Luxury Eyewear Market

Luxury Eyewear Market Is Estimated To Grow At A Modest CAGR of Over 3% By 2027

Key Takeaways

– Eyeglasses, presently leads the product type segment with a share of over 60%. The excitable jump in branded eyeglasses sales as consumers become increasingly conscious about brands and fashion is attributing to such growth – Europe is presently the most lucrative region for the global luxury eyewear market with a market share close to 1/3rd in global market – In European countries such as Germany, UK, France, Spain, and Italy, the demand for luxury eyewear among potential customers is growing

Key Players

– Chanel S.A. – Dolce & Gabbana – Brooks Brother – Giorgio Armani S.p.A. – Marcolin S.P.A – Safilo Group S.p.A. – Luxottica Group S.p.A. – Kering S.A. – Essilor International S.A.

Analyst View

“The past decade has witnessed significant change in the high-end luxury eyewear market due to the launch of luxury retail concepts. Moreover, the implementation of Omni-channel retailing is significantly impacting the luxury eyewear market” says the Fact.MR analyst

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