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Worldwide Spectacle Industry to 2026 - Players Include EssilorLuxottica, Novartis and Carl Zeiss Among Others


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The Global Spectacle Market size is expected to reach $102.7 billion by 2026, rising at a market growth of 7% CAGR during the forecast period. Eyewear includes accessories that are used for eyes either to protect them from debris or for vision correction, harmful radiations or extreme light. Eyewear comprises of spectacles, sunglasses, and lenses used for vision correction or to save the eyes from dust particles. Factors like expanding life span, rising geriatric population, and shifting fashion trends have promoted the demand for spectacle across the globe. In the current scenario, eyewear is not only used for vision correction, but also for improving one s appearance. Several market players are providing innovative spectacles and lenses. This is credited to the availability of lightweight materials and technological developments. ....

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