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Country Report

Spectacles in

Spectacles in the US

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

Store and optometrist closures amid lockdowns restrict spectacles sales

As a result of store and optometrist closures, economic constraints and shifting consumer needs during the COVID-19 pandemic, spectacles sales were seeing a strong decline in 2020. Although consumer needs for readymade reading glasses, spectacle frames and spectacle lenses for medical reasons has not diminished, and has even been bolstered by campaigns promoting eye health and proper eye care in recent years, the current situation is forcing many consumers to delay getting eye exams, and therefore also subsequent purchases of new spectacle frames and spectacle lenses.

As e-commerce becomes increasingly crucial, retailers develop new technologies

In addition to capabilities like virtual try-ons, which aim to replicate the experience of trying on multiple spectacle styles in-store while consumers are at home or on the go, online retailers are developing a multitude of technologies to help ease the process of buying prescription and non-prescription spectacle frames and lenses online. For example, smartbuyglasses.

Leading player EssilorLuxottica launches Transitions Gen 8

In mid-2019, EssilorLuxottica, the leading player in spectacles, launched the latest generation of its Transitions photochromic lenses, the Transitions Gen 8. The newest lens comes in an array of colours, such as sapphire and amethyst, and activates faster than previous generations of Transitions 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 USA 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 USA, our research will save you time and money while empowering you to make informed, profitable decisions.

The Spectacles in USA 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 USA?
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 the US - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Store and optometrist closures amid lockdowns restrict spectacles sales

As e-commerce becomes increasingly crucial, retailers develop new technologies

Leading player EssilorLuxottica launches Transitions Gen 8

RECOVERY AND OPPORTUNITIES

With an increasing emphasis on eye health, spectacles will return to positive growth in 2021

Optical shops, the leading sales channel for spectacles, continues to consolidate

Spectacles offer distinct advantages to different consumer demographics

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 the US - 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 the US

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Store and optometrist closures amid lockdowns restrict spectacles sales

As e-commerce becomes increasingly crucial, retailers develop new technologies

Leading player EssilorLuxottica launches Transitions Gen 8

Samples

Overview

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Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Spectacles in the US - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Store and optometrist closures amid lockdowns restrict spectacles sales

As e-commerce becomes increasingly crucial, retailers develop new technologies

Leading player EssilorLuxottica launches Transitions Gen 8

RECOVERY AND OPPORTUNITIES

With an increasing emphasis on eye health, spectacles will return to positive growth in 2021

Optical shops, the leading sales channel for spectacles, continues to consolidate

Spectacles offer distinct advantages to different consumer demographics

CATEGORY DATA

Eyewear in the US - 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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