Exploring Luxury Eyewear Market Opportunity, Latest Trends, Demand, and Development By 2030- MarkNtel Advisors
According to Markntel Advisors Report, Luxury Eyewear Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Luxury
eyewear is more than a functional accessory. It is a mark of impeccable
craftsmanship and design. Luxury eyewear showcases the statement of style,
taste, and fashion of the wearer. Moreover, it allows the wearer to feel that
they possess a unique style and are now part of the select few.
Global Luxury Eyewear
Market Research Report & Summary:
The China Luxury Eyewear Market size was
valued at around USD 0.87
billion in 2024 and is projected to reach USD 1.33 billion by 2030. Along
with this, the market is estimated to grow at a CAGR of around 7.02% during
the forecast period, i.e., 2025-30.
Time
Period Captured in the Report:
·
Historical
Years: 2020-2023
·
Base
Years: 2024
·
Forecast
Years: 2025-2030
Who are the Key Players Operating in
the Luxury Eyewear Market?
The top
companies of the Luxury Eyewear Market ruling the industry are:
Chinatown Optical Group, Gentle Monster, Puyi
Opticals, Kering Eyewear, Mujosh, Mantra Eyewear, Essilor Luxottica, Carl
Zeiss, Matsuda, Safilo Group, Luxury Eyesight, Bausch & Lomb, Silhouette
and Others.
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What is Included in Luxury Eyewear
Market Segmentation?
The Luxury Eyewear Market explores the industry
by emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Product Type
-Eyeglasses
-Prescription Glasses- Market Size & Forecast 2020-2030, (USD
Million)
-Fashion Eyewear- Market Size & Forecast 2020-2030, (USD Million)
-Reading Glasses- Market Size & Forecast 2020-2030, (USD Million)
-Computer Glasses- Market Size & Forecast 2020-2030, (USD Million)
-Sunglasses
-Designer Sunglasses- Market Size & Forecast 2020-2030, (USD
Million)
-Fashion Sunglasses- Market Size & Forecast 2020-2030, (USD Million)
-Contact Lenses- Market Size & Forecast 2020-2030, (USD Million)
-By Glass Type
-Polaroid- Market Size & Forecast 2020-2030, (USD Million)
-Non-Polaroid- Market Size & Forecast 2020-2030, (USD Million)
-By Gender
-Men- Market Size & Forecast 2020-2030, (USD Million)
-Women- Market Size & Forecast 2020-2030, (USD Million)
-Unisex- Market Size & Forecast 2020-2030, (USD Million)
-Kids- Market Size & Forecast 2020-2030, (USD Million)
-By Age Group
-(2 – 10) Years- Market Size & Forecast 2020-2030, (USD Million)
-(11 – 17) Years- Market Size & Forecast 2020-2030, (USD Million)
-(18 - 24) Years- Market Size & Forecast 2020-2030, (USD Million)
-(25 – 40) Years- Market Size & Forecast 2020-2030, (USD Million)
-(41 – 56) Years- Market Size & Forecast 2020-2030, (USD Million)
-(57+) Years- Market Size & Forecast 2020-2030, (USD Million)
-By Price Range
-USD 100 – 300- Market Size &
Forecast 2020-2030, (USD Million)
-USD 301 – 500- Market Size &
Forecast 2020-2030, (USD Million)
-USD 501 – 700- Market Size &
Forecast 2020-2030, (USD Million)
-USD 701 – 900- Market Size &
Forecast 2020-2030, (USD Million)
-Greater than (>) USD 900- Market Size & Forecast 2020-2030, (USD
Million)
-By Distribution Channels
-Online- Market Size & Forecast 2020-2030, (USD Million)
-Offline- Market Size & Forecast 2020-2030, (USD Million)
-High-End Department Stores- Market Size & Forecast 2020-2030, (USD
Million)
-Exclusive Brand Boutique- Market Size & Forecast 2020-2030, (USD
Million)
-Optical Retailers- Market Size & Forecast 2020-2030, (USD Million)
-Luxury Retail Chains- Market Size & Forecast 2020-2030, (USD
Million)
-Others (Hospitals & Clinics)- Market Size & Forecast 2020-2030,
(USD Million)
-By Size
-Small- Market Size & Forecast 2020-2030, (USD Million)
-Medium- Market Size & Forecast 2020-2030, (USD Million)
-Large- Market Size & Forecast 2020-2030, (USD Million)
-By Frame Material
-Metal- Market Size & Forecast 2020-2030, (USD Million)
-Plastic & Fiber- Market Size & Forecast 2020-2030, (USD
Million)
-By Eyewear Shape
-Rectangle- Market Size & Forecast 2020-2030, (USD Million)
-Square- Market Size & Forecast 2020-2030, (USD Million)
-Circle- Market Size & Forecast 2020-2030, (USD Million)
-Others- Market Size & Forecast 2020-2030, (USD Million)
-By Frame Type
-Rimmed- Market Size & Forecast 2020-2030, (USD Million)
-Rimless- Market Size & Forecast 2020-2030, (USD Million)
-Semi-Rimmed- Market Size & Forecast 2020-2030, (USD Million)
-By Region
-North China
-North Eastern China
-East China
-South Central China
-South Western China
-North Western China
Explore the Complete Luxury Eyewear Market Analysis Report – https://www.marknteladvisors.com/research-library/china-luxury-eyewear-market.html
China Luxury Eyewear Market Driver:
Myopia Epidemic
in the Chinese Population – China has massive digital infrastructure in the
country. The country has over a billion internet users as of January 2024.
Since the COVID-19 pandemic and the introduction of online education, students
in China have spent significant time in front of the screen. This led to the
proliferation of myopia cases in China. In 2022, the National Disease Control
and Prevention Administration of China (NDCPA) reported that over 50% of the
population below age 20 had myopia. Upon delving further into it, the myopia
rate was significantly high for junior and senior high school students,
amounting to 71.4% and 81.2%, respectively. The unfolding of such scenarios has
led to an increasing demand for luxury prescription glasses in the country.
China Luxury Eyewear Market Opportunity:
Expansion of
Social E-Commerce in China – As per the China Internet Network Information
Centre (CNNIC), in December 2023, China had over 75% internet penetration and
nearly 100% smartphone penetration in China. On top of that, more than one
billion Chinese have active social media accounts, with about 48 percent
females and the rest males in 2024, as per DataReportal. Moreover, the Chinese
spend a significant time on social media. For example, as per CNNIC, it was
found that an average internet user in China had spent nearly 30 hours online
per week during the first half of 2022. This is a three-hour increase compared
with the previous year. Further, 96.4% of internet users were spending
considerable time on short video applications like; TikTok and Douyin.
The wide usage of
social media creates a vibrant influencer culture that significantly influences
purchasing decisions online. For example, in 2023, CNNIC reported that nearly
55% of the country's internet population purchases on livestreams. Social
commerce, thus presents a massive opportunity to fuel the demand for luxury
eyewear in China.
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Why Markntel Advisor Report?
MarkNtel Advisors is a leading consulting, data
analytics, and market research firm that provides an extensive range of
strategic reports on diverse industry verticals. We being a qualitative &
quantitative research company, strive to deliver data to a substantial &
varied client base, including multinational corporations, financial
institutions, governments, and individuals, among others.
We have our existence across the market for
many years and have conducted multi-industry research across 80+ countries,
spreading our reach across numerous regions like America, Asia-Pacific, Europe,
the Middle East & Africa, etc., and many countries across the regional
scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil,
and several others.
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Queries:
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