In a cross-category trend, the ongoing socioeconomic unrest, skyrocketing global inflation, and compounded challenges created by the Russia-Ukraine war, will continue to dampen potential sales in spectacles. Spanish consumers remain cautious about their spending due to this recessionary context and continue to limit their non-essential expenditures.
Similar to trends seen across both eyewear and other Spanish industries, the importance of sustainable practices and products is growing in spectacles. Here, however, the main obstacle comes from pricing, as Spanish consumers are unwilling to pay higher prices for sustainable products – especially in the current inflationary context.
Personalisation and innovation are set to develop hand-in-hand in spectacles over the forecast period. One key example here comes from Indo Optical SLU with its progressive Mimetika lens for presbyopia, which takes into account the different ways in which each wearer moves their head and eyes, and incorporates this process to adapt and personalise the lenses.
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Understand the latest market trends and future growth opportunities for the Spectacles industry in Spain 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 Spain, 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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