World

Regulators are increasingly focused on taking action to address the environmental impact of consumer and corporate behaviour, and sustainability legislation will become an ever more prominent feature of the operating landscape for business, across…

Consumer demand for personalised solutions is spreading across consumer goods and services, influenced by considerable improvements to technologies that can match consumers with outcomes, and experiences that address their wants and needs. This…

After steep decline in 2020 due to the pandemic, 2021 was a year of transformations for global eyewear players. In the post-COVID-19 era, embracing digitalisation is crucial for all categories. Companies that stand out with strongly positioned brands…

This report identifies the 10 global consumer trends expected to impact during 2021, providing specific characteristics and how the trend manifests, consumer behaviour and motivation driving the trend, as well as insights on how industry is…

2021 showed signs of recovery, after a steep decline in 2020 due to the global pandemic. In the post-COVID-19 era, embracing digitalisation has been crucial for all categories. With eyewear still reliant on store-based channels for their in-store…

The eyewear industry is showing signs of recovery in 2021 largely driven by innovations, and replacements in the US, and rising income and greater access to eye health in India and China. Post-pandemic, consumers increasingly expect convenience,…

Evolving wellness priorities around physical and emotional health point towards simplicity, new perceived value and relevance that instils optimum quality and trust. This calls for a no-frills approach grounded in authenticity and expert-backed…

Interest in personalised approaches to health and beauty has surged since COVID-19, as improvements in technology have been met by a more accepting public focused on health outcomes and demanding products that fit their unique goals. Personalisation…

Heavily reliant on optical stores, the eyewear industry has been hit hard by store closures and other restrictions implemented in various parts of the world to contain the Coronavirus pandemic. This briefing provides Euromonitor International’s Q1…

The menopausal consumer acts as an untapped market for many health and beauty businesses as these consumers are increasingly looking to treat their symptoms holistically. Both internal and external treatments begin to thrive with opportunity in…

Before the COVID-19 pandemic hit Safilo’s sales and those of the global eyewear industry at large in 2020, Safilo had already been challenged by a changing competitive landscape for eyewear. To reinvigorate its business, Safilo is executing plans to…

The Coronavirus (COVID-19) pandemic is having an unprecedented impact on the fashion and luxury industry, which is facing further challenges owing to economic and political problems and income and wealth losses in key markets. This report offers a…

The coronavirus (COVID-19) pandemic has triggered the most severe global recession in nearly a century. Businesses are operating in a world of anxieties and uncertainties, not knowing what will be the new normal or when output and consumer spending…

Worries about Coronavirus (COVID-19) and economic downturn have forced consumers to re-evaluate their life priorities and habits. With that the narrative in health, beauty and fashion has also changed to reflect newly emerged consumer priorities and…

Ageing is one of the most important drivers of demand for the eyewear industry. This is especially the case in mature markets, many of which drive a sizeable share of global revenues, given their ageing demographic profile. Despite the combination of…

Coronavirus (COVID-19) has had - and is having - a profound impact on the eyewear industry. Despite the essential and medical nature of many eyewear references, the industry is going through unprecedented disruption across manufacturing, distribution…

This report explores sociodemographic, macroeconomic and industry-specific drivers of eyewear demand to 2023. By weighting and forecasting category, competitive landscape, consumer and country metrics, we have identified key markets for manufacturers…

As the newly merged entity EssilorLuxottica is set to solidify its spot as the top global player in eyewear, it is poised for new growth opportunities. In its mission statement, the company states that it will strive to be a powerful advocate for the…

Recent years saw some of the toughest ever trading conditions for luxury eyewear. New disruptive business models are evolving and more aggressive competition across distribution channels is evident. Whilst many leading luxury players are investing…