Global eyewear market to hit $323.76b by 2030

It is driven by rising cases of vision problems and increased screen time.

The global eyewear market is projected to grow from $200.46b in 2024 to $323.76b by 2030, according to The Research Insights.

This reflects a compound annual growth rate (CAGR) of 8.3%, driven by rising cases of vision problems, increased screen time, and growing demand for both corrective and fashionable eyewear.

Demand for prescription glasses is rising due to eye conditions like myopia, hyperopia, and presbyopia. Blue-light blocking lenses are also in high demand as digital eye strain becomes more common among students and working adults.

Eyewear is also becoming a fashion accessory, especially among younger consumers. Premium brands such as Ray-Ban, Oakley, Gucci, and Warby Parker are tapping into this trend with limited-edition collections, customizable designs, and sustainable materials.

Technology and e-commerce are reshaping the market. Augmented reality try-on features, lightweight materials, and direct-to-consumer sales are making eyewear more accessible and appealing. Brands like Lenskart and Warby Parker are leading the shift with online-first models and home try-on services.

The Asia Pacific region is expected to grow at over 7% annually through 2030, driven by rising disposable incomes and demand for premium eyewear.