IMARC Group, a leading market research company, has recently released a report titled “ India Eyewear Market Report by Product (Spectacles, Sunglasses, Contact Lenses), Gender (Men, Women, Unisex), Distribution Channel (Optical Stores, Independent Brand Showrooms, Online Stores, Retail Stores), and Region 2024-2032 “. The India eyewear market report reached US$ 9.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 18.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.3% during 2024-2032.
The growing awareness of eye health among the population, leading to a higher requirement for corrective eyewear, is one of the factors responsible for the growth of the Indian eyewear market. Additionally, the rise in digital device usage is causing more individuals to experience eye strain as well as related issues, making them seek vision correction solutions. Besides this, the increasing fashion consciousness among consumers has made eyewear a significant style statement, encouraging the adoption of branded and designer eyewear, which is fueling the market. Moreover, the market is further supported by the availability of a wide range of affordable eyewear options and the expansion of retail networks, both online and offline.
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India Eyewear Market
Another key trend in the Indian eyewear market is technological advancements in lens and frame materials. Innovations such as blue light-blocking lenses, anti-reflective coatings, and lightweight, durable materials like TR-90 and acetate are enhancing the functionality and comfort of eyewear products. Furthermore, the increasing adoption of these advanced eyewear solutions is particularly notable among the urban and tech-savvy population and is gaining traction. In addition to this, the market is witnessing a rise in the popularity of smart glasses equipped with features such as augmented reality and health monitoring, reflecting the broader trend of integrating technology into everyday accessories, thereby positively impacting the market. The emphasis on personalized and customized eyewear to cater to individual preferences and needs is also shaping the growth, with many brands offering tailored solutions to enhance the consumer experience, which is anticipated to drive the India eyewear market over the forecast period.
India Eyewear Market Segmentation:
Breakup by Product:
- Spectacles
- Sunglasses
- Contact Lenses
Breakup by Gender:
- Men
- Women
- Unisex
Breakup by Distribution Channel:
- Optical Stores
- Independent Brand Showrooms
- Online Stores
- Retail Stores
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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Key Highlights of the Report: • Market Performance (2018-2023) • Market Outlook (2024-2032) • Market Trends • Market Drivers and Success Factors • Impact of COVID-19 • Value Chain Analysis • Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.
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