Glasses Frames, the most common form of eyewear frame which is used to hold number lenses or sunglass lenses in front of a person's eyes typically using a bridge over nose and arms which rest over the ears. It is a device which is made up of metal, plastic or any other material on which glass or hard plastic lenses are mounted. Based on the type, the market has been segmented into metal material, plastic or resin, natural materials and some of the mixed material glasses frames. Rising use of fashionable sunglasses frames and increasing disposable income among the growing population is fuelling the glasses frame market. Also, there is an increment in the spending on fashionable accessories which is creating an opportunity for the market. While some of the factors like strong competition due to the attractive market is restraining the growth of the market to some extent.
AdvanceMarketAnalytics has segmented the market of Global Glasses Frames market by Type, Application and Region.
On the basis of geography, the market of Glasses Frames has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Surged in Demand for Vintage Eye Frames and Availability of Technologically Advanced Frames
Rising Use of Fashionable Sunglasses Frames and Increasing Disposable Income of Growing Population
Increment in Spending on Fashion Accessories
- Strong Competition Due to Attractive Market
- Availability of Counterfeit Products at Low Prices
In addition to the aforementioned factor, Rising Use of Fashionable Sunglasses Frames
is expected to propel the growth of the market over the forecast period.
The market players are adopting many strategies so as to attract the audience and to gain highest market share, these strategies can be listed as maintaining product uniqueness, offering attractive discounts, mergers with related organizations, alliances with different companies to increase sales area globally and others.
The key Vendors profiled in the study are SEIKO (Japan), RayBan (Italy), ESSILOR (France), Oakley (United States), Montblanc (Germany), TOM FORD (United States), Gucci (Italy), KATE SPADE (United States), Tapestry (United States) and Prada (United States).