All Data & Analysis articles – Page 6
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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 ...
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ArticleAPAC has become the world’s largest online eyewear market, research finds
Market research provider Euromonitor International has released a report titled “Where Consumers Shop for Eyewear.” Published in April, the report was presented at this year’s 100% Optical show, on April 23-25. According to the company, contact lenses and their related products are the most established online market segment in ...
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ArticleZVA confirms German market rebound, but lack of opticians endures
The Zentralverband der Augenoptiker und Optometristen (ZVA), the German association of opticians and optometrists, has released its annual report on the German market for 2021. The results are based on data collected from its members but also from other market players, associations and research companies. The report shows that ...
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ArticleChild-myopia awareness on the rise in France, survey says
A recent survey by the French Association for Eyesight Improvement (AsnaV) and OpinionWay suggests that close to half of the French population suffer from myopia as 48 percent of the 1,057 surveyed people said they felt some discomfort for long-distance vision. Among those, 79 percent had gotten their eyes ...
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ArticleItalian eyewear recovery driven by eyeglasses’ frames
The 2021 Italian eyewear report by ANFAO published ahead of the Mido show conveyed a sense of relief after a strong rebound of production and exports last year, but also serious concerns for the future, directly and indirectly linked to the war in Ukraine. Italian eyewear production, of which 90 ...
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ArticleSales of contact lenses in Europe rebound slightly over 2019 level
Euromcontact, the European federation of national associations and international contact lens manufacturers, calculated that the market value for soft contact lenses at wholesale level increased by 14.3 percent year-on-year to €1,991 million last year in the 34 countries researched. The list includes mostly European countries but also the U.A.E., Egypt, ...
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ArticleEyewear industry stock prices down 13% in Q1
The first quarter of 2022 was the worst quarter for global equity markets since the first quarter of 2020 when the Covid-19 pandemic started spreading worldwide, leading to travel restrictions and lockdowns and prompting stock markets to collapse in March. Since the start of this year, the U.S. equity market ...
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Article
Eyewear prices jump in Russia as the market braces for shortage
The price for eyewear in Russia jumped by 30 to 40 percent since the Russian invasion of Ukraine, primarily due to a collapse of the Russian ruble. Some stores have also seen a panic buying, as customers are wary of possible supply disruptions, over an unprecedented exodus of Western business ...
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ArticleU.S. market up throughout 2021, despite cooling Q4
According to The Vision Council’s latest VisionWatch market report, covering the fourth quarter of 2021, U.S. eyewear sales reached $45.83 billion over the course of 2021, up by 24.3 percent year-on-year and by 5 percent since 2019. “While 2021 marked a significant rebound from a challenging 2020 for the optical ...
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ArticleSpectaris: German optics industry recovered from pandemic impact in 2021
According to a press statement published by the industry association Spectaris, the German manufacturers of ophthalmic optics and consumer optics that are members of the association have successfully recovered from the negative effects of the Corona pandemic in 2021. In 2021, overall sales of the 140 Spectaris members who have ...
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ArticleFrench market up 1.4% vs 2019 despite headwinds
In an online conference for the members of the French-based industry association Club Inter-Optiques last week, GFK released some key indicators on the performance of the French optical market in 2021, also providing some comparison points with the German, Spanish and Italian markets. The research company’s data is based on ...
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News briefs
Pandemic has changed U.K. opticians permanently, survey says
The organizers of the 100% Optical show in the U.K. have found that more than 70 percent of the 700 or so industry professionals they recently surveyed have made certain pandemic measures permanent, and one-third said their customers remained wary of face-to-face consultations. “Overzealous and politicised attitudes regarding vaccination in ...
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News briefs
Optical outperforming overall retail in France, survey suggests
The French optical-industry platform Acuité has published a survey of 975 optical retretail professionals to review the sector’s performance from 2019 to 2021. In that time revenues for the French optical market rose by 4 to 5 percent, with especially good performance two months before the government’s 100% Santé program ...
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News briefs
U.S. insurer offering discounts on blue-light filters
Whereas eyewear brands are producing lenses to block blue light for the receptors, our eyes, at least one major medical insurer has begun incentivizing its policyholders to invest in filters to block blue light at the source, the screens of our digital devices. UnitedHealthcare in the U.S. is offering a ...
