Pune, India, July 07, 2022 (GLOBE NEWSWIRE) -- The Global Reading Glasses Market Size is expected to gain momentum from the ever-increasing demand for fashionable frames. Consumers nowadays are looking for frames designed with specific materials, such as fiber or wood or frames as per the shapes of their faces. Therefore, styles of frames are persistently going through revolution. It would affect the market positively in the coming years. This information is published by Fortune Business Insights™ in a recent report, titled, "Reading Glasses Market Size, Share & Industry Analysis, By Age Group (Less than 18 years, 18-64 years, and 65 years and above), By Type (Prescription Reading Glasses and OTC Reading Glasses), By Distribution Channel (Retail Stores, Online Sales Channels, Ophthalmology Clinics), and Regional Forecast, 2019-2026." The report further states that the reading glasses market size was USD 34.92 billion in 2018 and is projected to reach USD 53.23 billion by 2026, exhibiting a CAGR of 5.4% during the forecast period.
Key Industry Development
May 2018 : Lenskart Solutions invested around $500,000 in Thinoptics Inc., a California-based reading glasses manufacturer. The latter being a state-of-the-art company, would aid Lenskart in fulfilling its goal of revolutionizing eyewear.
April 2017 : SlimViews, a manufacturer of contemporary eyeglasses, unveiled its range of reading glasses that are equipped with high-density TR90 material and are very lightweight.
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https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/reading-glasses-market-102606
Report Scope:
Report Coverage
Details
Forecast Period
2019 to 2026
Forecast Period 2019 to 2026 CAGR
5.4%
2026 Value Projection
USD 53.23 billion
Base Year
2018
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