India Eyewear Market Size Was Worth USD 6.61 Billion in 2023 and Is Expected To Reach USD 18.48 Billion by 2032, CAGR of 12.1%.

In 2024, within the eyewear market in India, contact lenses recorded the highest sales volume at approximately ************** pieces. In second place, sunglasses followed with around ************** pieces, while spectacle lenses came third with about ************ pieces.

India Luxury Eyewear Market size was valued at around USD 891 million in 2024 and is projected to reach USD 1,721 million by 2030 with 11.72% CAGR.

The revenue in the 'Luxury Eyewear' segment of the luxury goods market in India was modeled to amount to ************** U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Luxury Eyewear.

The eyewear market is set to grow from USD 188.47 billion in 2025 to USD 324.5 billion by 2035 is set to witness 5.58% CAGR during the forecast period.

Metrics	Values
Industry Size (2025E)	USD 188.47 billion
Industry Value (2035F)	USD 324.5 billion
CAGR (2025 to 2035)	5.58%

Per Capita Spending by Top Countries

Countries	Estimated Per Capita Spending (USD)
USA	245.30
China	190.40
India	65.70
Germany	215.60
UK	198.50

Country-wise Outlook

Countries	CAGR (2025 to 2035)
USA	5.6%
UK	5.2%
Germany	5.8%
India	6.7%
China	7%

Competitive Landscape

Company Name	Estimated Share (%)
EssilorLuxottica	15-20%
Johnson & Johnson Vision Care	10-15%
Bausch & Lomb Incorporated	8-12%
Carl Zeiss AG	6-10%
Hoya Corporation	5-8%
Other Companies (combined)	40-50%

The India Eyewear market is expected to grow at around 7.5% CAGR from 2023 to 2028, due to the increasing use of eyewear in medical and surgical procedures.

USD 6715.93 Million in 2024; projected USD 11669.96 Million by 2033; CAGR 6.32%.

The revenue in the eyewear market in India was modeled to stand at *********** U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by *********** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************ U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Eyewear.

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Eyewear Market Size 2025-2029

The eyewear market size is valued to increase USD 125.9 million, at a CAGR of 10.6% from 2024 to 2029. Increasing prevalence of vision disorders will drive the eyewear market.

Major Market Trends & Insights

North America dominated the market and accounted for a 30% growth during the forecast period.
By Product - Eyeglass/spectacles segment was valued at USD 115.60 million in 2023
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 106.20 million
Market Future Opportunities: USD 125.90 million
CAGR from 2024 to 2029 : 10.6%

Market Summary

The market encompasses the production, distribution, and sale of various types of eyewear, including glasses, contact lenses, and sunglasses. This dynamic market is driven by several key factors, including the increasing prevalence of vision disorders and the growing adoption of refractive eye surgery. Furthermore, the market is witnessing a shift towards advanced technologies such as progressive lenses, blue light blocking lenses, and photochromic lenses. Additionally, the adoption of an omnichannel distribution system and digital marketing strategies is transforming the way eyewear is sold and marketed to consumers.
The market size was valued at USD 132.5 billion in 2020 and is expected to grow at a significant CAGR during the forecast period. These trends and patterns continue to shape the evolving landscape of the eyewear industry.

What will be the Size of the Eyewear Market during the forecast period?

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How is the Eyewear Market Segmented ?

The eyewear industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Eyeglass/spectacles
  Sunglass
  Contact lenses


Distribution Channel

  Offline
  Online


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Product Insights

The eyeglass/spectacles segment is estimated to witness significant growth during the forecast period.

The market trends reflect a significant expansion in various sectors, driven by the increasing need for optical clarity and eye protection. Currently, over 25% of the global population wears eyeglasses, with this figure projected to rise by 30% in the near future. Blue light filter lenses have gained popularity due to extended screen usage in both professional and educational settings. Frame materials, such as lightweight metals and flexible plastics, cater to diverse consumer preferences. Lens curvature and lens clarity are crucial factors, with photochromic lenses offering convenience and eye strain reduction. UV protection is a key feature, with over 40% of eyewear sales incorporating this technology.

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The Eyeglass/spectacles segment was valued at USD 115.60 million in 2019 and showed a gradual increase during the forecast period.

Polarized lenses, hinge mechanisms, and safety glasses cater to specific needs, while progressive lenses, temple adjustment, and astigmatism correction address various vision correction requirements. Ophthalmic lenses, scratch resistance, computer glasses, high-index lenses, and lens thickness are essential considerations for both prescription and non-prescription lenses. Lens durability, bifocal lenses, reading glasses, nose pads, and lens coatings are additional features shaping the market. Distance vision correction, anti-reflective coating, sports eyewear, and impact resistance are essential for specific applications. Frame design and eye protection are crucial factors, with trifocal lenses addressing multifocal vision needs. The market continues to evolve, with ongoing research and development focusing on advanced technologies, materials, and design innovations.

This market expansion is influenced by the growing awareness of eye health, the increasing digitization of education and work, and the evolving demographic landscape.

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Regional Analysis

North America is estimated to contribute 30% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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European consumers' increasing investment in high-quality healthcare products, driven by rising household income, fuels the growth of the market. Premium brands dominate this sector, with market players continually launching innovative products to ex

The volume in the eyewear market in India was modeled to amount to ************** pieces in 2024. Between 2018 and 2024, the volume rose by ************ pieces, though the increase followed an uneven trajectory rather than a consistent upward trend. The volume will steadily rise by ************* pieces over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Eyewear.

In the eyewear market in India in 2024, the spectacle lenses segment generated the highest revenue, reaching approximately ************ U.S. dollars. The sunglasses segment ranked second with around ************ U.S. dollars, while eyewear frames followed with about ************ U.S. dollars.

USD 445.75 Million in 2024; projected USD 754.06 Million by 2033; CAGR 6.06%.

Recent research conducted by Future Market Insights indicates that the global kids’ eyewear market is poised to reach a valuation of US$ 37.7 billion by 2024. Projections further suggest a subsequent surge to US$ 77.0 billion by 2034, showcasing a consistent growth trajectory. This anticipated expansion reflects a CAGR of 7.4% during the forecast period.

Attributes	Key Insights
Kids’ Eyewear Market Estimated Size in 2024	US$ 37.7 billion
Projected Market Value in 2034	US$ 77.0 billion
Value-based CAGR from 2024 to 2034	7.4%

Country-wise Insights

Country	The United States
CAGR through 2034	3.7%

Country	Germany
CAGR through 2034	4.1%

Country	China
CAGR through 2034	9.5%

Country	Japan
CAGR through 2034	9.9%

Country	India
CAGR through 2034	10.3%

Category-wise Insights

Category	Shares in 2024
Prescription	63.0%
Plastic	53.0%

The Australian eyewear market is expected to add more than USD 140 Million by 2028, increasing adoption of virtual try-on technology for eyewear.

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Safety Eyewear Market Size 2025-2029

The safety eyewear market size is forecast to increase by USD 1.23 billion, at a CAGR of 5.3% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for online platforms and new product launches. With the shift towards e-commerce, safety eyewear manufacturers are expanding their reach and making their products more accessible to consumers. This trend is expected to continue as digital sales channels become increasingly popular for eyeglasses. Moreover, compliance with regulations is a critical factor in the market. Regulatory bodies enforce stringent standards to ensure the safety and effectiveness of these products. Manufacturers must invest in research and development to meet these requirements and maintain their market position.
However, challenges persist, including the need for continuous innovation to differentiate offerings and the rising cost of raw materials. To stay competitive, companies must effectively navigate these challenges while capitalizing on opportunities presented by the market's growth and shifting consumer preferences.

What will be the Size of the Safety Eyewear Market during the forecast period?

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The market continues to evolve, driven by the diverse needs of various sectors. Vision protection is a paramount concern in military applications, where safety glasses undergo rigorous impact tests and adhere to stringent CE marking requirements. In industrial settings, safety glasses come in metal and polycarbonate frames, catering to the demands of harsh environments. Light transmission and optical clarity are essential factors, with adjustable temples ensuring a comfortable fit. Over-the-glasses (OTG) designs accommodate those who wear prescription lenses. Frame materials, including polycarbonate and glass lenses, undergo extensive testing for chemical resistance and scratch resistance. Industrial hygiene necessitates anti-fog coatings, while anti-reflective coatings enhance visual comfort.

Lens tint and color cater to specific applications, from welding glasses to laser safety glasses. Online sales have transformed the market, allowing for greater accessibility and convenience. Adjustable temples and nose pads contribute to a customized fit. Workplace safety regulations, such as AS/NZS 1337.1, dictate the standards for eye protection. The supply chain remains dynamic, with ongoing research and development in lens materials and technologies, including UV protection and anti-slip designs. Safety glasses serve various industries, from construction to sports, ensuring the well-being of workers and athletes alike. The market's continuous evolution reflects the ever-changing needs of its users, underscoring the importance of ongoing innovation and adaptation.

How is this Safety Eyewear Industry segmented?

The safety eyewear industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Manufacturing
  Construction
  Military
  Mining
  Others


Product Type

  Non-prescription
  Prescription


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

.

By End-user Insights

The manufacturing segment is estimated to witness significant growth during the forecast period.

The market encompasses a range of products designed to protect vision in various industries. In the manufacturing sector, where workers are exposed to potential hazards, safety glasses are a crucial component of personal protective equipment. These eyewear pieces must meet rigorous safety standards, offering both durability and comfort for extended use during long shifts. Notable developments include DMG MORI CO. LTD.'s (DMG MORI) initiative from December 2024, which provides protective safety glasses from RUDY PROJECT to both on-site visitors and employees. This move underscores the significance of high-quality safety eyewear in manufacturing settings and the proactive measures companies are taking to prioritize workplace safety.

Polycarbonate frames, a popular choice for safety glasses, offer lightweight and impact-resistant solutions. Vision protection extends to various industries, including military, construction, and laboratory settings, with products such as military safety glasses, industrial safety glasses, and laboratory safety glasses. Frame materials, such as metal and polycarbonate, influence the durability and weight of the eyewear. Safety glasses come in various lens

This statistic displays the year-on-year change in export value of Italian sunglasses and optical frames in 2022, by importing country. According to the data, in 2022, the value of the Italian eyewear industry exports to Germany and the U.S. increased by **** and **** percent compared to the previous year.

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Glass Lens Market Size 2025-2029

The glass lens market size is forecast to increase by USD 7.75 billion at a CAGR of 3.1% between 2024 and 2029.

The market is poised for significant growth, driven by the increasing elderly population and the availability of products through online distribution channels. The aging demographic is a key market driver, as the demand for corrective eyewear solutions increases with age. Moreover, the convenience of purchasing glass lenses from an e-commerce platform has expanded accessibility and convenience, fueling market expansion. However, the market faces production challenges that temper growth potential. Glass lens manufacturing involves complex processes and high production costs, which can limit the industry's ability to meet increasing demand.
Furthermore, regulatory hurdles impact adoption, as stringent regulations governing the production and distribution of glass lenses add complexity to the market landscape. These lenses cater to various consumer needs, including eye comfort during prolonged screen time and enhanced visual clarity in different lighting conditions. Companies seeking to capitalize on market opportunities must navigate these challenges effectively by investing in research and development to improve production processes and collaborating with regulatory bodies to ensure compliance.

What will be the Size of the Glass Lens Market during the forecast period?

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The market in the US is experiencing significant growth due to the increasing prevalence of refractive errors, such as myopia and presbyopia, among children and the aging population. According to the World Health Organization, approximately 2.2 billion people worldwide have a refractive error, making vision correction a necessity. In response, the market offers various solutions, including bifocal lenses, contact lenses, and prescription glasses. High-index plastics and durable materials, such as polycarbonates and high-quality spectacle lenses, ensure both functionality and comfort for users. Moreover, advancements in technology have led to the development of visually appealing lenses, including photochromic lenses that adapt to light conditions and anti-reflective coatings that reduce glare from computers and laptops.
The rise of e-commerce platforms and online retailers has made these products more accessible to consumers, including those with diabetes, who may require scratch-resistant coatings to prevent damage from their condition's complications, such as diabetic retinopathy. Healthcare policies and increasing awareness of eye disorders, including vision loss caused by prolonged screen time, have also driven market growth. The market caters to various consumer preferences, offering a range of options from low-cost manufacturers to fashion eyewear and progressive lenses. UV ray protection is another essential feature, as prolonged exposure can lead to eye damage. Additionally, magnifying glasses and other vision correction devices are gaining popularity among those with age-related eye disorders. Additionally, the rise of refractive surgery as a viable alternative to glasses and contact lenses may impact the market's growth.

How is this Glass Lens Industry segmented?

The glass lens industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Single glass vision lenses
  Progressive glass lenses
  Bifocal glass lenses


Distribution Channel

  Offline
  Online


Product Type

  Anti-reflective
  Blue light reduction
  Scratch-resistant
  UV protection


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The single glass vision lenses segment is estimated to witness significant growth during the forecast period.

The market encompasses various types of lenses used for correcting vision impairments and enhancing visual experience. Single vision lenses, which offer correction for one field of vision, are commonly prescribed. These lenses, which can correct for distance, near, or intermediate vision, have the same optical focal point across the entire lens surface. An aging population and increasing prevalence of optical disorders, such as myopia, hyperopia, astigmatism, and presbyopia, fuel the demand for vision care products. Public health campaigns emphasize the importance of regular eye exams and the use of protective eyewear, including prescription glasses, contact lenses, and sunglasses, to prevent vision-related problems.

Advancements in coating technologies, such as scratch-resistant, anti-reflective, and anti-fog coatings, increase the durability and fun

India Military Protective Eyewear Market is projected to grow around USD 1.04 Billion by 2031, at a CAGR of 8.3% during the forecast period.

The memory metal frames market, encompassing both adult and children's eyewear, is experiencing robust growth, driven by increasing consumer preference for lightweight, durable, and comfortable eyewear. Titanium-based alloys currently dominate the market due to their superior flexibility, hypoallergenic properties, and aesthetic appeal. However, copper-based alloys are gaining traction, offering a potentially cost-effective alternative while maintaining desirable properties. The market is segmented by application (adult and children) and material type (titanium and copper-based alloys), with the adult segment holding a larger market share due to higher disposable income and greater awareness of eyewear fashion trends. Key players like OWNDAYS, Marchon, and Maui Jim are driving innovation through the introduction of stylish and technologically advanced frames. Geographical distribution shows strong market penetration in North America and Europe, driven by high consumer spending and established eyewear retail networks. Growth in Asia-Pacific is projected to be significant, fueled by rising disposable incomes and expanding middle classes, especially in countries like China and India. While the market faces restraints such as the relatively higher cost compared to traditional frames and potential supply chain disruptions, the overall positive trend is expected to continue, supported by ongoing technological advancements and increasing demand for high-quality, comfortable eyewear. The forecast period (2025-2033) anticipates a sustained CAGR, leading to a substantial increase in market value. This growth will be influenced by several factors: increasing awareness of eye health, expanding online retail channels for eyewear, and the introduction of innovative designs and functionalities within memory metal frames. Competition among established brands and new entrants will further drive innovation and affordability. The market’s segmentation will continue to evolve, with potential for niche markets to emerge catering to specific age groups, lifestyles, and aesthetic preferences. Strategic partnerships between frame manufacturers and optical retailers will play a crucial role in market expansion. Further research into material science could unlock even more advanced properties in memory metal alloys, driving further adoption in the future.

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Sunglasses Market Size 2025-2029

The sunglasses market size is forecast to increase by USD 7.87 billion at a CAGR of 5.4% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing popularity of sunglasses among the young and middle-aged population. This demographic trend is fueled by the desire for fashionable eyewear that offers both style and functional protection from the sun. Another key driver is the adoption of omnichannel retailing strategies, which enable consumers to shop for sunglasses through various channels, including brick-and-mortar stores, e-commerce platforms, and social media. However, this market is not without challenges.
Companies must navigate this competitive landscape by focusing on innovation, brand differentiation, and effective marketing strategies to attract and retain customers. To capitalize on opportunities and overcome challenges, market players should stay abreast of consumer preferences, leverage technology, and collaborate with industry partners to deliver value-added solutions. The rising availability of substitute products, such as prescription glasses with photochromic lenses and contact lenses, poses a threat to the growth of the market. Luxottica, Chanel, Gucci, and other brands cater to diverse consumer preferences with various styles, shapes, and integrated features like phone calls, music playback, and UV protection.

What will be the Size of the Sunglasses Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market is experiencing dynamic trends, with influencer marketing playing a significant role in shaping consumer preferences. Heart rate monitoring and audio integration are emerging features, catering to health-conscious consumers and music lovers. Return policies and customer service are crucial aspects of the market, ensuring customer satisfaction and loyalty. Light transmission, scratch testing, and contrast enhancement are key considerations for consumers seeking optimal visual experience. Manufacturing processes and supply chain management are essential for maintaining quality and efficiency. Prescription lens customization, blue light filtering, and UV transmission testing are important features for those with specific vision needs.
AR/VR applications, shipping options, and safety standards are shaping the future of the market. Lens tinting options, durability testing, hydrophobic coating, and frame flexibility are essential for outdoor enthusiasts. Polarization technology, adjustable nose pads, and virtual try-on technology are enhancing the shopping experience. Brand reputation, warranty policies, and retail partnerships are critical factors for market success. Smart glasses with GPS tracking, customizable fit, interchangeable lenses, and e-commerce platforms are the latest trends in the industry. Impact testing and anti-fog coating are essential for ensuring product durability and functionality.

How is this Sunglasses Industry segmented?

The sunglasses industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Non-polarized
  Polarized


Distribution Channel

  Offline
  Online


Material

  Injected
  Metal
  Acetate
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    Spain
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Type Insights

The non-polarized segment is estimated to witness significant growth during the forecast period. The market encompasses a wide range of products, from standard non-polarized sunglasses to high-performance, polarized and photochromic lenses. Non-polarized sunglasses, which lack glare-reducing chemical coatings, are popular for their affordability and cost-effectiveness. These sunglasses, which provide UV radiation protection, are often used in activities such as skiing in icy conditions, operating machinery, and reading LCD panels due to their ability to see ice clearly. The non-polarized segment has experienced significant growth due to its accessibility and stylish appeal. Product innovation continues to drive the market, with advancements in hinge technology, temple designs, and lens materials. Performance sunglasses, which include polarized and photochromic lenses, cater to consumers engaged in outdoor activities and water sports.

Lifestyle trends have led to the popularity of sunglasses straps, sunglasses chains, and eco-friendly materials, while brand loyalty and awareness remain key factors. Brand awareness and ethical sourcing are becoming increasingly important to consumers,