India Traditional Eyewear Market Size & Outlook, 2023-2030
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India traditional eyewear market highlights
- The India traditional eyewear market generated a revenue of USD 5,352.6 million in 2023 and is expected to reach USD 12,015.4 million by 2030.
- The India market is expected to grow at a CAGR of 12.2% from 2024 to 2030.
- In terms of segment, retail was the largest revenue generating distribution channel in 2023.
- E-commerce is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Traditional eyewear market data book summary
| Market revenue in 2023 | USD 5,352.6 million |
| Market revenue in 2030 | USD 12,015.4 million |
| Growth rate | 12.2% (CAGR from 2024 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | E-commerce |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-commerce, Retail |
| Key market players worldwide | Alphabet Inc Class A, Amazon.com Inc, Microsoft Corp, Lenovo Group Ltd, Sony Group Corp, Johnson & Johnson, Essilorluxottica, Carl Zeiss Meditec AG, The Cooper Companies Inc, Hoya Corp |
Other key industry trends
- In terms of revenue, India accounted for 3.2% of the global traditional eyewear market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China traditional eyewear market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 12,015.4 million by 2030.
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Traditional Eyewear Market Scope
Traditional Eyewear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hoya Corp | View profile | 36571 | 20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-8347 | http://www.hoya.co.jp |
| The Cooper Companies Inc | View profile | 15000 | 6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, United States, 94583 | https://www.coopercos.com |
| Essilorluxottica | View profile | 200000 | 147, Rue de Paris, Charenton-Le-Pont, Paris, France, 94220 | https://www.essilorluxottica.com |
| Lenovo Group Ltd | View profile | 71090 | 979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Hong Kong, Hong Kong | https://www.lenovo.com |
| Carl Zeiss Meditec AG | View profile | 4950 | Goschwitzer Strasse 51-52, Jena, TH, Germany, 07745 | https://www.zeiss.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
India traditional eyewear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to traditional eyewear market will help companies and investors design strategic landscapes.
Retail was the largest segment with a revenue share of 79.2% in 2023. Horizon Databook has segmented the India traditional eyewear market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
- India Traditional Eyewear Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Retail
- E-commerce
- Others
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Target buyers of India traditional eyewear market databook
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Our clientele includes a mix of traditional eyewear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India traditional eyewear market , including forecasts for subscribers. This country databook contains high-level insights into India traditional eyewear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India traditional eyewear market size, by distribution channel, 2018-2030 (US$M)
India Traditional Eyewear Market Outlook Share, 2023 & 2030 (US$M)
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