Global Eyewear Marketforecasted to expand at a CAGR of 8.30 % from 2017 to 2025
High level of fragmentation on account of presence of plethora of companies is expected to shape the competitive contours of the global eyewear market , finds Transparency Market Research (TMR). Some of the predominant players present in the global eyewear marker are Bausch & Lomb Inc., Essilor International, Luxottica Group S.p.A., Zeiss International, Marchon Eyewear and Johnson & Johnson Vision Care. Major players in the market are focusing on product innovation and acquisitions along with partnerships to expand their business. As per the recent TMR report, the global eyewear market is expected to reach a value of US$ 265,414.36 Mn by 2025. The market was valued at US$ 132,708.54 Mn in 2016. During the forecast period from 2017 to 2025, the global eyewear market is predicted to expand at a CAGR of 8.30 % Geographically, the global eyewear market is segmented into five major regions namely North America, Asia Pacific, Europe, South America and the Middle E...