Eyewear Market size was valued at USD 115.49 billion in 2024 and is expected to exceed USD 287.47 billion by the end of 2037, registering over 7.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of eyewear is evaluated at USD 122.23 billion.
The growth of the market can be attributed to increasing prevalence of vision abnormality. According to the World Health Organization, near-sightedness or farsightedness affects at least 2.2 billion individuals worldwide. Vision impairment was either avoidable in at least 1 billion of these cases, or it has not yet been remedied.
Also people have become more aware about ocular disease. However, eyes abnormalities are most commonly seen in adults aged 40 or more. More than 4.2 million Americans over the age of 40 have impaired vision or are legally blind. Hence owing to this the market is expected to grow over the forecast period.
Author Credits: Radhika Pawar
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