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Europe Eyewear Market Share

Report ID: GMI11620
Published Date: Sep 2024
Report Format: PDF

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Europe Eyewear Market Share

The Europe eyewear industry, with prominent players, such as Carl Zeiss AG, Luxottica Group SpA, Safilo and Hoya Corporation, holds a market share of ~10%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the industry.

Europe Eyewear Market Companies

Major players operating in the Europe eyewear industry include:

Carl Zeiss
Luxottica Group
Safilo
Hoya
Cooper Companies
Johnson & Johnson Vision Care
Bausch & Lomb
Charmant Group
CIBA VISION
De Rigo Vision
Fielmann
JINS
Marchon Eyewear
QSpex Technologies
Rodenstock
Seiko Optical Products
Shamir Optical Industry
Silhouette International
Warby Parker
Zenni Optical

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market for Europe eyewear was valued at USD 55.5 billion in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2032.

Spectacles dominated the Europe eyewear business in 2023, generating USD 25.4 billion in revenue, and are expected to grow at a CAGR of 4.0% from 2024 to 2032.

The online distribution channel dominated the Europe eyewear industry in 2023, holding a 63.9% market share, with an anticipated growth at a CAGR of 4.2% from 2024 to 2032.

The U.K. led the European eyewear market in 2023, generating USD 11.8 billion in revenue, and is expected to reach USD 16.2 billion by 2032. The market thrives on strong consumer spending on fashion and premium eyewear.

Key players in the market include Carl Zeiss, Luxottica Group, Safilo, Hoya, Johnson & Johnson Vision Care, and others like Warby Parker and Zenni Optical.