Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape
Product Code: ETC003454 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Algeria Eyewear Market is expected to register growth during the forecast period 2020-26F on the back of increasing instances of vision disorders which is leading to increased adoption of eyeglasses. Moreover, the rising adoption of eyewear products as fashion accessories is further, anticipated to boost the growth of the Algeria eyewear market in the coming years. Launch of eye-friendly contact lenses that provide comfort and freedom to carry day-long activities coupled with an increase in the geriatric population with age-related eye vision problems are expected to drive considerable demand projections for eyewear products in Algeria in the upcoming six years.
According to 6Wresearch, Algeria Eyewear Market size is anticipated to register potential growth during 2020-26. However, the spread of COVID-19 is expected to contribute towards the decline of the Algeria eyewear market on the back of disturbances in the supply chain and discontinuation of the production. Moreover, consequent disruptions in the operations in the lockdown period in the country is likely to dip the sales revenue for many of the top eyewear brands in the near term and significantly contribute towards the slow growth of Algeria eyewear market in the coming years. However, rising needs for eye protection backed by the spread of airborne COVID virus, the demand for sunglasses is anticipated to increase but would not contribute much towards the growth of the Algeria eyewear market.
On the basis of product, the spectacles domain of the Algeria eyewear market is anticipated to dominate the revenue share in the overall market in the coming years owing to rising vision-related issues along with spectacles becoming a necessity at the time of vision imparity. The significant growth of the sunglasses is underpinned by an increase in the aging population of the country and various new product launches which is attracting the sight of consumers to opt for premium eyewear options and is anticipated to proliferate the market growth of Algeria eyewear market in the coming years.
The Algeria Eyewear report thoroughly covers the market by End-user, Product and by Distribution Channels. Algeria Eyewear outlook report provides an unbiased and detailed analysis of the on-going Algeria Eyewear trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
On the back of increase rising consumer consciousness regarding the image and style of eyewear products along with an increase in the middle-class population which is leading to increased consumer spending on fashion statements and would proliferate potential demand projections for eyewear products in Algeria in the coming years. Moreover, rising concerns for quality products for vision correction coupled with rising brand consciousness amongst consumers is likely to benefit the growth of the Algeria eyewear market. On the basis of products, eye glasses domain of the overall Algeria eyewear market is expected to witness the highest growth during the projected period 2020-26F backed by rising exposure of the population towards laptops, mobile phones and tablets which is leading to an increase in the eye – related defects and is contributing to an increased adoption of contact glasses. The purchasing cost of eye glasses is much lower than soft contact lenses and is hence, expected to drive significant demand projections for eye glasses in Algeria in the near future.
Markets Covered
The Algeria Eyewear Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Algeria Eyewear Market Overview |
3.1. Algeria Eyewear Market Revenues, 2016-2026F |
3.2. Algeria Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
3.3. Algeria Eyewear Market Revenue Share, By Products, 2019 & 2026F |
3.4. Algeria Eyewear Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.5. Algeria Eyewear Market Revenue Share, By Regions, 2019 & 2026F |
3.6. Algeria Eyewear Market Industry Life Cycle |
3.7. Algeria Eyewear Market- Porter’s Five Forces |
4. Algeria Eyewear Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Algeria Eyewear Market Trends |
6. Algeria Eyewear Market Overview, By End-users |
6.1. Algeria Eyewear Market Revenues, By Men, 2016-2026F |
6.2. Algeria Eyewear Market Revenues, By Women, 2016-2026F |
6.3. Algeria Eyewear Market Revenues, By Unisex, 2016-2026F |
7. Algeria Eyewear Market Overview, By Products |
7.1. Algeria Eyewear Market Revenues, By Sunglasses, 2016-2026F |
7.2. Algeria Eyewear Market Revenues, By Spectacles, 2016-2026F |
7.3. Algeria Eyewear Market Revenues, By Contact Lenses, 2016-2026F |
7.4. Algeria Eyewear Market Revenues, By Others, 2016-2026F |
8. Algeria Eyewear Market Overview, By Distribution Channels |
8.1. Algeria Eyewear Market Revenues, By Online, 2016-2026F |
8.2. Algeria Eyewear Market Revenues, By Offline, 2016-2026F |
9. Algeria Eyewear Market Overview, By Region |
9.1. Algeria Eyewear Market Revenues, By Region, 2016-2026F |
10. Algeria Eyewear Market Key Performance Indicators |
11. Algeria Eyewear Market Opportunity Assessment |
11.1. Algeria Eyewear Market, Opportunity Assessment, By Product, 2025F |
11.2. Algeria Eyewear Market, Opportunity Assessment, By Region, 2025F |
12. Algeria Eyewear Market Competitive Landscape |
12.1. Algeria Eyewear Market Competitive Benchmarking, By Product |
12.2. Algeria Eyewear Market Revenue Share, By Company, 2019 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |