Eyewear

In the post-COVID-19 era, it is no longer mandatory to wear masks in Taiwan but many people still prefer to do so. Many individuals in Taiwan prefer contact lenses over glasses due to the discomfort caused by wearing glasses and masks simultaneously.…

Spectacles experienced a decline in 2020 as a result of the outbreak of COVID-19 and home seclusion. However, the landscape saw positive growth in 2021, with pent-up demand and reduced spending on services resulting in many updating their spectacles.…

Spectacles, as a product area, demonstrated solid growth as it rebounded from the impact of the pandemic, returning to standard growth rates and drivers. Despite high inflation rates, industry sources noted that price increases, although higher than…

Hoya, a Japanese producer of spectacle lenses, has entered and exited eyewear in Argentina on multiple occasions over several years depending on how macroeconomic conditions have fluctuated. After an absence of some time, towards the end of the…

As COVID-19 restrictions ease in Taiwan, people are returning to their normal routines, including going back to the office, exercising outdoors, and traveling on holiday. Due to the strong preference for in-office working culture, demand for contact…

Eyewear continues to display a strong performance in 2023, following the modest decline recorded in 2020 during the outbreak of COVID-19. In 2021, eyewear registered strong growth due to pent-up demand, consumers' savings during the pandemic (with…

In 2023, eyewear takes a significant stride towards a "return to normal" as it transitions back to more typical growth rates. The previous year, 2022, witnessed strong growth driven by pandemic-related factors as consumers who had postponed purchases…

While eyewear in Argentina is poised to record high double-digit growth in total current value sales in 2023, this is because the country’s longstanding problems with inflation have worsened considerably due to the combined impact of the global…

Contact lenses and solutions continue to recover from the negative impact of the COVID-19 pandemic in 2023. Despite some government intervention in 2022, retail volume and current value sales still remain substantially lower than pre-pandemic levels…

Contact lenses and contact lenses solutions remained flat during 2022 and 2023. The essential nature of contact lenses meant that volume sales remained stagnant for both years, following a relatively modest decline during COVID-19 in 2020. The modest…

Contact lenses and solutions experienced robust growth in 2022 as the product area transitioned from the COVID-19 years of 2020 and 2021 to reach normalised historical growth rates. Daily disposable lenses led the growth, although industry sources…

International brands owned by major global producers such as Johnson & Johnson, Alcon, Bausch & Lomb and Cooper have long dominated contact lenses and solutions in Argentina. However, with soaring inflation eroding purchasing power and import…

Sales of sunglasses in the US experienced a sharp decline in 2020 and early 2021 due to the pandemic. However, the category bounced back to 2019 levels in current value sales terms in 2022, faster than expected. This recovery can be attributed to the…

After a very positive 2022 during which saw sunglasses recorded double-digit growth in value and volume terms, 2023 is set to be a more complex year for the category. The dynamic growth seen in 2022 was linked to the category’s ongoing recovery after…

Retail value sales of sunglasses registered accelerated growth in constant value terms in 2023, surpassing the performance of the previous year. As the country emerged from the COVID-19 crisis, Indonesians became increasingly keen to socialise and…

In contrast to the highly impressive performance in 2022, sunglasses in France is set to see less impressive though still-solid volume and current value sales growth throughout 2023. The anticipated heatwave – typically a boon for sunglasses sales,…

As consumers fully emerge from the shadows of pandemic recovery and re-establish normalcy, spectacles continues to witness steady growth, even surpassing pre-pandemic sales levels in both current value and volume terms. Compared to its double-digit…

Sales of spectacles are set to see only moderate growth in current value terms in 2023, with growth being curbed by the low purchasing power of many Italians. Due to the impact of high inflation on the cost of living many people are being forced to…

Retail sales of spectacles advanced at a slower rate in constant value terms in 2023, continuing the trend of the previous year. Unlike contact lenses, the category registered healthy growth during the pandemic years, due to the fact that glasses…

Despite administrative complexities, sales of spectacles in France are set to maintain steady growth in both volume and current value terms throughout 2023, although this is likely to vary across different regions and types of opticians –…