All Data & Analysis articles
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ArticleDisposable daily CLs momentum slowed down in 2023 in Europe, survey shows
Wholesale sales of soft contact lenses rose by 5.2 percent year-on-year to €2,157 million in 2023 for a group of 32 countries including 25 in Europe and a few others (Egypt, Israel, Saudi Arabia, Kuwait, South Africa and United Arab Emirates), according to the new annual report by Euromcontact, the ...
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ArticleSlight average eyewear stocks price hike in Q1 reflects extreme ups and downs
The average stock price of public eyewear companies inched up by 1.6 percent on a non-weighted basis during the first quarter of 2024, slowing down from the 8.4 percent growth calculated for Q4 2023. The Q1 2024 performance also fell short of the 8.1 percent quarter-on-quarter growth of the MSCI ...
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Myopia management websites see growing interest from ECPs and consumers
Myopia Profile, an Australian-based myopia management information website for eye care professionals (ECPs), has seen a 50 percent year-on-year increase in traffic and engagement. The company said that the surge reflected a continued interest from ECPs for educational material on myopia management practices. The top six countries accessing the website ...
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News briefs
A third of US workers experience daily screen fatique, survey finds
American workers experience eye strain after just 27 minutes in virtual meetings, according to a survey by VSP Vision and OnePoll of 2,000 employed Americans. Of the 71 percent of survey participants attending virtual meetings, a significant number said that they have experienced some form of eye strain, such as ...
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The Vision Council looks at US glasses wearers’ style preferences
US women are twice as likely as men to choose tortoise (26 percent vs. 12 percent) or multicolor frames (24 percent vs. 10 percent) when they purchase glasses. Conversely, men tend to opt more often than women for metallic frames (34 percent vs. 21 percent). These are some of the ...
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ArticleItalian eyewear industry cautious on 2024 prospects after exports flatline in H2
The Italian eyewear industry association ANFAO said it remains cautious on sector prospects this year as it released preliminary figures for 2023 showing that Italian eyewear exports grew by 7.6 percent to €5,256 million. The total value of Italian eyewear production rose by 8.4 percent in 2023 to €5,515 million, ...
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ArticleThe Vision Council publishes new US optical-market and consumer data
Announcing the release of its Market inSights 2023, the Vision Council has estimated the total value of the US optical market for last year at $65.6 billion. The organization explains that it changed it has changed research methodology again this year, adding advanced analytics, updating its sources to include consumer ...
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ArticleGerman eyewear industry sales inched up in 2023 as exports slowed down
German eyewear industry association Spectaris has released preliminary data for the sales of its members on both the domestic and export markets at the recent opti trade fair in Munich, based on figures for the January to September 2023 period. As reflected in the table below, the total industry revenue ...
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ArticleEyewear stock price up 8% in Q4, sector market capitalization up 10% year-on-year
Along with our usual quarterly update on public eyewear companies’ stock price variations, we are also publishing in the table below the year-on-year changes to provide a longer-term perspective, as well as our annual market capitalization ranking further down on this page. After a negative third quarter, the average stock ...
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News briefs
Bags and accessories’ luxury sales up 15 % in 2022
Luxury good sales in the bag and accessories segment, in which eyewear is included, went up by 15.3 percent year-on-year to $3.6 billion in 2022 according to Deloitte’s annual ranking of the hundred largest luxury companies worldwide. The category, which accounts for approximately 1 percent of total luxury goods’ sales, ...
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ArticleReport puts fresh numbers on German optical retail long-term trends
Zentralverband der Augenoptiker und Optometristen (ZVA), the German association of opticians and optometrists, has released the four-year update of its BranchenStrukturerhebung report, an analysis of the German optical retail sector’s structure put together with research company GFK. It provides a number of market indicators for the year 2022 and, for ...
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News briefs
U.S. ECPs’ economic outlook worsens
The economic outlook of U.S. eye care professionals (ECPs) worsened in Q3 compared to Q2 according to the quarterly research report by The Vision Council, and an increasing proportion among them is less confident that they will be able to meet their revenue goals this year. As in previous quarters, ...
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70% of French parents open to remote eye exams, report finds
KRYS GROUP and research company IPSOS have announced the main results of their annual survey on various issues related to eye health in France. Among the main conclusions, the research showed that the screen use time of 3 to 10 year-old children has increased by 10 percent from 2022, reaching ...
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ArticleEyewear companies' average stock price down in Q3
After two consecutive quarters of double-digit growth, the average stock price of eyewear companies went down by an average 7 percent on a non-weighted basis (see chart below) in the quarter ended Sept. 30. This also marks an unusual underperformance compared with the MSCI World Index, a global index comprising ...
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ArticleItalian eyewear exports maintain momentum in Q2
ANFAO, the Italian eyewear industry association, has reported a 15.7 percent year-on-year increase in Italian eyewear exports to €2,840 million for the first half of 2023 as sales in Q2 roughly maintained the 16.7 percent growth reported for Q1. As reflected in the table below, the momentum was driven by ...
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ArticleFrench optical market flattish in 2022, official report says
The French optical market inched up by 0.2 percent year-on-year to €7,272 million according to the new report by the national research and statistics office, the Direction de la recherche, des études, de l’évaluation et des statistiques (DREES). The small hike in market value follows two years of strong COVID-related ...
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ArticleGlobal lens and frames market resilient to COVID and economic crisis, report finds
Underpinned by solid positive and long-term trends – aging populations and more digital lifestyles in the first place –, the global optical market emerged relatively unscathed from the COVID-19 crisis. That was one of the conclusions from the World Lens and Frames Demand report released last year by independent research ...
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News briefs
Sports optic market to grow 3% annually by 2028
The global market for sports optic – including binoculars, rangefinders, riflescopes and field scopes – is forecast to grow at a CAGR of 2.8 percent to $2.43 billion by 2028, according to a new report by Fortune Business Insights, an Indian research company. The company says that the market growth ...
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News briefs
Mixed signals from the German optical market for the half year
The German optical market grew by 3.7 percent in volume at retail in the fist six months of 2023 versus the previous year, according to data provided by the ZVA, the country’s national association of opticians and optometrists. Adding the effect of price increases, optical retail sales increased by 7.6 ...
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News briefsItalian exports maintained double-digit growth pace in Q1
The Italian eyewear industry association ANFAO released preliminary exports’ data for the first quarter of 2023 at its general assembly held at the end of last week in Verona. Italian exports in Q1 were up 16.7 percent year-on-year to €1,388 million, decelerating slightly from the 22.5 percent growth reported ...
