Re: Year Ender Trend Stories, Inputs and Articles for insights into Optical and Eyewear industry – EyeGear Optics Pvt Ltd | PERFECT WOMAN MAGAZINE

Re: Year Ender Trend Stories, Inputs and Articles for insights into Optical and Eyewear industry – EyeGear Optics Pvt Ltd | PERFECT WOMAN MAGAZINE

EyeGear Optics Pvt Ltd was founded in the year 2008 by Mr. Raj Pyla and his business associates. The company has so far raised ₹ 68Cr over two rounds from Asian Healthcare Fund and VenturEast. It is the parent company of two leading eyewear brands – Ben Franklin and EyeGear. Ben Franklin, a B2B2C chain of prescription eyewear products, provides its customers across age groups and socio-economic strata access to high quality, fashionable and affordable eyewear across India. EyeGear is the only end-to-end, one stop B2B optical platform for Mom & pop optical retailers to purchase inventory. It offers the largest collection of eyewear products with 2500+ styles.

The Indian eyewear industry is currently valued at USD 7.4 billion and is expected to exhibit a CAGR of 9.07 percent during 2022-2027. This surge in the demand is mainly due to the consumers getting more conscious about their health and well-being in recent days. When the pandemic forced everyone into lockdown, the only way for the people to keep their lives going was through digital means. Needless to say that it made a considerable impact on the eyes of the people. So, the post pandemic days in the year 2022 saw the people gaining more awareness towards their eyes and eye health, leading to an increased demand for prescription eyewear. However, it is still a perplexing task for many to find a perfect pair of stylish and affordable prescription eyewear.

Hence, to meet the growing consumer demand and fill the void by being an affordable yet stylish brand, Ben Franklin and EyeGear provide a range of high-end, affordable, stylish, comfortable spectacles, sunglasses, and lenses for everyday use to a large customer base across diverse age groups, 14 – 40 years and above.

We will be happy to provide you with inputs for some year-ender on behalf of Mr. Raj Pyla, Co-founder and Managing Director, EyeGear Optics and what the future holds in store for the eyewear sector in 2023 and beyond –

  • What does 2023 hold for the future of the eyewear industry?
  • What new technological advancements are expected in the eyewear industry in the next year?
  • What are some new trends that the eyewear sector may witness in 2023?
  • Top 5 ways in which eyewear brands can equip themselves to meet the consumer demand in the subsequent years.
  • Which sector of the eyewear industry may witness a rise in 2023?
  • How can globalisation affect the consumer’s preference for eyewear in the subsequent years?
  • What will be the new challenges for the B2B sector in 2023?
  • Is the B2B sector still credible as compared to the D2C sector?

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