"Assisting You in Establishing Data Driven Brands"

Non-prescription Reading Glasses Market Size, Share & Industry Analysis, By Frame Type (Full Frame Glass, Rimless Glass, Half Frame Glass), By Glass Coating (Anti-Reflective Coating, Anti-Glare Coating, Blue-Light Protective Coating, Scratch-Resistant Coating, Others), By Application (Adults, Kids) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106233 | Status : Ongoing

 

KEY MARKET INSIGHTS

Glasses or spectacles are categorized as vision eyewear. Primarily, glasses are used as a medium for vision correction, such as near-sightedness. However, they can be sometimes used for cosmetic purposes and without specialized lenses. A spectacle features glass or hard plastic lenses mounted in a frame holding them in front of the user’s eyes.


While glasses have been traditionally used for vision problems, these products have evolved as a fashion statement on the back of rapidly changing consumer lifestyles.  Non-prescription glasses are increasingly available in a wide variety of color, design, and material options to suit or compliment a wide variety of outfits.  These products are designed to help readers by magnifying words and images on the page or digital screen, enlarging the appearance of nearby objects, and making them easier to see clearly. An individual with no vision issues may use non-prescriptive “plano lenses” with zero corrective power which are designed to protect the eyes and not lead to any structural issues. Furthermore, these specs help in protection from ultraviolet (UV) rays and damaging blue lights. The rising consumer preference for such beneficial product’s properties is fuelling the market growth.

Adults are prone to eye-related issues such as presbyopia, a gradual weakening of the eyes’ capability to focus on nearby objects, an eye issue most noticeable among individuals in their early to mid-40s. If left untreated, presbyopia is known to progress gradually leading to more complex issues. Presbyopia mainly affects adults suffering from chronic and systemic conditions such as high blood pressure, diabetes, macular degeneration, high cholesterol, thyroid, anxiety or depression, and arthritis.  Even the intake of antihistamines (to cure runny nose) or other medicines to cure these systemic conditions can have vision side effects that can worsen the risk of presbyopia. Extended hours of involvement in a visually demanding job/occupation is one of the major reasons for the prevalence of presbyopia and is necessitating the use of non-prescription glasses worldwide.

Key Market Driver -

Increasing Incidences of Presbyopia (Age-Related Farsightedness)

Key Market Restraint -

Rising Consumer Inclination towards Cheaper Over-The-Counter (OTC) Reading Glasses


Despite their rising popularity, the inexpensive over-the-counter (OTC) reading glasses are known to cause vision discomfort, fit poorly, and are usually prone to scratches on lenses. However, the growing inclination towards these poor quality glasses is most evident in developing countries due to their price sensitiveness. The increasing demand for such cheaper product substitutes in these countries is attributable to their low cost as compared to the branded/quality reading glasses. An individual/user typically has an option to purchase more OTC reading glasses rather than investing in a quality non-prescription reading glass. This factor has is likely to hamper the market growth in the forthcoming years.

Key Players Covered:


The key companies operating in the global non-prescription reading glasses market are Eyekepper, TIJN, Felix Gray, Magnivision (FGX), MVMT, TruVision Readers, Cyxus, Pixel Eyewear, SEE, Foster Grant (FGX), Mechanix Wear, DEXFIT, NoCry, Youngstown, Seibertron, G and F, Stark, Dowellife, Superior Glove, Maxiflex.

The global non-prescription reading glasses market is segmented by frame type, glass coating, application, and geography. By frame type, the full frame glass segment accounted for the largest market share in 2020. Full frame glasses are gaining popularity among fashion designers and are being increasingly used along with a wide variety of clothing & accessories. Rimless glasses are also gaining attention owing to their lightweight characteristic. Rimless glasses do not usually cause any scratches or marks on a user’s face and are designed for enhanced comfort.

By glass coating type, the scratch-resistant coating segment leads the market owing to the increasing consumer demand for glasses that resist scrapes and other marks, which can affect the quality and longevity of eyewear. Even minor scratches can damage the lens’ surface and can impair vision. An anti-scratch or scratch-resistant coating functions as a protective layer in lenses, thereby increasing the glasses’ durability and functionality.

By application, the adults segment holds the major share. Though adults between the ages of 19 and 40 enjoy healthy eyes and good vision, the most common eye and vision problems for individual in this age group caused by visual stress by short-wavelength visible light and eye injuries. Thus, non-prescriptive reading glasses are more popular among consumers in this age group.

Regional Analysis:


North America is expected to dominate the market during the forecast period. The growing prevalence of ocular diseases paired with the increasing consumer preference for premium eye care products is favoring the regional market’s growth.  Adults aged 40 years and older are at a greater risk for eye diseases as their eye lenses tend to become less flexible, making it difficult to focus on faraway objects. Amblyopia, strabismus, and refractive errors are the most prevalent disabling health conditions among children in the U.S. These health conditions create a significant demand for a variety of vision care products. Furthermore, the rising trend of using glasses as a fashion symbol is also expected to boost the market revenue in this region.

Asia Pacific is expected to be the second largest market after North America for non-prescription reading glasses. The rising disposable incomes, increasing product affordability, and growing willingness to spend on premium vision care products are major macro-economic factors driving the regional market’s growth. Vision refractive errors caused by visual stress and short-wavelength visible light are more prevalent among the masses across developing countries such as India and China. Furthermore, rising brick & mortar establishments and a well-established e-commerce delivery system, improve the overall user experience regarding eye consultation, thus aiding in market growth.

To gain extensive insights into the market, Request for Customization


Segmentation


























  ATTRIBUTE

  DETAILS

By Frame Type



  • Full Frame Glass

  • Rimless Glass

  • Half Frame Glass



By Glass Coating



  • Anti-Reflective Coating

  • Anti-Glare Coating

  • Blue-Light Protective Coating

  • Scratch-Resistant Coating

  • Others (UV Protection Coating, etc.)



By Application



  • Adults

  • Kids



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments



  • In June 2021, VOY Glasses, a U.S.-based online platform for eyewear, launched its new line of VOY's 2nd Gen Glasses on Indiegogo, a U.S. crowdfunding website. These ‘tunable’ glasses were designed to allow users to adjust the lens’ power by using a small hidden wheel concealed in the frame. These glasses were initially intended for users who require multiple reading glasses but have also been marketed as ideal for individuals experiencing recurrent changes in eyesight.

  • In May 2021, Globus Group, a U.K.-based manufacturer of personal protective equipment (PPE), partnered with Vision Express, U.K.-based spectacles & contact lenses company, to supply high-performance safety eyewear under the Global Group’s Riley RX brand. The new partnership aimed at enabling individuals to purchase safety glasses from the convenience of their local Vision Express stores.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Consumer Goods Clients

Asahi
SPG
Edenred
Oecc
Facebook

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X