All Data & Analysis articles – Page 7
-
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 ...
-
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. ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
-
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, ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...
