Markntel Advisors’ report, China Luxury Eyewear Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the China Luxury Eyewear presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

China Luxury Eyewear Market Research Report & Market Summary:

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. This growth in the market is mainly attributed to the rise in the consumption of luxury goods in China. This growth in luxury consumption in China was experienced during the COVID-19 pandemic in China. This is because the significant purchase of luxury goods by Chinese consumers happened during their travel overseas, which was hindered during the global lockdown. Additionally, China, which is responsible for the significant global manufacturing of luxury goods, localized this supply. These developments resulted in an increase in the purchase of luxury goods within China.

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China Luxury Eyewear Market Dynamics:

Key Driver-

Myopia Epidemic in the Chinese Population – China has massive digital infrastructure in the country. The country has over a billion internet users as of January 2024. Since the COVID-19 pandemic and the introduction of online education, students in China have spent significant time in front of the screen. This led to the proliferation of myopia cases in China. In 2022, the National Disease Control and Prevention Administration of China (NDCPA) reported that over 50% of the population below age 20 had myopia. Upon delving further into it, the myopia rate was significantly high for junior and senior high school students, amounting to 71.4% and 81.2%, respectively. The unfolding of such scenarios has led to an increasing demand for luxury prescription glasses in the country.

China Luxury Eyewear Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Product Type

• Eyeglasses
  • Prescription Glasses- Market Size & Forecast 2020-2030, (USD Million)
  • Fashion Eyewear- Market Size & Forecast 2020-2030, (USD Million)
  • Reading Glasses- Market Size & Forecast 2020-2030, (USD Million)
  • Computer Glasses- Market Size & Forecast 2020-2030, (USD Million)
• Sunglasses
  • Designer Sunglasses- Market Size & Forecast 2020-2030, (USD Million)
  • Fashion Sunglasses- Market Size & Forecast 2020-2030, (USD Million)
• Contact Lenses- Market Size & Forecast 2020-2030, (USD Million)

Eyeglasses hold the largest share (more than 50%) in the China Luxury Eyewear Market in 2024. This is mostly because of the rising demand for prescription glasses, fashionable eyewear, and computer glasses. Prescription glasses majorly lead the segment with the presence of a big myopic population. 

By Glass Type

• Polaroid- Market Size & Forecast 2020-2030, (USD Million)
• Non-Polaroid- Market Size & Forecast 2020-2030, (USD Million)

By Gender

• Men- Market Size & Forecast 2020-2030, (USD Million)
• Women- Market Size & Forecast 2020-2030, (USD Million)
• Unisex- Market Size & Forecast 2020-2030, (USD Million)
• Kids- Market Size & Forecast 2020-2030, (USD Million)

By Age Group

• (2 – 10) Years- Market Size & Forecast 2020-2030, (USD Million)
• (11 – 17) Years- Market Size & Forecast 2020-2030, (USD Million)
• (18 - 24) Years- Market Size & Forecast 2020-2030, (USD Million)
• (25 – 40) Years- Market Size & Forecast 2020-2030, (USD Million)
• (41 – 56) Years- Market Size & Forecast 2020-2030, (USD Million)
• (57+) Years- Market Size & Forecast 2020-2030, (USD Million)

Millennials, the age group of (25 - 40), take the largest share (more than 45%) in the China Luxury Eyewear Market. This is attributed to the demographic having over 300 million populations as of 2023 and contributing over 21% to the country's population and close to 28% of the total income of the active consumers in the country. Further, millennials spend the majority of their time on the internet, which is mainly done through applications like TikTok for browsing short videos. 

By Price Range

• USD 100 –  300- Market Size & Forecast 2020-2030, (USD Million)
• USD 301 –  500- Market Size & Forecast 2020-2030, (USD Million)
• USD 501 –  700- Market Size & Forecast 2020-2030, (USD Million)
• USD 701 –  900- Market Size & Forecast 2020-2030, (USD Million)
• Greater than (>) USD 900- Market Size & Forecast 2020-2030, (USD Million)

By Distribution Channels

• Online- Market Size & Forecast 2020-2030, (USD Million)
• Offline- Market Size & Forecast 2020-2030, (USD Million)
  • High-End Department Stores- Market Size & Forecast 2020-2030, (USD Million)
  • Exclusive Brand Boutique- Market Size & Forecast 2020-2030, (USD Million)
  • Optical Retailers- Market Size & Forecast 2020-2030, (USD Million)
  • Luxury Retail Chains- Market Size & Forecast 2020-2030, (USD Million)
  • Others (Hospitals & Clinics)- Market Size & Forecast 2020-2030, (USD Million)

By Size

• Small- Market Size & Forecast 2020-2030, (USD Million)
• Medium- Market Size & Forecast 2020-2030, (USD Million)
• Large- Market Size & Forecast 2020-2030, (USD Million)

By Frame Material

• Metal- Market Size & Forecast 2020-2030, (USD Million)
• Plastic & Fiber- Market Size & Forecast 2020-2030, (USD Million)

By Eyewear Shape

• Rectangle- Market Size & Forecast 2020-2030, (USD Million)
• Square- Market Size & Forecast 2020-2030, (USD Million)
• Circle- Market Size & Forecast 2020-2030, (USD Million)
• Others- Market Size & Forecast 2020-2030, (USD Million)

By Frame Type

• Rimmed- Market Size & Forecast 2020-2030, (USD Million)
• Rimless- Market Size & Forecast 2020-2030, (USD Million)
• Semi-Rimmed- Market Size & Forecast 2020-2030, (USD Million)

By Region

• North China
• North Eastern China
• East China
• South Central China
• South Western China
• North Western China.

As indicated in the latest market research report published by Markntel Advisors, “China Luxury Eyewear Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the China Luxury Eyewear industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/china-luxury-eyewear-market.html

Top Companies Operating in the China Luxury Eyewear Market:

• Chinatown Optical Group
• Gentle Monster
• Puyi Opticals
• Kering Eyewear
• Mujosh
• Mantra Eyewear
• Essilor Luxottica
• Carl Zeiss
• Matsuda
• Safilo Group
• Luxury Eyesight
• Bausch & Lomb
• Silhouette
•  

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Other Report:

• The Global Fire Pump Market size was valued at around USD5Billion during 2022 & is projected to grow at a CAGR of around 7.57% during the forecast period 2023-28.
• Green Solvents Market size was valued at around USD34Billion in 2024 & is projected to reach USD 1.87 Billion by 2030 with a CAGR of around 5.7%.

Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & China Luxury Eyewear Market adoption?
5. How has the competition been shaping up across the geography?

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

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