All Data & Analysis articles – Page 6
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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 ...
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ArticleU.S. market confirms its rebound in Q3
According to The Vision Council’s most recent VisionWatch report, covering the third quarter of U.S. market, the 12 months preceding September 2021 suggest a solid recovery in eyewear revenues. Sales for the period reached $46.45 billion, up by 24 percent from the comparable period of 2020 and by 6.3 percent ...
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ArticleTop 5 eyewear companies’ stock prices up 4.6 % in Q4
We are updating here our quarterly chart on the evolution of stock prices for the public companies in the eyewear market, including manufacturers, distributors or retailers of contact lenses, prescription lenses, eyeglasses and sunglasses. We are also publishing a ranking of these 22 companies based on their stock market value. ...
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News briefs
J&J sees contact lens users return to pre-Covid habits
Johnson & Johnson Vision sees contact lens consumption in Western Europe recovering as lockdown restrictions ease and wearers progressively return to their pre-Covid habits. The announcement follows a survey by the contact lens company among 3,300 respondents across France, Germany, Italy, Spain, Belgium and the Netherlands. The main finding of ...
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News briefs
Report sees 5% CAGR growth rate for eyewear packaging market until 2031
The international eyewear packaging market is expected to grow at a compound average growth rate of 4.7 percent over the next decade, according to a new industry report by Persistence Market Research. The U.S. research company said the growth would be fueled by the general increase of the eyewear market ...
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ArticleU.S. market back over 2019 level in Q2
The Vision Council has announced the release of its quarterly VisionWatch research report and disclosed some key figures and trends in the U.S. optical market for the second quarter of 2021. According to the Vision Council’s data, the U.S. eyewear market more than doubled in Q2 as compared to the ...
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News briefs
Stable average price for a French optical shop in 2020
According to a recent multisector report by Altares, a French research company, a total of 188 optical stores were taken over in France last year, a significant drop from the 230 transactions registered in 2019. While the Covid-19 crisis certainly had a negative effect, the number of such transactions has ...
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ArticleEyewear industry stock prices up 3.5% in Q3
We are publishing here our quarterly update on the evolution in stock prices of public companies operating in our core eyewear market, including manufacturers, distributors or retailers of contact lenses, prescription lenses, eyeglasses and sunglasses. As shown in the chart below, the non-weighted average growth for the 22 companies included ...
