Spectacles is projected to see healthy growth over the forecast period in value and volume terms, supported by Thailand’s vaccination programme and the resumption of economic activities. There is expected to be a gradual shift to online sales, but most consumers will still likely prefer to visit an optical goods store to have an eye test with an optometrist and to try different spectacles on to find the best fit and to make adjustments.
Continuing the trend seen at the end of the review period, new product innovations will likely remain widespread especially for spectacle lenses and this should help back up the performance of spectacles in general. These new innovations could well encourage consumers to update their existing spectacles as they look for greater comfort and improved vision.
The sustainability trend could start to emerge and evolve in Thailand over the forecast period with the COVID-19 pandemic having shone the spotlight on business practices and their impact on the wider world. This could influence not only CSR activities but also new product development when it comes to spectacles.
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Understand the latest market trends and future growth opportunities for the Spectacles industry in Thailand 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 Thailand, 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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