Understand the cultural and socioeconomic influences that shape i...
Understand the cultural and socioeconomic influences that shape industry demand throughout Asia-Pacific, with local insight, market statistics and analysis ranging from strategic regional overview to in-depth coverage by country or city.
Demand for sunglasses in Thailand continues to recover in 2023, with the category recording another year of double-digit retail volume and value growth. The primary factor contributing to this impressive performance is the resumption of domestic and…
In Thailand, demand for spectacles started to notably rebound in 2022, with retail volume sales fully recovering to pre-pandemic levels in 2023. This recovery can be attributed to several factors, such as a return to previous daily lifestyles and…
Demand for eyewear in Thailand has rebounded rapidly since the reopening of the country following pandemic-related restrictions, with consumers eager to acquire various types of eyewear for different occasions. This is due to an instant resumption of…
In line with the gradual easing of COVID-19 restrictions in Thailand from the beginning of 2022, and their complete removal towards the end of the year, retail sales of contact lenses and solutions demonstrated a significant rebound in 2022. This…
Innovations within the eyewear industry, such as the integration of technology into sunglasses, are having a significant influence on consumer demand in the Philippines. Leading brands such as Ray-Ban are leading the charge, crafting sunglasses with…
The eyewear category of sunglasses is recording dynamic sales growth in 2023 following the lifting of various COVID-19 travel restrictions, leading to the resumption of travel and leisure activities. Consumers in Japan are enjoying greater time…
After high double-digit declines in 2022, demand for sunglasses is improving in 2023 but will struggle to return to pre-pandemic levels over the year. With the end of China’s “zero-Covid” policy, both supply chains and sales activity for sunglasses…
The increasing population in the Philippines is boosting the potential customer base for spectacles. As the population grows, so does the number of individuals requiring corrective eyewear. Spectacles, in particular, are experiencing rising demand…
Since late 2022, various manufacturers and retailers began to announce price increases for spectacles. Leading category player, JINS Inc, announced a 5-13% price increase for its spectacle frames in November 2022, while leading optical goods store,…
While demand for spectacles in China notably decreased in 2022 due to regional lockdowns, the category recorded double-digit growth rates in early 2023. Eyewear is a product that needs to be replaced on a regular basis, so pent-up demand from 2022…