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Learn moreAug 2020
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After maintaining strong and stable current value growth in the review period to 2019, eyewear is expected to see a sudden dramatic decline in 2020 overall, with the first half of the year suffering the most, as demand fell due to the initial impact of measures implemented to deal with COVID-19. Although this is expected to continue during the second half of 2020, the rate of decline is expected to slow and demand is gradually expected to recover.
Large gatherings in the Netherlands were banned from 12 March 2020. From Sunday 15 March, all food and drink establishments were closed, followed by schools a day later, albeit still remaining open to the children of healthcare and emergency services workers.
Eyewear remains very fragmented in the Netherlands. Essilor Nederland continued to lead and saw a slight increase in its value share in 2019, but was the only company to hold a double-digit share.
Although optical shops is expected to continue to dominate eyewear in 2020, as consumers can be examined by and get advice from an optician or optometrist, e-commerce is expected to see a dynamic increase in its distribution share in eyewear in 2020, reaching a double-digit value share for the first time. Optical shops were shut for several weeks at the beginning of the year, and consumers were slow to return even after they were reopened due to concern about the virus.
Despite the expectation of a significant current value decline in 2020, eyewear is expected to see a rebound from 2021 onwards, with current value and volume growth expected in all years of the forecast period. Contact lenses and spectacles are considered essential by Dutch consumers with failing eyesight, and the prevalence of eyesight-related conditions continues to rise, whilst the ageing population will continue to ensure growth in demand.
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This Euromonitor market report provides market trend and market growth analysis of the Eyewear industry in Netherlands. 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 Netherlands market research report includes:
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This industry report originates from Passport, our eyewear market research database.
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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.