Spectacles

Before the COVID-19 pandemic hit Safilo’s sales and those of the global eyewear industry at large in 2020, Safilo had already been challenged by a changing competitive landscape for eyewear. To reinvigorate its business, Safilo is executing plans to ...

Rising consumer awareness of eye health, combined with ageing populations with myopia and presbyopia are driving value growth for eyewear globally, led by Asia Pacific. As a result of Coronavirus, more discretionary eyewear, mainly sunglasses, is ...

Prior to the emergence of COVID-19 in South Africa, the country was already experiencing economic instability and declining disposable incomes, resulting in general slowing demand for spectacles in the country. These products require an initial ...

Spectacles is set to see modest current value growth in 2020 despite the negative impact of disruptions to production, restrictions on store operations and consumer concerns relating to COVID-19. Demand is being supported by the essential status of ...

Germany is very much a spectacles country, with increasing adoption of contact lenses being a more recent trend. Sales of spectacles had already started declining slightly, starting in 2018, as the contact lens adoption rate picked up pace. On the ...

Lockdown measures introduced by the government in March 2020 in response to COVID-19 had a significant impact on demand for eyewear in Switzerland in Q2, as local consumers were encouraged to remain at home and strict social distancing measures were ...

After experiencing steady demand throughout the review period, sales of spectacles experienced declines in Q2 2020 as various lockdown measures in response to COVID-19 resulted in the closure of many non-essential stores, including optical shops. ...

The fear of becoming infected with COVID-19 gave spectacles a positive sales boost during the pandemic, despite spectacles struggling generally because of the economic conditions. Since COVID-19 can be transmitted through the eyes, nose and mouth, ...

The decisions as to which services were considered essential were being taken by municipal and regional legislations – and most optical shops were mandated to close during the quarantine periods in Brazil. As the optical shops channel is ...

Customers buy spectacle frames to solve a specific vision problem, so that the quality of the product is therefore the main reason for choosing a particular pair of spectacles, with design and branding being less important. This characteristic is ...

Starting in March 2020, for the two month lockdown, demand for spectacles in the United Arab Emirates was negatively impacted by the COVID-19 pandemic, with customers preferring to delay going for their regular eye test as they were reluctant to go ...

Coronavirus (COVID-19) has slowed the demand for spectacle frames and lenses in Malaysia. Lockdown measures in line with the Malaysia Movement Control Order (MCO) saw the closure of key retail channels like optical shops and department stores. ...

2020 started badly for the spectacles category. Early in the year the “100% health” reform made it compulsory for all opticians to produce a quote offering at least one “100% health” offer with a Reste à Charge 0 (rest supported by patients = 0) with...

Lockdown in Q2 2020 in Mexico resulted in strong declines for spectacles as consumers, concerned about coming into contact with the virus, remained at home as much as possible, while financial concerns reduced demand as they focused on essential ...

As a result of store and optometrist closures, economic constraints and shifting consumer needs during the COVID-19 pandemic, spectacles sales were seeing a strong decline in 2020. Although consumer needs for readymade reading glasses, spectacle ...

Following strong current value growth in 2019, sales of spectacles are expected to fall dramatically during 2020 as a result of the COVID-19 pandemic, with double-digit value declines for all categories. The closure of all non-essential retail ...

Pre-COVID-19 demand for spectacles was growing, driven by rapidly rising rates of myopia among children and younger consumers. With consumers in China spending increasing amounts of time on their digital devices for work, education and entertainment,...

Spectacle frames is showing a smaller decline than all other declining sub-categories. This is attributed to the popularity of spectacle frames fashion in Taiwan. Japanese spectacle frames brands such as J!NS (from Jins Taiwan Co Ltd) and Owndays, ...

Pre-COVID-19, there was a strong trend towards commoditisation in spectacles with consumers often owning more than one pair. This was stimulated by the growing availability of affordable yet stylish offerings backed by marketing initiatives from ...

Despite seeing dynamic current value increases throughout the review period, spectacles is expected to see a strong current value decline in 2020 overall, due to COVID-19. The first half of the year was particularly negatively affected, as although ...