The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising prevalence of eye disorders is likely to promote innovation in the manufacture of optical goods retailers, propelling the market throughout the forecast period.

The global optical goods stores market is expected to grow from $61.53 billion in 2022 to $65.91 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The global optical goods stores market size is expected to reach $80.67 billion in 2027 at a CAGR of 5.2%.

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Global Optical Goods Stores Market Segments Include:

• By Product: Spectacles, Sunglasses, Contact Lenses
• By Gender: Men, Women, Unisex
• By Distribution Channel: E-Commerce, Brick And Mortar
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global optical goods stores market in 2021.

Major Market Players in the optical goods stores market include Luxottica Group S.p.A., Johnson & Johnson Vision, Safilo Group S.p.A., Alcon, Oakley Inc., The Cooper Companies Inc., Bausch & Lomb Incorporated, Hoya Corporation, Carl Zeiss AG.

Technology innovation is a major trend that is gaining traction in the optical goods store sector. To enhance their position in the optical goods store sector, major corporations are focusing on developing innovative technical solutions. Johnson & Johnson Vision Care, Inc., a US-based eye health organisation, for example, launched ACUVUE OASYS MAX 1-Day MULTIFOCAL contact lenses and ACUVUE OASYS MAX 1-Day contact lenses for presbyopia in 2020. TearStable Technology and an OptiBlue light filter were combined to produce an unprecedented combination of breakthrough technologies to help meet the needs of our digitally busy lives. TearStable Technology is designed to maximise tear-film stability and seal in moisture for better all-day comfort. By having the highest level blue-violet filter in the industry, at 60%, the OptiBlue light filter lowers light scatter for amazing visual clarity from day to night. Furthermore, the ACUVUE OASYS MAX 1-Day lenses totally block UVB and 99.9% of UVA rays.

The Optical Goods Stores Global Market Report 2023  provides a optical goods stores market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The optical goods stores market forecast analyzes optical goods stores market size, optical goods stores market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Customers can purchase eyeglasses and frames at optical goods businesses. Optical goods stores sell a variety of products, such as eyeglasses, sports eyewear, and safety and protection eyewear.

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