Report Code: A14400 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Glasses Frame Market
Request Now !Eyewear contains items that are worn over the eyes for vision correction or to protect eyes from debris, dangerous radiations or excessive light. Growing visual impairments and the necessity for proper eyesight has resulted in rising demand for eyeglasses. Today, the millennial rely more on digital gadgets including computers, video games, mobile smart phones and more. The prevalence of eye disturbance has grown by spending long hours on these devices. The increased demand for eyewear had induced an increase in the sales of the glasses frame. The rising lifespan, the growing elderly population and shifting trends have contributed significantly to the need for fashionable eyeglass frames. In such cases, consumers will not only utilize glass frames to improve eye health, and also improve their appearance. The glass framework market had a largely unfavourable influence with the emergence of the COVID-19 pandemic. Eyewear is vital for everyday use, still, the customer has not chosen to purchase glass frames to match the new trends instead they opt to buy the glass frames when it was necessary.
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Consumers’ opting for Laser Surgery is Hampering the Glasses Frame Market
The growing use of laser operations worldwide is anticipated to impede the expansion of eyeglasses in the market due to technological developments. Recent studies show that in situ laser-assisted keratomileuses (LASIK) have a 99% vision success rate and a 90% vision success rate or greater at 20/20 vision. The increasing usage of laser operations is therefore anticipated to reduce the eyewear market growth. In vigorous activity, eyewear is unacceptable and some people find glasses unpleasant and uncomfortable or ugly that will prevent the expansion of eyewear on the market. In addition, eyeglasses may be lost or broken or fogged by cold or wet weather which is predicted to reduce eyewear usage, therefore impeding market growth over the projection period.
Omni-channel Strategy Usage has encouraged the Sales of Glass Frames during the COVID-19 pandemic
Glass frames are sold in brick and mortar stores. Currently, companies are adapting to brick and click services for their consumers. The introduction of e-commerce services is encouraging both company and consumer. Consumers have an option to explore more products according to their criteria. The company is expected to identify the want of the consumers and update accordingly. It will be a win-win situation for the companies as well as for the consumers. Companies like Lenskart have provided clients with the virtual try-on function, which will enable them to see how the frame is being worn. The virtual trial function is achievable with the aid of artificial intelligence (AI).
Key Benefits of the Report
Questions Answered in the Report
Glasses Frame Market Report Highlights
Aspects | Details |
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By Frame Type |
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By Shape |
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By Material |
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By Price Point |
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By End User |
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By Distribution Channel |
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By Region |
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Key Market Players | Capri Holdings Limited., Oakley, Inc., Safilo Group S.p.A, Burberry Group Plc, Alcon Laboratories, Inc., Essilor International S.A, Liz Claiborne, Inc, Tory Burch LLC., Johnson & Johnson Vision Care Inc, Luxottica Group S.p.A |
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