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Technavio has been monitoring the eyewear market and it is poised to grow by USD 57.69 billion during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Eyewear Market 2020-2024 (Graphic: Business Wire) Click Get Free sample report in minutes
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the eyewear market. The market grow
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Japan is a country of contradictions. Its bullet trains, advanced robotics, and kiosk culture are a model of efficiency, but businesses still rely on paper documents and fax machines. It’s home to some of the most innovative companies in the world, and yet it is the poster child of sluggish growth and an aging population.
Perhaps the biggest hurdle for investors, however, has been corporate Japan’s seemingly blasé attitude about corporate governance.
“It was frustrating because Japan is home to some amazing companies, but if you don’t trust management to do the right thing for you as a shareholder it’s hard to get excited about it,” says
IN THE SPOTLIGHT: CARMAX, CINTAS
CARMAX: CarMax, America’s largest used-car retailer and a Fortune 500 company, is expected to report a profit of $1.14 per share in the fourth quarter, up from $1.04 per share reported in the same quarter a year ago. Revenues are expected to be $5 billion, rising more than 4% from the year-ago quarter.
William Blair upgraded their earnings per share forecasts to $1.29 for Q4 2021, up from the previous $1.26. The Chicago-based investment bank also forecasts FY2023 earnings at $6.15 EPS.
“Based on historical & current data, we expect to see strength in used car sales as we move forward, particularly given the shortage of new car inventory, manufacturers pulling back on incentives, and potential tailwinds from de-urbanization, mass transit, ride-sharing, and travel. We expect Carmax to successfully execute their Omnichannel strategy, providing both online and physical dealer options to the consumer,” said Adam Jonas, equity analyst at Morgan St
Which geography would have better demand for product/services?
What strategies of big players help them acquire share in regional market?
Countries that may see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
How feasible is market for long term investment?
What opportunity the country would offer for existing and new players in the Contact Lenses And Solutions market?
Risk side analysis involved with suppliers in specific geography?
What influencing factors driving the demand of Contact Lenses And Solutions near future?
What is the impact analysis of various factors in the Global Contact Lenses And Solutions market growth?
What are the recent trends in the regional market and how successful they are?
ResearchAndMarkets.com s offering.
The current report provides a detailed analysis of the vision care devices market. This report will highlight the current and future market potential of vision care devices along and provide a detailed analysis of the competitive landscape. The report covers market projections for 2025 along with current market estimates. Epidemiology trends of major eye disorders, drivers, restraints, and opportunities will also be covered in the current report along with company profiles of the key market players.
The report segments the market for vision care devices based on device, distribution channel, and geography. Based on device type, the market is broadly segmented into eyeglasses, contact lenses, intraocular lenses (IOLs), and artificial tears. Eyeglasses are further segmented into a single vision, bifocal and progressive. Contact lenses are further segmented into spherical lenses, toric lenses, multifocal contact lenses, and others. For market estima