Europe Eyewear Market Size & Outlook, 2023-2030

The eyewear market in Europe is expected to reach a projected revenue of US$ 110,080.2 million by 2030. A compound annual growth rate of 7.3% is expected of Europe eyewear market from 2024 to 2030.
Revenue, 2023 (US$M)
$67,091.1
Forecast, 2030 (US$M)
$110,080.2
CAGR, 2024 - 2030
7.3%
Report Coverage
Europe

Europe eyewear market highlights

  • The Europe eyewear market generated a revenue of USD 67,091.1 million in 2023.
  • The market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
  • In terms of segment, spectacles was the largest revenue generating product in 2023.
  • Sunglasses is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Russia is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 67,091.1 million
Market revenue in 2030USD 110,080.2 million
Growth rate7.3% (CAGR from 2023 to 2030)
Largest segmentSpectacles
Fastest growing segmentSunglasses
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationContact Lenses, Spectacles, Sunglasses
Key market players worldwideAlphabet Inc Class A, Amazon.com Inc, Microsoft Corp, Lenovo Group Ltd, Sony Group Corp, Johnson & Johnson, Essilorluxottica, Carl Zeiss Stiftung, The Cooper Companies Inc, Hoya Corp

Other key industry trends

  • In terms of revenue, Europe region accounted for 36.6% of the global eyewear market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 87,287.1 million by 2030.

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Eyewear Market Companies

Name Profile # Employees HQ Website

Europe eyewear market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to eyewear market will help companies and investors design strategic landscapes.


Spectacles was the largest segment with a revenue share of 71.36% in 2023. Horizon Databook has segmented the Europe eyewear market based on contact lenses, spectacles, sunglasses covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Eyewear Product Outlook (Revenue, USD Million, 2018-2030)
    • Contact Lenses
      • Premium Contact Lenses
      • Mass Contact Lenses
    • Spectacles
      • Spectacle Frames
        • Type
          • Premium Spectacle Frame
          • Mass Spectacle Frame
        • Style
          • Round
          • Square
          • Rectangle
          • Oval
          • Others
      • Spectacle Lenses
    • Sunglasses
      • Lens Type
        • Polarized Sunglasses
        • Non-Polarized Sunglasses
      • Lens Material
        • CR-39
        • Polycarbonate
        • Polyurethane
        • Others
  • Europe Eyewear Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • E-Commerce
    • Brick & Mortar

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Target buyers of Europe eyewear market databook

  • Our clientele includes a mix of eyewear market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe eyewear market, including forecasts for subscribers. This continent databook contains high-level insights into Europe eyewear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe eyewear industry size, by country, 2018-2030 (US$M)

Europe Eyewear Market Share, 2023 & 2030 (US$M)

Europe eyewear industry size, by country, 2018-2030 (US$M)

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