Burlingame, CA, Aug. 08, 2025 (GLOBE NEWSWIRE) — The global Spectacle Lens Market is estimated to be valued at USD 57.56 Bn in 2025 and is expected to reach USD 78.91 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.6% from 2025 to 2032. The spectacle lens market is growing steadily, fueled by the rising prevalence of vision problems such as myopia, hyperopia, and presbyopia, driven by aging populations and increased screen exposure. Technological advancements, including lightweight materials, blue light–blocking coatings, and photochromic lenses, are enhancing product appeal and functionality. Increasing consumer preference for customized and fashion-forward eyewear, coupled with expanding optical retail networks, is boosting global demand. With the surge in digital device usage and greater awareness of eye health, the spectacle lens market is set to maintain strong growth in the coming years.
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Global Spectacle Lens Market Key Takeaways
According to Coherent Market Insights (CMI), the global spectacle lens market size is expected to grow from USD 57.56 Bn in 2025 to USD 78.91 Bn by 2032, registering a CAGR of 4.6%.
Single vision lenses are set to remain the top-selling lens type, accounting for nearly half of the global spectacle lens market share in 2025.
Based on coating type, anti-reflective coating segment is projected to dominate the industry, holding a market share of 34.4% by 2025.
By disease indication, myopia category is slated to hold a prominent market share of 54.1% in 2025.
North America, with an estimated market share of 43.6% in 2025, is expected to maintain its dominance during the forecast period.
Asia Pacific spectacle lens market is poised to exhibit fastest growth rate during the assessment period.
Increasing Incidence of Vision Disorders Fueling Market Growth
Coherent Market Insights’ latest spectacle lens market analysis identifies prominent factors driving industry growth. These include growing incidence of vision impairments, rising focus on eye care, and increasing screen time due to increased usage of digital devices.
Vision impairments like myopia, presbyopia, hyperopia, and astigmatism are becoming increasingly common worldwide. According to the World Health Organization (WHO), about 2.2 billion people globally have near or distance vision impairment.
This growing burden of vision problems is expected to drive demand for spectacle lenses during the forecast period. These lenses remain a primary solution for correcting a wide range of visual impairments.
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Growing Popularity of Contact Lenses and Refractive Surgeries Hampering Market Growth
The prospective spectacle lens market outlook looks optimistic, owing to rising incidence of vision-related problems. However, rising popularity of contact lenses as well as refractive surgeries presents a significant barrier to widespread market expansion.
Many individuals, especially younger demographics, opt for contact lenses and LASIK surgeries for aesthetic and convenience reasons. Growing adoption of these alternatives might reduce overall spectacle lens market demand during the forecast period.
Increasing Awareness of Eye Health Unlocking New Growth Opportunities
Modern consumers are becoming increasingly aware of the importance of eye health and timely vision correction. This awareness is translating into higher spending on vision correction solutions such as spectacle lenses, creating new revenue opportunities for industry participants.
Governments and healthcare institutions across the globe are launching initiatives and public …