Eyewear

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…

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…

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…

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…

With travel starting to normalise across the world, sales of eyewear continue to rise in 2023, with tourist numbers increasing in Turkey, especially from Germany, France and England. Tourists are boosting retail value and volume sales, as many…

Eyewear is expected to continue recording positive current value growth in the UK in 2023, albeit at a slightly slower rate than in the two previous years. Following the decline seen in 2020, sales had already returned to pre-pandemic levels in…

The Dutch eyewear market continues to grow as a result of an expansion of the consumer base due to extended screen exposure, which is causing an increasing number of eyesight related problems amongst the population. While the market is large as at…

Eyewear recorded a positive and significant uplift in retail volume and value growth in 2023, following the deep declines seen in previous years due to the outbreak of COVID-19. Spectacles remained the largest category in eyewear in 2023, with…

Eyewear continues to display a strong performance in 2023, following the modest decline recorded in 2020 during the outbreak of COVID-19. In 2021, eyewear registered strong growth due to pent-up demand, consumers' savings during the pandemic (with…

Eyewear in Spain is returning to pre-pandemic patterns in 2023. The end of all COVID-19 related restrictions in the country has resulted in Spanish consumers re-embracing their out-of-home lifestyles, returning to the office and, once again, taking…

Italian eyewear is projected to record single-digit growth in current value terms in 2023. Eyewear saw a quick recovery after the decline seen in 2020 due to the COVID-19 pandemic. Value sales returned to pre-pandemic levels in 2021 with this being…

Eyewear in Germany experienced a significant decline in 2020 due to the pandemic and subsequent home seclusion, but the industry has been in recovery mode since 2021, despite a marginal decline in volume sales in 2022. Therefore, a full return to…

Eyewear in France will not see witness growth as robust as it enjoyed in 2022. This is in large part due to the fact that consumers do not typically indulge in annual purchases of new sunglasses or prescription glasses. Nonetheless, there persists a…

In 2023, contact lenses will continue to see strong retail value growth, boosted by rising price points, while retail volume growth rates remain positive as consumers resume a higher level of use following the pandemic. During the lockdown periods of…

Contact lenses is expected to continue recording positive current value growth in the UK in 2023. After the decline seen in 2020, linked to the COVID-19 restrictions put in place when the pandemic first arrived in the country, contact lenses saw the…

The contact lenses market continues to grow in The Netherlands, driven by an expansion of the consumer base. A steep rise in vision problems due to extended screen exposure are generating more demand for eyewear, with contact lenses proving more…

Some consumers are switching back to contact lenses after wearing spectacles during the outbreak of COVID-19. Daily disposables are becoming more popular for occasional use, while monthly and 6-month lenses are still the most popular for everyday…

Contact lenses and contact lenses solutions remained flat during 2022 and 2023. The essential nature of contact lenses meant that volume sales remained stagnant for both years, following a relatively modest decline during COVID-19 in 2020. The modest…

The ongoing, uncertain socioeconomic context continues to dampen potential sales. In contact lenses and solutions, consumers are seeking ways to make their limited budgets go further and this is translating as consumers wearing and using their…

Contact lenses is set to deliver single-digit growth in current value terms in 2023, with it expected to be the most dynamic category within eyewear. After the decline seen in 2020, which was linked to the arrival of the COVID-19 health emergency,…