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Subject: MRR

Global Kids' Eyewear Market to reach a valuation of US$ 77.0 billion by 2034, FMI Projection


A recent report by Future Market Insights suggests the kids' eyewear market is poised for significant growth, fueled by rising demand for specialty eyewear, the convenience of e-commerce in emerging markets, and growing parental interest in customization and eye health awareness. Subscription models and smart eyewear with advanced features are emerging trends that will further propel the market forward, with companies that cater to regional preferences and embrace innovation standing to gain a competitive edge.

NEWARK, Del., April 18, 2024 /PRNewswire/ -- The global kids' eyewear market will reach a valuation of US$ 37.7 billion in 2024, attributed to factors such as increasing adoption of specialty eyewear. The trend is set to create new opportunities for the market, leading to a projected CAGR of 7.4% between 2024 and 2034, and reaching a total valuation of approximately US$ 77.0 billion by 2034.

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Download the Sample PDF report to explore key market insights and trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-19506

The growth of e-commerce in emerging markets presents significant opportunities for companies to reach a wider audience of parents looking for quality eyewear options for their children. Online platforms can offer greater accessibility and convenience, particularly in regions with limited access to physical retail stores.

Parents are increasingly seeking customizable and personalized options for eyewear of their children, including frame styles, colors, and even prescription lens designs. Companies offering customization services can capitalize on this trend to differentiate themselves in the market.

Investing in educational initiatives and awareness campaigns about the importance of eye health and regular vision screenings for children can help stimulate demand for kids' eyewear. Eyewear companies, by educating parents and caregivers, can position themselves as advocates for the vision health and gain consumer trust of the children.

Cultural preferences and regional trends play a significant role in shaping the demand for kids' eyewear. Companies that understand and cater to the unique preferences of different cultural and regional markets can effectively tailor their products and marketing strategies to drive sales.

Subscription and rental models for kids' eyewear are gaining popularity, offering parents a cost effective and convenient way to access a variety of eyewear options for their children. Companies adopting these models can capitalize on recurring revenue streams and customer loyalty.

Advancements in technology are leading to the integration of smart features into eyewear, such as augmented reality displays, activity tracking, and interactive learning applications.

Report Scope

Attribute

Details

Estimated Market Size in 2024

US$ 37.7 billion

Projected Market Valuation in 2034

US$ 77.0 billion

Value-based CAGR 2024 to 2034

7.4 %

Forecast Period

2024 to 2034

Historical Data Available for

2019 to 2023

Market Analysis

Value in US$ billion

Key Market Segments Covered

By Type:

  • Prescription Glasses
  • Non Prescription Glasses
By Material Type:
  • Plastic
  • Metal
  • Others
By Sales Channel:
  • Direct Sales
  • Hypermarkets/Supermarkets
  • Specialty Stores (Optical Stores)
  • Franchise Outlets
  • Hospitals/Clinics
  • Online
By Region:
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • The Middle East and Africa

 

Key Countries Profiled

  • The United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • France
  • France
  • Spain

 

  • Italy
  • Russia
  • Poland
  • Czech Republic
  • Romania
  • India
  • Bangladesh
  • Australia

 

  • New Zealand
  • China
  • Japan
  • South Korea
  • GCC countries
  • South Africa
  • Israel

 

Key Coverage in the Kids' Eyewear Industry Report

  • Kids' eyewear trends
  • Children's eyewear market analysis
  • Pediatric eyewear industry insights
  • Youth eyewear market dynamics
  • Kid-friendly eyeglasses trends
  • Adult Eyewear Market
  • Teen Eyewear Market
  • Sports Eyewear Market

 

Key Takeaways from the Market Study

"Companies embracing these technologies can offer innovative eyewear solutions that appeal to tech savvy parents and children," says Sneha Varghese (Senior Consultant, Consumer Products & Goods at Future Market Insights, Inc.).

Competitive Landscape

Prominent players in the kids' eyewear market are Miraflex, Zenni Optical, Jonas Paul Eyewear, JCPenney Optical, Nano Vista, Rudy Project, SwissFlex Kids, Oakley Youth, Ray-Ban Junior, Marchon NYC Kids, Nike Kids Vision, Flexible Eyeglasses, Pepper's Eyeware Kids, Progear Eyeguard, and Tomato Glasses, among others.

Company Portfolio

Purchase now and gain full access to the Kids' Eyewear Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global kids' eyewear market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.

To understand opportunities in the Kids' Eyewear market, the market is segmented on the basis of type (prescription glasses and non-prescription glasses), material type (plastic, metal, others), and sales channel (direct sales, hypermarkets/supermarkets, specialty stores (optical stores), franchise outlets, hospitals/clinics, online), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and the Middle East & Africa).

About the Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the market lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

About the Author:

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods. 

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals. 

Explore FMI's Extensive Coverage in the Consumer Products Domain:

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading market intelligence and consulting service provider, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, the U.S., and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: [email protected]
Website: https://www.futuremarketinsights.com
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Logo: https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg

 

SOURCE Future Market Insights


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