The global eyewear market is expected to reach USD 142.18 billion by 2020, growing at a CAGR of over 6% from 2014 to 2020. Rising population along with increasing number of visual deficiencies is projected to accentuate the eyewear market growth over the forecast period. Further, rising awareness about the importance of regular eye examination is expected to boost the demand for spectacles and contact lenses. Advancements in lens materials have resulted in varied new design with enhanced quality, style and aesthetic appeal. Further, frames and sunglasses being perceived as fashion products and facial accessory is projected to positively impact the eyewear market over the forecast period.
http://www.grandviewresearch.com/industry-analysis/eyewear-industry
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