Global Glasses
Frame Market is expected to gain a significant CAGR in the forthcoming
period. Eyewear industry gains significance due to the rising prevalence of
myopia and nearsightedness in children and adults due to environmental and
genetic factors which has enabled a higher demand for special glass
frames.
Commercially, technological
advancements and lifestyle changes exhibit open exposure to smartphones and
other gadgets ultimately resulting into eye strain and other disorders related
to eye. Therefore, the growing awareness pertaining to importance of eye
protection is anticipated in sales of glass frame products in the forthcoming
period.
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Driving factors responsible for
the growth of glasses frame market includes rise in disposable income and
consumer emphasis on fashion accessories adds to the market growth. Also, the
rise in popularity and vendor emphasis to introduce innovative eyewear to
suffice consumer needs and preference adds to the growth of the market.
Based on segmentation by product,
the glasses frame market includes spectacles, contact lenses and Plano
sunglasses. Spectacles is further bifurcated into spectacle frames and
spectacle lenses. Plano sunglasses is further categorized into polarized
sunglasses, non-polarized sunglasses, CR-39 Sunglasses, polycarbonate
sunglasses and polyurethane sunglasses.
Geographically, glasses frame
market spans North America, Latin America, Asia-Pacific, Middle-East and
Africa. APAC regions is expected to gain a positive traction in the glasses
frame market owing to dense population. Europe market is also expected to gain
a positive traction in the forthcoming period owing to presence of strong
players in the market which have gained positive prospects in these regions.
North America market is also
gaining a positive traction in the forthcoming period owing to rising
popularity amongst the masses. MEA regions are also expected to gain a positive
traction in the forthcoming period. The key players in the glasses frame market
include Bausch & Lomb Inc, Cooper Vision Inc, Fielmann AG, Luxottica Group
S.p.A. and Safilo Group S.p.A
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