Russia Eyewear Market Size & Outlook, 2023-2030

The eyewear market in Russia is expected to reach a projected revenue of US$ 8,068.9 million by 2030. A compound annual growth rate of 10.8% is expected of Russia eyewear market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,924.8
Forecast, 2030 (US$M)
$8,068.9
CAGR, 2024 - 2030
10.8%
Report Coverage
Russia

Russia eyewear market highlights

  • The Russia eyewear market generated a revenue of USD 3,924.8 million in 2023 and is expected to reach USD 8,068.9 million by 2030.
  • The Russia market is expected to grow at a CAGR of 10.8% 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.

Eyewear market data book summary

Market revenue in 2023USD 3,924.8 million
Market revenue in 2030USD 8,068.9 million
Growth rate10.8% (CAGR from 2023 to 2030)
Largest segmentSpectacles
Fastest growing segmentSunglasses
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, Russia accounted for 2.1% of the global eyewear market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany eyewear market is projected to lead the regional market in terms of revenue in 2030.
  • Russia is the fastest growing regional market in Europe and is projected to reach USD 8,068.9 million by 2030.

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Eyewear Market Companies

Name Profile # Employees HQ Website

Russia 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 65.39% in 2023. Horizon Databook has segmented the Russia eyewear market based on contact lenses, spectacles, sunglasses covering the revenue growth of each sub-segment from 2018 to 2030.


  • Russia 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
  • Russia Eyewear Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • E-Commerce
    • Brick & Mortar

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Target buyers of Russia 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 country-level data and insights on the Russia eyewear market, including forecasts for subscribers. This country databook contains high-level insights into Russia eyewear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Russia eyewear industry size, by product, 2018-2030 (US$M)

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

Russia eyewear industry size, by product, 2018-2030 (US$M)

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