BROWSE THROUGH OUR TRADE FAIRS IN GERMANY FOR EYEWEAR INDUSTRY

Germany is among the leading and time-honoured countries in the European eyewear industry. It is similarly a central and primary state for the global segment of the sector. It is due to the comprehensive and high-value eyewear industry featured in the Federative Republic of Germany. This is a sector that generates high turnovers and features high volumes. For example, in recent years, the segment has produced total sales totalling 4 750 000 000 EUR. It includes 2 420 000 000 EUR from domestic sales and 2 330 000 000 EUR from exports. In addition, it is expected to grow at a CAGR of 1.90% and have a volume growth of 2.2% in the upcoming years. It is due to the eyewear industry of the country being forecasted to produce up to 400 900 000 pieces. This is due to the high popularity and demand for eyewear within Germany. It is due to approximately 50% of the country’s population utilising eyesight aids. It includes glasses and contact lenses. Diverse small and medium-sized enterprises and extensive, time-honoured corporations produce such wares. They represent the entire value chain. It includes upstream, midstream and downstream firms related to production, distribution, and retail. A notable detail regarding the German eyewear industry is its prime focus on research and development. It is due to such a focus aiding it in adapting to the latest challenges. Often, the sector displays its latest models and innovations during annual trade expos. Such events, hosted in diverse cities, attract tens of thousands of attendees.