All Data & Analysis articles – Page 5
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ArticleIndustry top 5 average stocks' value up 11 % in Q4
Stock prices of public companies in the eyewear sector have confirmed their recovery in the last quarter of 2022, as the average value inched up by 0.3 percent in the period on a non-weighted basis. It is the first time that our quarterly chart shows an improvement in average value ...
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ArticleA look at the year ahead
A year ago, things were looking brighter, or so it seemed, and one could have described the general eyewear industry mood as “cautiously optimistic.” After the initial COVID-19 shock in 2020, business conditions progressively returned to normal in all main optical markets, to the exception of China and other Asian ...
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ArticleExports jump and new projects for Italian eyewear but ANFAO warns of looming crisis
On the occasion of its annual general meeting last week, the Italian eyewear industry association ANFAO delivered positive interim export figures for 2022 and announced two new initiatives related to feminine empowerment and innovation in the industry. As reflected in our tables below, exports of Italian eyewear increased by 22 ...
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News briefs
Stable eyewear and eyecare demand in the U.S. in Q3, report says
The demand for eyecare and eyewear in the U.S. has remained fairly stable since the start of the year, according to The Vision Council’s Consumer inSights Q3 report, which is based on a survey of over 15,000 adults. The results for the third quarter of the year were largely in ...
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ArticleEyewear companies climb in Deloitte luxury players’ ranking
Along with Thélios and Kering Eyewear, the eyewear subsidiaries of LVMH and Kering, three Italian-based eyewear manufacturers have been listed in the 2022 edition Deloitte’s “Global Powers of Luxury Goods”, an annual report ranking the 100 largest luxury companies in the world. Companies were ranked according to their consolidated sales ...
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ArticleSpain’s optical manufacturers expect a record spring
The Spanish Association of Optical Manufacturers (AEO) is looking forward to strong eyewear sales in spring, as demand for sunglasses rose again in the third quarter, after two years of low inventory renewals. Third-quarter eyewear sales were in fact up by 20 percent overall in volume and by 11 percent ...
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ArticleConsumer sentiment improves in Europe
Consumer sentiment improved slightly in Germany, France and Italy, the three main economies of the European Union, but consumers remain cautious in a difficult economic environment. In December, German consumer sentiment is expected to rise by 1.7 points to -40.2 points from -41.9 points in November, according to the market ...
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News briefs
French children eye health deteriorating quickly, survey finds
French children’s eye health has severely deteriorated since the start of the COVID-19 pandemic according to a recent study commissioned by the KRYS GROUP to research company Ipsos. The company said that 40 percent of children between 3 and 10 years old currently suffer from eyesight problems, which represents an ...
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News briefs
More than half U.S. customers aware of blue light glasses, survey finds
According to a consumer survey by The Vision Council that involved over 15,000 adults earlier this year in the U.S., 25 percent of participants said they were currently using glasses or contact lenses that filter blue light. Half of consumers also said that they were concerned about the potential effects ...
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ArticleStrong stock price variations for eyewear companies in Q3
On a non-weighted average basis, stock prices of publicly listed companies in the eyewear sector went down by 1.3 percent in the quarter to September 30 in an apparent relative recovery from the 17 percent dive reported for the previous quarter. It compares slightly unfavorably with the global MSCI index, ...
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ArticleNew report puts global ophthalmic lenses and frames’ market at €22 bn
The global market for ophthalmic lenses and frames has recovered well from the impact of the COVID pandemic, according to Mark Mackenzie, co-founder with his wife Ingeborg of Strategy with Vision Management (SWV), an independent optical consultancy and research company started in 2001. This is one of the conclusions that ...
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ArticleU.S. eyecare market insulated from inflation, CLI survey says
Vision Expo West – held on Sept. 14-17 in Las Vegas – previewed the results of a survey on eyecare in times of financial duress. Commissioned by the Contact Lens Institute through its “See Tomorrow” initiative, and conducted on Aug. 9-17, the survey queried 251 contact lens wearers screened from ...
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Data & AnalysisWORLD LENS AND FRAME DEMAND STUDY 2022
What were the volumes and values of ophthalmic lenses and ophthalmic frames sold worldwide in 2021?
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ArticleFrench market up 16% in 2021 with little impact from healthcare reform
The Direction de la recherche, des études, de l’évaluation et des statistiques (Drees), the French administration in charge of national research and statistics, has published earlier this week its annual report on healthcare expenses in the country. According to the agency, the optical market in France jumped by 15.8 percent ...
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ArticleThe Vision Council releases its consumer survey update for Q2
The Vision Council has released its quarterly update for its Consumer inSights research. The report is based on a survey of over 15,000 U.S. adult consumers who answered questions about their vision correction, eye exams and purchases of eyeglasses, contact lenses, readers and sunglasses. We are sharing here a few ...
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ArticleFrench industry survey shows double-digit inflation for raw materials
The prices of raw materials and consumables for the production of frames and lenses by French companies have increased in the double-digit range in recent years and are expected to keep rising quickly next year, according to a recent announcement by GIFO, the national eyewear industry association. The organization surveyed ...
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ArticleSpain’s optical sector all but recovers in 2021
Last year Spain’s optical sector managed to claw back most of the business that had slipped away during the pandemic. Revenues for the whole of 2021 increased by 20.36 percent, to €1.836 billion, but remained 1.8 percent shy of 2019’s figure. Revenues for the pandemic year of 2020 dropped by ...
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ArticleEyewear companies stocks down by 17% in Q2
Contrary to other sectors such as energy, aerospace, defense or agriculture, which saw their stock value increase significantly in the last few months, the eyewear industry was not among the beneficiaries from the move of global money away from investments in Big Tech companies. Indeed, the 23 eyewear public companies ...
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ArticleItalian eyewear exports shot up in Q1, ANFAO to launch own sustainable label
Exports of Italian eyewear accelerated sharply in the first quarter of 2022, jumping by 35.3 percent year-on-year to a total value of €1.190 million, according to the most recent data from ANFAO, the Italian Eyewear Industry Association. Compared with the pre-COVID 2019 year, they were up by 32.3 percent. The ...
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News briefs
Global soft contact lens market estimated at $9.5 billion
At the group’s investor presentation day earlier this week, CooperCompanies said that its CooperVision unit outpaced the global contact lens market growth in recent years, with annual sales increasing at an average annual rate of 6.4 percent since 2016. Based on independent research and management estimates, the company estimates the ...
