The report aims to provide the latest data and insights into the growth prospects and challenges of the global Spectacle Lens Market. It utilizes tools such as constraints and opportunity analysis to evaluate potential opportunities for new goods and services, helping businesses identify and forecast market opportunities.
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The report incorporates both qualitative and quantitative evaluations from subject-matter experts and representatives across various industries along the supply chain.Global spectacle lens market is projected to generate a revenue of US$ 94.1 Billion, with a volume of 540 million units by 2031, marking a significant increase from the market’s value of US$ 57.4 Billion in 2022. The market is expected to grow at a CAGR of 5.8% in terms of value and 5.4% in terms of volume during the forecast period of 2023-2031.
Additionally, the report covers the market’s state, including types and applications in different countries and important locations. It provides detailed information on the key companies in the market, discussing attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
The leading companies mentioned are
- Carl Zeiss Meditec AG
- Cooper Companies Inc.
- Essilor International SA
- GKB Ophthalmics Ltd
- Hoya Corporation
- Johnson and Johnson
- Nikon Corporation
- Rodenstock GmbH
- Seiko Optical Products Co. Ltd
- Valeant Pharmaceuticals
- Vision Ease
- Warby Parker
- Other Prominent Players
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the global Spectacle Lens Market Includes
By Type Segment of the Global Spectacle Lens Market is sub-segmented into:
- Single vision lenses
- Bifocal lenses
- Trifocal Lenses
- Progressive lenses
- Toric Lenses
- Prism Lenses
By Material Segment of the Global Spectacle Lens Market is sub-segmented into:
- CR-39 Plastic
- Polycarbonate
- High-index Plastic
- Glass
- Trivex
By Coatings Segment of the Global Spectacle Lens Market is sub-segmented into:
- Ultraviolet (UV) Protective
- Anti-Reflective Coating (AR Coating)
- Scratch-Resistant Coating
- Blue Light Filtration Coatings
- Anti-Fog Coating
- Anti-reflective Coating
- Others
By Application Segment of the Global Spectacle Lens Market is sub-segmented into:
- Reading Glasses
- Digital Protection
- Safety Glasses
- Sunglasses
- Non-Prescription (Fake) Glasses
By Distribution Channel Segment of the Global Spectacle Lens Market is sub-segmented into:
- Online
- Offline
- Pharmacies
- Ophthalmology Clinic/ Eye Care Centers
- Hospitals
By region Segment of the Global Spectacle Lens Market is sub-segmented into:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
Overall, Astute Analytica’s report on the global Spectacle Lens Market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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