Spectacles

Consumers in Turkey are increasingly using digital devices such as mobile phones, tablets and laptops for extended periods of time, not just at work but also during their leisure time or when travelling. This is leading to a growing number ...

Myopia is increasing among the younger generation of Canadians and this is expanding the consumer base for spectacles. Children aged 6-13 are among those most affected, according to one recent study published in the journal Eye. At the same time, ...

Sales of spectacles continued to rise in 2019, as they are no longer considered to be only for solving vision problems. They have also become a true fashion accessory of their own, allowing wearers to express their personality and style. More daring ...

With the Mexican population ageing, demographic shifts are influencing the performance of the spectacles category, given that the likelihood of sight-related problems increases with age. According to a study by Salud Digna, a private health ...

Although spectacles continued to record stable volume growth, the rate of growth was slower than that of current value sales with unit prices continuing to gradually rise. With some mid-income consumers continuing to display some price sensitivity in...

Early 2019 saw the introduction of limitations on the Elderly Health Care Voucher Scheme and this is likely to continue impacting sales of spectacles in Hong Kong throughout the forecast period, with senior citizens forming a major part of the ...

Growth in spectacles is being driven by the rising rate of myopia in China. The country already has a much higher rate of myopia amongst children and teenagers than the global average. This has been attributed to factors such as the pressure on ...

For the second year in a row, spectacles enjoyed growth in 2019, as consumers’ increasing knowledge of and concern for eye health drove sales of readymade reading glasses, spectacle lenses and spectacle frames. With the ubiquity of digital devices as...

Retail sales of spectacle frames showed a sluggish value performance in 2019. At the end of the review period consumers began to visit optical shops for new eyewear products less often. The majority of Russians continued to be negatively affected by ...

The growth in spectacles has been driven by the increasing size of Australia’s ageing population and the rising incidence of myopia, presbyopia and hyperopia. The growth in the older demographic is also increasing the demand for readymade reading ...

The UK’s population is ageing at one of the fastest rates in Europe and, as a result, levels of myopia – age-related shortsightedness – are increasing accordingly. This is good news for multibrand opticians like category leader Specsavers, which ...

Structured health insurance supports South Korean eye health indicators. Visiting an ophthalmologist is very common, and the cost is not that great. Preventive measures also support eye health, with growing numbers of consumers taking eye health ...

The main factor driving the solid growth pace in spectacles is the ageing Brazilian population. According to Euromonitor International’s consumers’ income and expenditure data, the group of Brazilians 65 or over jumped from 7.4% of the population in ...

Safilo Group SpA faces a growing risk of being squeezed between the scale of its newly merged key rival EssilorLuxottica and fashion houses who may seek a greater share of booming demand for eyewear through direct control of their brands. To counter ...

Western Europe is the world’s largest spectacles market. An ageing population and frequent digital device use led to growth over the review period, although this was tempered by a marked increase in price competition. Sales through internet retailing...

Hoya Corp is increasing production capacity to expand within contact lenses, and aims to increase brand awareness and revenues within a category offering strong growth prospects. The company is looking at growing quickly in emerging markets with ...

The high penetration of smartphones in the United Arab Emirates has led to most of the population having prolonged exposure to screens. This is one reason for the high rate of eye health-related problems leading to visiting ophthalmologists when ...

Presbyopia refers to the progressive inability to focus on nearby objects as a person ages. It applies to people with myopia and hyperopia, but also those who have not previously complained of vision problems. Most often it affects people aged over ...

The ageing population in Sweden has been one of the main growth drivers in spectacles in Sweden in recent years; the other one is the screen habits of Swedish youths. The growth in these two population groups has contributed much of the category’s ...

According to the local government’s Individual and Household Survey Report, Malaysia’s internet penetration in 2017 had risen to 90% with households across Malaysia with computer and mobile phone access rising to 74% and 98% respectively. In ...