The Spectacles Market encompasses prescription and non-prescription eyewear designed to correct refractive vision errors such as myopia, hyperopia, astigmatism, and presbyopia, as well as to provide eye protection and aesthetic appeal. Market growth is primarily driven by the rising prevalence of vision disorders, increased screen time, and growing awareness of eye health. Additionally, the expanding aging population and lifestyle-related vision problems are fueling sustained demand for corrective eyewear worldwide.
According to Fortune Business Insights, the spectacles market share was valued at USD 122.10 billion in 2024 and is projected to grow from USD 130.23 billion in 2025 to USD 214.58 billion by 2032, exhibiting a CAGR of 7.4% during the forecast period. Asia Pacific dominated the market, accounting for a 31.21% share in 2024.
These companies are actively focusing on new product launches, brand partnerships, and the expansion of their global retail and digital presence. In January 2025, SAFILO GROUP S.P.A. renewed its global eyewear licensing agreement with Under Armour until 2031, aiming to deliver lightweight, durable, and high-performance eyewear for athletes.
The spectacles market report provides a comprehensive analysis of market size, growth trends, and key developments. It segments the market by product type, modality, distribution channel, and region, offering a complete view of industry dynamics and competitive positioning.