The latest insights and analysis about the international eyewear market including market sizes, growth, drivers and trends on a country, regional and global level.
Latest Data & Analysis
ArticleUkraine eyewear market partly bounces back amid ongoing challenges
The Ukrainian eyewear market has partly rebounded from its 2022 drop following the start of the war with Russia despite severe supply chain disruptions. However, uncertainties and challenges remain, notably related to the workforce shortage and power outages.
ArticleThe Vision Council reviews Q2 in the US
The Vision Council has released its Consumer inSights report on the US market for Q2 2024.
ArticleA majority of stock listed eyewear companies saw their share value decline in Q2
Stock listed eyewear companies have seen their share value increase by 4.3 percent on a non-weighted average basis in the second quarter of 2024, improving slightly from the 1.6 percent increase observed in Q1. The industry average outperformed the MSCI World Index, which includes 1,500 companies worldwide and grew by ...
ArticleThe new reality of the Russian eyewear market
Over the last few years, the Russian eyewear market has experienced a rollercoaster ride, with occasional supply disruptions, price swings, growing dependence on China and a rise in the share of counterfeit goods and “grey imports.”
ArticleBrazilian optical retail market value up 5% in 2023
The Brazilian optical retail market value grew by 4.9 percent year-on-year to 25.6 billion reais (€4.4bn) in 2023 according to the annual report by Abióptica. The data was calculated based on a survey by Cielo, a credit card service company, at optical stores. It does not include online sales. Founded ...
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Top US retailers doubled growth pace last year
The 50 largest US optical retailers increased their sales by 8.0 percent year-on-year to an estimated $21.0 billion with 16,369 shops, according to the annual report by Vision Monday. This marks an acceleration from 2022 where their combined revenue was up by 4.0 percent versus 2021. Vision Source, the retail ...
The Vision Council reviews Q2 in the US
The Vision Council has released its Consumer inSights report on the US market for Q2 2024.
Spanish optical market up by 6.0 percent in 2023
The Spanish optical market value grew by 6.0 percent year-on-year in 2023 according to the “Libro Blanco de la Visión”, the annual report by FEDAO, the national federation of optical associations. Accelerating slightly from the previous year (+4.4 percent versus 2021), the Spanish market ended 2023 with a value of ...
Assistance, design key drivers in eyewear purchases
Both the assistance provided to customers and eyewear design are key drivers when choosing to buy a pair of eyeglasses and sunglasses, according to a survey conducted by the Italian market research group Yoodata among eyewear purchasers in Italy, France, Spain, Germany, the UK, the US and China.
Driven by lenses, Spanish optical market tops pre-COVID level in 2022
The Spanish optical market grew by 4.4 percent year-on-year to €1.,918 million including VAT in 2022 according to a new report presented yesterday in an online meeting by the Federación Espaňola de Asociasones del Sector Óptico (FEDAO). Adding up to the 20.4 percent rebound reported a year ago for 2021, ...
American eyecare providers expect good things from 2023
In its report for the first quarter of 2023 The Vision Council finds that optimism reigns among eyecare providers in the U.S. – despite what the Council’s senior director of market research and analytics, Alysse Henkel, calls “acute pressures” from price inflation and a tight labor market.
GFK sees French market up 5% in 2022
GFK delivered a mixed picture for the European market during its presentation at the annual conference of the Club Inter-Optiques, a French-based industry association, last Friday. The research company’s data is based on sell-out figures collected at a panel of optical shops in the different countries.
ANFAO turns focus to costs after exports jumped in 2022
Just a few days ahead of the 2023 edition of MIDO, Italian eyewear industry association ANFAO released preliminary data for 2022 that broadly confirmed the contrasted picture given last December, between booming exports and a flattish domestic market.
The Vision Council sees a much bigger but flat U.S. market for 2022
The Vision Council has changed its view of the U.S. optical industry, after a revamping of its statistical methods, and has just published a retitled annual survey: the Market inSights Report.