Executive Summary

Jul 2019
Steady growth registered again in 2019 as contact lenses become more popular and glasses secure their role as a must-have accessory

Steady, sustainable growth continued to characterise eyewear in Canada during 2019. Overall, sales continued to be supported by the ageing population, which means more people who require vision correction.

Rising demand underpinned by rising prevalence of myopia and presbyopia

With demand for eyewear already fairly mature among the existing consumer audience, much of the sales growth seen in the industry in 2019 was driven by the rising incidence of myopia and presbyopia among the Canadian population. It is becoming increasingly clear that the rising prevalence of myopia over the last decade is due to the dramatic increase seen in the use of electronic devices and the far less time being spent outdoors.

Essilor and Luxottica merger creates the new leading player in eyewear

October 2018 saw the completion of the long-awaited merger between Essilor (the global leader in spectacle lenses) and Luxottica (the global leader in spectacle frames and sunglasses). This transaction created the outright leader in eyewear in Canada and at global level.

Optical shops dominant in eyewear distribution despite internet retailing gaining

Few changes were seen in the retail distribution of eyewear in 2019, apart from the seemingly relentless rise of internet retailing. Optical shops remains the dominant source of eyewear and this is mainly because of the desire of consumers to consult with professional staff when buying corrective lenses and to try on a variety of frames when purchasing spectacles and sunglasses.

Positive growth slated for eyewear over the forecast period

With the underlying demographic and lifestyle trends all positive for sales of eyewear, the industry is expected to continue recording moderate positive sales growth throughout the forecast period. In particular, silicone hydrogel daily disposable contact lenses are set to continue registering strong growth as growing numbers of consumers see them as safer, more convenient and more comfortable than frequent replacement contact lenses, for instance.

Want to find out more about this report?
Request more information
Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Your Recently Viewed Reports

Eyewear in Canada

Samples (FAQs about samples):

Delivery: Files are delivered directly into your account within a few minutes of purchase.

This Euromonitor market report provides market trend and market growth analysis of the Eyewear industry in Canada. With this market report, you’ll be able to explore in detail the changing shape and potential of the industry. You will now be able to plan and build strategy on real industry data and projections.

The Eyewear in Canada market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Five year forecasts of market trends and market growth  
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • How are sales of contact lenses performing compared to spectacles?
  • What’s the growth potential for emerging retail channels in eyewear?
  • How are demographic changes impacting the industry in Canada?

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our eyewear market research database.

Each report is delivered with the following components:
Report: PDF
Market statistics: Excel workbook

Eyewear in Canada

EXECUTIVE SUMMARY

Steady growth registered again in 2019 as contact lenses become more popular and glasses secure their role as a must-have accessory
Rising demand underpinned by rising prevalence of myopia and presbyopia
Essilor and Luxottica merger creates the new leading player in eyewear
Optical shops dominant in eyewear distribution despite internet retailing gaining
Positive growth slated for eyewear over the forecast period

MARKET DATA

Table 1 Sales of Eyewear by Category: Volume 2014-2019
Table 2 Sales of Eyewear by Category: Value 2014-2019
Table 3 Sales of Eyewear by Category: % Volume Growth 2014-2019
Table 4 Sales of Eyewear by Category: % Value Growth 2014-2019
Table 5 NBO Company Shares of Eyewear: % Value 2014-2018
Table 6 LBN Brand Shares of Eyewear: % Value 2015-2018
Table 7 Distribution of Eyewear by Format: % Value 2014-2019
Table 8 Forecast Sales of Eyewear by Category: Volume 2019-2024
Table 9 Forecast Sales of Eyewear by Category: Value 2019-2024
Table 10 Forecast Sales of Eyewear by Category: % Volume Growth 2019-2024
Table 11 Forecast Sales of Eyewear by Category: % Value Growth 2019-2024

DEFINITIONS

SOURCES

Summary 1 Research Sources

Contact Lenses and Solutions in Canada

HEADLINES

PROSPECTS

Eye health awareness favourable for sales of contact lenses and solutions
Convenience rules as consumers favour daily disposables
Lifestyle trends mean more screen time and more scope for sales of contact lenses

COMPETITIVE LANDSCAPE

Johnson & Johnson maintains its strong lead with new product developments
Leading players target consumers with myopia, offering convenience
Competition bureau flexes its muscle, implications for the competitive environment

CATEGORY DATA

Table 12 Sales of Contact Lenses by Category: Volume 2014-2019
Table 13 Sales of Contact Lenses by Category: Value 2014-2019
Table 14 Sales of Contact Lenses by Category: % Volume Growth 2014-2019
Table 15 Sales of Contact Lenses by Category: % Value Growth 2014-2019
Table 16 Sales of Contact Lens Solutions: Value 2014-2019
Table 17 Sales of Contact Lens Solutions: % Value Growth 2014-2019
Table 18 Sales of Contact Lenses by Type: % Value 2014-2019
Table 19 Sales of Daily Disposable Lenses (DD) by Material: % Value 2014-2019
Table 20 Sales of Daily Disposable Lenses (DD) by Condition: % Value 2014-2019
Table 21 Sales of Frequent Replacement Lenses (FRP) by Material: % Value 2014-2019
Table 22 Sales of Frequent Replacement Lenses (FRP) by Condition: % Value 2014-2019
Table 23 NBO Company Shares of Contact Lenses: % Value 2014-2018
Table 24 LBN Brand Shares of Contact Lenses: % Value 2015-2018
Table 25 Distribution of Contact Lenses by Format: % Value 2014-2019
Table 26 Distribution of Contact Lens Solutions by Format: % Value 2014-2019
Table 27 Forecast Sales of Contact Lenses by Category: Volume 2019-2024
Table 28 Forecast Sales of Contact Lenses by Category: Value 2019-2024
Table 29 Forecast Sales of Contact Lenses by Category: % Volume Growth 2019-2024
Table 30 Forecast Sales of Contact Lenses by Category: % Value Growth 2019-2024
Table 31 Forecast Sales of Contact Lens Solutions: Value 2019-2024
Table 32 Forecast Sales of Contact Lens Solutions: % Value Growth 2019-2024

Spectacles in Canada

HEADLINES

PROSPECTS

Rising incidence of myopia likely to be favourable for sales of spectacles
Readymade reading glasses to benefit from the ageing population
More fashionable frames present opportunities for niche brands with a specific look

COMPETITIVE LANDSCAPE

Essilor and Luxottica remain at the top of the rankings
Constant introductions of new brands is a sign of a competitive category
Optical shops remains dominant for sales of spectacles

CATEGORY DATA

Table 33 Sales of Spectacles by Category: Volume 2014-2019
Table 34 Sales of Spectacles by Category: Value 2014-2019
Table 35 Sales of Spectacles by Category: % Volume Growth 2014-2019
Table 36 Sales of Spectacles by Category: % Value Growth 2014-2019
Table 37 Sales of Spectacle Lenses by Type: % Value 2014-2019
Table 38 NBO Company Shares of Spectacles: % Value 2014-2018
Table 39 LBN Brand Shares of Spectacles: % Value 2015-2018
Table 40 Distribution of Spectacles by Format: % Value 2014-2019
Table 41 Forecast Sales of Spectacles by Category: Volume 2019-2024
Table 42 Forecast Sales of Spectacles by Category: Value 2019-2024
Table 43 Forecast Sales of Spectacles by Category: % Volume Growth 2019-2024
Table 44 Forecast Sales of Spectacles by Category: % Value Growth 2019-2024

Sunglasses in Canada

HEADLINES

PROSPECTS

Sunglasses registers moderate sales growth as demand remains solid
Sunglasses status as fashion items continues to improve
New launches continue to add value for a discerning consumer base

COMPETITIVE LANDSCAPE

Luxottica-Essilor merger to reinforce the companies’ leading position in sunglasses
Luxottica’s diverse brand portfolio among its greatest strengths
Internet retailing continues to march onwards, optical shops still dominant

CATEGORY DATA

Table 45 Sales of Sunglasses: Volume 2014-2019
Table 46 Sales of Sunglasses: Value 2014-2019
Table 47 Sales of Sunglasses: % Volume Growth 2014-2019
Table 48 Sales of Sunglasses: % Value Growth 2014-2019
Table 49 NBO Company Shares of Sunglasses: % Value 2014-2018
Table 50 LBN Brand Shares of Sunglasses: % Value 2015-2018
Table 51 Distribution of Sunglasses by Format: % Value 2014-2019
Table 52 Forecast Sales of Sunglasses: Volume 2019-2024
Table 53 Forecast Sales of Sunglasses: Value 2019-2024
Table 54 Forecast Sales of Sunglasses: % Volume Growth 2019-2024
Table 55 Forecast Sales of Sunglasses: % Value Growth 2019-2024

Related Reports