Italian eyewear is projected to record single-digit growth in current value terms in 2023. Eyewear saw a quick recovery after the decline seen in 2020 due to the COVID-19 pandemic.
Eyewear is set to see moderate growth in retail volume terms in 2023 with this being driven by the solid demand for spectacles and contact lenses. These products are seen as important in correcting eye defects, with Italy suffering from the rising impact of myopia and presbyopia, which affect 18 million and 28 million Italians, respectively, according to the Italian Ophthalmology Society.
EssilorLuxottica (GBO) continues to hold a strong lead in eyewear in Italy, with Essilor ranked second in spectacle lenses and Luxottica leading spectacle frames and sunglasses. Essilor is particularly benefiting from the performance of Varilux, its progressive spectacle lenses.
Optical goods stores continue to dominate sales of eyewear in Italy in 2023 since Italians tend to refer to one or two trusted optical retailers, especially when purchasing spectacles. Within spectacles most sales occur through optical goods stores with only a small share of sales occurring through retail e-commerce.
Eyewear is expected to witness a positive performance in Italy over the forecast period in retail volume terms. Volume sales are expected to be supported by the growing rates of myopia and presbyopia in Italy, as well as a recovery in consumer purchasing power.
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Understand the latest market trends and future growth opportunities for the Eyewear industry in Italy with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Eyewear
Eyewear is the aggregate of contact lenses, spectacles and sunglasses.
See All of Our DefinitionsThis report originates from Passport, our Eyewear research and analysis database.
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