What Has Driven the Growth of the Optical Goods Stores Market in Recent Years?
The optical goods stores market has seen considerable growth due to a variety of factors.
• In recent times, the market size of optical goods stores has indeed seen significant growth. An increase from $70.87 billion in 2024 to $75.31 billion in 2025 is projected, reflecting a compound annual growth rate (CAGR) of 6.3%. This past growth can be attributed to factors like demographic changes in population, heightened screen usage, awareness about healthcare, wider insurance coverage, educational measures, and an increase in vision-related disorders.
What Is the Forecasted Market Size and Growth Rate for The Optical Goods Stores Market?
The Optical Goods Stores market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the optical goods stores market is forecasted to experience robust growth, expanding to $92.97 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%.
Factors contributing to this growth during the forecast period include the needs of an aging population, increased awareness of digital eye strain, the prevalence of eco-friendly eyewear, health and wellness trends, globalization of fashion, and a heightened emphasis on preventive eye care. The major trends to watch during the forecast period are digital transformation, telehealth and remote eye care services, the integration of smart eyewear, innovative marketing strategies, remote frame styling services, and the expansion of specialty eyewear categories.
What Factors Are Driving Growth In The Optical Goods Stores Market?
The surge in ocular diseases is anticipated to spur the expansion of the optical goods store market. Ocular disease encompasses any ailment that hampers the typical functioning of the eye or has a detrimental influence on good vision. Optical goods outlets provide eyewear products that ease the stress on the eyes caused by fatigue-related eyestrain. Furthermore, these stores can address and prevent various eye disorders and visual problems, like myopia and hypermetropia. For example, the World Health Organization, a specialized United Nations agency based in Switzerland, reported in October 2022 that a staggering 2.2 billion individuals globally are affected by near or distance vision impairment. Over 1 billion cases, which represent nearly half of all incidents, resulted in vision loss due to preventable or unattended causes. Therefore, the escalating prevalence of ocular diseases is acting as fuel to the growth of the optical goods store market.
What Are The Main Segments Of The Global Optical Goods Stores Market?
The optical goods stores market covered in this report is segmented –
1) By Product: Spectacles, Sunglasses, Contact Lenses
2) By Gender: Men, Women, Unisex
3) By Distribution Channel: E-Commerce, Brick And Mortar
Subsegments:
1) By Spectacles: Prescription Glasses, Reading Glasses, Blue Light Blocking Glasses, Safety Glasses
2) By Sunglasses: Prescription Sunglasses, Polarized Sunglasses, Fashion Sunglasses, Sports Sunglasses
2) By Contact Lenses: Soft Contact Lenses, Rigid Gas Permeable Lenses, Toric Lenses, Multifocal Lenses
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What Emerging Trends Are Influencing The Growth Of The Optical Goods Stores Market?
Industry-leading businesses in the marketplace for optical goods stores are introducing novel product concepts, such as water gradient multifocal contact lenses, to enhance cellular and immune health. These lenses are specifically crafted to manage presbyopia, an ordinary age-associated difficulty in focusing on near objects. For example, Alcon, an ophthalmology company based in Switzerland, debuted TOTAL30 Multifocal in October 2023. The standout aspect of the TOTAL30 Multifocal is its capacity to resist dryness from digital devices via a unique water gradient technology, offering almost 100% water content on the lens surface. Alcon differentiates the TOTAL30 Multifocal lenses in the market by providing their superior water gradient innovation at a more economical price, making it ideal for monthly lens replacement. With the launch of TOTAL30 Multifocal, Alcon expands the extraordinary comfort provided by water gradient technology to contact lens users with presbyopia who favor a monthly replacement plan. The lens material attains nearly 100% water at its surface, ensuring the eye is exposed only to a mild cushion of moisture.
Who Are the Key Players In The Optical Goods Stores Market?
Major companies operating in the optical goods stores market include:
• Luxottica Group S.p.A.
• Johnson & Johnson Vision
• Safilo Group S.p.A.
• Alcon
• Oakley Inc.
• The Cooper Companies Inc.
• Bausch & Lomb Incorporated
• Hoya Corporation
• Carl Zeiss AG
• Seiko Optical Products Co. Ltd.
• Zenni Optical Inc.
• Warby Parker
• Silhouette Group
• Rodenstock GmbH
• Marcolin
• Charmant Group
• De Rigo Vision S.p.A
• Fielmann AG
• JINS Inc.
• Marchon Eyewear Inc.
• Shamir Optical Industry Ltd.
• Essilor International SAS
• Vision Source
• National Vision Holdings Inc.
• MyEyeDr.
• Eyeconic
What Is The Most Dominant Region In The Optical Goods Stores Market?
North America was the largest region in the optical goods stores market in 2024. The regions covered in the optical goods stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
