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: ETC002616 | Publication Date: May 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Qatar Eyewear Market |
Forecast period | 2025-2031 |
CAGR | 5.2% |
Growing Sector | Eyewear |
The Qatar Eyewear Market report extensively covers the market by product types, mode of sale, and end users. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas and market drivers that would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Qatar Eyewear Market is projected to witness significant growth in the forecast period. The increasing demand for fashionable eyewear, along with the growing vision disorders are driving growth in the market.
According to 6Wresearch, the Qatar Eyewear Market is projected to grow at a CAGR of 5.2% during the forecast period 2025-2031. The growth in the market is driven by increasing disposable income and the rising prevalence of eye diseases. The changing consumer preferences due to the rise of social media and influencer culture has led to a rise in demand for eyewear. Additionally, increasing disposable income levels have allowed consumers to spend more on luxury items such as designer glasses and sunglasses. Moreover, the growing prevalence of vision problems in Qatar is also fueling market growth. With a large population suffering from conditions such as myopia and presbyopia, there is a high demand for corrective eyewear.
Despite the growth opportunities in the Qatar Eyewear market, there are challenges that limit the market growth. The main challenge is the presence of cheap counterfeit products in the market, which can lower consumer confidence and affect sales for legitimate manufacturers. Another challenge is the high cost of branded eyewear products, making them less affordable for a significant portion of consumers with lower income levels.
The key players in the market include Luxottica, Essilor International, and Safilo Group. These companies are constantly investing in R&D activities to develop advanced and stylish eyewear and expand their market presence. Currently, Luxottica holds the largest share in the market.
The Qatar government has taken initiatives to regulate the eyewear market, ensuring the safety and quality of products. The Ministry of Public Health in Qatar is responsible for regulating the import, distribution, and sale of eyewear products in the country. In addition, they also conduct regular inspections on manufacturers and retailers to ensure compliance with safety standards.
The Qatar Eyewear Market is projected to continue its growth trajectory in the coming years. The growth is driven by evolving fashion trends and increasing awareness about eye health among Qatarns. The rise in disposable income levels, growing fashion trends, and government initiatives to regulate the market are expected to drive further growth. Additionally, technological advancements in eyewear, such as smart glasses and contact lenses, are also expected to contribute to market growth. Moreover, with the rise of e-commerce and online retail platforms, there is a huge potential for growth in the online sales of eyewear. Furthermore, the introduction of smart glasses is expected to be a significant trend in the coming years, enhancing the functionality of traditional eyewear.
According to Dhaval, Research Manager, 6Wresearch, the spectacles segment is expected to hold the dominant share in the Qatar Eyewear Market. This can be attributed to the growing prevalence of vision problems among the Qatar population.
The offline segment is expected to hold the dominant share in the Qatar Eyewear Market, owing to the customers' preference for trying out eyewear before purchasing.
The female segment is expected to hold a significant share in the Qatar Eyewear Market due to the increasing interest of women in fashion and style trends.
The market study offers an exhaustive 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. Qatar Eyewear Market Overview |
3.1. Qatar Eyewear Market Revenues, 2021-2031F |
3.2. Qatar Eyewear Market Revenue Share, By End-Users, 2021 & 2031F |
3.3. Qatar Eyewear Market Revenue Share, By Products, 2021 & 2031F |
3.4. Qatar Eyewear Market Revenue Share, By Distribution Channels, 2021 & 2031F |
3.5. Qatar Eyewear Market Revenue Share, By Regions, 2021 & 2031F |
3.6. Qatar Eyewear Market Industry Life Cycle |
3.7. Qatar Eyewear Market- Porter’s Five Forces |
4. Qatar Eyewear Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Qatar Eyewear Market Trends |
6. Qatar Eyewear Market Overview, By End-Users |
6.1. Qatar Eyewear Market Revenues, By Men, 2021-2031F |
6.2. Qatar Eyewear Market Revenues, By Women, 2021-2031F |
6.3. Qatar Eyewear Market Revenues, By Unisex, 2021-2031F |
7. Qatar Eyewear Market Overview, By Products |
7.1. Qatar Eyewear Market Revenues, By Sunglasses, 2021-2031F |
7.2. Qatar Eyewear Market Revenues, By Spectacles, 2021-2031F |
7.3. Qatar Eyewear Market Revenues, By Contact Lenses, 2021-2031F |
7.4. Qatar Eyewear Market Revenues, By Others, 2021-2031F |
8. Qatar Eyewear Market Overview, By Distribution Channels |
8.1. Qatar Eyewear Market Revenues, By Online, 2021-2031F |
8.2. Qatar Eyewear Market Revenues, By Offline, 2021-2031F |
9. Qatar Eyewear Market Overview, By Region |
9.1. Qatar Eyewear Market Revenues, By Region, 2021-2031F |
10. Qatar Eyewear Market Key Performance Indicators |
11. Qatar Eyewear Market Opportunity Assessment |
11.1. Qatar Eyewear Market, Opportunity Assessment, By Product, 2031F |
11.2. Qatar Eyewear Market, Opportunity Assessment, By Region, 2031F |
12. Qatar Eyewear Market Competitive Landscape |
12.1. Qatar Eyewear Market Competitive Benchmarking, By Product |
12.2. Qatar Eyewear Market Revenue Share, By Company, 2024 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |