Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Luxury Eyewear Market by Type (Nearsighted Glasses, Hyperopia Glasses, Anti-Radiation Glasses, Decorative Glasses, Other), By Application (Children, Adults) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Luxury Eyewear Market by Type (Nearsighted Glasses, Hyperopia Glasses, Anti-Radiation Glasses, Decorative Glasses, Other), By Application (Children, Adults) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139345 3300 Consumer Goods 377 235 Pages 4.5 (48)

Market Overview:

The global luxury eyewear market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for luxury eyewear among adults and children, rising awareness about eye health, and technological advancements in the eyewear industry. The global luxury eyewear market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into nearsighted glasses, hyperopia glasses, anti-radiation glasses, decorative glasses, and other types of luxury eyewear. On the basis of application, the market is segmented into children’s applications and adult applications. The North America region dominates this market followed by Europe due to high disposable income levels in these regions coupled with rising awareness about eye health among consumers in these regions.

Global Luxury Eyewear Industry Outlook

Product Definition:

Luxury eyewear is a term used to describe high-end, expensive sunglasses and eyeglasses. Luxury eyewear is often made with premium materials, such as gold or platinum, and can be quite costly. Some people believe that wearing luxury eyewear can help them look more fashionable and affluent.

Nearsighted Glasses:

Nearsighted glasses are a type of eyewear that was initially designed for people who have difficulty in using normal vision because of some disability or the other. The main purpose behind these types of glasses is to provide the user with an enhanced field of view as compared to standard eye sighted person. Nearsighted Glasses come with various benefits such as increased peripheral vision, better accuracy while aiming, improved reaction time and so on and so forth.

Hyperopia Glasses:

Hyperopia glasses are used for the treatment of nearsightedness and myopia. The main function of these lenses is to increase the focal length, which makes objects appear closer than they actually are. Hyperopia is a hereditary condition that affects both males and females at an equal rate. It has been observed that people with parents suffering from hyperopia have a higher probability of developing this eye disorder themselves.

Application Insights:

Adults segment held the largest share of over 70.0% in 2017. Rising geriatric population base and increasing number of myopia cases are the major factors driving the adults application segment. Growing awareness regarding vision correction is also a key factor for this growth as most of the people prefer reading or writing instead of wearing spectacles due to some limitations with their eyesight, thus they opt for luxury eyewear which corrects myopia and other refractive errors at an affordable price range.

The children application segment is expected to grow at a significant rate during forecast years owing to rising awareness about eye health among parents and schools, increasing availability & affordability of glasses, growing preference towards colorful frames that kids like along with games played on smartphones & tablets that encourage kids to use these devices more often than necessary resulting in shorter breaks from activities leading towards higher need for corrective eyewear especially pertaining to myopia or hyperopia correction among children globally which will further boost market growth during future period.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well, owing to growing demand for technologically advanced products and increasing disposable income of consumers. Moreover, high awareness regarding nearsightedness among a large population in this region is driving regional growth.

Asia Pacific luxury eyewear market is anticipated to grow at a lucrative rate over the forecast period due to rapid urbanization and developing economy in countries such as China and India. Growing purchasing power of consumers will also drive regional growth during the estimated time span.

Europe was valued at USD X million in 2017; hence it occupies a significant share within the industry rankings table too.

Growth Factors:

  • Increasing disposable income of consumers: The growth in the luxury eyewear market is mainly attributed to the increase in disposable income of consumers, especially in developing countries. This has led to an increase in demand for high-end and designer eyewear products.
  • Growing popularity of luxury brands: There is a growing trend among consumers to purchase luxury branded products, including eyewear. This has helped boost the sales of luxury eyewear brands and encouraged new players to enter this market segment.
  • Rising awareness about eye health: Consumers are becoming more aware about the importance of eye health and are increasingly investing in quality sunglasses and prescription glasses to protect their eyes from harmful UV radiation and other environmental factors.
  • Innovative product offerings: Luxury eyewear manufacturers are constantly introducing new designs, styles, materials, and features into their product lines in order to appeal to a wider audience base and differentiate themselves from their competitors.

Scope Of The Report

Report Attributes

Report Details

Report Title

Luxury Eyewear Market Research Report

By Type

Nearsighted Glasses, Hyperopia Glasses, Anti-Radiation Glasses, Decorative Glasses, Other

By Application

Children, Adults

By Companies

Derigo, Eyetec, Marchon, Marcolin, MIRARI, OAKLEY, OPTEC JAPAN CORPORATION, Safilo

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Luxury Eyewear Market Report Segments:

The global Luxury Eyewear market is segmented on the basis of:


Nearsighted Glasses, Hyperopia Glasses, Anti-Radiation Glasses, Decorative Glasses, Other

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.


Children, Adults

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:

  1. Derigo
  2. Eyetec
  3. Marchon
  4. Marcolin
  8. Safilo

Global Luxury Eyewear Market Overview

Highlights of The Luxury Eyewear Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Nearsighted Glasses
    2. Hyperopia Glasses
    3. Anti-Radiation Glasses
    4. Decorative Glasses
    5. Other
  1. By Application:

    1. Children
    2. Adults
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Luxury Eyewear 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

Global Luxury Eyewear Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Luxury eyewear is a type of eyewear that is typically more expensive than other types of eyewear. Luxury eyewear can be made from a variety of materials, including metal, plastic, and glass. Some luxury eyeglasses may also have features such as high quality lenses and scratch resistant surfaces.

Some of the major players in the luxury eyewear market are Derigo, Eyetec, Marchon, Marcolin, MIRARI, OAKLEY, OPTEC JAPAN CORPORATION, Safilo.

The luxury eyewear market is expected to grow at a compound annual growth rate of 6.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Luxury Eyewear 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. Luxury Eyewear Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Luxury Eyewear Market - Supply Chain
   4.5. Global Luxury Eyewear Market Forecast
      4.5.1. Luxury Eyewear Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Luxury Eyewear Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Luxury Eyewear Market Absolute $ Opportunity

5. Global Luxury Eyewear 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. Luxury Eyewear Market Size and Volume Forecast by Type
      5.3.1. Nearsighted Glasses
      5.3.2. Hyperopia Glasses
      5.3.3. Anti-Radiation Glasses
      5.3.4. Decorative Glasses
      5.3.5. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Luxury Eyewear 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. Luxury Eyewear Market Size and Volume Forecast by Application
      6.3.1. Children
      6.3.2. Adults
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Luxury Eyewear 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. Luxury Eyewear 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 Luxury Eyewear 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. Luxury Eyewear 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 Luxury Eyewear Demand Share Forecast, 2019-2029

9. North America Luxury Eyewear 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 Luxury Eyewear 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 Luxury Eyewear Market Size and Volume Forecast by Application
      9.4.1. Children
      9.4.2. Adults
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Luxury Eyewear Market Size and Volume Forecast by Type
      9.7.1. Nearsighted Glasses
      9.7.2. Hyperopia Glasses
      9.7.3. Anti-Radiation Glasses
      9.7.4. Decorative Glasses
      9.7.5. Other
   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 Luxury Eyewear Demand Share Forecast, 2019-2029

10. Latin America Luxury Eyewear 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 Luxury Eyewear 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 Luxury Eyewear Market Size and Volume Forecast by Application
      10.4.1. Children
      10.4.2. Adults
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Luxury Eyewear Market Size and Volume Forecast by Type
      10.7.1. Nearsighted Glasses
      10.7.2. Hyperopia Glasses
      10.7.3. Anti-Radiation Glasses
      10.7.4. Decorative Glasses
      10.7.5. Other
   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 Luxury Eyewear Demand Share Forecast, 2019-2029

11. Europe Luxury Eyewear 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 Luxury Eyewear 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 Luxury Eyewear Market Size and Volume Forecast by Application
      11.4.1. Children
      11.4.2. Adults
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Luxury Eyewear Market Size and Volume Forecast by Type
      11.7.1. Nearsighted Glasses
      11.7.2. Hyperopia Glasses
      11.7.3. Anti-Radiation Glasses
      11.7.4. Decorative Glasses
      11.7.5. Other
   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 Luxury Eyewear Demand Share, 2019-2029

12. Asia Pacific Luxury Eyewear 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 Luxury Eyewear 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 Luxury Eyewear Market Size and Volume Forecast by Application
      12.4.1. Children
      12.4.2. Adults
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Luxury Eyewear Market Size and Volume Forecast by Type
      12.7.1. Nearsighted Glasses
      12.7.2. Hyperopia Glasses
      12.7.3. Anti-Radiation Glasses
      12.7.4. Decorative Glasses
      12.7.5. Other
   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 Luxury Eyewear Demand Share, 2019-2029

13. Middle East & Africa Luxury Eyewear 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 Luxury Eyewear 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 Luxury Eyewear Market Size and Volume Forecast by Application
      13.4.1. Children
      13.4.2. Adults
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Luxury Eyewear Market Size and Volume Forecast by Type
      13.7.1. Nearsighted Glasses
      13.7.2. Hyperopia Glasses
      13.7.3. Anti-Radiation Glasses
      13.7.4. Decorative Glasses
      13.7.5. Other
   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 Luxury Eyewear Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Luxury Eyewear Market: Market Share Analysis
   14.2. Luxury Eyewear Distributors and Customers
   14.3. Luxury Eyewear Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Derigo Overview Financials Developments Strategic Outlook
      14.4.2. Eyetec Overview Financials Developments Strategic Outlook
      14.4.3. Marchon Overview Financials Developments Strategic Outlook
      14.4.4. Marcolin Overview Financials Developments Strategic Outlook
      14.4.5. MIRARI Overview Financials Developments Strategic Outlook
      14.4.6. OAKLEY Overview Financials Developments Strategic Outlook
      14.4.7. OPTEC JAPAN CORPORATION Overview Financials Developments Strategic Outlook
      14.4.8. Safilo Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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