Market research on the eyewear industry. Our reports feature a we...
Market research on the eyewear industry. Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and share data, distribution and industry trends.
In 2023, spectacles, comprising both spectacle lenses and frames, showcased significant growth. This growth can be attributed to the increasing number of people in India with vision correction needs. The rise in vision correction requirements can be…
Consumers in Malaysia got used to wearing spectacles instead of contact lenses during the COVID-19 crisis, when the marked reduction in face-to-face social contact weakened their interest in wearing contact lenses for reasons of appearance and vanity…
In Thailand, demand for spectacles started to notably rebound in 2022, with retail volume sales fully recovering to pre-pandemic levels in 2023. This recovery can be attributed to several factors, such as a return to previous daily lifestyles and…
The increasing population in the Philippines is boosting the potential customer base for spectacles. As the population grows, so does the number of individuals requiring corrective eyewear. Spectacles, in particular, are experiencing rising demand…
Since late 2022, various manufacturers and retailers began to announce price increases for spectacles. Leading category player, JINS Inc, announced a 5-13% price increase for its spectacle frames in November 2022, while leading optical goods store,…
While demand for spectacles in China notably decreased in 2022 due to regional lockdowns, the category recorded double-digit growth rates in early 2023. Eyewear is a product that needs to be replaced on a regular basis, so pent-up demand from 2022…
With the prevalence of smartphone use in modern society, consumers of all ages, from young children to adults, are constantly exposed to blue light, which is leading to increasing demand for spectacle lenses with blue light filters. Particularly for…
Demand for spectacles started to improve in 2021 after the decline witnessed in 2020 due to the pandemic. As consumers have resumed their lives and restrictions have eased, sales of spectacles, both in volume and value terms, have recovered and show…
Ageing remains one of the most significant demographic factors impacting eyewear in Hong Kong. In early 2023, over 21.6% of the population in Hong Kong were aged 65 years and older, and thus likely to be in need of some type of presbyopia-related…
In the post-COVID-19 era, it is no longer mandatory to wear masks in Taiwan but many people still prefer to do so. Many individuals in Taiwan prefer contact lenses over glasses due to the discomfort caused by wearing glasses and masks simultaneously.…
Retail sales of spectacles advanced at a slower rate in constant value terms in 2023, continuing the trend of the previous year. Unlike contact lenses, the category registered healthy growth during the pandemic years, due to the fact that glasses…