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Country Report

Eyewear in

Eyewear in China

Aug 2020

US$1,210

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

COVID-19 impact on eyewear

Eyewear was seeing healthy growth in China prior to COVID-19. An increase in the number of eye care professionals coupled with improving living standards saw growing numbers of consumers investing in a range of products, while rising rates of myopia and presbyopia was another key growth driver.

COVID-19 country impact

There was a strict lockdown in Hubei province in China from 23 January to 8 April, while other provinces imposed different social distancing policies and partial lockdowns. Movement in and out of the worst-hit provinces was banned until 4 February, with 14 days quarantine required for those moving between provinces.

Company response

The big story at the end of the review period was the merger of two eyewear giants: Essilor and Luxottica. Following the merger this saw the newly formed GBO EssilorLuxottica establish a strong lead in spectacles and sunglasses in 2019.

Retailing shift

With optical shops closed due to the lockdown there has been a greater onus on e-commerce to pick up the slack, but it has only really seen considerable success in contact lenses and solutions. With Tmall and other online retailers having rapidly grown their share during the review period by offering a wide range of contact lenses at attractive prices, e-commerce has been in a much better position to absorb sales of these products in 2020.

What next for eyewear?

As China eases its restrictions sales of eyewear are expected to rebound strongly, with it still seen to be an industry with huge growth potential. In the short-term, many consumers will be eager to replace broken spectacles and out-of-date prescriptions, while contact lenses should benefit from consumers venturing outside again.

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Eyewear Sample Report Sample Data Extraction

Overview

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.

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 China. 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 China 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 China?

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

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Eyewear in China

EXECUTIVE SUMMARY

COVID-19 impact on eyewear

COVID-19 country impact

Company response

Retailing shift

What next for eyewear?

MARKET DATA

Table 1 Sales of Eyewear by Category: Volume 2015-2020
Table 2 Sales of Eyewear by Category: Value 2015-2020
Table 3 Sales of Eyewear by Category: % Volume Growth 2015-2020
Table 4 Sales of Eyewear by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Eyewear: % Value 2015-2019
Table 6 LBN Brand Shares of Eyewear: % Value 2016-2019
Table 7 Distribution of Eyewear by Format: % Value 2015-2020
Table 8 Forecast Sales of Eyewear by Category: Volume 2020-2025
Table 9 Forecast Sales of Eyewear by Category: Value 2020-2025
Table 10 Forecast Sales of Eyewear by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Eyewear by Category: % Value Growth 2020-2025

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DEFINITIONS

SOURCES

Summary 1 Research Sources

Contact Lenses and Solutions in China

KEY DATA FINDINGS

2020 IMPACT

E-commerce helps soften the blow as sales slump in 2020

Daily disposable lenses continues to grow in spite of COVID-19

Fashion influencing sales of contact lenses

RECOVERY AND OPPORTUNITIES

The future of contact lenses looks bright with consumers focused on eye health

Top three players set to consolidate their stronghold

Johnson & Johnson launches transition contact lenses with one eye on the future

CATEGORY DATA

Table 12 Sales of Contact Lenses by Category: Volume 2015-2020
Table 13 Sales of Contact Lenses by Category: Value 2015-2020
Table 14 Sales of Contact Lenses by Category: % Volume Growth 2015-2020
Table 15 Sales of Contact Lenses by Category: % Value Growth 2015-2020
Table 16 Sales of Contact Lens Solutions: Value 2015-2020
Table 17 Sales of Contact Lens Solutions: % Value Growth 2015-2020
Table 18 Sales of Contact Lenses by Type: % Value 2015-2020
Table 19 Sales of Daily Disposable Lenses (DD) by Material: % Value 2015-2020
Table 20 Sales of Daily Disposable Lenses (DD) by Condition: % Value 2015-2020
Table 21 Sales of Frequent Replacement Lenses (FRP) by Material: % Value 2015-2020
Table 22 Sales of Frequent Replacement Lenses (FRP) by Condition: % Value 2015-2020
Table 23 NBO Company Shares of Contact Lenses: % Value 2015-2019
Table 24 LBN Brand Shares of Contact Lenses: % Value 2016-2019
Table 25 Distribution of Contact Lenses by Format: % Value 2015-2020
Table 26 Distribution of Contact Lens Solutions by Format: % Value 2015-2020
Table 27 Forecast Sales of Contact Lenses by Category: Volume 2020-2025
Table 28 Forecast Sales of Contact Lenses by Category: Value 2020-2025
Table 29 Forecast Sales of Contact Lenses by Category: % Volume Growth 2020-2025
Table 30 Forecast Sales of Contact Lenses by Category: % Value Growth 2020-2025
Table 31 Forecast Sales of Contact Lens Solutions: Value 2020-2025
Table 32 Forecast Sales of Contact Lens Solutions: % Value Growth 2020-2025

Sunglasses in China

KEY DATA FINDINGS

2020 IMPACT

Trapped at home, consumer demand for sunglasses slumps in 2020

Lockdown puts a hold on travel and outdoor pursuits

E-commerce set to benefit from store closures and concerns over social distancing

RECOVERY AND OPPORTUNITIES

Fast fashion could see gains as economy comes under pressure

Korean culture remains an important influence while e-commerce is primed for further growth

Newly formed powerhouse EssilorLuxottica tipped for bright future

CATEGORY DATA

Table 33 Sales of Sunglasses: Volume 2015-2020
Table 34 Sales of Sunglasses: Value 2015-2020
Table 35 Sales of Sunglasses: % Volume Growth 2015-2020
Table 36 Sales of Sunglasses: % Value Growth 2015-2020
Table 37 NBO Company Shares of Sunglasses: % Value 2015-2019
Table 38 LBN Brand Shares of Sunglasses: % Value 2016-2019
Table 39 Distribution of Sunglasses by Format: % Value 2015-2020
Table 40 Forecast Sales of Sunglasses: Volume 2020-2025
Table 41 Forecast Sales of Sunglasses: Value 2020-2025
Table 42 Forecast Sales of Sunglasses: % Volume Growth 2020-2025
Table 43 Forecast Sales of Sunglasses: % Value Growth 2020-2025

Spectacles in China

KEY DATA FINDINGS

2020 IMPACT

Sales disrupted in 2020 by store closures despite rising rates of myopia

Fashion and functionality key to sales

E-commerce offers potential but optical shops retain key advantages

RECOVERY AND OPPORTUNITIES

Spectacles set for bright future despite setback

Spectacles set to become more consolidated as Essilor merges with Luxottica

Focus on quality and added value in a congested marketplace

CATEGORY DATA

Table 44 Sales of Spectacles by Category: Volume 2015-2020
Table 45 Sales of Spectacles by Category: Value 2015-2020
Table 46 Sales of Spectacles by Category: % Volume Growth 2015-2020
Table 47 Sales of Spectacles by Category: % Value Growth 2015-2020
Table 48 Sales of Spectacle Lenses by Type: % Value 2015-2020
Table 49 NBO Company Shares of Spectacles: % Value 2015-2019
Table 50 LBN Brand Shares of Spectacles: % Value 2016-2019
Table 51 Distribution of Spectacles by Format: % Value 2015-2020
Table 52 Forecast Sales of Spectacles by Category: Volume 2020-2025
Table 53 Forecast Sales of Spectacles by Category: Value 2020-2025
Table 54 Forecast Sales of Spectacles by Category: % Volume Growth 2020-2025
Table 55 Forecast Sales of Spectacles by Category: % Value Growth 2020-2025

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Megatrends

Country Report

Eyewear in China

New Report Guarantee

Executive Summary

New Report Guarantee

COVID-19 impact on eyewear

COVID-19 country impact

Company response

Retailing shift

What next for eyewear?

Samples

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Eyewear in China

EXECUTIVE SUMMARY

COVID-19 impact on eyewear

COVID-19 country impact

Company response

Retailing shift

What next for eyewear?

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DEFINITIONS

SOURCES

Contact Lenses and Solutions in China

KEY DATA FINDINGS

2020 IMPACT

E-commerce helps soften the blow as sales slump in 2020

Daily disposable lenses continues to grow in spite of COVID-19

Fashion influencing sales of contact lenses

RECOVERY AND OPPORTUNITIES

The future of contact lenses looks bright with consumers focused on eye health

Top three players set to consolidate their stronghold

Johnson & Johnson launches transition contact lenses with one eye on the future

CATEGORY DATA

Sunglasses in China

KEY DATA FINDINGS

2020 IMPACT

Trapped at home, consumer demand for sunglasses slumps in 2020

Lockdown puts a hold on travel and outdoor pursuits

E-commerce set to benefit from store closures and concerns over social distancing

RECOVERY AND OPPORTUNITIES

Fast fashion could see gains as economy comes under pressure

Korean culture remains an important influence while e-commerce is primed for further growth

Newly formed powerhouse EssilorLuxottica tipped for bright future

CATEGORY DATA

Spectacles in China

KEY DATA FINDINGS

2020 IMPACT

Sales disrupted in 2020 by store closures despite rising rates of myopia

Fashion and functionality key to sales

E-commerce offers potential but optical shops retain key advantages

RECOVERY AND OPPORTUNITIES

Spectacles set for bright future despite setback

Spectacles set to become more consolidated as Essilor merges with Luxottica

Focus on quality and added value in a congested marketplace

CATEGORY DATA

Why buy this report?

Want to find out more about this report?

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