Spectacles was less affected compared with other eyewear categories in 2020. The loss of tourist spending had a very limited impact on spectacles.
Fast fashion eyewear retailers have shown a resilient performance during the pandemic and this is expected to influence further eyewear retailing. Since its entry, it has gained strong appeal in the market as Hong Kong consumers tend to purchase brands, such as Zoff and Ownsday when traveling to Japan.
The growing use of digital devices and increasing awareness of health is expected to further prompt consumers’ prevention mindset to protect eye health. This increased consumer demand for anti-blue ray and UV lenses and spectacles.
The expansion of fast fashion eyewear retailers has been perceived as ground-breaking to eyewear retailing in Hong Kong. In particular, its resilient performance during the pandemic.
Progressive lenses, or varifocals, are increasingly available in Hong Kong, in large part because of the country’s ageing population. Growing pressure to work long hours has also contributed to the increasing rate of presbyopia at an earlier age.
Enforced staying at home has prompted the eyewear industry to move towards digitalisation and growing its e-commerce presence. JINS Eyewear launched its flagship store at HKTVmall last year.
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Understand the latest market trends and future growth opportunities for the Spectacles industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This report originates from Passport, our Spectacles research and analysis database.
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