Market research on the eyewear industry. Our reports feature a we...
Market research on the eyewear industry. Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and share data, distribution and industry trends.
Technological advances in 2024 will continue to reshape consumer behaviour. This annual report explores the top five digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this report’s edition…
This report examines inflation levels and drivers globally and in key countries in Q4 2023 and 2024. Global inflation is moderating, although divergence remains among the key economies. Higher volatility in the energy markets and disruption of…
The development of sunglasses is being impacted by hiking prices. According to Euromonitor International's Economies and Consumers Annual Data, Mexico experienced an inflation rate of 8.07% in 2022, which is projected to decrease to 6.09% in 2023. To…
Inflationary trends and higher prices are exerting pressure on demand for spectacles as many Mexican families seek to prioritise essentials and search for more affordable eyewear solutions. Subsequently, brands and retailers are placing a greater…
Retail volume and value sales of eyewear continue to rise in Mexico, as they recover from a pandemic slump across most product categories. New product launches, the rise of digital platforms to connect with consumers, and attractive promotional…
Euromonitor International’s Voice of the Consumer: Sustainability Survey 2022 revealed that 66% of global citizens try to have a positive impact on the environment. In Mexico, 34% are worried about climate change. This represents an opportunity,…
The pandemic impacted each industry differently, including eyewear, where the performance of different categories varied greatly. Demand for contact lenses and spectacles has grown significantly since 2021, while sales growth of sunglasses has been…
Local consumers returned to physical stores on a more regular basis following the easing of restrictions in Brazil, supporting significant growth of eyewear in 2022. This trend continues in 2023, as the local population generally feels safer spending…
With the advance of Brazil’s vaccination programme over 2022, outdoor activities and social gatherings were resumed on a regular basis for most local consumers. After close to two years of home seclusion, the population was eager to spend time…
After the insecurity created by the pandemic and social distancing measures imposed in Brazil over 2020-2021, 2022 was the first “normal” year in the country following the emergence of COVID-19. The local workforce returned to the office and the…