Eyewear market To Get Significant Proceeds By 2025
Category: #business  By Rahul Sankrityayan  Date: 2020-02-14
  • share
  • Twitter
  • Facebook
  • LinkedIn
Eyewear market To Get Significant Proceeds By 2025

Eyewear market for contact lenses is projected to grow considerably over the forecast timeframe. Contact lenses offer a natural field of view and, unlike spectacles, have no frames to obstruct the user’s vision. It can greatly reduce distortions and is ideal for sports and other physical activities. Rapid technological advancements have led manufacturers to develop contact lenses for people suffering from specific vision disabilities as well.

In 2019, leading global eye health company Bausch + Lomb announced the U.S. launch of Bausch + Lomb ULTRA® Multifocal which is specifically designed to address the problems of patients suffering from both astigmatism and presbyopia. This instance undeniably implicates the prevalence of new growth opportunities for the sales of contact lenses, which would augment eyewear industry outlook.

Request for a sample copy of this report @   https://www.decresearch.com/request-sample/detail/119

Rapid urbanization, changing lifestyle and innovations in frame and lens design will foster the demand for plano sunglasses. Shifting preferences toward multipurpose sunglasses primarily for anti-glare and UV radiation protection has increased product demand further. Its superior optical quality and high impact resistance has also been responsible for attracting sales. Rising demand for polarized sunglasses globally is supplementing eyewear market trends.

A polarized lens offers improved benefits like increased visual comfort, enhanced vision clarity, reduced eyestrain and lowered reflections and glare. Growing awareness regarding the negative impact of UV radiation on eyes will increase product traction. According to WHO, 20% of cataract cases caused by overexposure to UV radiation and the use of artificial lens & other type of opticals can be used to restore vision. It is to be noted that with increasing importance for UV protection lenses, polarized based plano sunglasses market size is anticipated to generate significant revenue by 2024.

Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/119

As per reliable reports, around 139 million people in India are like to experience moderate visual impairment by 2020. This figure can be credited to rising number of smartphone users in the country. For instance, according to an ASSOCHAM-PwC joint study, the number of smartphone users in India is expected to double from 468 million in 2017 to 859 million by 2022.

Rapid digitalization and emergence of online eyewear shopping platforms will supplement market trends. Nowadays, customers are increasingly shifting towards online eyewear shopping platforms as they offer in depth information, wide range of styles & color choices and attractive discounts. With the growing e-commerce shift, online eyewear platforms in India have generated significant revenues lately. International brands launching new products in India will also foster regional market size.

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/eyewear-market

The global eyewear market, in essence, is driven by rising number of patients suffering from visual impairment and growing smartphone and computer usage. Growing awareness regarding UV radiation has led to increased demand for plano and polarized sunglasses. Global Market Insights, Inc, estimates eyewear market share to exceed USD 170 billion by 2025.

Read More Related Link:

Tire Cord and Tire Fabrics Market to gain significant revenue by 2026  

Shape Memory Polymer Market to procure substantial returns during forecast period

Beverage Container Market to register commendable proceeds during 2020–2025

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Rahul Sankrityayan

Rahul Sankrityayan    

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

Read More >>

More News By Rahul Sankrityayan

Linear Alpha Olefins Market Demand, Recent Trends and Developments Analysis 2025
Linear Alpha Olefins Market Demand, Recent Trends and Developments Analysis 2025
By Rahul Sankrityayan

In the recent times, Linear Alpha Olefins market has continued to witness voluminous and remarkable investments by industry giants in a renewed bid to fulfill their commitments to expand the existing manufacturing sites to produce increased amounts o...

Ammonium Metavanadate Market Share Analysis and Research Report by 2025
Ammonium Metavanadate Market Share Analysis and Research Report by 2025
By Rahul Sankrityayan

The Ammonium Metavanadate Market research study provides a detailed survey of the vital players – this is based on the financial highlights, company outline, SWOT Analysis, Product Portfolio, as well as major strategies and the expansion plans ...

Ethanolamines Market Research Report, Growth Forecast 2025
Ethanolamines Market Research Report, Growth Forecast 2025
By Rahul Sankrityayan

Key threats faced by global ethanolamines market include strict rules and health concerns due to chemical ill-effect on human beings. Medical studies were carried out to check the chemical effects of the product on human liver and its connections to ...