Market Overview:
The global glass lenses market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for corrective eyewear, especially among the aging population. In addition, technological advancements in lens manufacturing are also contributing to the growth of this market. The global glass lenses market is segmented on the basis of type, application and region. On the basis of type, it is divided into progressive lens, single vision lens and bifocal lens. Progressive lenses are expected to witness highest growth during the forecast period owing to their ability to provide a clear view at all distances and are thus preferred by most consumers for daily use activities such as driving or reading. On the basis of application, it is segmented into application I (vision correction) and application II (protection from UV radiation). Application I dominates this market with a larger share owing to rising awareness about eye health and increasing prevalence of vision problems across different age groups globally. Regionally, North America leads this market followed by Europe due alarge numberof consumers preferring corrective eyewear in these regions .
Product Definition:
A lens is a piece of glass that is ground and polished to a precise shape, which can then be used to focus or disperse light. Glass lenses are important because they can be used to correct vision problems, such as myopia (nearsightedness) and hyperopia (farsightedness). They can also be used to protect the eyes from harmful UV radiation.
Progressive lens:
Progressive lens is a type of bifocal or trifocal lens that can be used for near, intermediate and distance vision. It comprises of three segments like two lenses in one option namely; a regular contact lens and an add on progressive lens. The progressive lenses are made up of different types of materials such as plastic, glass or hybrid material.
Single vision lens:
Single vision lens is a type of glass lens that provides clear vision in one direction. They are mainly used for reading and computer work, but can also be used for watching television or movies. These lenses are available in two forms: bifocal and trifocal.
Application Insights:
Application I includes reading, writing and related activities. Application II includes distance vision, driving and other active lifestyles. Glass lenses are preferred for these activities as they provide clear vision at all distances without the need for a reader to wear spectacles while reading or watching movies. The use of glass lenses helps in reducing myopia (near-sightedness) to some extent in children as compared with plastic lens users due to their high refractive power. However, the overall share of progressive lens is higher than that of progressive bifocal lens among all types used by readers across the globe owing to their better performance characteristics when it comes to providing both close up and distant vision simultaneously which makes them highly preferred among readers worldwide.
Regional Analysis:
North America dominated the global glass lenses market in 2017. The presence of major players, favorable reimbursement policies, and high adoption rate for new technologies are some of the factors contributing to its large share. In addition, increasing demand for cosmetic surgery procedures is also expected to drive growth during the forecast period.
Asia Pacific is expected to be one of the fastest growing regions over the forecast period owing to an increase in population and rising awareness about vision correction surgeries among people in this region. Moreover, a rise in disposable income will also contribute towards regional growth during the same period as many international companies are looking at investing their money here rather than other regions due to low labor costs and availability of skilled workforce at a cheaper cost compared with developed countries such as U.S., Canada & UK etcetera).
Growth Factors:
- Increasing demand for corrective lenses
- Rising prevalence of eye disorders and vision problems
- Growing awareness about the benefits of using glass lenses
- Technological advancements in lens manufacturing process
- Rising disposable income and changing lifestyle trends
Scope Of The Report
Report Attributes
Report Details
Report Title
Glass Lenses Market Research Report
By Type
Progressive lens, Single vision lens, Bifocal lens
By Application
Application I, Application II
By Companies
Essilor, HOYA, Luxottica, Zeiss, CHEMIGLAS, Fielmann, Hongchen Optical, Nikon, Rodenstock, Seiko Group, Shanghai Conant Optics, Shanghai Moon Optical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Glass Lenses Market Report Segments:
The global Glass Lenses market is segmented on the basis of:
Types
Progressive lens, Single vision lens, Bifocal lens
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Application I, Application II
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Essilor
- HOYA
- Luxottica
- Zeiss
- CHEMIGLAS
- Fielmann
- Hongchen Optical
- Nikon
- Rodenstock
- Seiko Group
- Shanghai Conant Optics
- Shanghai Moon Optical
Highlights of The Glass Lenses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Progressive lens
- Single vision lens
- Bifocal lens
- By Application:
- Application I
- Application II
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glass Lenses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Glass lenses are a type of lens that are made from glass. Glass lenses have many benefits over other types of lenses, including the ability to transmit more light than other types of lenses and the ability to maintain clarity and color even when used in harsh environments.
Some of the major companies in the glass lenses market are Essilor, HOYA, Luxottica, Zeiss, CHEMIGLAS, Fielmann, Hongchen Optical, Nikon, Rodenstock, Seiko Group, Shanghai Conant Optics, Shanghai Moon Optical.
The glass lenses market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glass Lenses Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Glass Lenses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Glass Lenses Market - Supply Chain
4.5. Global Glass Lenses Market Forecast
4.5.1. Glass Lenses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Glass Lenses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Glass Lenses Market Absolute $ Opportunity
5. Global Glass Lenses Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Glass Lenses Market Size and Volume Forecast by Type
5.3.1. Progressive lens
5.3.2. Single vision lens
5.3.3. Bifocal lens
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Glass Lenses Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Glass Lenses Market Size and Volume Forecast by Application
6.3.1. Application I
6.3.2. Application II
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Glass Lenses Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Glass Lenses Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Glass Lenses Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Glass Lenses Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Glass Lenses Demand Share Forecast, 2019-2026
9. North America Glass Lenses Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Glass Lenses Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Glass Lenses Market Size and Volume Forecast by Application
9.4.1. Application I
9.4.2. Application II
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Glass Lenses Market Size and Volume Forecast by Type
9.7.1. Progressive lens
9.7.2. Single vision lens
9.7.3. Bifocal lens
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Glass Lenses Demand Share Forecast, 2019-2026
10. Latin America Glass Lenses Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Glass Lenses Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Glass Lenses Market Size and Volume Forecast by Application
10.4.1. Application I
10.4.2. Application II
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Glass Lenses Market Size and Volume Forecast by Type
10.7.1. Progressive lens
10.7.2. Single vision lens
10.7.3. Bifocal lens
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Glass Lenses Demand Share Forecast, 2019-2026
11. Europe Glass Lenses Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Glass Lenses Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Glass Lenses Market Size and Volume Forecast by Application
11.4.1. Application I
11.4.2. Application II
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Glass Lenses Market Size and Volume Forecast by Type
11.7.1. Progressive lens
11.7.2. Single vision lens
11.7.3. Bifocal lens
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Glass Lenses Demand Share, 2019-2026
12. Asia Pacific Glass Lenses Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Glass Lenses Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Glass Lenses Market Size and Volume Forecast by Application
12.4.1. Application I
12.4.2. Application II
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Glass Lenses Market Size and Volume Forecast by Type
12.7.1. Progressive lens
12.7.2. Single vision lens
12.7.3. Bifocal lens
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Glass Lenses Demand Share, 2019-2026
13. Middle East & Africa Glass Lenses Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Glass Lenses Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Glass Lenses Market Size and Volume Forecast by Application
13.4.1. Application I
13.4.2. Application II
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Glass Lenses Market Size and Volume Forecast by Type
13.7.1. Progressive lens
13.7.2. Single vision lens
13.7.3. Bifocal lens
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Glass Lenses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Glass Lenses Market: Market Share Analysis
14.2. Glass Lenses Distributors and Customers
14.3. Glass Lenses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Essilor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HOYA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Luxottica
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zeiss
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CHEMIGLAS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fielmann
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hongchen Optical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nikon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rodenstock
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Seiko Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shanghai Conant Optics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shanghai Moon Optical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
