The North America eyewear market reached a value of US$ 42.4 Billion in 2019. 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 market to reach a value of US$ 48.4 Billion by 2025, registering a CAGR of 2.2% during 2020-2025.
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Report Customization: Although IMARC has tried to cover everything in the North America eyewear market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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