Eyewear Sector Special Report Topics:
Companies set to benefit from increased Eyewear sales
Which stocks are rated ‘buy’ in the Eyewear sector
The dynamics of the distribution channels
Forecasts of growth in Eyeware through 2020
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The global eyewear market is estimated to have been worth €104bn in 2015 and is estimated to increase to €134bn by 2020. Growth drivers include an ageing global population, the underpenetration of eyewear and emerging markets.
European companies are some of the largest players in the global eyewear sector. Eyewear is a necessity for consumers who need some form of vision correction and have access to a solution. With eyesight deficiencies typically changing over time it is also an area where consumers need to intermittently update the product.
Eyewear Sector Key Fundamentals:
Ageing Population – 2 billion people over 60 by 2050
Sunglasses account for around 40% of the market
1.1 billion people need classes but don’t have access to them
4.9 billion middle-class population by 2050 (2 billion today)
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