Luxury Eyewear Market

India Luxury Eyewear market size was valued at US$ 456.2 million in 2024 and is projected to reach US$ 723.9 million by 2030, at a CAGR of 8.0% during the forecast period 2024-2030.

High-end optical frames, sunglasses, and lenses from prestigious brands, characterized by superior materials, craftsmanship, and design. The Indian Luxury Eyewear market is experiencing robust growth, driven by rising disposable incomes, increasing brand consciousness, and the growing perception of eyewear as a fashion accessory. Key players include global luxury brands like Ray-Ban, Oakley, and Gucci, alongside high-end optical chains. The market benefits from India's large population requiring vision correction and the aspirational value of luxury brands. In 2024, premium sunglasses accounted for 55% of the market, with prescription frames showing rapid growth. The industry is seeing a trend towards customized and bespoke eyewear solutions. There's increasing demand for technologically advanced lenses with features like blue light protection and photochromic properties. Manufacturers are incorporating sustainable materials and eco-friendly production processes to appeal to environmentally conscious consumers. The market is benefiting from the expansion of multi-brand luxury retail outlets and the growth of e-commerce platforms specializing in designer eyewear. Challenges include competition from counterfeit products and the need to balance exclusivity with market expansion. As India's luxury goods market matures and consumers seek high-quality, stylish eyewear options, the Luxury Eyewear market is expected to see continued strong growth, particularly in urban centers and among young professionals.

Luxury Eyewear Market contains market size and forecasts of Luxury Eyewear in India, including the following market information:

•    India Luxury Eyewear Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    India Luxury Eyewear Market Sales, 2019-2024, 2024-2030,

•    India Top five Luxury Eyewear companies in 2023 (%)

Report Includes

Luxury Eyewear Market presents an overview of India market for Luxury Eyewear , sales, revenue and price. Analyses of the India market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Luxury Eyewear Market focuses on the Luxury Eyewear sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the India Luxury Eyewear market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Luxury Eyewear Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Luxury Eyewear Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

• Nearsighted Glasses
• Hyperopia Glasses
• Anti-Radiation Glasses
• Decorative Glasses
• Other

Segment by Applications

• Children
•  Adults

Key Companies covered in Luxury Eyewear Market :

• Titan Eyeplus
• GKB Opticals
• Lawrence & Mayo
• Specsmakers
• Himalaya Optical
• Lenskart
• Vision Express
• Fastrack Eyewear
• Eyedo.in
• John Jacobs Eyewear
• Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Luxury Eyewear revenues in Indian market, 2019-2024 (Estimated), ($ millions)

•    Key companies Luxury Eyewear revenues share in Indian market, 2023 (%)

•    Key companies Luxury Eyewear sales in Indian market, 2019-2024 (Estimated),

•    Key companies Luxury Eyewear sales share in Indian market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Indian Market Analysis: The report includes Indian market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Luxury Eyewear Market

•    Overview of the regional outlook of the Luxury Eyewear Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

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•    Germany Luxury Eyewear Market 

•    South Korea Luxury Eyewear Market 

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•    Brazil Luxury Eyewear Market

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