North America 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 Country 2024-2032

North America 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 Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1732
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Market Overview:

The North America eyewear market size reached US$ 44.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 71.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 44.7 Billion
Market Forecast in 2032
US$ 71.2 Billion
Market Growth Rate 2024-2032 5.2%


Eyewear comprises accessories which are worn on or over the eyes for various reasons, such as protection against the environment, as an adornment or to improve visual acuity. The lenses of eyewear can be made from different materials, such as optical fiber and glass. On the other hand, frames are generally available in metal and plastic. At present, an increase in the usage of electronic gadgets has led to the prevalence of eyesight related problems, which is boosting the overall sales of eyewear products.

North America eyewear market is currently being driven by several factors. The high per capita incomes, coupled with the altering fashion trends and preferences for luxury products, have propelled the eyewear market growth in the region. On account of this, manufacturers are introducing a diverse range of frames, keeping in mind the different requirements and preferences of the consumers. Additionally, the changing lifestyles of consumers and technological advancements in the industry have resulted in the launch of innovative products, such as smart glasses with liquid lenses, removable temples, laser glasses, and pediatric glasses. Apart from this, a surge in the number of optical deficiencies in the geriatric population has increased the demand for eyewear products in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America eyewear market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on product, gender and distribution channel.

  • Key Regions Analysed
    • United States
    • Canada
       
  • Analysis for Each Country
     
  • Market by Product
  • Market by Gender
    • Men
    • Women
    • Unisex
       
  • Market by Distribution Channel
    • Optical Stores
    • Independent Brand Showrooms
    • Online Stores
    • Retail Stores
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Gender, Distribution Channel, Country
Countries Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
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

The North America eyewear market was valued at US$ 44.7 Billion in 2023.

We expect the North America eyewear market to exhibit a CAGR of 5.2% during 2024-2032.

The high prevalence of ocular diseases, along with the growing demand for advanced glare-free prescription eyewear with enhanced durability, is currently driving the North America eyewear market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing consumer inclination towards online retail platforms for the purchase of eyewear, as online players are integrating their services with product virtualization and facial analysis to remotely recommend appropriate eyewear designs for individuals.

Based on the product, the North America eyewear market can be segmented into spectacles, sunglasses, and contact lenses. Currently, spectacles hold the majority of the total market share.

Based on the gender, the North America eyewear market has been divided into men, women, and unisex. Among these, unisex currently exhibit a clear dominance in the market.

Based on the distribution channel, the North America eyewear market can be categorized into optical stores, independent brand showrooms, online stores, and retail stores. Currently, retail stores account for the largest market share.

On a regional level, the market has been classified into United States and Canada, where the United States currently dominates the North American market.

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North America 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 Country 2024-2032
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