GITNUX MARKETDATA REPORT 2024

Optical Industry Statistics

Optical industry statistics encompass data on market size, growth trends, consumer demographics, and technological advancements within the eyewear and vision care sector.

Statistic 1

"The prevalence of myopia (nearsightedness) is increasing globally, expected to affect 50% of the world's population by 2050."

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Statistic 2

"The optical retail market in the U.S. is valued at approximately $15 billion."

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Statistic 3

"The eyeglasses segment dominates the optical industry, accounting for over 50% of the market share."

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Statistic 4

"Sales of blue light blocking glasses increased by 30% in 2020."

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Statistic 5

"The contact lenses segment is expected to witness significant growth, with a CAGR of 5% by 2028."

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Statistic 6

"The optical industry is expected to grow at a compound annual growth rate (CAGR) of 7% from 2021 to 2028."

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Statistic 7

"Daily disposable contact lenses account for 50% of all contact lens sales."

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Statistic 8

"Around 75% of adults in the U.S. use some form of vision correction."

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Statistic 9

"The global market for sunglasses was valued at $14.2 billion in 2020."

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Statistic 10

"The U.S. optical industry employs approximately 170,000 people."

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Statistic 11

"Prescription eyeglasses are the most commonly used vision correction tool, with 64% of Americans using them."

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Statistic 12

"Online sales of eyewear have seen a growth of 15% annually over the past five years."

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Statistic 13

"The North American optical market accounts for approximately 30% of the global market."

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Statistic 14

"Asia Pacific is the fastest-growing region in the optical industry, with a projected growth rate of 8% annually."

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Statistic 15

"Over 1 billion pairs of eyeglasses are sold worldwide annually."

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Statistic 16

"The global optical industry market size was valued at approximately $35 billion in 2020."

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Statistic 17

"The smart eyewear segment is expected to reach $6.2 billion by 2027."

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Statistic 18

"The global market for spectacle lenses is projected to grow to $10.7 billion by 2025."

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Statistic 19

"Custom and prescription sunglasses account for 20% of the total sunglasses market."

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Statistic 20

"The augmented reality (AR) glasses market is projected to grow at a CAGR of 41% from 2021 to 2028."

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