Europe Eyewear Market 2030: Spectacles Lead the Vision Revolution
Europe Eyewear Market Overview The Europe eyewear market was valued at USD 67.09 billion in 2023 and is projected to reach USD 110.08 billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030. The market expansion is primarily driven by the increasing incidence of ophthalmic conditions, including presbyopia, myopia, astigmatism, and hyperopia, along with a rising awareness of the importance of regular eye exams and overall eye health. Moreover, the growing trend of using eyewear as a fashion accessory, especially among younger demographics, further contributes to market growth. In 2023, Europe accounted for a 36.6% share of the global eyewear market revenue. Additional market drivers include rapid urbanization, continuous innovation in healthcare and wearable technologies, and a significantly large aging population. According to the Population Reference Bureau (PRB), Europe has the oldest population globally, with nearly 19% of its population aged 65 and above—equivalent to...