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Europe Eyewear Market Trends

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

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Europe Eyewear Market Trends

As screen time continues to increase due to digital device usage, there has been a significant rise in demand for blue light-blocking eyewear across Europe. These specialized lenses help mitigate eye strain caused by extended exposure to blue light emitted from digital screens, which has become a common concern among both working professionals and students. The shift toward remote work and online education has further accelerated this trend, making blue light-blocking glasses a popular choice for individuals looking to protect their eyes from digital fatigue.

At the same time, growing environmental awareness has led to a surge in demand for sustainable eyewear. Many brands are now embracing eco-friendly materials, such as recycled plastics, biodegradable acetate, and natural resources like wood and bamboo, to create environmentally conscious eyewear collections. This move is appealing to the increasing number of consumers who prioritize sustainability in their purchasing decisions.

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.