The Global Eyewear Industry Is $150 Billion Juggernaut And Expected To Grow Further This Decade: What You Need To Know
After COVID-19 hit, 2021 is seen as the most critical year in what is set to be a two-year recovery period for eyewear retailers, according to Euromonitor. Sunglasses, spectacles, and contact lenses have all depicted a significant growth following the record sales drop in 2020. Q2 2021 hedge fund letters, conferences and more Statistics show that the global eyewear market sizewas worth $147.60 billion last year, with solid compound annual growth rate expectations around 8.5% between 2021-2028. In the U.S. alone, the sunglasses market was worth $4.78 billion, with Vision Source at the top of th...