Spectacles will continue to expand between 2023 and 2028, although the rate of growth is expected to decline as the forecast period progresses. The trend towards developing myopia at a younger age shows no signs of abating, given the growing amount of time consumers spend looking at screens.
Most Indonesians in permanent employment benefit from health insurance, which enables them to purchase a new pair of spectacles once a year. During the forecast period, this factor will continue to have a positive impact on the category, as employees tend to claim for new spectacles whether they need them or not.
Over the coming years, optical stores are expected to be proactive in the adaptation of new technology to create a more convenient shopping experience for their spectacle-wearing customers. Many retailers already allow consumers to purchase prescription glasses online, and those that do not currently are likely to follow suit.
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Understand the latest market trends and future growth opportunities for the Spectacles industry in Indonesia 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 Indonesia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Spectacles
This is the aggregation of spectacle frames, spectacle lenses and readymade reading glasses.
See All of Our DefinitionsThis report originates from Passport, our Spectacles research and analysis database.
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