Eyewear Market - India
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 10.4 Billion
Market Size in 2033: USD 19.6 Billion
Market Growth Rate (CAGR) 2025-2033: 6.94%
According to IMARC Group's report titled "India Eyewear Market Report and Forecast 2025-2033," the market reached USD 10.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 19.6 Billion by 2033, exhibiting a growth rate (CAGR) of 6.94% during 2025-2033.
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India Eyewear Market Trends and Drivers:
- The India eyewear market is experiencing strong growth due to increasing consumer awareness regarding eye health and vision correction, especially among the urban population.
- Growing screen time due to smartphones, laptops, and consumption of digital content is contributing directly to a rise in vision problems and thus the demand for corrective glasses.
- In addition, the growing penetration of optical products through cost-effective optical offerings in organized retail stores and e-commerce websites has enhanced accessibility, particularly in tier-II and tier-III cities.
- Besides, style-conscious millennials are increasingly opting for branded and designer sunglasses, which is propelling the market in the direction of premium and fashion-oriented offerings.
- Fast penetration of web eyewear players such as Lenskart and Titan Eye+ has revolutionized the consumer shopping experience, providing services like eye check-ups at home and virtual try-ons.
- Essentially, the growing middle class with increasing disposable income is making consumers confident to spend on several pairs of glasses — functional as well as fashion-focused.
- Advances in technology such as blue-light shielding lenses, light material, and intelligent glasses are also driving consumer demand and generating a high-value product portfolio.
- In rural India, government programs and NGO campaigns are enhancing awareness of vision and driving up demand for simple prescription eyewear, which was hitherto underserved in these markets.
- Shifting lifestyle trends and increasing occupational pressures are also driving the rise in myopia and hyperopia, causing a stable increase in prescription eyewear adoption.
- In addition, the sunglasses category is also experiencing growth owing to increased awareness for UV protection, combined with robust seasonality supported by climatic conditions and growing tourism.
- The children's eyewear category is experiencing higher traction as parents are becoming more proactive about early diagnosis and eye correction, prompted frequently by academic and screen-driven stress.
- Finally, collaborations between fashion influencers and eyewear brands, coupled with celebrity endorsements, are contributing to aspirational value among young consumers, further energizing the industry.
India Eyewear Market Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India eyewear market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Analysis by Product:
- Spectacles
- Sunglasses
- Contact Lenses
Analysis by Gender:
Analysis by Distribution Channel:
- Optical Stores
- Independent Brand Showrooms
- Online Stores
- Retail Stores
Regional Analysis:
- North India
- West and Central India
- South India
- East India
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendation
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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