The Glasses Case Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Glasses Case Global Market Report 2024, The glasses case market size has grown strongly in recent years. It will grow from $187.98 billion in 2023 to $205.32 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to rising eyewear usage, consumer awareness, e-commerce growth, brand loyalty, fashion trends.
The glasses case market size is expected to see strong growth in the next few years. It will grow to $280.85 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to sustainable materials, smart eyewear integration, rise in online eyewear sales, health and hygiene concerns, aging population. Major trends in the forecast period include innovations in case design, technological advances in eyewear, material innovations, customization and personalization, smart features and technology integration.
The increasing prevalence of vision problems is expected to propel the growth of the glasses case market going forward. Vision problems refer to a range of optical impairments or challenges that affect an individual’s ability to see clearly and perform visual tasks effectively. Vision problems require corrective eyewear such as eyeglasses or sunglasses, which increases the demand for protective glasses to protect eyeglasses from scratches, dust, and damage. For instance, in March 2021, according to Eyes of the World LLC, a Spain-based non-profit organization, 1.1 billion people have vision loss, expected to increase to 1.7 billion by 2050. Further, around 55% of women have vision loss, and 90 million children had vision loss problems in 2021. Therefore, the increasing prevalence of vision problems is driving the growth of the glasses case market.
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The glasses case market covered in this report is segmented –
1) By Type: Plastic Glass Case, Metal Glass Case, Ethylene Vinyl Acetate (EVA) Glass Case, Other Types
2) By Distribution Channel: Online, Offline
3) By Application: Adult, Child
Major companies operating in the glasses case market are adopting innovative product designs and materials, such as hardshell cases, to provide a more comprehensive travel solution for eyeglasses and contact lenses. A hardshell optics case is made of a durable material with a hard outer shell that protects the glasses from drops, scratches, and other damage. For instance, in June 2022, Nite Ize Inc., a US-based manufacturer of innovative solution-based products, launched the Clip Case Hardshell XL Optics Case. It has a rugged exterior and a foam-cushioned interior for the best crush and scratch protection. With a protective zippered top to keep them safe during work and adventures, it has a top-loading, plus-size design that fits eyeglass frames of all sizes. An easy-to-use microfiber lens cloth is sewn into the interior to clean lenses while on the go. A practical low-profile clip attached to the back of the case enables hands-free carrying on a belt, waistline, or backpack strap.
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