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The North America eyewear market reached a value of US$ 43.8 Billion in 2020. 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. Looking forward, IMARC Group expects the North America eyewear market to exhibit stable growth during 2021-2026.
|Base Year of the Analysis||2020|
|Segment Coverage||Product, Gender, Distribution Channel, Country|
|Countries Covered||United States, Canada|
|Customization Scope||10% Free Customization|
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The North America eyewear market was valued at US$ 39.5 Billion in 2021.
We expect the North America eyewear market to exhibit a CAGR of 5.80% during 2022-2027.
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
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, men 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, optical 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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