. This is due to the increasing prevalence of eye-related
issues such as myopia, presbyopia, and astigmatism, which require corrective
lenses.
The non-prescription eyewear
segment includes reading glasses, computer glasses, and fashion eyewear. This
segment has also seen significant growth in recent years due to the increasing
use of digital devices, which has led to an increase in eye strain and fatigue.
Fashion eyewear has also become increasingly popular as consumers look for
eyewear that is both functional and stylish.
Sunglasses, while a smaller
segment, are also an important part of the North
American eyewear market. The demand for sunglasses is driven by their
ability to protect the eyes from harmful UV rays, as well as their fashion
appeal. In recent years, there has been an increased focus on the health
benefits of sunglasses, which has further driven demand for this segment.
In terms of distribution
channels, the North American eyewear market is dominated by optical retailers,
which include both independent retailers and large chains such as LensCrafters,
Pearle Vision, and America's Best Contacts & Eyeglasses. These retailers
offer a wide range of eyewear products and services, including eye exams,
prescription lenses, and frame adjustments.
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