The global market, which includes contact lenses and sunglasses as well as prescription specs, reached $140 billion in 2021 according to market analyst Research and Markets, and is predicted to soar to $209.5 billion by 2027.
Forecasts from market researcher Statista indicate that the luxury eyewear sector will be worth $21.5 billion by 2025, and the latest returns reported by Kering Eyewear, a leader in high-value frames whose portfolio includes Maui Jim, Lindberg, Gucci, Balenciaga, and Cartier, seem to back that up. Last year the company’s revenues hit €700 million ($776 m), up from €487.1 million ($540.17 m) in 2020.
