Indonesia Eyewear Market (2024-2030) Outlook | Revenue, Industry, Share, Growth, Companies, Size, Value, Forecast, Trends & Analysis

Market Forecast By Product Type (Prescription glasses/spectacles, Sunglasses, Contact lenses), By Mode of Sale (Retail stores, Online stores), By End User (Men, Women) And Competitive Landscape

Product Code: ETC369628	Publication Date: Aug 2022	Updated Date: May 2024	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Indonesia Eyewear Market Competition 2023

Indonesia Eyewear market currently, in 2023, has witnessed an HHI of 5217, Which has increased slightly as compared to the HHI of 2928 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Indonesia Export Potential Assessment For Eyewear Market (Values in USD Thousand)

Indonesia Eyewear Market Synopsis

The Indonesia eyewear market encompasses a wide range of products, including prescription glasses, sunglasses, and contact lenses. This market is experiencing growth due to various factors, including changing fashion trends, increasing awareness of eye health, and a rising aging population. The demand for eyewear is also influenced by the widespread use of digital devices, leading to an uptick in cases of eye strain and vision issues. As a result, eyewear manufacturers are innovating in terms of designs, materials, and technology to cater to the diverse needs of consumers. The market is expected to continue expanding with a focus on both fashion and eye care.

Drivers of the Market

The Eyewear market in Indonesia is witnessing growth due to various drivers. Firstly, the increasing awareness of eye health and the prevalence of vision problems are driving the demand for eyewear products, including prescription glasses and sunglasses. Secondly, the fashion-conscious consumer base is fueling the market for stylish eyewear. Additionally, the expansion of optical retail chains and the availability of affordable eyewear options are contributing to market expansion.

Challenges of the Market

The broader eyewear market in Indonesia faces challenges related to affordability and awareness of eye health. Many indonesias may not prioritize regular eye check-ups and eyewear purchases due to limited disposable income. Furthermore, counterfeit eyewear is prevalent, posing health risks to consumers and eroding trust in the market. Educational campaigns and initiatives to promote eye health and safety are crucial in addressing these challenges.

COVID-19 Impact on the Market

The eyewear market adapted to the new normal by offering online shopping options and emphasizing eye health. Prescription glasses, sunglasses, and contact lenses remained in demand as consumers sought vision correction and protection.

Key Players in the Market

The Indonesia Eyewear market is witnessing steady growth, driven by changing fashion trends and increasing awareness of eye health. Major players in this market include Luxottica Group, EssilorLuxottica, and Safilo Group. They provide a comprehensive range of eyewear products, including prescription glasses, sunglasses, and contact lenses, catering to the diverse needs of consumers.

Key Highlights of the Report:

Indonesia Eyewear Market Outlook
Market Size of Indonesia Eyewear Market, 2023
Forecast of Indonesia Eyewear Market, 2030
Historical Data and Forecast of Indonesia Eyewear Revenues & Volume for the Period 2020-2030
Indonesia Eyewear Market Trend Evolution
Indonesia Eyewear Market Drivers and Challenges
Indonesia Eyewear Price Trends
Indonesia Eyewear Porter's Five Forces
Indonesia Eyewear Industry Life Cycle
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By Product Type for the Period 2020-2030
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By Prescription glasses/spectacles for the Period 2020-2030
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By Sunglasses for the Period 2020-2030
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By Contact lenses for the Period 2020-2030
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By Mode of Sale for the Period 2020-2030
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By Retail stores for the Period 2020-2030
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By Online stores for the Period 2020-2030
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By End User for the Period 2020-2030
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By Men for the Period 2020-2030
Historical Data and Forecast of Indonesia Eyewear Market Revenues & Volume By Women for the Period 2020-2030
Indonesia Eyewear Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Mode of Sale
Market Opportunity Assessment By End User
Indonesia Eyewear Top Companies Market Share
Indonesia Eyewear Competitive Benchmarking By Technical and Operational Parameters
Indonesia Eyewear Company Profiles
Indonesia Eyewear Key Strategic Recommendations