Eyewear Market 2014 Report Says Contact Lenses Driving Growth Globally

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Nov 11, 2014, 11:45 ET

DALLAS, November 11, 2014 /PRNewswire/ --

MarketReportsOnline.com adds Global Eyewear Market Report: 2014 Edition research that says growing demand for contact lenses is one of the key factors leading to the growth of the global eyewear industry. The demand for lenses is driven by rapidly changing lifestyle, increasing diabetic population and rising urban population. One of the significant factors providing a tailwind to the global eyewear market is the rise in the aging population i.e. over 60 years. Some of the noteworthy trends of this industry include growing demand for kid's sunglasses, increased usage of silicone hydrogel, and innovative designs and fashion statement among others. Complete report is available at http://www.marketreportsonline.com/373597.html .

According to Global Eyewear Market Report: 2014 Edition research the purpose of these lenses is similar to that of the conventional glasses. Contact lenses are lightweight and virtually invisible. Aesthetics and cosmetics are often motivating factors for people who would like to avoid wearing glasses or would like to change the appearance of their eyes. When compared with spectacles, contact lenses typically provide better peripheral vision, and do not collect moisture such as rain, snow, condensation, or sweat. This makes them ideal for sports and other outdoor activities. Additionally, there are conditions such as keratoconus and aniseikonia that are typically corrected better by contacts than by glasses.

The global eyewear market has been categorized into corrective lenses, contact lenses, sunglasses, frames and refractive surgical lenses. The eyewear market has been showing tremendous potential since past several years. The major factor driving this market is increasing usage and acceptance of eyewear products and prescription eyewear. With a large percentage of the population afflicted with conditions such as myopia, hyperopia, presbyopia, and astigmatism, the demand for corrective eyewear is on the rise. Due to lifestyle changes, which involve increasing formal employment and extensive usage of computers, the number of individuals using corrective eyewear is also increasing.

The key factors which are anticipated to drive eyewear market growth include increased usage of silicon hydrogel, eyewear fashion and growing demand of kid's sunglasses. The growth of the industry is hindered by sale of illegal novelty contact lenses, price differentiation between branded and unbranded frames and changing local conditions of various countries. The major factors which will contribute in the growth of the industry include growing ageing population since with age people get more eye problems, rising diabetic population, increasing urban population, and rapidly changing lifestyles. Diabetes also plays a key role in the eyewear industry. Due to the lifestyle of the population in the present era, diabetes has been regarded as one of the fastest growing diseases in both developing and developed countries. The increasing diabetic patients worldwide coupled with the increasing awareness amongst the people regarding health are expected to fuel up the global eyewear market in the coming years.

This report provides a comprehensive analysis of the global eyewear industry, along with an in-depth study of the regional markets including the US, China, Japan, Brazil, Mexico, Argentina and Taiwan. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in depth. On the contention front, the global eyewear market is reined by few large players namely, Essilor, Luxottica, Carl Zeiss and Safilo Group. The competitive landscape of the respective market, along with the company profiles of the leading players are also discussed in detail. Order a copy of this research at http://www.marketreportsonline.com/contacts/purchase.php?name=373597 .

List of Tables provided in Global Eyewear Market Report: 2014 Edition research:

Dependent & Independent Variables (2008-2013)
Correlation Matrix
Model Summary - Coefficient of Determination
Regression Coefficients Output

Partial List of Charts present in this eyewear market research report cover:

Global Contact Lens Market Outlook by Region (2012-2016)
Japan - Contact Lens Imports by Country (2013)
Japan - Eyewear Market by Value (2008-2018E)
Reasons for Wearing Sunglasses by Age Group and Sex (2013)
Plano Sunglasses Market Share by Lens Material (2013)
Global Contact Lens Market Share by Companies (2013)
Global Eyeglass Lens Market Share by Companies (2013)
Chinese Contact Lens Market by Companies (2013)
Chinese Solution Market Share by Companies (2013)
Chinese Contact Lens & Solution Market Share by Companies (2013)
Taiwan Contact Lens Market Share (2013)
Japanese Contact Lens Market Share (2013)
Essilor's Revenue Breakdown by Business Segments (2013)
Essilor's Sales by Region (2013)
Essilor's Sales and Profit (2009-2013)
Luxottica's Sales by Segments (2013)
Luxottica's Sales by Region (2013)
Luxottica's Sales and Profit (2009-2013)
Carl Zeiss' Revenues Share by Segment (2013)
Carl Zeiss' Revenue Share by Region (2013)
Carl Zeiss' Sales and Profit (2009-2013)
Safilo Group's Revenue Share by Segment (2013)
Safilo Group's Revenues Share by Region (2013)
Safilo Group's Sales (2009-2013)
Global Contact Lens Market (2010-2017E)

Comprehensive Table of Contents and more for Global Eyewear Market Report: 2014 Edition research is available at http://www.marketreportsonline.com/373597-toc.html .

For the eyewear market, MarketReportsOnline.com has following other reports that might be of interest:

Warby Parker - Disruptive innovation in the high priced eyewear industry : Warby Parker, thanks to its cost-efficient and customer-oriented strategy, managed to turn a small $100,000 investment into a viable business opportunity. The company proves that it is possible to build long term profitability by delivering customer satisfaction, whilst keeping prices at a reasonable level. This case study describes topics such as innovative products, business models, and significant company acquisitions. Fact-based and presented in an accessible style, it explains the rationale of commercial decisions and illustrate wider market and economic trends. Despite a high level of product differentiation and large number of players, the competition within the retail eyewear market in the US is not forcing prices down. The near- monopoly situation in the production and distribution of eyewear results in high mark-ups. Warby Parker company saw the existing situation as a business opportunity and aims to create a beneficial alternative to the overpriced designer glasses. The company keeps its costs low and sells directly to consumers. Warby Parker has been exceeding its sales targets. Its existing customer base is one of the largest drivers of its growth. Complete report is available at http://www.marketreportsonline.com/252622.html .

Signature Eyewear, Inc. - Strategic SWOT Analysis Review : Signature Eyewear markets its product through brand names, Bobby Jones, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hickey Freeman Laura Ashley, Laura Ashley Girls, Michael Stars and Rough Justice. The company offers product through a network of distributors in Australia, Chile, the Netherlands, France, Egypt, Israel, Sweden, the UK, Mexico, South Africa, Sweden, Japan, Greece, Hong Kong, Indonesia and Thailand. Signature Eyewear is headquartered in Los Angeles, California, the US. Obtain a comprehensive SWOT analysis report of this company at http://www.marketreportsonline.com/262701.html .

New Look Eyewear Inc. (BCI) - Financial and Strategic SWOT Analysis Review : This company offers product with brand names, TRANSITIONS, CooperVision, Evolution HD2, Ultra-Evolution HD2 and Ultra-Fit. It has automated and digital lens transformation laboratory. The company provides online eye exam appointment service. It offers product through its stores in Estrie, Cote-Nord, Laval, Ottawa, Center Quebec, North Shore, South Shore, Monteregie and Outaouais, among others. New Look is headquartered in Montreal, Quebec, Canada. A detailed financial and strategic SWOT analysis report on this company is available at http://www.marketreportsonline.com/313599.html .

Explore more reports on the consumer goods market at http://www.marketreportsonline.com/cat/consumer-goods-market-research.html while other company profiles and SWOT reports can be accessed at http://www.marketreportsonline.com/cat/company-profiles-market-research.html .

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