IMARC Group's report titled "South Korea Eyewear Market Report by Product (Spectacles, Sunglasses, Contact Lenses), Gender (Men, Women, Unisex), Distribution Channel (Optical Stores, Independent Brand Showrooms, Online Stores, Retail Stores), and Region 2024-2032". The South Korea eyewear market size is projected to exhibit a growth rate (CAGR) of 5.17% during 2024-2032.
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The growing occurrence of vision problems, driven by rising screen time from digital device usage, is one of the factors responsible for the growth of the South Korea eyewear market. Additionally, the demand for prescription glasses and contact lenses has surged as people seek corrective eyewear tailored to their needs. Moreover, there is an increasing fashion consciousness among consumers, who view eyewear as a functional necessity and as a fashion accessory, further bolstering the market. Besides this, the influence of K-pop and drama celebrities, who frequently wear stylish eyewear, boosts this trend, driving younger consumers to emulate their favorite stars and contributing to the expansion of the South Korea eyewear market.
Technological advancements and innovative designs are significantly shaping the South Korea eyewear market. In addition to this, companies are investing in the development of high-quality lenses that offer additional benefits such as blue light filtering, UV protection, and lightweight materials, enhancing the overall user experience, which is acting as another growth-inducing factor. The growth of e-commerce platforms has also made it easier for consumers to access a wide variety of eyewear products, compare prices, and read reviews, leading to more informed purchasing decisions and positively impacting the market. Furthermore, customization options, such as virtual try-ons and personalized fittings, are becoming increasingly popular, catering to the individual preferences of consumers, which is anticipated to drive the South Korea eyewear market over the forecasted period.
South Korea Eyewear Market Report Segmentation:
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