Spectacles in India

August 2023
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Overview:

Understand the latest market trends and future growth opportunities for the Spectacles industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Spectacles industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Spectacles in India report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Spectacles in India?
  • How are sales of contact lenses performing compared to spectacles?
  • Which are the leading brands in Spectacles in India?
  • How are products distributed in Spectacles in India?
  • How are demographic changes impacting demand?
  • To what extent are fashion and consumer affluence growth determinants?
  • Where is future growth expected to be most dynamic?

Spectacles in India - Category analysis

KEY DATA FINDINGS

Continued positive category growth for 2023, due to increase in dependence on digital devices
Brands spread awareness of vision care in collaboration with government and non-profit organisations
Increasing perception of spectacle frames as a fashion accessory
New technological advances in devices such as smart glasses are expected to expand the horizon of the industry
Omnichannel approach is enabling eyewear brands to have multiple consumer touchpoints
Brands to focus on new launches to sustain competitiveness within the category
Table 1 Sales of Spectacles by Category: Volume 2018-2023
Table 2 Sales of Spectacles by Category: Value 2018-2023
Table 3 Sales of Spectacles by Category: % Volume Growth 2018-2023
Table 4 Sales of Spectacles by Category: % Value Growth 2018-2023
Table 5 Sales of Spectacle Lenses by Type: % Value 2018-2023
Table 6 NBO Company Shares of Spectacles: % Value 2018-2022
Table 7 LBN Brand Shares of Spectacles: % Value 2019-2022
Table 8 Distribution of Spectacles by Format: % Value 2018-2023
Table 9 Forecast Sales of Spectacles by Category: Volume 2023-2028
Table 10 Forecast Sales of Spectacles by Category: Value 2023-2028
Table 11 Forecast Sales of Spectacles by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Spectacles by Category: % Value Growth 2023-2028

Eyewear in India - Industry Overview

Eyewear in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for eyewear?
Table 13 Sales of Eyewear by Category: Volume 2018-2023
Table 14 Sales of Eyewear by Category: Value 2018-2023
Table 15 Sales of Eyewear by Category: % Volume Growth 2018-2023
Table 16 Sales of Eyewear by Category: % Value Growth 2018-2023
Table 17 NBO Company Shares of Eyewear: % Value 2018-2022
Table 18 LBN Brand Shares of Eyewear: % Value 2019-2022
Table 19 Distribution of Eyewear by Format: % Value 2018-2023
Table 20 Forecast Sales of Eyewear by Category: Volume 2023-2028
Table 21 Forecast Sales of Eyewear by Category: Value 2023-2028
Table 22 Forecast Sales of Eyewear by Category: % Volume Growth 2023-2028
Table 23 Forecast Sales of Eyewear by Category: % Value Growth 2023-2028

DISCLAIMER

Summary 1 Research Sources
The following categories and subcategories are included:

Spectacles

  • Readymade Reading Glasses
  • Spectacle Frames
  • Spectacle Lenses

Spectacles

This is the aggregation of spectacle frames, spectacle lenses and readymade reading glasses.

See All of Our Definitions
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Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This report originates from Passport, our Spectacles research and analysis database.

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