Analysis of Glasses Production and Market in China

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Consumers' needs for glasses and lenses focus on improving vision, relieving visual fatigue, avoiding harmful light that irritates the eyes, etc. When choosing lenses for their children, they pay special attention to protecting children's eyes and the functions of preventing and controlling myopia. Well-known brands in the eyewear industry in China include Visionox, Carl Zeiss, Wanxin and Mingyue. International brands still have an advantage; the concentration of the lens market will further increase in the future, and leading domestic brands will have a good opportunity to rise.

China's eyewear industry is relatively concentrated. After years of development, Danyang, Jiangsu Province, and Henggang, Shenzhen have become important bases for the combination of Chinese eyewear production and sales. These eyewear production bases collect most of China's production capacity, ensuring a steady supply of products to kenya number data the domestic and global markets. In 2022, the total market of the global eyewear industry is about US$99.1 billion, showing an annual growth rate of 6.1%. Among them, Asia, North America and Europe are the most important markets for the global eyewear industry, and the three markets account for nearly 90% of the total market. Of which, the Asian market accounts for about 33.37%, the North American market accounts for about 27.69%, and the European market accounts for about 26.18%.

After nearly a decade of rapid development, the total output of glasses in China now accounts for 70% of the world's total. China has become not only the world's leading glasses-producing country, but also one of the countries with the greatest potential for glasses consumption in the world. Data show that in 2022, the market size of China's glasses industry is about 110.8 billion yuan, representing an annual growth rate of 3.2%. Among them, the sunglasses market accounts for 34.7%; the spectacle frame market accounts for 27.7%; the spectacle lenses market accounts for 23.6%; and the contact lenses market accounts for 12.5%.