Eyewear in Spain

All eyewear categories see growth due to increasing vision problems

Eyewear continued to see current value growth in 2019, with increases seen by all categories. The improved economic climate in Spain was a major factor in the more promising performance of eyewear in this year.

The growth of cheaper products as consumers value experiences

Cheaper eyewear products are becoming more popular in Spain. Consumers are constantly looking for ways to achieve the best value for money in all areas of their lives, despite the recovery of the economy, as Spaniards are increasingly allocating more resources to experiential activities.

Due to their expertise, international players maintain their lead

Although Luxottica and Essilor have merged at a global level to form EssilorLuxottica, they continue to operate as separate entities at a local level. Luxottica Ibérica and Essilor España remain the two leaders in eyewear in Spain in value terms, with both seeing further increases in their value shares.

Optical shops maintains its lead, internet retailing rises strongly

Spaniards still have to go to an optical store (with a certified optician) or an ophthalmologist in order to get eye care products which require individual adaptation. Both spectacles and contact lenses are regarded as productos sanitarios (health products) in Spain, and because of this their distribution is regulated by Spanish legislation, particularly Royal Decree 1591/2009, which was passed in October 2009.

Continued growth due to eyesight problems and fashion

Eyewear is expected to continue to see current value growth in the forecast period, with the CAGR set to be even faster than that seen in the review period. Growth is expected in all categories, although contact lenses and solutions and spectacles are expected to see the highest growth.

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