Eyewear Packaging Market Segmented By Paper Eyewear Packaging, Plastic Eyewear Packaging, Leather Eyewear Packaging Material with EVA Cases, Round Boxes, Bespoke Boxes, Slide Open Boxes Design
Industry: Consumer Goods
Published Date: January-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 244
Report ID: PMRREP32449
According to Persistence Market Research, the eyewear packaging market generated a revenue of US$ 3,456.1 Million in 2022. The demand for eyewear packaging will accelerate, with the top market players holding a prominent share of the eyewear packaging market in 2022. The global market for eyewear packaging is expected to reach US$ 6,198.7 Million by 2033, growing at a ~ 5.5% CAGR from 2023 to 2033.
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Global Eyewear Packaging Market Size (2022A) |
US$ 3,456.1 Million |
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Global Eyewear Packaging Market Size (2023E) |
US$ 3,628.9 Million |
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Projected Eyewear Packaging Market Value (2033F) |
US$ 6,198.7 Million |
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Value CAGR (2023-2033) |
~ 5.5% |
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Collective Value Share: Top 3 Countries (2022) |
~25-30% |
Eyewear packaging is in high demand as the market for eyewear packaging is being driven by rising use of eyewear items and rising use of sunglasses to shield eyes from UV radiation. The market for eyeglass packaging is being driven by consumers' preference for personalised packaging.
Eyewear is a popular gift item across the world, thus shoppers tend to choose packaging options with careful consideration. Packaging that is both safe and practical is what customers want. Due to these elements, the market for eyeglass packaging is seeing profitable demand.
A range of traditional glasses have recently entered the market as a result of advance technique in eyewear design and manufacturing. Recent developments in eyewear include anti-fatigue lenses and the addition of sunglasses that block UV radiation using blue light technology can benefit those who are exposed to hazardous radiation from digital gadgets like computers, televisions, and smartphones.
These various eyewear products require a perfect packaging as per their shape and size which attracts customer to buy this products through the benefits printed on the packaging of product.
The changing lifestyle entails the individuals to purchase the sunglasses, lenses, frames according to the ongoing fashion trends and the packaging of such a products majorly matters in order to keep safe this products after use. Earlier, premium range of eyewear were available to selected stores and were not easily accessible. In current market scenario, the global eyewear manufacturers are expanding their businesses and collaborate with packaging solutions providers to the developing economies with an aim to cater the high demand.
Also, the consumers longing for experiencing the luxury eyewear is growing. These simultaneous facts increases the penetration of premium range products. Further, companies launching new products in growing markets with attractive packaging and affordable price in premium range too makes the eyewear packaging market highly competitive.
Many more unique growth factors have been thoroughly examined, and Persistence Market Research's study also includes a full assessment of some of the significant difficulties for eyewear packaging.
The study also contains a detailed regional analysis, which shows that North America controls the majority of the market for eyewear packaging. The study also provides a comprehensive COVID-19 impact analysis to help readers make well-informed business decisions for the present and future.
Between 2017 and 2022, demand for eyewear packaging recorded a 4.8% rise. Eyewear packaging are advantageous to eyewear product producers because they offer exceptional protection for eyewear parts like glasses, contact lenses, product body from surroundings.
Demand for attractive packaging products for eyewear increases due consumers prefer eyewear for gifting and therefore tend towards selective packaging designs option at various occasions. Additionally, due to concerns about product life and eyewear lenses protection, consumers themselves prefer a perfect packaging for their eyewear.
Also, in addition to shielding their eyes from hazardous rays that might damage the iris from extended looking at a computer screen, many individuals, especially millennials, use computer glasses. People use sunglasses to shield their eyes from the UV radiation that the sun emits. Additionally, the popularity of wearing various colored contact lenses has led to an increase in the market's sales of eyewear packaging.
Massive online marketing campaigns and promotions represent the restructured retail environment, where e-Commerce and technological behemoths have changed consumer shopping patterns and the retailing industry. Consumer goods packaging is on the rise as a result of the growing online retailing sector. Both customers and retailers prefer online shopping.
All companies house their products in the internet channel, which allows for simple categorization to help customers choose the best item. Customers can compare the qualities they have modified on online sites. Additionally, user evaluations are offered to assist potential consumers in understanding the product feedback.
Manufacturers of eyeglasses packaging are working tirelessly to develop manufacturing methods that are more productive and can make more eyewear packaging items appropriate for all eyewear designs in less time as the demand for the product rises. Product positioning and customer-specific category definition have been issues for the manufacturer. However, employing the product just serves to introduce more sophisticated packaging techniques, which is raising customer demand for the goods.
Nowadays, manufacturers are aware of the rising significance of customized marketing and product development. Due to this, a lot of manufacturers have started to create unique packaging for eyeglasses that appeals to customers in a certain manner and grabs their attention, demands their attention, conveys a message, and does all of the above. Anybody will be drawn to eyeglasses packaging that is sleek, fashionable, and expensive-looking. As a result, the eyewear packaging industry has been changing drastically over time, and more innovations are expected over the coming years.
Globally, there is a rising need for plastic-based items manufactured of plastic, such as EVA cases for packing eyeglasses. While metal-based eyeglass packaging options are reusable, paper-based alternatives are biodegradable. But plastic-based products are neither recyclable nor biodegradable, which results in a significant increase in environmental trash.
Eyewear packaging accounts for more than 45% of packaging demand, globally. Therefore, eyewear manufacturers are opting for environment-friendly packaging solutions such as paper-based or wooden cases for eyewear packaging.
A growing number of businesses are switching to sustainable eyeglasses packaging solutions despite the fact that plastic-based methods for packing eyewear are tamper-evident and give good protection.
Additionally, materials for packing eyeglasses made of paper are less expensive and provide the best protection for eyewear during handling and shipment. Because of this, there is a significant need for paper-based packaging for eyeglasses globally.
What are the Growth Opportunities in the US Eyewear Packaging Market?
The U.S. is expected to register a market value share of ~ 14.9% in global market. According to the Centers for Disease Control and Prevention (CDC), around 25%-26% of children wore glasses or contact lenses between the ages of 2-17 years. These percentages have increased significantly over the period.
The US market has seen a rise in the demand for eyeglasses items. It is anticipated that demand for packaging for eyeglasses would increase quickly overall. For the eyeglass packaging business in the US market, this will result in favourable growth potential.
How is the U.K. Market Proliferating?
The U.K. is expected to grow at a CAGR of ~5.8% during 2023 to 2033. The eye health industry is technologically developing at a higher pace in U.K. From evolution of eyeglasses to the soft contact lenses, the technology is being developed in order to meet the unmet demands of the people.
In this process of development, finding and developing the technology or product that will help the individual throughout their life is a crucial goal for the manufacturer or researcher. The global market for eyewear packaging is being driven in part by developments in the field of eye health.
Will Japan’s Regional Brands maintain their Dominance in the Market?
Japan is expected to register a market value share of 8.8% in global market. Demographic changes in the country play an important role for the eyewear packaging industry to grow structurally. Demographic dynamics such as age factor, eye problems such as myopia, glaucoma etc., fashion style among youngsters, penetration of eye health awareness are the factors which directly impacts on the sale of packaging material for the eyewear drives the global eyewear packaging market.
The growing aged population drives the prescription eyewear and readymade reading glasses. The demographic changes are rapid in the emerging markets, prevailing mostly in the middle class population where easy accessibility to the international brands is at higher pace. Most of the manufacturers are targeting these emerging economies to expand their eyewear business.
How is India Eyewear Packaging Faring in Current Scenario?
India is expected to grow at a CAGR of 5.9% during 2023 to 2033. Natural and environmentally friendly packaging materials are becoming more and more popular, and packaging items are always being innovated. Together with The largest generation in India today, millennials have prioritized their purchases and are gradually moving toward high-end gift items. A sizable portion of the millennial population in rural areas is regarded as a potential market.
Market participants may see case-sizeable advantages if they can capitalize on the rural markets' growing demand for items with attractive packaging. Therefore, it is predicted that this perception of aesthetic attractiveness held by millennials would encourage a rise in the use of eyewear packaging in the nation over the next several years.
Which Material is expected to hold a Major Portion of the Global Eyewear Packaging Market?
According to the material category, the plastic segment dominates the worldwide eyeglass packaging market. Due to their durability and affordability, plastics are the material that is most frequently utilized in the construction of eyeglass packaging. Additionally offering protection against moisture, humidity, and other external forces, etc. is plastic eyewear packaging. Additionally, it offers high defence and is tamper-evident. It is affordable, sustainable, lightweight, and efficient.
Additional benefits of plastic eyewear packaging include lightweight than other material, longer durability, sustainability and cost effective.
Plastic material in terms of material segment is expected to register a market value share of 47.0% in 2023. Several prominent market players are stepping up their research and development efforts to provide high-quality eyewear packaging goods. As a result of more product advances that support a fiercely competitive sector, sales of eyeglass packaging are rising. The market for eyeglass packaging has grown as a consequence of novel package designs, a variety of goods, and growing consumer demand for packaging materials to properly store eyewear items and reduce product wear and tear after use.
Which Design is Likely to Hold a Significant Market Share?
The EVA cases segment is expected to hold major share in the market in terms of design. EVA, which is short for ethylene vinyl acetate, is a kind of foam. EVA cases, which can be used in place of hard and soft travel cases, are constructed from HQC aluminium. EVA foam may be moulded into a variety of semi-rigid forms and is quite pliable. Due to its adaptability, it may be used for a variety of purposes, including insulation, soundproofing, and packing as well as cushioning.
These cases are expertly made utilising top-quality leather and modern manufacturing methods. These cases are rigorously evaluated on a variety of quality criteria in order to deliver an immaculate assortment of products. They are extensively used in eyeglass packaging to store glasses safely without letting them break or be scratched. EVA cases are a fantastic alternative since they are strong and resistant to water, dust, and shock. The majority of EVA cases contain zippers to safeguard the contents. Companies that provide outdoor and travel goods frequently employ EVA cases because of their adaptability.
As a result, manufacturers are concentrating on offering packaging solutions of EVA cases. EVA cases in terms of design segment is expected to grow at a rate of 9.6% during the forecast period.
On a global level, the market for eyewear packaging is moderately competitive, with many producers competing for market supremacy. Eyewear packaging have experienced a number of expansion strategies used by market rivals during the past few years, including acquisitions, mergers, and partnerships.
Manufacturers are also using sustainability as a strategy to expand their market share. As more consumers choose businesses with a green label and charitable undertakings, marketing strategies and brand habits are anticipated to change in favor of eco-friendly goods, boosting product sales.
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Attribute |
Details |
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Forecast Period |
2023-2033 |
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Historical Data Available for |
2017-2022 |
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Market Analysis |
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Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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Customization & Pricing |
Available upon Request |
By Material
By Design
By Distribution Channel
By Region
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The global eyewear packaging market is valued at US$ 3,456.1 Million as of 2022.
Eyewear packaging are projected to increase at 5.5% CAGR and is expected to be valued at around US$ 6,198.7 Million by 2033 end.
Kling GmbH, Honeywell International Inc., Marber S.r.l., Packman Packaging Private Limited, GIORGIO FEDON & FIGLI SpA, Pyramex Safety Products, LLC, GATTO ASTUCCI SPA, Rongyu Packing, Umiya Plast, Aesop Technologies, Well Packaging limited, Processo Plast Enterprise private limited, Wuxi Tianen spectacles case company limited, and lsunny Co. Limited among others.
Top 5 countries driving most of the demand for eyewear packaging are the US, Germany, Japan, China, and GCC Countries.
China, U.S., France and Germany are major producers and exporters of eyewear packaging.
