I had something very similar about a year and a half ago, including the peeling eczema under my eyes. The
eye doc felt it was allergies that turned into a lengthy infection. I got antibiotic steroid
eye drops and used them for 10 days. I also was prescribed Pataday once a day before bed, and I use over the counter Alaway once or twice during the day, too. The eczema went away, but bags didn't completely go away but they improved.