Reading Glasses Market Size, Share, Growth Analysis, By Age group.(Less than 18 years, 18 to 64 years, 65 years, above), By Type(Prescription Glasses, OTC Reading Glasses), By Region - Industry Forecast 2024-2031

Reading Glasses Market Driver

• Increasing preference for prescription reading glasses to aid the growth of the reading glasses market. Since most people only need low-powered readers, reading glasses typically come in strengths of 1-3 and are rarely manufactured for strengths greater than 4. The prescription segment dominates the market in terms of type and is anticipated to continue dominating during the forecast period. This is due to consumers' increasing emphasis on finding reading glasses with better vision correction and frame fit. Because they are ready-made in nature, OTC reading glasses have the same corrective strength for both eyes and are of relatively poor quality. As a result, consumers are favoring prescription reading glasses more and more.
• Increasing use of online glasses shopping portals to promote growth of the reading glasses market. Due to the emergence of numerous e-commerce websites, reading glasses sales are rapidly increasing in the internet age. Additionally, because these online portals offer more discounts when buying from retail stores, customers are gravitating towards them. Along with this, the growing use of smartphones and the widespread internet are expected to drive the reading glasses market's expansion in the near future. In order to target larger consumer bases, many reputable manufacturers are also redesigning their sales and marketing strategies.

Reading Glasses Market Restraint

• People are fond of stylish and designer frames that suit their faces. Revolutionized youth overall globe is always in the surge of purchasing new frames which go with their personality and items of clothing. Such stylish eyeglasses come with the disadvantage of higher costs which obstruct the growth of the market.