According to Markntel Advisors Report, Luxury Eyewear Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Luxury eyewear is more than a functional accessory. It is a mark of impeccable craftsmanship and design. Luxury eyewear showcases the statement of style, taste, and fashion of the wearer. Moreover, it allows the wearer to feel that they possess a unique style and are now part of the select few.
Global Luxury Eyewear Market Research Report Summary:
The China Luxury Eyewear Market size was valued at around USD 0.87 billion in 2024 and is projected to reach USD 1.33 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.02% during the forecast period, i.e., 2025-30.
Time Period Captured in the Report:
- Historical Years: 2020-2023
- Base Years: 2024
- Forecast Years: 2025-2030
Who are the Key Players Operating in the Luxury Eyewear Market?
The top companies of the Luxury Eyewear Market ruling the industry are:
Chinatown Optical Group, Gentle Monster, Puyi Opticals, Kering Eyewear, Mujosh, Mantra Eyewear, Essilor Luxottica, Carl Zeiss, Matsuda, Safilo Group, Luxury Eyesight, Bausch Lomb, Silhouette and Others.
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What is Included in Luxury Eyewear Market Segmentation?
The Luxury Eyewear Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Product Type
-Eyeglasses
-Prescription Glasses- Market Size Forecast 2020-2030, (USD Million)
-Fashion Eyewear- Market Size Forecast 2020-2030, (USD Million)
-Reading Glasses- Market Size Forecast 2020-2030, (USD Million)
-Computer Glasses- Market Size Forecast 2020-2030, (USD Million)
-Sunglasses
-Designer Sunglasses- Market Size Forecast 2020-2030, (USD Million)
-Fashion Sunglasses- Market Size Forecast 2020-2030, (USD Million)
-Contact Lenses- Market Size Forecast 2020-2030, (USD Million)
-By Glass Type
-Polaroid- Market Size Forecast 2020-2030, (USD Million)
-Non-Polaroid- Market Size Forecast 2020-2030, (USD Million)
-By Gender
-Men- Market Size Forecast 2020-2030, (USD Million)
-Women- Market Size Forecast 2020-2030, (USD Million)
-Unisex- Market Size Forecast 2020-2030, (USD Million)
-Kids- Market Size Forecast 2020-2030, (USD Million)
-By Age Group
-(2 – 10) Years- Market Size Forecast 2020-2030, (USD Million)
-(11 – 17) Years- Market Size Forecast 2020-2030, (USD Million)
-(18 - 24) Years- Market Size Forecast 2020-2030, (USD Million)
-(25 – 40) Years- Market Size Forecast 2020-2030, (USD Million)
-(41 – 56) Years- Market Size Forecast 2020-2030, (USD Million)
-(57+) Years- Market Size Forecast 2020-2030, (USD Million)
-By Price Range
-USD 100 – 300- Market Size Forecast 2020-2030, (USD Million)
-USD 301 – 500- Market Size Forecast 2020-2030, (USD Million)
-USD 501 – 700- Market Size Forecast 2020-2030, (USD Million)
-USD 701 – 900- Market Size Forecast 2020-2030, (USD Million)
-Greater than () USD 900- Market Size Forecast 2020-2030, (USD Million)
-By Distribution Channels
-Online- Market Size Forecast 2020-2030, (USD Million)
-Offline- Market Size Forecast 2020-2030, (USD Million)
-High-End Department Stores- Market Size Forecast 2020-2030, (USD Million)
-Exclusive Brand Boutique- Market Size Forecast 2020-2030, (USD Million)
-Optical Retailers- Market Size Forecast 2020-2030, (USD Million)
-Luxury Retail Chains- Market Size Forecast 2020-2030, (USD Million)
-Others (Hospitals Clinics)- Market Size Forecast 2020-2030, (USD Million)
-By Size
-Small- Market Size Forecast 2020-2030, (USD Million)
-Medium- Market Size Forecast 2020-2030, (USD Million)
-Large- Market Size Forecast 2020-2030, (USD Million)
-By Frame Material
-Metal- Market Size Forecast 2020-2030, (USD Million)
-Plastic Fiber- Market Size Forecast 2020-2030, (USD Million)
-By Eyewear Shape
-Rectangle- Market Size Forecast 2020-2030, (USD Million)
-Square- Market Size Forecast 2020-2030, (USD Million)
-Circle- Market Size Forecast 2020-2030, (USD Million)
-Others- Market Size Forecast 2020-2030, (USD Million)
-By Frame Type
-Rimmed- Market Size Forecast 2020-2030, (USD Million)
-Rimless- Market Size Forecast 2020-2030, (USD Million)
-Semi-Rimmed- Market Size Forecast 2020-2030, (USD Million)
-By Region
-North China
-North Eastern China
-East China
-South Central China
-South Western China
-North Western China
Explore the Complete Luxury Eyewear Market Analysis Report – https://www.marknteladvisors.com/research-library/china-luxury-eyewear-market.html
China Luxury Eyewear Market Driver:
Myopia Epidemic in the Chinese Population – China has massive digital infrastructure in the country. The country has over a billion internet users as of January 2024. Since the COVID-19 pandemic and the introduction of online education, students in China have spent significant time in front of the screen. This led to the proliferation of myopia cases in China. In 2022, the National Disease Control and Prevention Administration of China (NDCPA) reported that over 50% of the population below age 20 had myopia. Upon delving further into it, the myopia rate was significantly high for junior and senior high school students, amounting to 71.4% and 81.2%, respectively. The unfolding of such scenarios has led to an increasing demand for luxury prescription glasses in the country.
China Luxury Eyewear Market Opportunity:
Expansion of Social E-Commerce in China – As per the China Internet Network Information Centre (CNNIC), in December 2023, China had over 75% internet penetration and nearly 100% smartphone penetration in China. On top of that, more than one billion Chinese have active social media accounts, with about 48 percent females and the rest males in 2024, as per DataReportal. Moreover, the Chinese spend a significant time on social media. For example, as per CNNIC, it was found that an average internet user in China had spent nearly 30 hours online per week during the first half of 2022. This is a three-hour increase compared with the previous year. Further, 96.4% of internet users were spending considerable time on short video applications like; TikTok and Douyin.
The wide usage of social media creates a vibrant influencer culture that significantly influences purchasing decisions online. For example, in 2023, CNNIC reported that nearly 55% of the country's internet population purchases on livestreams. Social commerce, thus presents a massive opportunity to fuel the demand for luxury eyewear in China.
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