South Korea Eyewear Market Size, Share, and COVID-19 Impact Analysis, By Product (Spectacles, Sunglasses, Contact Lenses), By Gender (Men, Women, Unisex), and South Korea Eyewear Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsSouth Korea Eyewear Market Insights Forecasts to 2035
- The South Korea Eyewear Market Size was estimated at USD 3.1 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 5.17% from 2025 to 2035
- The South Korea Eyewear Market Size is Expected to Reach USD 5.4 Billion by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Eyewear Market is anticipated to reach USD 5.4 billion by 2035, growing at a CAGR of 5.17% from 2025 to 2035. The market is driven by a number of factors, including shifting fashion trends and a greater emphasis on personal style, the increasing prevalence of vision-related problems, the rapid technological advancements in lens materials, the aging population, and the growing awareness of the significance of protecting eyes from blue light exposure and harmful ultraviolet (UV) rays.
Market Overview
The South Korean eyewear market encompasses the production, distribution, and consumption of fashion eyewear and vision correction products are all included in the South Korean eyewear market. This market comprises contact lenses, sunglasses, and prescription eyeglasses for both practical and decorative uses. It is distinguished by a fusion of fashion-conscious consumer behavior and health-driven demand. Additionally, the market for eyewear is greatly influenced by technological advancements in lens designs and materials. Modern lens technologies, coatings, and materials improve eyewear's comfort and usefulness. Not only do anti-reflective coatings, photochromic lenses, and lightweight materials enhance vision correction, but they also meet particular requirements like glare reduction, lighting adaptation, and increased durability. Furthermore, another important factor propelling market growth is the aging of the world's population. Vision-related disorders like presbyopia, cataracts, and macular degeneration are more common as people age. The market is growing because the aging population needs specialized eyewear solutions, such as progressive lenses, reading glasses, and other vision aids.
Report Coverage
This research report categorizes the market for the South Korea eyewear market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea eyewear market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea eyewear market.
South Korea Eyewear Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | By Product, By Gender and COVID-19 Impact Analysis |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.17% |
2035 Value Projection: | USD 5.4 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 121 |
Segments covered: | By Product, By Gender and COVID-19 Impact Analysis |
Companies covered:: | Gentle Monster, Breezm, Davich Optical Chain, Lens Me, Optic Life, Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis. |
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Driving Factors
The growing emphasis on eye health is the main factor propelling the South Korean market. Accordingly, the market is being positively impacted by the increasing prevalence of vision-related problems. The need for corrective eyewear is rising as a result of factors like extended screen time, the use of digital devices, and shifting lifestyles. In order to meet the various needs of people with refractive errors, the market sees an increase in the sales of prescription eyeglasses and contact lenses. Additionally, the market is expanding due in large part to shifting fashion trends and the increasing impact of style on consumer decisions.
Restraining Factors
Purchases of eyewear are usually not covered by health insurance in South Korea, so customers must pay for them out of pocket. This lack of coverage can limit market accessibility by discouraging potential customers, particularly for more expensive or high-end eyewear options.
Market Segmentation
The South Korea eyewear market share is classified into product and gender.
- The spectacles segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea eyewear market is segmented by product into spectacles, sunglasses, and contact lenses. Among these, the spectacles segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The need for vision correction is very common, particularly among working professionals and students. Further, the dual function of spectacles as fashion and functional accessories, frequently influenced by K-fashion and celebrity trends
- The unisex segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea eyewear market is segmented by gender into men, women, and unisex. Among these, the unisex segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. It is anticipated that the unisex market will keep expanding due to changing fashion trends and a move in the eyewear sector toward gender neutral products.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea eyewear market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Gentle Monster
- Breezm
- Davich Optical Chain
- Lens Me
- Optic Life
- Others
Recent Developments:
- In June 2025, The South Korean eyewear brand, on a mission to make perfect-fit glasses accessible worldwide through innovative design and inclusive pricing, was selected as the subject of a Harvard Business School (HBS) case study titled "Breezm: Innovative 3D-Printed Eyewear."
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Eyewear Market based on the below-mentioned segments:
South Korea Eyewear Market, By Product
- Spectacles
- Sunglasses
- Contact Lenses
South Korea Eyewear Market, By Gender
- Men
- Women
- Unisex
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