Eyewear in France will not see witness growth as robust as it enjoyed in 2022. This is in large part due to the fact that consumers do not typically indulge in annual purchases of new sunglasses or prescription glasses.
Eyewear in France has continued to enjoy positive value growth throughout 2022-2023, driven by a flurry of key innovations. These innovations offer tangible benefits to consumers and are breathing new life into eyewear, particularly within the high-tech sunglasses segment.
The competitive landscape of the eyewear industry in France is marked by a high degree of concentration, with Essilor International SA, the French NBO of EssilorLuxottica, maintaining overall leadership in 2022. The company's strength is largely derived from its unrivalled expertise in the design, production, and marketing of ophthalmic lenses, optical equipment, and prescription glasses and sunglasses.
Optical goods stores shops firmly holds its position as the unequivocal leading distribution channel in sales of spectacles and contact lenses in France in 2023. The channel almost completely monopolises these particular segments of the market.
The forecast is mixed for eyewear in France. On the positive side, the continued ageing of the population should sustain demand for vision correction aids, while the ongoing rise in cases of myopia among the young and presbyopia among those aged 40 and above will also drive demand.
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Eyewear is the aggregate of contact lenses, spectacles and sunglasses.See All of Our Definitions
This report originates from Passport, our Eyewear research and analysis database.
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