The growing technological infrastructure will assist leading blue light blocking glasses manufacturers in innovating and expanding the market reach. Due to this, consumer demand will surge, enhancing the blue light blocking glasses market size. The growing demand for customizable products will likely benefit the market as products can be manufactured based on consumer requirements. The growing premium product segment will also govern the market growth.
NEWARK, DE / ACCESSWIRE / August 15, 2024 / The growing demand for protection against digital rays will elevate the blue light-blocking glasses market size to USD 5.98 billion by 2034 at a CAGR of 7.9%. This market valuation will be elevated from USD 2.79 billion, measured in 2024.
The dependence on digital devices will likely increase in the forecasted period. Subsequently, overexposure of human eyes to harmful digital rays will increase, generating more demand for blue light-blocking glasses, fueling its growth.
The growing prevalence of medical complications due to overexposure to digital rays will surge the demand for protective measures. Medical professionals are recommending protective pairs of glasses, fuelling the blue light-blocking glasses market growth.
The substantial growth in e-commerce and D2C channels will help leading blue light-blocking glasses manufacturers reach more consumers. Consequently, this will enlarge their target market, boosting the blue light-blocking glasses market size.
The growing health-consciousness will likely drive consumers to buy products that will ensure their optimum health. This is an important market driver. The growing fashion trends will encourage key players to use blue-light-blocking glasses in mainstream fashion. This trend will uplift the market growth.
Key Takeaways from the Market Study
The market will forecast a 7.9% CAGR for the next decade, which is fairly better compared to the historical CAGR, which was 7.3%.
The prescription type market segment will advance the highest, securing about 58% of the market space by 2024.
Spain will lead Europe, forecasting the blue light-blocking glasses market progress at a CAGR of 5.7%.
The Indian blue light-blocking glasses market will advance the fastest at a CAGR of 9.9%.
"Consumer price sensitivity and the availability of substitute goods are two key market growth restraints for the blue light-blocking glasses market," says Sudip Saha Managing Director and Co-Founder at Future Market Insights.
Competitive Landscape of the Blue Light-blocking Glasses Market
Leading blue light-blocking glasses manufacturers use many market expansion strategies. These often include mergers and acquisitions, partnerships, product launches, and collaborations with other players.
New entrants can ally with key marketers to gain a substantial market share. The following key developments are observed: -
In December 2023, Warby Parker participated in the Morgan Stanley Global Consumer & Retail Conference. This helped the firm showcase its product portfolio on a larger scale.
In April 2024, Gunnar Optiks launched a new product called Clear Pro Lenses. This product included the feature of offering a perfect color rendition.
Key Companies Profiled
Felix Gray
Warby Parker
Gunnar Optiks
EyeBuyDirect
Pixel Eyewear
Zenni Optical
Swanwick Sleep
Other
Blue Light blocking Glasses Market - Key Segments
By Type:
Prescription Glasses
Non-prescription Glasses
By Lens Type:
Clear Lenses
Yellow-Tinted Lenses
By End Use:
Computer Users
Gamers
Students
Others
By Consumer Orientation:
Women
Men
Kids
By Sales Channel:
Direct Sales
Hypermarkets/Supermarkets
Specialty Stores (Optical Stores)
Franchise Outlets
Hospitals/Clinics
Online
By Region:
North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East and Africa
Browse Full Report! https://www.futuremarketinsights.com/reports/blue-light-blocking-glasses-market
About the Consumer Product Domain at Future Market Insights
Future Market Insights's consumer product team offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one million+ data points, the team has lucidly analyzed the industry in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.
Author By:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client's requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting' at the ET Inspiring Leaders Awards 2022.
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