A Closer Look at the $13 Billion Premium Eyewear Market

Industry analysis (eye glasses): "Kering’s decision to take its eyewear business in house was dubbed an “eyewear revolution,” but what does it mean for the giants that dominate the market?...The Market Today Eyewear is big business. Market sources estimate that the global market, which includes frames, contact lenses and sunglasses, is worth $90 billion, and will reach $140 billion by 2020. In 2012, Exane BNP Paribas estimated that frames and sunglasses represented 40 percent of the eyewear market. Within that segment it estimates that premium frames and sunglasses, the sort produced by fashion labels, represent 35 percent. Applying those estimates to today’s market values the premium fashion segment at just below $13 billion..."

Industry analysis (eye glasses): "Kering’s decision to take its eyewear business in house was dubbed an “eyewear revolution,” but what does it mean for the giants that dominate the market?...The Market Today Eyewear is big business. Market sources estimate that the global market, which includes frames, contact lenses and sunglasses, is worth $90 billion, and will reach $140 billion by 2020. In 2012, Exane BNP Paribas estimated that frames and sunglasses represented 40 percent of the eyewear market. Within that segment it estimates that premium frames and sunglasses, the sort produced by fashion labels, represent 35 percent. Applying those estimates to today’s market values the premium fashion segment at just below $13 billion..."