2022 is expected to continue to be a year of recovery for eyewear across categories. With the return of complete mobility, sunglasses and contact lenses, which had a very tough year in 2020, and only experienced slow growth in 2021, are set to experience good recovery.
The return to normal mobility in 2022 is expected to result in eyewear experiencing good sales growth across categories. For sunglasses, the return of tourism is set to result in good year-on-year growth compared with 2021, although sales are not quite expected to return to the pre-pandemic level.
In late 2021 and 2022, the COVID-19 situation was largely in hand in terms of the spread of the virus. This resulted in several new initiatives, investments and new product launches being executed.
Eyewear remains a category in which a physical store presence remains a priority for retailers, even though there remains a strong focus on an online presence. The reason for the strong dependence on physical stores is that it gives consumers a feeling of confidence when they visit stores to make purchases, especially when they need eyewear products for vision correction.
The forecast period is projected to be positive for growth across eyewear categories. The pandemic situation during the forecast period is projected to improve as the vaccination rate increases, resulting in COVID-19 cases decreasing.
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Understand the latest market trends and future growth opportunities for the Eyewear industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to the following key categories:
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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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