Astute Analytica has recently published a comprehensive report on the Spectacle Lens Market, which provides the latest data and insights into the market’s growth prospects and challenges. The report employs various tools, such as constraints and opportunity analysis, to evaluate the potential for new goods and services, helping businesses locate and forecast market opportunities.
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The report also includes a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields and representatives from various industries found all 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.
The report discusses further findings that researchers made based on the comprehensive data and offers information on the state of the market, including kinds and applications based on various nations and important locations. It describes the market’s most active companies in detail, including attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
The leading companies in the global keyword market include.
- 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 continuously monitors the direct impact of COVID-19, including updates on the Omicron mutation study, on the market, in addition to the indirect influence of related industries. The report contains observations on the impact of the pandemic.
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Geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. The report discusses the predicted growth of the market in this region between 2021 and 2031.
The segmentation overview of the global keyword 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 Spectacle Lens Market provides a comprehensive and valuable resource for businesses looking to understand the market’s current state and future growth prospects.
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