Unlocking Potential: China Luxury Eyewear Market Growth and Trends Analysis for 2030

China Luxury Eyewear Market Overview and Insights:

According to MarkNtel Advisors Report, 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. China Luxury Eyewear Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Time Period Captured in the Report:

Historical Years: 2020-23

Base Years: 2024

Forecast Years: 2025-30

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China Luxury Eyewear Market 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.

Who are the Key Players Operating in the China Luxury Eyewear Industry?

The top companies of the China Luxury Eyewear market ruling 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
Others

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What is Included in China Luxury Eyewear Market Segmentation?

The report has segmented the market into the following categories:

-By Age Group

(2 – 10) Years
(11 –17) Years
(18 – 24) Years
(25 – 40) Years
(41 – 56) Years
(57+) Years

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. Also, product endorsement by celebrities and social media influencers is significant in their purchasing decision, as this helps them identify the latest eyewear trend. Also, the millennials form about 45% of the country's workforce, with increasing disposable income. The increasing fashion awareness makes them the biggest target customer for the luxury eyewear market in China.

-By Product Type

Eyeglasses
Sunglasses
Contact Lenses- Market Size Forecast 2020-2030, (USD Million)

-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 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)

-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)

Geographical Analysis:

-By Region

North China
North Eastern China
East China
South Central China
South Western China
North Western China

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For Further Queries:

What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
What key factors would propel and impede the industry?
How has the industry been evolving in terms of geography and product adoption?
How has the competition been shaping up across various regions?

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