Eyewear Market Size forecast to reach USD 165 Billion by 2022: Global Market Insight Zack Smith Jersey , Inc. Health Articles | May 17, 2016
Market Size - $ 96.49 Billion in 2014, Market Growth - CAGR of 7.0% Tom Pyatt Jersey , Market Trends – Prescription eyewear market witnessing steady adoption
Eyewear Market Size聽is projected to reach USD 165 Billion by 2022, as per a new research report by Global Market Insights, Inc. Growing visual inaccuracies coupled with increased awareness regarding vision correction is expected to provide a fillip to eyewear market growth.聽
Browse In-depth Research Report on Global Eyewear Market with detailed charts and figures:
While spectacles remain the dominant mode of correction Bobby Ryan Jersey , contact lenses are expected to witness growth on account of benefits such as aesthetic appeal and growing availability of modalities.
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Increased corrective surgeries and prescription contact lenses demand is expected to favorably impact plano sunglasses market growth. Spectacle lenses shipments and revenue is estimated to benefit from replacement demand as well as growing global preference for high quality lenses.聽 Rising incidences of ophthalmic disorders as well as aging population are also considerable factors fueling eyewear market size.聽
High-end sunglasses are expected to be the key revenue contributor to the non-corrective segment, since these products retail at high prices. The plano sunglasses ecosystem is characterized with high focus on establishing a profitable distribution channel, with industry giant Luxottica practicing vertical integration along its supply chain.
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Key insights from the report include:
Global eyewear market size was 2.88 Billion units in 2014 Kyle Turris Jersey , which is expected to reach 3.77 Billion units by 2022, at a CAGR of 3.5% over the forecast period. Pricing varies widely on the basis of product, with spectacles and plano sunglasses dominating eyewear market share in term of revenue. 聽 Polarized sunglasses market is expected to grow faster than the overall average Chris Wideman Jersey , driven by increased awareness among consumers. CR-39 and polycarbonate are expected to continue accounting for majority of the overall volume and revenue over the forecast period. 聽 Growing contact lenses market size can be attributed to high soft lenses demand. Additionally, growing preference for daily disposable lenses on account of ease-of-use and lower costs over the long term is a key contributor to forecasted consumption. In terms of revenue, RGP contact lenses market is expected to grow at a CAGR of 5% from 2015 to 2022. 聽 The eyewear industry is oligopolistic in nature Dion Phaneuf Jersey , with high degree of brand loyalty witnessed in the contact lenses and plano sunglasses segments. Key contact lens manufacturers include Johnson & Johnson, Bausch & Lomb, CooperVision Mike Condon Jersey , etc. Luxottica and Safilo dominate plano sunglasses market share; other notable companies include De Rigo, Marcolin, etc.
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BRATISLAVA， June 25 (Xinhua) -- Newcomer Slovakia reached the last-16 at Euro 2016 and will face very tough opponent， ruling world champion Germany. Slovak fans and players hope for win against them.
""Our heart， courage and willingness could help us to a good result. Germany is one of the top teams， great favourite， but we want to surprise them，"" said right full back Peter Pekarik， player of German Bundesliga team， Hertha Berlin， who knows very well the majority of German players.
""We know and respect the qualities of Mesut Ozil， Julian Draxler or Mario Gotze. But we hope that our coach set again a good tactics on Germany，"" pointed out Pekarik， refer to a friendly match in Augsburg， two weeks before Championship， where Slovakia beat Germany 3-1.
Coach Jan Kozak don't give any importance to the last match. He knows that Germany have played in France strong and won Group C without any goal in its net. They beat Ukraine 2-0， Northern Ireland 1-0 and had a draw with Poland 0-0.
""A very tough match is in front of us. Germany has an experienced and excellent team with several stars，"" said Kozak. His team finished on third place in Group B after losing to Wales 1-2， beating Russia 2-1 and drawing with England 0-0.
Slovakia have shown very solid defense with strong performance of goalkeeper Kozacik， who denied more than ten English shots in the decisive game of the group. Defenders Martin Skrtel， Jan Durica， Tomas Hubocan and Peter Pekarik belong to the best defensive line in the Euro 2016. Slovak offensive play is built on the captain of SSC Napoli， Marek Hamsik. The midfielder with typical punk haircut scored wonderful winning goal against Russia and his performance will be crucial for potential Slovak success against Germany.
The game will come in Sunday evening in Lille， the lucky city for Slovakia after win against Russia. Pekarik said that this match could decide by one goal.
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