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Report
United States Reading Glasses Market Report and Forecast 2024-2032
Market Report I 2023-11-22 I 140 Pages I EMR Inc.
United State Reading Glasses Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the United States reading glasses market is projected to grow at a CAGR of 5.40% between 2024 and 2032. Aided by the country's ageing demographic, coupled with the extensive screen time in modern lifestyles, the market is expected to grow significantly by 2032.
Reading glasses, specifically designed to assist with presbyopia, a condition where the eye exhibits a progressively diminished ability to focus on near objects have become an indispensable accessory for many Americans. These corrective lenses, which range from full frames, and half frames, to tube readers, are seeing an expanding user base, not limited to those in the senior age bracket.
One of the foremost driving forces behind the United States reading glasses market growth is the undeniable demographic trend: an ageing population. As the baby boomer generation ventures into their senior years, the demand for visual aids, particularly reading glasses, is expected to surge.
Concurrently, the digital age has ushered in extended screen time durations among all age groups. Whether it's the daily grind of an 8-hour work shift in front of a computer or prolonged periods spent on smartphones, tablets, and other digital devices, the strain on the eyes has been tremendous. This increase in digital eye strain is leading to a younger demographic requiring reading glasses, propelling the United States reading glasses market demand.
Another factor fuelling the market's expansion is the rising trend of fashion-forward reading glasses. No longer confined to the realm of mere functionality, reading glasses are now a fashion statement. With designers and brands launching chic and contemporary frames, users have a plethora of stylish options to choose from, which align with their personal aesthetic. This intersection of fashion and function is instrumental in destigmatising the use of reading glasses, especially among the younger population, and contributes to the United States reading glasses market size.
Industry-wise, technological advancements have been pivotal. The advent of blue-light-blocking lenses, for instance, caters specifically to the digital age. By filtering out the high-energy visible (HEV) blue light emitted from digital screens, these glasses claim to reduce eye fatigue, dryness, and potential sleep disturbances. As per the United States reading glasses market analysis, such innovations not only enhance user comfort but also create an additional market segment, attracting consumers who may not necessarily need reading glasses but are keen on reducing digital eye strain.
Market Segmentation
The market can be divided based on type, age group, distribution channel, and region.
Market Breakup by Type
- Prescription
- OTC
Market Breakup by Age Group
- Less than 18 years
- 18-64 years
- 65 years and Above
Market Breakup by Distribution Channel
- Ophthalmology Clinics
- Optical Stores
- Online Stores
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States reading glasses market. Some of the major players explored in the report by Expert Market Research are as follows:
- Guccio Gucci S.p.A.
- Eyebobs
- ThinOptics, Inc.
- Bausch & Lomb Incorporated
- Vera Bradley Designs, Inc.
- ICU Eyewear, Inc.
- Hi-Tech Optical, Inc.
- Warby Parker Inc.,
- Zenni Optical, Inc.
- Shark Eyes, Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 United States Reading Glasses Market Analysis
8.1 Key Industry Highlights
8.2 United States Reading Glasses Historical Market (2018-2023)
8.3 United States Reading Glasses Market Forecast (2024-2032)
8.4 United States Reading Glasses Market by Type
8.4.1 Prescription
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 OTC
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 United States Reading Glasses Market by Age Group
8.5.1 Less than 18 years
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 18-64 years
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 65 years and Above
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.6 United States Reading Glasses Market by Distribution Channels
8.6.1 Ophthalmology Clinics
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Optical Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Online Stores
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.7 United States Reading Glasses Market by Region
8.7.1 Market Share
8.7.1.1 New England
8.7.1.2 Mideast
8.7.1.3 Great Lakes
8.7.1.4 Plains
8.7.1.5 Southeast
8.7.1.6 Southwest
8.7.1.7 Rocky Mountain
8.7.1.8 Far West
9 Regional Analysis
9.1 New England
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Mideast
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Great Lakes
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Plains
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Southeast
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Southwest
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Rocky Mountain
9.7.1 Historical Trend (2018-2023)
9.7.2 Forecast Trend (2024-2032)
9.8 Far West
9.8.1 Historical Trend (2018-2023)
9.8.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Guccio Gucci S.p.A.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Eyebobs
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 ThinOptics, Inc.
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Bausch & Lomb Incorporated
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Vera Bradley Designs, Inc.
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 ICU Eyewear, Inc.
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Hi-Tech Optical, Inc.
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Warby Parker Inc.,
11.2.8.1 Company Overview
11.2.8.2 Product Portfolio
11.2.8.3 Demographic Reach and Achievements
11.2.8.4 Certifications
11.2.9 Zenni Optical, Inc.
11.2.9.1 Company Overview
11.2.9.2 Product Portfolio
11.2.9.3 Demographic Reach and Achievements
11.2.9.4 Certifications
11.2.10 Shark Eyes, Inc.
11.2.10.1 Company Overview
11.2.10.2 Product Portfolio
11.2.10.3 Demographic Reach and Achievements
11.2.10.4 Certifications
11.2.11 Others
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. United States Reading Glasses Market: Key Industry Highlights, 2018 and 2032
2. United States Reading Glasses Historical Market: Breakup by Type (USD Million), 2018-2023
3. United States Reading Glasses Market Forecast: Breakup by Type (USD Million), 2024-2032
4. United States Reading Glasses Historical Market: Breakup by Age Group (USD Million), 2018-2023
5. United States Reading Glasses Market Forecast: Breakup by Age Group (USD Million), 2024-2032
6. United States Reading Glasses Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
7. United States Reading Glasses Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
8. United States Reading Glasses Historical Market: Breakup by Region (USD Million), 2018-2023
9. United States Reading Glasses Market Forecast: Breakup by Region (USD Million), 2024-2032
10. United States Reading Glasses Market Structure
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