The Latin America, Middle East and Africa Spectacle Market would witness market growth of 7.8% CAGR during the forecast period (2020-2026). Technological advancements in every sphere of life offer many benefits. Constant exposure to screens such as tablets, smartphones, computers, and other such gadgets often lead to increased prevalence of vision problems like myopia, astigmatism, hyperopia, and many others.
This has resulted in the growth of the global spectacles market in the upcoming years. Extended hours of working on laptops and computers have resulted in Computer Vision Syndrome (CVS) and also causes strain in eyes, thus creating demand for spectacles. Manufacturers of eyewear are expected to make a significant investment in innovative product development with better and improved UV protection and moderated glare.
The market growth is fueled by the rising preference for quality eye care products, increasing acceptance of quality vision care products, and a rise in the awareness programs about numerous types of ocular disorders. Further, the developed nations comprise of individuals having high disposable income who can afford to buy high quality frames. Rising eye defects and visual deficiency
Rising visual impairment and requirement for vision correction will lead to augmented demand for eyewear. Currently, the youth is more inclined towards digital devices as they are spending most of their time on screen and on digital devices like laptops, mobile, and video games. Furthermore, health concerns like the vision of people are also affected by diabetes and it may result in blindness. Thus, people who are suffering from diabetes, require going for regular eye checkups in order to avoid vision problems. Therefore, increasing vision impairments and visual deficiencies will have a positive impact on the market growth of eyewear in the coming years.
Based on Parts, the market is segmented into Lens and Frames. Based on Distribution Channel, the market is segmented into Online and Offline. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Spectacle Market in LAMEA is expected to register a CAGR of 7.8% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include EssilorLuxottica SA (Essilor Instruments USA), Johnson and Johnson (Johnson and Johnson Vision Care, Inc.), Novartis AG (Ciba Vision), Carl Zeiss AG, Zenni Optical, Inc., Jand, Inc. (Warby Parker), Lenskart Solutions Pvt. Ltd., Hoya Corporation, MODO and Titan Group Limited (Tata Group).
Scope of the Study
Market Segments Covered in the Report:
By Parts
By Distribution Channel
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- EssilorLuxottica SA (Essilor Instruments USA)
- Johnson and Johnson (Johnson and Johnson Vision Care, Inc.)
- Novartis AG (Ciba Vision)
- Carl Zeiss AG
- Zenni Optical, Inc.
- Jand, Inc. (Warby Parker)
- Lenskart Solutions Pvt. Ltd.
- Hoya Corporation
- MODO
- Titan Group Limited (Tata Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Spectacle Market, by Parts
1.4.2 LAMEA Spectacle Market, by Distribution Channel
1.4.3 LAMEA Spectacle Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Spectacle Market by Parts
3.1 LAMEA Lens Spectacle Market by Country
3.2 LAMEA Frames Spectacle Market by Country
Chapter 4. LAMEA Spectacle Market by Distribution Channel
4.1 LAMEA Online Market by Country
4.2 LAMEA Offline Market by Country
Chapter 5. LAMEA Spectacle Market by Country
5.1 Brazil Spectacle Market
5.1.1 Brazil Spectacle Market by Parts
5.1.2 Brazil Spectacle Market by Distribution Channel
5.2 Argentina Spectacle Market
5.2.1 Argentina Spectacle Market by Parts
5.2.2 Argentina Spectacle Market by Distribution Channel
5.3 UAE Spectacle Market
5.3.1 UAE Spectacle Market by Parts
5.3.2 UAE Spectacle Market by Distribution Channel
5.4 Saudi Arabia Spectacle Market
5.4.1 Saudi Arabia Spectacle Market by Parts
5.4.2 Saudi Arabia Spectacle Market by Distribution Channel
5.5 South Africa Spectacle Market
5.5.1 South Africa Spectacle Market by Parts
5.5.2 South Africa Spectacle Market by Distribution Channel
5.6 Nigeria Spectacle Market
5.6.1 Nigeria Spectacle Market by Parts
5.6.2 Nigeria Spectacle Market by Distribution Channel
5.7 Rest of LAMEA Spectacle Market
5.7.1 Rest of LAMEA Spectacle Market by Parts
5.7.2 Rest of LAMEA Spectacle Market by Distribution Channel
Chapter 6. Company Profiles
6.1 EssilorLuxottica SA (Essilor Instruments USA)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental &Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.2 Johnson and Johnson (Johnson and Johnson Vision Care, Inc.)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental &Regional Analysis
6.2.4 Research & Development Expenses
6.3 Novartis AG (Ciba Vision)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.4 Carl Zeiss AG
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental Analysis
6.4.4 Research & Development Expense
6.4.5 Recent strategies and developments:
6.4.5.1 Partnerships, Collaborations, and Agreements:
6.5 Zenni Optical, Inc.
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Product Launches and Product Expansions:
6.6 Jand, Inc. (Warby Parker)
6.6.1 Company Overview
6.7 Lenskart Solutions Pvt. Ltd.
6.7.1 Company Overview
6.8 Hoya Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.9 MODO
6.9.1 Company Overview
6.10. Titan Group Limited (Tata Group)
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Geographical Expansions:
TABLE 1 LAMEA Spectacle Market, 2016 - 2019, USD Million
TABLE 2 LAMEA Spectacle Market, 2020 - 2026, USD Million
TABLE 3 LAMEA Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 4 LAMEA Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 5 LAMEA Lens Spectacle Market by Country, 2016 - 2019, USD Million
TABLE 6 LAMEA Lens Spectacle Market by Country, 2020 - 2026, USD Million
TABLE 7 LAMEA Frames Spectacle Market by Country, 2016 - 2019, USD Million
TABLE 8 LAMEA Frames Spectacle Market by Country, 2020 - 2026, USD Million
TABLE 9 LAMEA Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 10 LAMEA Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 11 LAMEA Online Market by Country, 2016 - 2019, USD Million
TABLE 12 LAMEA Online Market by Country, 2020 - 2026, USD Million
TABLE 13 LAMEA Offline Market by Country, 2016 - 2019, USD Million
TABLE 14 LAMEA Offline Market by Country, 2020 - 2026, USD Million
TABLE 15 LAMEA Spectacle Market by Country, 2016 - 2019, USD Million
TABLE 16 LAMEA Spectacle Market by Country, 2020 - 2026, USD Million
TABLE 17 Brazil Spectacle Market, 2016 - 2019, USD Million
TABLE 18 Brazil Spectacle Market, 2020 - 2026, USD Million
TABLE 19 Brazil Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 20 Brazil Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 21 Brazil Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 22 Brazil Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 23 Argentina Spectacle Market, 2016 - 2019, USD Million
TABLE 24 Argentina Spectacle Market, 2020 - 2026, USD Million
TABLE 25 Argentina Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 26 Argentina Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 27 Argentina Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 28 Argentina Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 29 UAE Spectacle Market, 2016 - 2019, USD Million
TABLE 30 UAE Spectacle Market, 2020 - 2026, USD Million
TABLE 31 UAE Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 32 UAE Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 33 UAE Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 34 UAE Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 35 Saudi Arabia Spectacle Market, 2016 - 2019, USD Million
TABLE 36 Saudi Arabia Spectacle Market, 2020 - 2026, USD Million
TABLE 37 Saudi Arabia Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 38 Saudi Arabia Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 39 Saudi Arabia Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 40 Saudi Arabia Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 41 South Africa Spectacle Market, 2016 - 2019, USD Million
TABLE 42 South Africa Spectacle Market, 2020 - 2026, USD Million
TABLE 43 South Africa Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 44 South Africa Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 45 South Africa Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 46 South Africa Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 47 Nigeria Spectacle Market, 2016 - 2019, USD Million
TABLE 48 Nigeria Spectacle Market, 2020 - 2026, USD Million
TABLE 49 Nigeria Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 50 Nigeria Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 51 Nigeria Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 52 Nigeria Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 53 Rest of LAMEA Spectacle Market, 2016 - 2019, USD Million
TABLE 54 Rest of LAMEA Spectacle Market, 2020 - 2026, USD Million
TABLE 55 Rest of LAMEA Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 56 Rest of LAMEA Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 57 Rest of LAMEA Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 58 Rest of LAMEA Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 59 Key Information – EssilorLuxottica SA
TABLE 60 Key information –Johnson and Johnson
TABLE 61 Key Information – Novartis AG
TABLE 62 Key Information – Carl Zeiss AG
TABLE 63 key information – Zenni Optical, Inc.
TABLE 64 Key information – Jand, Inc.
TABLE 65 Key Information – Lenskart Solutions Pvt. Ltd.
TABLE 66 Key Information – Hoya Corporation
TABLE 67 key information – MODO
TABLE 68 Key Information – Titan Company Limited
List of Figures
FIG 1 Methodology for the research