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India Eyewear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India eyewear market is expected to exhibit a CAGR of 9.07% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Eyewear refers to corrective and protective products and accessories worn on the eyes. It includes contact lenses, sunglasses and spectacles that are manufactured using metal, plastic-based cellulose-acetate and glass. They are widely used for protection against ultraviolet (UV) radiations, dust and air-bound particles to enhance visual clarity. Eyewear usually has minimal maintenance requirements and also aid in providing enhanced comfort and improving the visual health of the wearer. Novel product variants are integrated with anti-fatigue, anti-glare, light-adaptive and multifocal lenses for added comfort and improved visibility for the users. 

India Eyewear Market Trends:

The growth in the India eyewear market can be attributed to the increasing geriatric population, which is more prone to chronic eye-related diseases. Elderly individuals are highly susceptible to developing macular degeneration, glaucoma, blepharitis and diabetes that can weaken and damage the eyes, thereby leading to poor vision. Additionally, the increasing prevalence of other eyesight-related disorders, such as dry eyes, chronic eye irritation and computer vision syndrome (CVS) due to the rising exposure to digital devices that emit harmful lights is positively impacting the market growth. Various technological advancements, such as the advent of three-dimensional (3D) printed eyewear, are favoring the market growth. These products provide enhanced customizability and can aid in creating trendy looks for the wearers. Other factors, including the launch of affordable and aesthetically appealing eyewear, along with the implementation of various awareness programs by both government and non-government institutions regarding eye care, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India eyewear market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product, gender and distribution channel.

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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Gender, Distribution Channel, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the India eyewear market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India eyewear market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the gender?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the India eyewear market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    India Eyewear Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Spectacles
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Sunglasses
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Contact Lenses
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Gender
    7.1    Men
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Women
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Unisex
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Optical Stores
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Independent Brand Showrooms
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Online Stores
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Retail Stores
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North India
        9.1.1 Market Trends
        9.1.2 Market Breakup by State
        9.1.3 Market Forecast
    9.2    West and Central India
        9.2.1 Market Trends
        9.2.2 Market Breakup by State
        9.2.3 Market Forecast
    9.3    South India
        9.3.1 Market Trends
        9.3.2 Market Breakup by State
        9.3.3 Market Forecast
    9.4    East India
        9.4.1 Market Trends
        9.4.2 Market Breakup by State
        9.4.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: India: Eyewear Market: Major Drivers and Challenges
Figure 2: India: Eyewear Market: Sales Value (in Billion US$), 2016-2021
Figure 3: India: Eyewear Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: India: Eyewear Market: Breakup by Product (in %), 2021
Figure 5: India: Eyewear Market: Breakup by Gender (in %), 2021
Figure 6: India: Eyewear Market: Breakup by Distribution Channel (in %), 2021
Figure 7: India: Eyewear Market: Breakup by Region (in %), 2021
Figure 8: India: Eyewear (Spectacles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: India: Eyewear (Spectacles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: India: Eyewear (Sunglasses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: India: Eyewear (Sunglasses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: India: Eyewear (Contact Lenses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: India: Eyewear (Contact Lenses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: India: Eyewear (Men) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: India: Eyewear (Men) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: India: Eyewear (Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: India: Eyewear (Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: India: Eyewear (Unisex) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: India: Eyewear (Unisex) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: India: Eyewear (Optical Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: India: Eyewear (Optical Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: India: Eyewear (Independent Brand Showrooms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: India: Eyewear (Independent Brand Showrooms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: India: Eyewear (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: India: Eyewear (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: India: Eyewear (Retail Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: India: Eyewear (Retail Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North India: Eyewear Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North India: Eyewear Market: Breakup by State (in %), 2021
Figure 30: North India: Eyewear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: West and Central India: Eyewear Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: West and Central India: Eyewear Market: Breakup by State (in %), 2021
Figure 33: West and Central India: Eyewear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: South India: Eyewear Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: South India: Eyewear Market: Breakup by State (in %), 2021
Figure 36: South India: Eyewear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: East India: Eyewear Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: East India: Eyewear Market: Breakup by State (in %), 2021
Figure 39: East India: Eyewear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Eyewear Industry: SWOT Analysis
Figure 41: India: Eyewear Industry: Value Chain Analysis
Figure 42: India: Eyewear Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Eyewear Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Eyewear Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: India: Eyewear Market Forecast: Breakup by Gender (in Million US$), 2022-2027
Table 4: India: Eyewear Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: India: Eyewear Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: India: Eyewear Market: Competitive Structure
Table 7: India: Eyewear Market: Key Players


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