Global Traditional Eyewear Market Size & Outlook, 2023-2030
Global traditional eyewear market, 2018-2030 (US$M)
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Global traditional eyewear market highlights
- The global traditional eyewear market generated a revenue of USD 164,763.8 million in 2023 and is expected to reach USD 289,962.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.4% by 2030.
- In terms of segment, retail accounted for a revenue of USD 131,159.1 million in 2023.
- E-commerce is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 164,763.8 million |
| Market revenue in 2030 | USD 289,962.9 million |
| Growth rate | 8.4% (CAGR from 2024 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | E-commerce |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-commerce, Retail |
Other key industry trends
- In terms of revenue, the North America accounted for 33.7% of the global traditional eyewear market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 12,015.4 million by 2030.
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Traditional Eyewear Market Scope
Traditional Eyewear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hoya Corp | View profile | 36571 | 20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-8347 | http://www.hoya.co.jp |
| The Cooper Companies Inc | View profile | 15000 | 6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, United States, 94583 | https://www.coopercos.com |
| Essilorluxottica | View profile | 200000 | 147, Rue de Paris, Charenton-Le-Pont, Paris, France, 94220 | https://www.essilorluxottica.com |
| Lenovo Group Ltd | View profile | 71090 | 979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Hong Kong, Hong Kong | https://www.lenovo.com |
| Carl Zeiss Meditec AG | View profile | 4950 | Goschwitzer Strasse 51-52, Jena, TH, Germany, 07745 | https://www.zeiss.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Global traditional 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 traditional eyewear market will help companies and investors design strategic landscapes.
Retail was the largest segment with a revenue share of 79.6% in 2023. Horizon Databook has segmented the Global traditional eyewear market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Traditional Eyewear Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- E-commerce
- Retail
- Others
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Target buyers of Global traditional eyewear market databook
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Our clientele includes a mix of traditional eyewear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 global-level data and insights on the Global traditional eyewear market , including forecasts for subscribers. This global databook contains high-level insights into Global traditional eyewear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global traditional eyewear market size, by region, 2018-2030 (US$M)
Top 10 countries by Traditional Eyewear Market revenue, 2023 (US$M)
Global traditional eyewear market share, by distribution channel, 2023 & 2030 (%, US$M)
Traditional eyewear market: Opportunity assessment by country
Global traditional eyewear market, by region, 2023 (US$M)
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