A recent report by Future Market Insights suggests the
kids' eyewear market is poised for significant growth, fueled by
rising demand for specialty eyewear, the convenience of e-commerce
in emerging markets, and growing parental interest in customization
and eye health awareness. Subscription models and smart eyewear
with advanced features are emerging trends that will further propel
the market forward, with companies that cater to regional
preferences and embrace innovation standing to gain a competitive
edge.
NEWARK, Del., April 18, 2024 /PRNewswire/ -- The
global kids' eyewear market will reach a valuation of
US$ 37.7 billion in 2024,
attributed to factors such as increasing adoption of specialty
eyewear. The trend is set to create new opportunities for the
market, leading to a projected CAGR of 7.4% between 2024 and
2034, and reaching a total valuation of approximately
US$ 77.0 billion by 2034.
Download the Sample PDF report to explore key market
insights and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-19506
The growth of e-commerce in emerging markets presents
significant opportunities for companies to reach a wider audience
of parents looking for quality eyewear options for their children.
Online platforms can offer greater accessibility and convenience,
particularly in regions with limited access to physical retail
stores.
Parents are increasingly seeking customizable and personalized
options for eyewear of their children, including frame styles,
colors, and even prescription lens designs. Companies offering
customization services can capitalize on this trend to
differentiate themselves in the market.
Investing in educational initiatives and awareness campaigns
about the importance of eye health and regular vision screenings
for children can help stimulate demand for kids' eyewear. Eyewear
companies, by educating parents and caregivers, can position
themselves as advocates for the vision health and gain consumer
trust of the children.
Cultural preferences and regional trends play a significant role
in shaping the demand for kids' eyewear. Companies that understand
and cater to the unique preferences of different cultural and
regional markets can effectively tailor their products and
marketing strategies to drive sales.
Subscription and rental models for kids' eyewear are gaining
popularity, offering parents a cost effective and convenient way to
access a variety of eyewear options for their children. Companies
adopting these models can capitalize on recurring revenue streams
and customer loyalty.
Advancements in technology are leading to the integration of
smart features into eyewear, such as augmented reality displays,
activity tracking, and interactive learning applications.
Report Scope
Attribute
|
Details
|
Estimated Market
Size in 2024
|
US$ 37.7
billion
|
Projected Market
Valuation in 2034
|
US$ 77.0
billion
|
Value-based CAGR
2024 to 2034
|
7.4 %
|
Forecast
Period
|
2024 to 2034
|
Historical Data
Available for
|
2019 to 2023
|
Market
Analysis
|
Value in US$
billion
|
Key Market Segments
Covered
|
By Type:
- Prescription Glasses
- Non Prescription Glasses
By Material Type:
By Sales Channel:
- Direct Sales
- Hypermarkets/Supermarkets
- Specialty Stores (Optical Stores)
- Franchise Outlets
- Hospitals/Clinics
- Online
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- The Middle East and Africa
|
Key Countries
Profiled
|
- The United States
- Canada
- Brazil
- Mexico
- Germany
- France
- France
- Spain
|
- Italy
- Russia
- Poland
- Czech Republic
- Romania
- India
- Bangladesh
- Australia
|
- New Zealand
- China
- Japan
- South Korea
- GCC countries
- South Africa
- Israel
|
Key Coverage in the
Kids' Eyewear Industry Report
|
- Kids' eyewear trends
- Children's eyewear market analysis
- Pediatric eyewear industry insights
- Youth eyewear market dynamics
- Kid-friendly eyeglasses trends
- Adult Eyewear Market
- Teen Eyewear Market
- Sports Eyewear Market
|
Key Takeaways from the Market Study
- Global kids' eyewear market was valued at US$ 35.2 billion in 2023.
- From 2019 to 2023, the market demand expanded at a CAGR of
6.8%.
- The market in India to expand
at a CAGR of 10.3% through 2034.
- By type, the prescription segment to account for a share of
63.0% in 2024.
- The market in China will
expand at a CAGR of 9.5% through 2034.
- In terms of material type, the plastic segment to account for a
share of 53.0% in 2024.
"Companies embracing these technologies can offer innovative
eyewear solutions that appeal to tech savvy parents and children,"
says Sneha Varghese (Senior
Consultant, Consumer Products & Goods at Future Market
Insights, Inc.).
Competitive Landscape
Prominent players in the kids' eyewear market are Miraflex,
Zenni Optical, Jonas Paul Eyewear, JCPenney Optical, Nano Vista,
Rudy Project, SwissFlex Kids, Oakley Youth, Ray-Ban Junior, Marchon NYC Kids, Nike Kids
Vision, Flexible Eyeglasses, Pepper's Eyeware Kids, Progear
Eyeguard, and Tomato Glasses, among others.
Company Portfolio
- Jonas Paul Eyewear focuses on providing fashionable and durable
eyewear specifically designed for children. Their frames are
crafted with lightweight materials and feature flexible hinges for
added comfort and durability.
- JCPenney Optical offers a diverse range of kids' eyewear
options, including frames from popular brands as well as their own
exclusive collections. Their selection includes styles suitable for
various ages and preferences, with options for both prescription
glasses and sunglasses.
Purchase now and gain full access to
the Kids' Eyewear Industry report, featuring comprehensive Market
Forecast, Company Share Analysis, Competition Intelligence, DROT
Analysis, Market Dynamics and Challenges, and Strategic Growth
Initiatives.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global
kids' eyewear market, providing historical data for 2019 to
2023 and forecast statistics from 2024 to 2034.
To understand opportunities in the Kids' Eyewear market, the
market is segmented on the basis of type (prescription glasses and
non-prescription glasses), material type (plastic, metal, others),
and sales channel (direct sales, hypermarkets/supermarkets,
specialty stores (optical stores), franchise outlets,
hospitals/clinics, online), across seven major regions
(North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and the Middle East & Africa).
About the Consumer Product Division at Future Market
Insights
The consumer product team at Future Market Insights offers
expert analysis, time efficient research, and strategic
recommendations with the objective to provide authentic insights
and accurate results to help clients worldwide. With a repertoire
of over 100+ reports and 1 Billion+ data points, the team has been
analyzing the market lucidly in 50+ countries for over a decade.
The team provides a brief analysis on key trends including
competitive landscape, profit margin, and research development
efforts.
About the Author:
Sneha Varghese (Senior
Consultant, Consumer Products & Goods) has 6+ years of
experience in the market research and consulting industry. She has
worked on 200+ research assignments pertaining to Consumer Retail
Goods.
Her work is primarily focused on facilitating strategic
decisions, planning and managing cross-functional business
operations, technology projects, and driving successful
implementations. She has helped create insightful, relevant
analysis of Food & Beverage market reports and studies that
include consumer market, retail, and manufacturer research
perspective. She has also been involved in several bulletins in
food magazines and journals.
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About Future Market Insights (FMI)
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and consulting service provider, serving clients in over 150
countries. FMI is headquartered in Dubai and has delivery centers in the UK, the
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