Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Strategy Briefing

World Market for Eyewear

44 pages, Nov 2017

US$1,325

Add to cart Pay by invoice

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!

About This Report

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!

The eyewear industry posted another year of positive growth in 2017. The combination of rapidly growing rates of myopia and hyperopia and consumer awareness of eye health are leading to an snowballing number of diagnoses and sales of eyewear references. The ageing population worldwide is also adding momentum, with the cohort of 45+ consumers rapidly growing globally and increasingly demanding eyewear solutions. Socio-demographic and economic factors give a positive outlook for the period to 2022

Files are delivered directly into your account within a few minutes of purchase.

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.

Search for convenience on the rise

The search for convenience is a constant among most FMCG references. Within eyewear, it is manifest in two main ways. With an ever-growing appeal for DD lenses at the expense of other formats. Relentless appeal for internet retailing and subscription formats at the expense of traditional channels unable to keep up.

Aesthetics over functionality?

Despite the strong medical nature of the category, aesthetics seem to be gradually taking the lead when it comes to consumers’ key purchases criteria. This move from eye care to eye wear signposts the growing importance placed by consumers on design-led references, diverting a growing number of purchases to fashion-related channels.

Opportunities as a result of growing digitalisation

With the average number of hours spent in front of digital devices on the rise globally, manufacturers are quickly moving towards prevention territory in this regard. Demand for blue light and UV protection lenses and coatings is growing as consumer awareness of the impact of these factors on eye health grows.

Market concentration via M&A

Eyewear remains a highly fragmented industry but the trend is likely to change quite dramatically. The anticipated merger between Essilor and Luxottica will reshape the competitive landscape radically.

Vision enhancement to expand consumer base

As prevention takes precedence over treatment when it comes to general health, consumers are likely to become more open to preventive eye health solutions to expand eye health over time, while improving healthy eyes. This offers immense consumer potential.

Want to find out more about this report?

Request more information

Introduction

Scope

Examining five trends shaping eyewear

Four areas of opportunity

Global Outlook

Eyewear in context

Eyewear in 2017: Sales remain positive for another consecutive year

Per capita by category: Switzerland leads on a per capita basis

North America remains the most important region

Spectacles account for the vast majority of global sales

India and Mexico to post highest absolute value growth to 2022

Pockets of growth to 2022

Optical shops dominate distribution globally

Leading Companies and Brands

Eyewear industry remains highly fragmented

Essilor and Luxottica dominate the competitive landscape

Tighter control of distribution to retain leadership

Key Trends Shaping Eyewear

Megatrends shaping eyewear

A global powerhouse on its way

Increasing commoditisation within spectacles

Cashing in on prevention and vision enhancement

Global ageing (and rapidly growing) population

Towards an “unhealthy” eye health scenario?

Category Snapshots

Category Snapshot: Contact Lenses and Solutions

Category Snapshot: Spectacles

REGIONAL INDUSTRY SNAPSHOTS

Regional Industry Snapshot: Asia Pacific

Regional Industry Snapshot: Australasia

Regional Industry Snapshot: Eastern Europe

Regional Industry Snapshot: Latin America

Regional Industry Snapshot: Middle East and Africa

Regional Industry Snapshot: North America

Regional Industry Snapshot: Western Europe

Appendix

Definitions

Appendix: Competitor Analytics

Competitor Analytics tool

Overview

Competitors

Market Overlap

Treemap

Overlap Matrices

Why buy this report?

Want to find out more about this report?

Request more information

Megatrends

Strategy Briefing

World Market for Eyewear

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

Search for convenience on the rise

Aesthetics over functionality?

Opportunities as a result of growing digitalisation

Market concentration via M&A

Vision enhancement to expand consumer base

Want to find out more about this report?

Table of Contents

Introduction

Scope

Examining five trends shaping eyewear

Four areas of opportunity

Global Outlook

Eyewear in context

Eyewear in 2017: Sales remain positive for another consecutive year

Per capita by category: Switzerland leads on a per capita basis

North America remains the most important region

Spectacles account for the vast majority of global sales

India and Mexico to post highest absolute value growth to 2022

Pockets of growth to 2022

Optical shops dominate distribution globally

Leading Companies and Brands

Eyewear industry remains highly fragmented

Essilor and Luxottica dominate the competitive landscape

Tighter control of distribution to retain leadership

Key Trends Shaping Eyewear

Megatrends shaping eyewear

A global powerhouse on its way

Increasing commoditisation within spectacles

Cashing in on prevention and vision enhancement

Global ageing (and rapidly growing) population

Towards an “unhealthy” eye health scenario?

Category Snapshots

Category Snapshot: Contact Lenses and Solutions

Category Snapshot: Spectacles

REGIONAL INDUSTRY SNAPSHOTS

Regional Industry Snapshot: Asia Pacific

Regional Industry Snapshot: Australasia

Regional Industry Snapshot: Eastern Europe

Regional Industry Snapshot: Latin America

Regional Industry Snapshot: Middle East and Africa

Regional Industry Snapshot: North America

Regional Industry Snapshot: Western Europe

Appendix

Definitions

Appendix: Competitor Analytics

Competitor Analytics tool

Overview

Competitors

Market Overlap

Treemap

Overlap Matrices

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Strategy Reports

Country Reports

Recently Viewed

Complete Catalogue

Strategy Reports

Country Reports