Eye Wear Market among the growing regions in the global eyewear market covering more than 1/3rd of the market and also one of the largest countries, majorly focusing on growth and development. French multinational company EssilorLuxottica, specializing in ophthalmic lenses, frames and sunglasses, is contemplating an expansion of its presence in India, driven by the country's promising market potential. The company currently operates across more than 450 Indian cities and it aims to deepen partnerships with eye care professionals and joint venture partners by investing in visual solutions.
Market Dynamics
E-commerce platforms offer convenient shopping options for eyewear consumers can buy from anywhere and at any time. Customers have a wide variety of eyewear options also they can compare prices and make purchases with just a few clicks. The accessibility factor has greatly contributed to the growth of eyewear in e-commerce. Some e-commerce platform like Lenskart offers virtual trail and so that customer can visualize themselves.
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Market Segment Analysis
The global Eyewear is segmented based on product, distribution channel, end-user and region.Rise in Adoption of Specialized Eyewear for Digital Eye StrainVarious advancements in lens materials, coatings and manufacturing processes have significantly improved the quality and comfort of eyewear. The widespread use of digital devices like smartphones, tablets and computers has resulted in an increase in eye strain and digital eye fatigue. Due to these factors there is a rise in the adoption of specialized eyewear, such as blue light-blocking lenses, which help reduce the negative effects of prolonged screen time on eye health.
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Competitive Landscape
The major global players in the market include Johnson & Johnson Vision Care, Inc., EssilorLuxottica, CooperVision, Zeiss Group, Bausch & Lomb Incorporated, Safilo Group S.p.A, Charmant Group, Alcon, De Rigo Vision S.p.A and Marcolin.
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