Spectacles is projected to register a moderate CAGR in both retail volume and retail value (constant 2025 prices) sales over the forecast period, led by spectacle lenses and followed by spectacle frames. Meanwhile, readymade reading glasses is set to see declines in both retail volume and retail value (constant 2025 prices) sales.
The competitive landscape of spectacles is expected to continue to be disrupted through major consolidations, with large companies and private equity firms buying up businesses across the supply chain and acquiring competitors, particularly luxury brands. For instance, EssilorLuxottica has purchased Supreme from VF Corporation.
The leading players in spectacles in the US are looking towards continuous cutting-edge innovation in AI/AR to improve optic care technologies. Over the past decade, advanced AI/AR technology has slowly penetrated spectacles and smart hardware, with EssilorLuxottica and Meta’s Smart Glasses seeing improved sales performances towards the end of the review period.
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Understand the latest market trends and future growth opportunities for the Spectacles industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Spectacles industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Spectacles
This is the aggregation of spectacle frames, spectacle lenses and readymade reading glasses.
See all of our definitionsThis report originates from Passport, our Spectacles research and analysis database.
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