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.
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…
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 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…
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…
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,…