Luxury Eyewear Set to Grow with Steady CAGR of 7.02% by 2030 Driven by Adoption of Smart Luxury Eyewear from Akio's blog

One of the leading consulting, data analytics, and market research firm, Markntel Advisors, published a recent report titled, “China Luxury Eyewear Market Research Report: Forecast (2025-2030)”. The market is predicted to grow significantly in the coming years. The prominent factors that facilitate industry expansion are the inclination toward smart luxury eyewear.  The increasing adoption of technology into the daily life of the Chinese citizen. This resulted in luxury eyewear companies integrating technologies into their products as well

What is the Future Market Size of the China Luxury Eyewear Industry and its Yearly Growth Rate?

The China Luxury Eyewear Market size was valued at around USD 0.87 billion in 2024 and is projected to reach USD 1.33 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.02% during the forecast period, i.e., 2025-30.

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Who are the Main Competitors Driving the China Luxury Eyewear Market Forward?

Major companies operating in the industry are Chinatown Optical Group, Gentle Monster, Puyi Opticals, Kering Eyewear, Mujosh, Mantra Eyewear, Essilor Luxottica, Carl Zeiss, Matsuda, Safilo Group, Luxury Eyesight, Bausch & Lomb, Silhouette and Others.

What Challenges Restricting the China Luxury Eyewear Industry Expansion?

The high availability of counterfeit products owing to the Chinese government’s strong focus on developing manufacturing capabilities through incentives. This, coupled with the presence of a huge, cheap labor force, allows the country to manufacture less expensive goods at scale. This is expected to hinder the growth of luxury eyewear market.

What is the Segmentation of the China Luxury Eyewear Market?

The China Luxury Eyewear market covered in this report is segmented –

·         By Product Type: Eyeglasses [Prescription Glasses, Fashion Eyewear, Reading Glasses, Computer Glasses], Sunglasses [Designer Sunglasses, Fashion Sunglasses], and Contact Lenses

·         By Glass Type: Polaroid and Non-Polaroid

·         By Gender: Men, Women, Unisex, and Kids

·         By Age Group: (2 – 10) Years, (11 – 17) Years, (18 - 24) Years, (25 – 40) Years, (41 – 56) Years, and (57+) Years

·         By Price Range: USD 100 – 300, USD 301 – 500, USD 501 – 700, USD 701 – 900), and Greater than (>) USD 900

·         By Distribution Channel: Online, Offline, [High-End Department Stores, Exclusive Brand Boutique, Optical Retailers, Luxury Retail Chains, and Others (Hospitals & Clinics)

·         By Size: Small, Medium, and Large

·         By Frame Material: Metal, Plastic & Fiber

·         By Eyewear Shape: Rectangle, Square, Circle, and Others

·         By Frame Type: Rimmed, Rimless, and Semi-Rimmed

What is the Luxury Eyewear Industry Definition?

Luxury eyewear is more than a functional accessory. It is a mark of impeccable craftsmanship and design. Luxury eyewear showcases the statement of style, taste, and fashion of the wearer. Moreover, it allows the wearer to feel that they possess a unique style and are now part of the select few. 

Frequently Asked Questions (FAQs)-

1.       What is the expected CAGR value of the China Luxury Eyewear Market during the forecast period?

2.       What are the trends influencing the current scenario of the China Luxury Eyewear market?

3.     What key factors would propel and impede the industry across the Country?

4.     How has the industry been evolving in terms of geography & China Luxury Eyewear adoption?

5.     Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

6.     Which is the Leading distribution channel segment in the China Luxury Eyewear market?

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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