South Africa Traditional Eyewear Market Size & Outlook
South Africa traditional eyewear market, 2018-2030 (US$M)
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South Africa traditional eyewear market highlights
- The South Africa traditional eyewear market generated a revenue of USD 358.9 million in 2023 and is expected to reach USD 575.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, retail was the largest revenue generating distribution channel in 2023.
- E-commerce is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Traditional eyewear market data book summary
| Market revenue in 2023 | USD 358.9 million |
| Market revenue in 2030 | USD 575.9 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | E-commerce |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-commerce, Retail |
| Key market players worldwide | Alphabet Inc Class A, Amazon.com Inc, Microsoft Corp, Lenovo Group Ltd, Sony Group Corp, Johnson & Johnson, Essilorluxottica, Carl Zeiss Meditec AG, The Cooper Companies Inc, Hoya Corp |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.2% of the global traditional eyewear market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Turkey traditional eyewear market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,177.2 million by 2030.
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Traditional Eyewear Market Scope
Traditional Eyewear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 82.86% in 2023. Horizon Databook has segmented the South Africa traditional eyewear market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
- South Africa Traditional Eyewear Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- E-commerce
- Retail
- Others
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Target buyers of South Africa 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa traditional eyewear market , including forecasts for subscribers. This country databook contains high-level insights into South Africa traditional eyewear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa traditional eyewear market size, by distribution channel, 2018-2030 (US$M)
South Africa Traditional Eyewear Market Outlook Share, 2023 & 2030 (US$M)
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