Eyewear

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…

In the upcoming years, consumers and businesses face an array of challenges, with income inequality, mass migration and rising uncertainty about another crisis being among the major ones. Nevertheless, within this lie untapped opportunities. This…

In 2023, sunglasses sees robust growth as consumer spending has rebounded to pre-pandemic levels. The recovery of travel and tourism play a vital role in driving sunglasses sales, as Canadians have resumed international travel following the easing of…

Spectacles, as a product area, demonstrated solid growth as it rebounded from the impact of the pandemic, returning to standard growth rates and drivers. Despite high inflation rates, industry sources noted that price increases, although higher than…

In 2023, eyewear takes a significant stride towards a "return to normal" as it transitions back to more typical growth rates. The previous year, 2022, witnessed strong growth driven by pandemic-related factors as consumers who had postponed purchases…

Contact lenses and solutions experienced robust growth in 2022 as the product area transitioned from the COVID-19 years of 2020 and 2021 to reach normalised historical growth rates. Daily disposable lenses led the growth, although industry sources…

Sales of sunglasses in the US experienced a sharp decline in 2020 and early 2021 due to the pandemic. However, the category bounced back to 2019 levels in current value sales terms in 2022, faster than expected. This recovery can be attributed to the…

As consumers fully emerge from the shadows of pandemic recovery and re-establish normalcy, spectacles continues to witness steady growth, even surpassing pre-pandemic sales levels in both current value and volume terms. Compared to its double-digit…

After strong growth in 2022, across contact lenses, spectacles and sunglasses, eyewear is experiencing slower, albeit positive, current value growth in 2023. With consumers embracing the “new normal” of hybrid work and resurgence of travel activities…

In 2022, value sales of daily disposable lenses (DD) exceeded those of the incumbent leading format, frequent replacement lenses (FRP). Benefiting from proposed qualities such as health, comfort and convenience in a post-pandemic world, DD lenses…

This report examines inflation levels and drivers globally and in key countries. In 2023, global inflation is expected to ease from its peak in 2022, but remaining significantly above-trend. Geopolitical risks and uncertainty in the energy market are…

Now in its seventh edition, this report explores the top digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this edition touch on topics such as second-hand shopping, community group buying,…

This report examines inflation levels and drivers globally and in key countries. Global inflation is reaching a peak, although geopolitical risks and uncertainty in the energy market remain key risks. The impact varies between countries, with…

The briefing introduces the Cities Households Necessities Spending Index. The index ranks 1,075 cities by household expenditure on non-discretionary items, namely food, housing, and clothing and footwear. This analysis focuses on 160 major cities.…

The coronavirus (COVID-19) pandemic has triggered the most severe global recession in nearly a century. Businesses are operating in a world of anxieties and uncertainties, not knowing what will be the new normal or when output and consumer spending…