Eyewear Market: Technological Advancements And Move Towards Digital World Driving Revenue Growth 2019 - 2027
The eyewear market is projected to witness notable growth especially in these covid19 lockdown and unlock times where people are mostly glued to their entertainment units such as tablets, laptops, television sets, and mobile phones. The imposition of stringent lockdowns worldwide has led to closure of retail stores and ophthalmic clinics. This caused some challenges and decline in growth rate for the eyewear market on a global level. However, the imposition of artificial intelligence and use of augmented reality apps that helps consumers to choose eyewear of their choice online is likely to fuel growth of this market in the coming years. Online Channel sales is holding Highest Share On account of Recent imposition of Lockdown during the COVID19 Pandemic With respect to segmentation by distribution, the global market for eyewear is bifurcated into online and offline channel. Previously, the offline channel gained the larger share on account of the number of small, medi...