India has been one of the fastest growing eyewear markets over the past few years, with a growing share in the global eyewear industry. Growing personal disposable incomes, inclining population of people with vision impairments, increasing penetration of broadband and media, a high proportion of fashion driven purchases and rise in the new product offerings are some of the factors for the growth of the India eyewear industry.
The eyewear market in India has witnessed a steep incline in recent years on account of higher sales of eyewear across an array of segments. Spectacle lens sales have been favorably affected by the growth of people with some form of vision impairment, while the revenues from the sunglasses segment have been driven to a significant degree by an incline in purchases driven by new fashion trends and media penetration, along with the growing awareness amongst consumers regarding the benefits of wearing sunglasses. Internet driven sales of eyewear have resulted in the emergence of the online eyewear market in India. The penetration of broadband over the past several years has made the eyewear products available to a broader audience all across India. The eyewear industry in India is comprised of a large number of small scale manufacturing entities along with large eyewear producing companies, as well as a number of online eyewear retailers. India eyewear industry revenues have increased from USD 1,247 million in FY2007 at a CAGR of 27%.4 during FY2007-FY2013.
According to the research report India Eyewear Market Outlook to FY2018 - Rising Popularity of Online Eyewear Portals by Ken Research, the India eyewear market would grow at a considerable CAGR, exceeding USD 14,856 million by 2018 due to the major push from eyewear sales in the spectacle lens segment.
While rising disposable incomes, soaring population with visual impairment and increase in the number of fashion driven purchases will increase in the spending on eyewear products in India, steep rise in the penetration of broadband in tier I, tier II and tier III cities is expected to augment the revenues from the online eyewear retailers in India, according to the Research Analyst, Ken Research. The report provides detailed overview on the eyewear market in India and aids the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, eyewear companies and other stakeholders align their market centric strategies according to ongoing and expected trends in future.

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http://www.kenresearch.com/consumer-products--retail/specialty-retail-products/377-95/India-Eyewear-Market-Outlook-to-FY2018.html