Future China Luxury Eyewear Market: Key Dynamics, Size & Share Analysis

The China Luxury Eyewear Market size was valued at around USD 0.87 billion in 2024 and is projected to reach USD 1.33 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.02% during the forecast period, i.e., 2025-30. This growth in the market is mainly attributed to the rise in the consumption of luxury goods in China. This growth in luxury consumption in China was experienced during the COVID-19 pandemic in China. This is because the significant purchase of luxury goods by Chinese consumers happened during their travel overseas, which was hindered during the global lockdown. Additionally, China, which is responsible for the significant global manufacturing of luxury goods, localized this supply. These developments resulted in an increase in the purchase of luxury goods within China.

Top Challenges Impacting the China Luxury Eyewear Market Growth

Increasing Adoption of Counterfeit Products – China is famously referred to as the "World's Factory." This is because China represents more than 31% of the global manufacturing output. This is due to the Chinese government’s strong focus on developing manufacturing capabilities through incentives. This, coupled with the presence of a huge, cheap labor force, allows the country to manufacture less expensive goods at scale. Similarly, China has a massive eyewear production that is distributed across four regions: Danyang of Jiangsu, Wenzhou of Zhejiang, Xiamen of Fujian, and Shenzhen of Guangdong. The region is responsible for manufacturing luxury eyewear for companies like Essilor Luxttica. While luxury eyewear is being sold at a premium, their cheaper counterfeits make their way into the Chinese market. The presence of cheaper replicas of these luxury products will restrain the luxury eyewear market growth over the foreseeable future.

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Understanding the Core Segments in the China Luxury Eyewear Market

China Luxury Eyewear Market Size, Share & Industry Trends Analysis- By Product Type (Eyeglasses [Prescription Glasses, Fashion Eyewear, Reading Glasses, Computer Glasses], Sunglasses [Designer Sunglasses, Fashion Sunglasses], Contact Lenses), By Glass Type (Polaroid, Non-Polaroid), By Gender (Men, Women, Unisex, Kids), By Age Group ((2 – 10) Years, (11 – 17) Years, (18 - 24) Years, (25 – 40) Years, (41 – 56) Years, (57+) Years), By Price Range (USD 100 – 300, USD 301 – 500, USD 501 – 700, USD 701 – 900), Greater than (>) USD 900, By Distribution Channels (Online, Offline, [High-End Department Stores, Exclusive Brand Boutique, Optical Retailers, Luxury Retail Chains, Others (Hospitals & Clinics)]), By Size (Small, Medium, Large), By Frame Material (Metal, Plastic & Fiber), By Eyewear Shape (Rectangle, Square, Circle, Others0, By Frame Type (Rimmed, Rimless, Semi-Rimmed) and Others.

Geographical Analysis of the China Luxury Eyewear Market

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Who Dominates the China Luxury Eyewear Market Insights on Key Industry Players?

Companies are strengthening their presence in the China Luxury Eyewear market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • Chinatown Optical Group
  • Gentle Monster
  • Puyi Opticals
  • Kering Eyewear
  • Mujosh
  • Mantra Eyewear
  • Essilor Luxottica
  • Carl Zeiss
  • Matsuda
  • Safilo Group
  • Luxury Eyesight
  • Bausch & Lomb
  • Silhouette
  • Others

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