All Data & Analysis articles – Page 7
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ArticleItalian exports recover faster than expected
ANFAO has brightened its forecast for the Italy’s eyewear industry, as figures for the first half of 2021 are hinting at a brisker-than-expected recovery. As we reported at the time, the association’s president, Giovanni Vitaloni, presented a darker picture at the MIDO trade show back in May, when the pandemic ...
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ArticleShift in the financing of optical expenses in France
The Direction de la recherche, des études, de l’évaluation et des statistiques (Drees), the French administration in charge of national research and statistics, released last week its annual report on healthcare expenses in the country. According to the DREES, the optical market in France decreased by 7.3 percent year-on-year to ...
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News briefs
Survey gives H1 optical sales up 3% in Germany vs. 2019
Quoting figures from an Euronet survey based on over 400 participating companies in the eyewear sector with average revenues of €280,000, the German trade publication Der Augenoptiker reports that the sector’s sales in Germany for the first half of the year increased by 18.5 percent year-on-year. Compared to the pre-Covid ...
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News briefs
U.S. optical market slightly above 2019 level in Q1
According to the quarterly VisionWatch market report by The Vision Council, vision correction industry sales in the U.S. jumped by 16.5 percent year-on-year in Q1 2021 to $11.6 billion, also representing a small 1.9 percent hike from 2019 levels. The number of U.S. adults using prescription eyewear rose by 0.4 ...
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ArticleQ2 Stock price update: Essilux hits record high
We are giving here our quarterly update on the evolution of the stock price of 19 public companies operating in our core market, which grew by 9.4 percent on average between March 31 and June 30. 2021 - Q2 stock price chart The quarter was marked by the ...
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ArticleShift towards omnichannel in U.S. online eyewear purchase
The Vision Council has released the latest edition of its Internet Influence Report, a research conducted in December 2020 among 4,909 U.S. adult consumers and aimed at measuring the role of internet in their recent eyewear purchases. This edition follows previous reports published in 2017 and 2020 that provide a ...
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ArticleSpanish market to rebound halfway in 2021 after Covid drop
FEDAO, the Spanish optical federation that regroups both industry and retail associations, has just released its annual Libro Blanco – white paper –, detailing the results of the national optical market’s performance last year. The data presented by the federation is based on a mix of figures ...
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News briefs
Survey: young UK adults spend £293 a year on vision correction
According to a survey of 2,000 adults in the U.K., consumers in the 18- to 34-year-old age group spent an average of £293 (€342-$414) per year on their eyeglasses or contact lenses, about £100 (€117-$141) more than older people, The Optician reports. Of those 18- to 34-year-olds, 71 percent said ...
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ArticleItalian exports down 26% in 2020
The Covid-19 pandemic put the Italian eyewear industry back seven years, as 2020 production and exports’ values dropped back to 2013 levels, according to data presented yesterday by Giovanni Vitaloni, president of ANFAO, the Italian industry association, and the MIDO trade show. Commenting on the current situation, ...
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Article
Essilor sees growth opportunities in Russia
The Covid-19 pandemic has hit the Russian eyewear market hard, but the long-term outlook remains mostly bright, said Vadim Korol, chairman of Essilor Russia, in the Russian magazine Invest Forsait at the end of April. Last year has been marked with a slump in sales caused by a number of ...
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News briefs
New results of large-scale research on children myopia in France
KRYS GROUP, a leader in the French optical retail sector, and the Poitiers university hospital, started in 2013 a large-scale research on the progression of myopia among French children aged between 4 and 17 years old. The latest results of this ongoing research, which was based on data collected for ...
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ArticleZVA sees German market down 7.4 percent last year
Like for most other business sectors, 2020 turned to be a difficult year for the ophthalmic optics market, as shown by the latest figures published by the Zentralverband der Augenoptiker und Optometristen (ZVA), the German association of opticians and optometrists. Overall, the German eyewear sector faced a 7.4 percent drop ...
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Article
The Vision Council reports signs of recovery in the U.S. market
The U.S. vision care market declined by 17.4 percent year-on-year to $36.05 billion at retail between December 2019 and December 2020, according to The Vision Council that just published its quarterly VisionWatch report for last year’s Q4. The market started to recover at the end of the year with retail ...
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ArticleEyewear industry stock prices up 10% in Q1
Following the publication for the first time of our industry stock market capitalization at the start of the year, we are providing here a quarterly update for the evolution of the stock price of 19 stock listed companies operating in our core market, showing its evolution between Jan. 1 and ...
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News briefs
Alcon CEO expects a market recovery before year end
In an interview with Vision Monday, David Endicott, CEO of Alcon, said that the market for contact lenses had grown by 9 percent in the U.S. in last year’s fourth quarter while the European and Asia-Pacific markets were still declining by 6 percent and more than 10 percent, respectively. However, ...
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News briefs
Japanese optometrists get the highest salaries
Compiling data from several web sources, Lenstore, a U.K.-based online retailer of contact lenses, calculated that the average annual salary for an optometrist was the highest in Japan, with £98,252 (€114,093-$135,823) per year. In second and third positions came Denmark and the U.S. with £97,066 (€112,711-$134,178) and £95,768 (€111,204-$132,387) respectively. ...
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Article
French social security expects more impact from its eyecare reform in the future
In a roundtable with a French journalists’ association last week, Frank von Lennep, the country’s social security director said that 14 percent of eyeglasses’ frames and 12 percent of corrective lenses sold had been picked from the Class A products’ list since the implementation of the 100% Santé healthcare reform ...
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Data & AnalysisA Comparison of European Contact Lens and Lens Care Markets in 2020
A Comparison of European Contact Lens and Lens Care Markets in 2020
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ArticleThe European soft contact lenses’ market decreased by 9% last year
The European wholesale market for soft contact lenses decreased by 9.1 percent year-on-year to €1,376 million in 2020 according to data collected in 13 countries by Euromcontact, the European federation of national associations and international contact lenses manufacturers. The countries included in this research are: Belgium, Luxemburg, Denmark, France, Germany, ...
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Article
German suppliers saw their sales drop 9.5% last year
The Covid-19 pandemic put a brutal end to a decade of steady growth for the German eyewear industry, according to a new report by Spectaris, the national trade association. After a record sales’ increase of 5.4 percent in 2019, revenues of German suppliers of optical products dropped by 9.5 percent ...
