The major driving factors of the market include growing geriatric population and increasing lifespan. An occurrence of diseases such as cataracts and glaucoma are common in the geriatric population, which increases the demand of corrective eyeglasses.

Global Eyewear Market size was valued US$ 105.5 Bn in 2020 and the total revenue is expected to grow at 8.19 % through 2021 to 2027, reaching US$ 183.05 Bn.