Canadian eyewear is projected to experience heightened competition as new brands enter the area and existing players expand their presence. One notable example is Specsavers, a value-priced UK-optometry chain, which plans to establish 200 locations in Canada by 2024.
Value-priced eyewear players in Canada are expected to continue seeking innovative ways to differentiate themselves in a highly competitive landscape. An example of this is the launch of Elton John Eyewear by Walmart Canada in 2022.
Throughout the forecast period, brands are expected to introduce personalised spectacle lenses that leverage advanced technological innovations like Artificial Intelligence (AI). In 2023, Canadian eyewear distributor Centennial Optical introduced Rodenstock's AI-based Biometric Intelligent Glasses NORM progressive spectacle lenses in Canada.
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Understand the latest market trends and future growth opportunities for the Spectacles industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Spectacles industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Spectacles
This is the aggregation of spectacle frames, spectacle lenses and readymade reading glasses.
See All of Our DefinitionsThis report originates from Passport, our Spectacles research and analysis database.
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