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India Eyewear Market Overview, Key Players Analysis, Emerging Opportunities, Comprehensive Research Study, Competitive Landscape and Forecast to 2030

07-22-2024 10:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Maximize Market Research Pvt. Ltd.

๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐จ๐ข๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก: ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ

๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The '๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ' is set to experience substantial growth, with projections indicating it could reach approximately USD 13.58 billion by 2030, reflecting a compound annual growth rate (CAGR) of 11.90% over the forecast period. This upward trajectory underscores the increasing demand for eyewear products across various segments, driven by a multitude of factors influencing consumer preferences and market dynamics.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/21867/

๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž:

โ€ข Base Year: 2023
โ€ข Forecast Period: 2024-2030
โ€ข Historical Data: 2018 to 2023
โ€ข Market Size in 2023: USD 6.18 Billion
โ€ข Forecasted Market Size in 2030: USD 13.58 Billion
โ€ข CAGR (2024-2030): 11.90%
โ€ข Segments Covered: Prescription Glasses, Contact Lenses, Sunglasses
โ€ข Distribution Channels: Offline, Online
โ€ข End Users: Men, Women

๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ:

Eyewear serves multiple purposes, including vision correction, protection, and fashion enhancement. In India, several key factors are propelling market growth:

1. ๐๐ซ๐ž๐ฏ๐š๐ฅ๐ž๐ง๐œ๐ž ๐จ๐Ÿ ๐Œ๐ฒ๐จ๐ฉ๐ข๐š: According to the Ministry of Health and Family Welfare, a significant portion of the Indian population is affected by myopia, which boosts the demand for corrective eyewear.
2. ๐€๐ ๐ข๐ง๐  ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง: The rise in the elderly demographic, attributed to declining birth and fertility rates, contributes to the increased need for eyewear.
3. ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž๐ ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž ๐”๐ฌ๐š๐ ๐ž: The growing use of electronic gadgets among the youth is leading to higher incidences of eye strain and other vision problems, thus driving the demand for prescription glasses and contact lenses.
4. ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ: Dust, pollution, and the trend of wearing sunglasses for both protection and fashion are further stimulating the market.
5. ๐„๐œ๐จ๐ง๐จ๐ฆ๐ข๐œ ๐š๐ง๐ ๐‹๐ข๐Ÿ๐ž๐ฌ๐ญ๐ฒ๐ฅ๐ž ๐‚๐ก๐š๐ง๐ ๐ž๐ฌ: Improved living standards, heightened healthcare awareness, and increased disposable income are also key contributors to the market's expansion.
6. ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: Innovations in eyewear technology, including the rise of smart eyewear and increased R&D investments, are expected to continue shaping the market.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐Ÿ๐จ๐ซ ๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.maximizemarketresearch.com/request-sample/21867/

๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

Product Type: In 2023, the prescription glasses segment held the largest market share and is expected to maintain its leading position due to the rising prevalence of eye disorders and increased digital device usage. Contact lenses and sunglasses are also significant segments, with demand driven by affordability and fashion trends, respectively.

Distribution Channels: Online retailing is projected to capture the largest share of the market during the forecast period. The convenience of online shopping, coupled with competitive pricing and a wide range of options, has made it a preferred choice for consumers. The rise of e-commerce platforms and digital payments, driven by the government's Digital India initiative, has further boosted online eyewear sales.

End User: The women's segment is anticipated to dominate the market, fueled by a growing preference for fashionable and premium eyewear brands. The increasing awareness of eye health, enhanced purchasing power, and a rising inclination towards luxury and branded eyewear are expected to drive this trend.

๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

North India: Holding a 35% share of the sunglasses market, North India, particularly Delhi, is poised to remain a major market player. The region's strong fashion culture, coupled with rising demand for eye protection and international brands, underscores its significant role in the eyewear market.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

Key players in the Indian eyewear market include:

1. Essilor
2. GKB High Tech
3. Carl Zeiss
4. Hoya
5. Ray-Ban
6. Maui Jim
7. Oakley
8. Vintage
9. Vogue
10. Vision Rx
11. Silk Lens
12. Sparkle
13. Biomedic 55
14. Alcon
15. Police
16. Fastrack
17. Polaroid
18. Velocity
19. Hidesign
20. Idee Eyewear

These companies are continuously innovating and expanding their product offerings to cater to the evolving needs of consumers.

๐ˆ๐ง๐๐ข๐š ๐„๐ฒ๐ž๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ:

The comprehensive analysis provided in the report presents an in-depth look at the India Eyewear Market, including historical data, current trends, and future projections. The report covers various market segments, including product types, distribution channels, and end-users, while offering insights into the competitive landscape. Key methodologies such as PORTER, SVOR, and PESTEL analyses are employed to assess the impact of micro-economic factors and industry dynamics.

The report aims to offer a clear and actionable understanding of the market, assisting stakeholders in making informed decisions and navigating the competitive landscape.

๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž ๐ญ๐จ ๐†๐š๐ข๐ง ๐ƒ๐ž๐ž๐ฉ๐ž๐ซ ๐”๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐  + ๐†๐ซ๐š๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/market-report/india-eyewear-market/21867/

๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ:

โ€ข ๐“๐ก๐ž ๐๐ข๐  ๐๐ข๐œ๐ญ๐ฎ๐ซ๐ž: Market size, overview, and key points.
โ€ข ๐Ž๐ฎ๐ซ ๐…๐จ๐œ๐ฎ๐ฌ: Specific areas, timeframe, and scope we'll explore.
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ: Who are the big businesses and up-and-comers?
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: How much money is flowing in this market?
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐ž๐š๐ค๐๐จ๐ฐ๐ง: Different types of products/services and their segments.
โ€ข ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐‚๐ก๐ž๐œ๐ค: How easy (or tough) is it to compete in this market?
โ€ข ๐–๐ก๐จ'๐ฌ ๐๐ฎ๐ฒ๐ข๐ง๐ ?: Understanding the customer base and their needs.
โ€ข ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: How does this market differ around the world?
โ€ข ๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐“๐ข๐ฆ๐ž: Making informed choices in this market.
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ก๐ข๐Ÿ๐ญ๐ฌ: What's driving changes in the market?
โ€ข ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐‹๐จ๐จ๐ค: Emerging trends that will shape the market.
โ€ข ๐“๐ก๐ž ๐’๐ž๐ฅ๐ฅ๐ž๐ซ๐ฌ: Who are the major companies selling in this market?
โ€ข ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Strengths and weaknesses of the key players.

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

โ€ข What is India Eyewear?
โ€ข What was the India Eyewear market size in 2023?
โ€ข What is the growth rate of the India Eyewear Market?
โ€ข Which are the factors expected to drive the India Eyewear market growth?
โ€ข What are the different segments of the India Eyewear Market?
โ€ข What growth strategies are the players considering to increase their presence in India Eyewear?
โ€ข What are the upcoming industry applications and trends for the India Eyewear Market?
โ€ข What are the recent industry trends that can be implemented to generate additional revenue streams for the India Eyewear Market?
โ€ข What is the demand pattern of the India Eyewear Market?
โ€ข What major challenges could the India Eyewear Market face in the future?
โ€ข What segments are covered in the India Eyewear Market?
โ€ข Who are the leading companies and what are their product portfolios in the India Eyewear Market?
โ€ข What segments are covered in the India Eyewear Market?
โ€ข Who are the key players in the India Eyewear market?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

โ€ข Past Market Size and Competitive Landscape (2018 to 2023)
โ€ข Past Pricing and price curve by region (2018 to 2023)
โ€ข Market Size, Share, Size & Forecast by Different Segment | 2023-2029
โ€ข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โ€ข Market Segmentation - A detailed analysis by segment with their sub-segments and Region
โ€ข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
โ€ข PESTLE Analysis
โ€ข PORTER's analysis
โ€ข Value chain and supply chain analysis
โ€ข Legal Aspects of Business by Region
โ€ข Lucrative business opportunities with SWOT analysis
โ€ข Recommendations

๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฅ๐ž๐ฏ๐š๐ง๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ฎ๐›๐ฃ๐ž๐œ๐ญ๐ฌ:

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10. Air Transport Usm Market https://www.maximizemarketresearch.com/market-report/global-air-transport-usm-market/44796/

๐Ž๐ฎ๐ซ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ:

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฏ๐ญ. ๐‹๐ญ๐.
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Maximize Market Research is a premier global market research and consulting firm. Specializing in delivering actionable insights across various industries, we provide comprehensive reports, custom solutions, and consulting services. With advanced research methodologies and a team of experienced analysts, we empower clients to make informed decisions and achieve sustainable growth. Whether you're a multinational corporation or a start-up, MMR is your trusted partner for navigating market dynamics and maximizing opportunities.

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๐€๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ˆ๐ง๐œ๐จ๐ฆ๐ž: The water-based resins market was estimated to be worth US$ 45.27 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.5% to reach US$ 65.85 billion by 2030. ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐–๐š๐ญ๐ž๐ซ-๐๐š๐ฌ๐ž๐ ๐‘๐ž๐ฌ๐ข๐ง๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: The water-based resins market is experiencing significant growth, driven by increasing environmental regulations and a shift towards sustainable and eco-friendly products. These resins, which use water as aโ€ฆ
Water-Based Inks Market Projected to Grow at 7.2 Percentage CAGR, Reaching Nearly $21.72 Billion by 2030
09-03-2024 | Chemicals & Materials
MAXIMIZE MARKET RESEARCH PVT. LTD.
Water-Based Inks Market Projected to Grow at 7.2 Percentage CAGR, Reaching Nearl โ€ฆ
๐€๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ˆ๐ง๐œ๐จ๐ฆ๐ž: During the forecast period, the water-based inks market is estimated to grow at a compound annual growth rate of 7.2%, with a projected market value of about US$ 21.72 billion by 2030. ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐–๐š๐ญ๐ž๐ซ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: The water-based inks market has seen significant growth due to increasing environmental awareness and stricter regulations on solvent-based inks. These inks, made primarily from water and pigments or dyes, offer aโ€ฆ
Water and Wastewater Treatment Equipment Market Projected to Reach US$ 62.36 Billion by 2030, Driven by Growth in Membrane Separation Technologies
09-03-2024 | Chemicals & Materials
MAXIMIZE MARKET RESEARCH PVT. LTD.
Water and Wastewater Treatment Equipment Market Projected to Reach US$ 62.36 Bil โ€ฆ
๐€๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ˆ๐ง๐œ๐จ๐ฆ๐ž: Because of the expansion of the membrane separation market, the water and wastewater treatment equipment market is projected to reach US$ 62.36 billion by 2030. The report examines end-user industries and market dynamics by region. ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐–๐š๐ญ๐ž๐ซ ๐š๐ง๐ ๐–๐š๐ฌ๐ญ๐ž๐ฐ๐š๐ญ๐ž๐ซ ๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: The water and wastewater treatment equipment market is a dynamic sector driven by increasing concerns over water quality and environmental sustainability. This market encompasses aโ€ฆ
VRF System Market Projected to Grow from USD 25.25 Billion in 2023 to USD 58.68 Billion by 2030, with a CAGR of 12.8 Percentage
09-03-2024 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
VRF System Market Projected to Grow from USD 25.25 Billion in 2023 to USD 58.68 โ€ฆ
๐€๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ˆ๐ง๐œ๐จ๐ฆ๐ž: The market for VRF systems was estimated to be worth USD 25.25 billion in 2023, and from 2024 to 2030, total revenue is predicted to increase at a compound annual growth rate (CAGR) of 12.8%, almost reaching USD 58.68 billion. ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐•๐‘๐… ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ: The VRF (Variable Refrigerant Flow) system market is a dynamic sector within the HVAC (heating, ventilation, and air conditioning) industry, characterized by theโ€ฆ

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