Asia Pacific

Ageing remains one of the most significant demographic factors impacting eyewear in Hong Kong. In early 2023, over 21.6% of the population in Hong Kong were aged 65 years and older, and thus likely to be in need of some type of presbyopia-related…

Demand for spectacles started to improve in 2021 after the decline witnessed in 2020 due to the pandemic. As consumers have resumed their lives and restrictions have eased, sales of spectacles, both in volume and value terms, have recovered and show…

With the prevalence of smartphone use in modern society, consumers of all ages, from young children to adults, are constantly exposed to blue light, which is leading to increasing demand for spectacle lenses with blue light filters. Particularly for…

Demand for sunglasses is rising, in line with greater mobility outside of the home and the resumption of travel following the reopening of Hong Kong’s border in early 2023. Although domestic sales of sunglasses are expected to decline due to a…

Demand for sunglasses continues to grow in 2023, with both value and volume growth higher than 2022 levels. Sunglasses was the most negatively impacted category within eyewear during the pandemic as consumers tightened their spending and were…

As COVID-19 restrictions have lifted in South Korea and consumers are returning to their daily routines, demand for sunglasses has recovered in 2023, with the category also recording a third consecutive year of double-digit current value growth.…

While the growth rate of contact lenses considerably slowed in 2022 compared to the dynamic performance recorded the previous year, both retail volume and current value sales of contact lenses have returned to double-digit growth in 2023. This is…

The average unit price of contact lens and solutions is rising in 2023, with many manufacturers forced to increase their overall prices following the impact of the war in Ukraine on production, raw material costs, and shipping. In addition,…

The growth of contact lenses in the Philippines is bolstered by increased accessibility. Advances in retail distribution have allowed an increasing number of brands to establish a foothold in the country, making contact lenses readily available to a…

Following the ending of China’s “zero-Covid” policy, overall eyewear is returning to positive growth in 2023, accompanied by a resumption of supply chain and offline activities. On the one hand, the demand that was not met in 2022, due to trade…

Sales of eyewear in Japan are being heavily influenced by unit price increases in 2023, following various unfavourable external conditions impacting production, raw material costs, and shipping of products. Furthermore, increasing labour costs and…

The Philippines' eyewear industry is seeing significant growth in 2023 - a direct result of increased travel and tourism rates. This uptick in tourism was catalysed by an amalgamation of aggressive promotional campaigns led by major airlines and…

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…

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,…

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…

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 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…

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…

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…

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…