The North America Spectacle Market would witness market growth of 6.4% CAGR during the forecast period (2020-2026). Advancement in technology has increased the exposure of youth to smartphones and computers resulting in vision problems like hyperopia, myopia, and astigmatism, thus driving the demand for contact lenses and prescription glasses. Manufacturers are likely to capitalize on new product development with enhanced UV protection and reduced glare.
Growing incidence of Computer Vision Syndrome (CVS) as well as digital eye strain coupled with rising scenario of constantly working on a computer system, will support the demand of the eyewear. Rising average income results in the economic development that has improved the consumer expenses on fashion products. The growing adoption of eye corrective surgeries including RLE, PRK, LASIK, LASEK, epi-LASIK, and PRELEX due to growth and development in medical technologies can obstruct the product demand.
Manufacturers are working towards maintaining the growing demand for spectacles that are made up of different materials. The increasing popularity of trends designs including oversized square glasses and cat-eye frames in trendy colors, sizes, and materials is anticipated to create new revenue streams for the market. High demand for transparent and clear framed glasses is also likely to fuel the spectacle market in the near future.
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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Spectacle Market in North America is expected to register a CAGR of 6.4% 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Spectacle Market, by Parts
1.4.2 North America Spectacle Market, by Distribution Channel
1.4.3 North America 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. North America Spectacle Market by Parts
3.1 North America Lens Spectacle Market by Country
3.2 North America Frames Spectacle Market by Country
Chapter 4. North America Spectacle Market by Distribution Channel
4.1 North America Online Market by Country
4.2 North America Offline Market by Country
Chapter 5. North America Spectacle Market by Country
5.1 US Spectacle Market
5.1.1 US Spectacle Market by Parts
5.1.2 US Spectacle Market by Distribution Channel
5.2 Canada Spectacle Market
5.2.1 Canada Spectacle Market by Parts
5.2.2 Canada Spectacle Market by Distribution Channel
5.3 Mexico Spectacle Market
5.3.1 Mexico Spectacle Market by Parts
5.3.2 Mexico Spectacle Market by Distribution Channel
5.4 Rest of North America Spectacle Market
5.4.1 Rest of North America Spectacle Market by Parts
5.4.2 Rest of North America 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 North America Spectacle Market, 2016 - 2019, USD Million
TABLE 2 North America Spectacle Market, 2020 - 2026, USD Million
TABLE 3 North America Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 4 North America Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 5 North America Lens Spectacle Market by Country, 2016 - 2019, USD Million
TABLE 6 North America Lens Spectacle Market by Country, 2020 - 2026, USD Million
TABLE 7 North America Frames Spectacle Market by Country, 2016 - 2019, USD Million
TABLE 8 North America Frames Spectacle Market by Country, 2020 - 2026, USD Million
TABLE 9 North America Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 10 North America Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 11 North America Online Market by Country, 2016 - 2019, USD Million
TABLE 12 North America Online Market by Country, 2020 - 2026, USD Million
TABLE 13 North America Offline Market by Country, 2016 - 2019, USD Million
TABLE 14 North America Offline Market by Country, 2020 - 2026, USD Million
TABLE 15 North America Spectacle Market by Country, 2016 - 2019, USD Million
TABLE 16 North America Spectacle Market by Country, 2020 - 2026, USD Million
TABLE 17 US Spectacle Market, 2016 - 2019, USD Million
TABLE 18 US Spectacle Market, 2020 - 2026, USD Million
TABLE 19 US Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 20 US Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 21 US Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 22 US Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 23 Canada Spectacle Market, 2016 - 2019, USD Million
TABLE 24 Canada Spectacle Market, 2020 - 2026, USD Million
TABLE 25 Canada Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 26 Canada Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 27 Canada Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 28 Canada Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 29 Mexico Spectacle Market, 2016 - 2019, USD Million
TABLE 30 Mexico Spectacle Market, 2020 - 2026, USD Million
TABLE 31 Mexico Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 32 Mexico Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 33 Mexico Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 34 Mexico Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 35 Rest of North America Spectacle Market, 2016 - 2019, USD Million
TABLE 36 Rest of North America Spectacle Market, 2020 - 2026, USD Million
TABLE 37 Rest of North America Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 38 Rest of North America Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 39 Rest of North America Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 40 Rest of North America Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 41 Key Information – EssilorLuxottica SA
TABLE 42 Key information –Johnson and Johnson
TABLE 43 Key Information – Novartis AG
TABLE 44 Key Information – Carl Zeiss AG
TABLE 45 key information – Zenni Optical, Inc.
TABLE 46 Key information – Jand, Inc.
TABLE 47 Key Information – Lenskart Solutions Pvt. Ltd.
TABLE 48 Key Information – Hoya Corporation
TABLE 49 key information – MODO
TABLE 50 Key Information – Titan Company Limited
List of Figures
FIG 1 Methodology for the research