The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreAug 2020
US$1,210Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
The effect of COVID-19 has severely compounded the struggling Spanish economy in 2020, with job losses rife and inbound tourism in jeopardy. The responding steep drop in disposable incomes and financial uncertainty among households have even overridden the previously essential status of eyewear products in the country, as many Spaniards have postponed their eyesight tests and purchasing of new eyewear in order to save money.
On 16 March, the Spanish government announced the closure of its land borders, allowing only citizens, residents and other people with special circumstances to enter the country. Spain imposed the restrictions on its land borders with France and Portugal after the EU agreed to close the bloc's external borders for 30 days.
In order to increase sales in 2019, and especially to compete against the growing number of online players in eyewear, players in the market were launching products with the claim of helping to deter the development of eye ailments. This was for example the case for contact lenses and solutions sales leader CooperVision Iberia SL, with its launch of MiSight 1 Day, which targets children.
In 2020, optical shops have remained open in Spain, thus for players in spectacles and contact lenses and solutions distribution has been largely unaffected by COVID-19 lockdown. In sunglasses, the situation has been somewhat different as players have witnessed key outlets for them close such as beauty specialist retailers and department stores.
In 2021-2022, the impact of COVID-19 still expected to be felt in Spanish eyewear and in the country in general. It is likely that real GDP will not recover from the sharp fall projected for 2020 until 2023, while disposable incomes are not predicted to bounce back to pre-COVID-19 levels until 2022.
Files are delivered directly into your account within a few minutes of purchase.
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.
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 Spain. 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 Spain market research report includes:
Our market research reports answer questions such as:
Why buy this report?
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
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.