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Country Report

Spectacles in

Spectacles in Thailand

Aug 2020

US$990

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Executive Summary

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 extract FREE!

2020 IMPACT

Shift to e-commerce as COVID-19 lockdown reduces opportunities to visit optical shops

As in contact lenses, spectacles experienced year-on-year healthy retail volume and current value growth during the review period up to the outbreak of Coronavirus (COVID-19). However, steep decreases in sales are projected across spectacles over 2020 as a whole.

Polarisation trend sees players cater to the low- and high-end of the market

In a fragmented competitive landscape, lower-priced, including unbranded, spectacle frames and lenses have been attracting mass consumers in Thailand. While international and local producers of branded spectacle frames and lenses highlight the innovation and technological improvements of their products, imported unbranded spectacle frames and lenses from China and South Korea are widely available in the market.

Chained specialist retailers continue to expand with investments in outlets, marketing and online platforms

While the COVID-19 pandemic is expected to accelerate strong retail value sales in e-commerce over 2020 as a whole, the channel’s share is set to remain tiny in spectacles at the end of the review period. Optical shops is the dominant channel, as consumers tend to value a visit to a specialist retailer for an eye test, a wide choice of options and advice on spectacle frames and lenses.

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Spectacles Market Sample Report Spectacles Market Sample Data

Overview

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.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Spectacles industry in Thailand with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Spectacles industry in Thailand, our research will save you time and money while empowering you to make informed, profitable decisions.

The Spectacles in Thailand market research report includes:

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

Our market research reports answer questions such as:

Do spectacle frames create more sales than spectacle lenses in Thailand?
Which type of spectacles do we spend more on – men’s, women’s or children’s?
How are independent opticians coping with the emergence of health and beauty multiples?

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 industry report originates from Passport, our glasses and spectacles market research database.

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Spectacles in Thailand - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Shift to e-commerce as COVID-19 lockdown reduces opportunities to visit optical shops

Polarisation trend sees players cater to the low- and high-end of the market

Chained specialist retailers continue to expand with investments in outlets, marketing and online platforms

RECOVERY AND OPPORTUNITIES

Hygiene, convenience and style factors set to hasten return to positive growth for spectacles

Demographic and lifestyle trends set to accelerate the need and demand for spectacles among young and older consumers

Players look to innovation and new product development to satisfy an increasingly demanding consumer base

CATEGORY DATA

Table 1 Sales of Spectacles by Category: Volume 2015-2020
Table 2 Sales of Spectacles by Category: Value 2015-2020
Table 3 Sales of Spectacles by Category: % Volume Growth 2015-2020
Table 4 Sales of Spectacles by Category: % Value Growth 2015-2020
Table 5 Sales of Spectacle Lenses by Type: % Value 2015-2020
Table 6 NBO Company Shares of Spectacles: % Value 2015-2019
Table 7 LBN Brand Shares of Spectacles: % Value 2016-2019
Table 8 Distribution of Spectacles by Format: % Value 2015-2020
Table 9 Forecast Sales of Spectacles by Category: Volume 2020-2025
Table 10 Forecast Sales of Spectacles by Category: Value 2020-2025
Table 11 Forecast Sales of Spectacles by Category: % Volume Growth 2020-2025
Table 12 Forecast Sales of Spectacles by Category: % Value Growth 2020-2025

Eyewear in Thailand - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on eyewear

COVID-19 country impact

Company response

Retailing shift

What next for eyewear?

MARKET DATA

Table 13 Sales of Eyewear by Category: Volume 2015-2020
Table 14 Sales of Eyewear by Category: Value 2015-2020
Table 15 Sales of Eyewear by Category: % Volume Growth 2015-2020
Table 16 Sales of Eyewear by Category: % Value Growth 2015-2020
Table 17 NBO Company Shares of Eyewear: % Value 2015-2019
Table 18 LBN Brand Shares of Eyewear: % Value 2016-2019
Table 19 Distribution of Eyewear by Format: % Value 2015-2020
Table 20 Forecast Sales of Eyewear by Category: Volume 2020-2025
Table 21 Forecast Sales of Eyewear by Category: Value 2020-2025
Table 22 Forecast Sales of Eyewear by Category: % Volume Growth 2020-2025
Table 23 Forecast Sales of Eyewear by Category: % Value Growth 2020-2025

Megatrends

Country Report

Spectacles in Thailand

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Shift to e-commerce as COVID-19 lockdown reduces opportunities to visit optical shops

Polarisation trend sees players cater to the low- and high-end of the market

Chained specialist retailers continue to expand with investments in outlets, marketing and online platforms

Samples

Overview

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Samples (FAQs about samples):

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Table of Contents

Spectacles in Thailand - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Shift to e-commerce as COVID-19 lockdown reduces opportunities to visit optical shops

Polarisation trend sees players cater to the low- and high-end of the market

Chained specialist retailers continue to expand with investments in outlets, marketing and online platforms

RECOVERY AND OPPORTUNITIES

Hygiene, convenience and style factors set to hasten return to positive growth for spectacles

Demographic and lifestyle trends set to accelerate the need and demand for spectacles among young and older consumers

Players look to innovation and new product development to satisfy an increasingly demanding consumer base

CATEGORY DATA

Eyewear in Thailand - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on eyewear

COVID-19 country impact

Company response

Retailing shift

What next for eyewear?

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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