Competitive Landscape
Leading Manufacturers Consolidate Positions Amid Moderate Concentration Shifts
The spectacles retail landscape in South Korea remained moderately fragmented in 2025, as Chemiglas Corp sustained its leadership with 18% value share, which was a marginal decrease from 19% in 2021. Hoya Lens Korea followed as a strong second with 8% share in 2025, showing consistent growth from 7% in 2021, reflecting its successful alignment with demographic trends such as paediatric myopia control and early presbyopia management.
Innovative Lens Technologies Expand Premiumisation and Consumer Engagement
Recent product launches highlight a clear focus on innovation within spectacle lenses, particularly addressing hyperopia correction and premium lens aesthetics. Decovision’s introduction of South Korea’s first double aspheric hyperopia lens with a 1.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Spectacles industry in South Korea 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 South Korea, 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 South Korea 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 South Korea?
- How are sales of contact lenses performing compared to spectacles?
- Which are the leading brands in Spectacles in South Korea?
- How are products distributed in Spectacles in South Korea?
- 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 South Korea - Category analysis
Key Data Insights
Spectacles Summary
Steady Growth Driven by Value Expansion Amid Demographic Shifts
Spectacle Lenses Lead Sales While Reading Glasses Gain Momentum
Hoya Leverages Myopia Management Drives Premium Lens Growth
Clinically Regulated Lenses and Consumer Spending to Sustain Steady Growth
Regulatory Recognition and Consumer Preferences to Drive Innovation and Trust
Leading Manufacturers Consolidate Positions Amid Moderate Concentration Shifts
Innovative Lens Technologies Expand Premiumisation and Consumer Engagement
Optical Goods Stores Retains Dominance Due to Strict Regulations in Local Market
Retail E-Commerce Expands as Complementary Channel for Fashion Frames
Eyewear in South Korea - Industry Overview
2026 Developments
Key Data Insights
Steady Growth Supported by Rising Consumer Expenditure Despite Population Plateau
Spectacles Lead as Cosmetic Lenses Embrace Beauty and Ip Trends
Global Tech Brands Launch Smart Eyewear as Local Players Test Market Viability
Functional Benefits to Drive Steady Growth as Population Plateaus
Myopia Control and Cosmetic Lenses to Shape Future Category Growth
Advancements in Technology and Regulation to Reshape Consumer Expectations and Sales Channels
Johnson & Johnson Strengthens Overall Position Amid Shifting Brand Shares
Optical Goods Stores Maintain Dominance Driven by Regulation and Expert Fitting
Retail E-Commerce Accelerates Growth by Targeting Younger and Lifestyle Consumers
Country Reports Disclaimer
The following categories and subcategories are included:
Spectacles
- Readymade Reading Glasses
- Spectacle Frames
-
- Standard Spectacle Lenses
- Myopia Control Spectacle Lenses
Spectacles
This is the aggregation of spectacle frames, spectacle lenses and readymade reading glasses.
See all of our definitionsWhy 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.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!