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North America Eyewear Market Expected to Grow with a CAGR of 2.4% During the Forecast Period, 2019-2024 - ResearchAndMarkets.com

January 20, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 20, 2020--

The “North America Eyewear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

Looking forward, the publisher expects the market to reach a value of US$ 47.7 Billion by 2024, registering a CAGR of 2.4% during 2019-2024.

The North America eyewear market reached a value of US$ 41.4 Billion in 2018. Eyewear comprises accessories which are worn on or over the eyes for various reasons, such as protection against the environment, as an adornment or to improve visual acuity. The lenses of eyewear can be made from different materials, such as optical fiber and glass. On the other hand, frames are generally available in metal and plastic. At present, an increase in the usage of electronic gadgets has led to the prevalence of eyesight related problems, which is boosting the overall sales of eyewear products.

North America eyewear market is currently being driven by several factors. The high per capita incomes, coupled with the altering fashion trends and preferences for luxury products, have propelled the eyewear market growth in the region. On account of this, manufacturers are introducing a diverse range of frames, keeping in mind the different requirements and preferences of the consumers. Additionally, the changing lifestyles of consumers and technological advancements in the industry have resulted in the launch of innovative products, such as smart glasses with liquid lenses, removable temples, laser glasses, and pediatric glasses. Apart from this, a surge in the number of optical deficiencies in the geriatric population has increased the demand for eyewear products in the region.

Key Questions Answered in This Report:

Report Coverage:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Eyewear Market

5.1 Market Performance

5.2 Market Breakup by Product

5.3 Market Breakup by Gender

5.3 Market Breakup by Distribution Channel

5.4 Market Breakup by Region

5.5 Market Forecast

6 North America Eyewear Market

6.1 Market Performance

6.2 Market Forecast

7 North America Eyewear Market: Breakup by Product

7.1 Spectacles

7.2 Sunglasses

7.3 Contact lenses

8 North America Eyewear Market: Breakup by Gender

8.1 Men

8.2 Women

8.3 Unisex

9 North America Eyewear Market: Breakup by Distribution Channel

9.1 Optical Stores

9.2 Independent Brand Showrooms

9.3 Online Stores

9.4 Retail Stores

10 North America Eyewear Market: Breakup by Country

10.1 United States

10.1.1 Historical market Trends

10.1.2 Market Breakup by Product

10.1.3 Market Breakup by Gender

10.1.4 Market Breakup by Distribution Channel

10.1.5 Market Forecast

10.2 Canada

10.2.1 Historical market Trends

10.2.2 Market Breakup by Product

10.2.3 Market Breakup by Gender

10.2.4 Market Breakup by Distribution Channel

10.2.5 Market Forecast

11 SWOT Analysis

11.1 Overview

11.2 Strengths

11.3 Weaknesses

11.4 Opportunities

11.5 Threats

12 Value Chain Analysis

12.1 Overview

12.2 Research and Development

12.3 Raw Material Procurement

12.4 Manufacturing

12.5 Marketing

12.6 Distribution

12.7 End-Use

13 Porter’s Five Forces Analysis

13.1 Overview

13.2 Bargaining Power of Buyers

13.3 Bargaining Power of Suppliers

13.4 Degree of Rivalry

13.5 Threat of New Entrants

13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/i8p92w

View source version on businesswire.com:https://www.businesswire.com/news/home/20200120005437/en/

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SOURCE: Research and Markets

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PUB: 01/20/2020 12:15 PM/DISC: 01/20/2020 12:15 PM