Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (China, Malaysia, India, Japan, Indonesia, Australia, Thailand &Rest of Asia Pacific) and competitive landscape
Product Code: ETC003427 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Eyewear Market is anticipated to register growth in the revenues during the forecast period 2020-26F owing to changing fashion statements, increasing concerns regarding visual acuity, increase in concerns regarding eye safety, increase in the eye defects and an increase in the aging population in the developed countries across the region. Moreover, the rising efforts of the government across the region towards providing affordable eye care facilities to the people by way of camps especially in the rural areas is helping the potential sales of eyewear products and is anticipated to proliferate sound growth of the Asia Pacific eyewear market in the upcoming six years.
According to 6Wresearch, Asia Pacific (APAC) Eyewear Market is anticipated to witness growth during the forecast period 2020-26F. However, the spread of COVID-19 is expected to contribute towards the decline of the Asia Pacific eyewear market on the back of disturbances in the supply chain and discontinuation of production. Moreover, consequent disruptions in the operations in the lockdown period in the country are 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 the Asia Pacific eyewear market in the coming years. However, with an increase in digitalization backed by the spread of the COVID-19 virus and the world going online for many of their tasks, the use of electronic devices is expected to increase and would raise significant demand for anti-reflection eyewear products to ensure increased use of electronic devices safely.
Malaysia eyewear market is expected to dominate the overall market revenues in the Asia Pacific eyewear market owing to the technically advanced and innovative optical industry of Malaysia. Also, the increased tourism in the country is leading to increased consumer spending on fashion statements and would proliferate potential demand projections for eyewear products in Malaysia in the coming year and would benefit the growth of the Asia Pacific eyewear market in the coming timeframe.
The Asia Pacific Eyewear report thoroughly covers the market by end-user, product, distribution channels, and by countries such as India, China, Japan, Australia, Malaysia, Indonesia, and Thailand. Asia Pacific Eyewear outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific 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.
Owing to the changing fashion statements, a rise in concerns regarding eye safety, an increase in eye defects, and an increase in the aging population in the developed countries across the region. Demand for premium quality and optimized eyewear products coupled with the introduction of lucrative designs is anticipated to drive demand for the latest designs of eyewear in the near future across the Asia Pacific region and trigger potential growth of the Asia Pacific eyewear market in the upcoming six years. Also, 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 Italy in the coming year and would benefit the growth of the Asia Pacific eyewear market in the coming timeframe.
Asia Pacific Eyewear Market is anticipated to garner potential revenues throughout the forecast period 2020-26F on the back of the sound potential of the optical industry of combining innovation with technology. The state in art technological advancements in eyewear such as detection of colors and adjustment of the shade of the lens accordingly, sun detection factor, and activated UV and anti-reflection factor in eyewear is expected to trigger sound growth of the Asia Pacific eyewear market in the coming years. Further, the growth of the eyewear market in the Asia Pacific is attributed to the expertise in fashion and strong optical industry potential.
Asia Pacific eyewear market is projected to find its true potential underpinned by the rising eye problems among the population. On the basis of the country, India eyewear market is estimated to gain traction in the coming years on the back of a rise in eye health-related problems such as myopia and hyperopia coupled with an increased geriatric population simultaneously leading to increased adoption of spectacles to help the wearer in achieving the clear vision. Further, on the basis of product type contact lenses is estimated to ensure exponential growth in the market owing to increased physical appearance which prompted the customer to prefer contact lenses over spectacles is estimated to generate lucrative sales revenues for the eyewear objects and would instigate the prominent growth of Asia Pacific eyewear market in the coming timeframe.
Key Highlights of the Report:
Markets Covered
The Asia Pacific 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 |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Asia Pacific Eyewear Market Overview |
3.1. Asia Pacific Eyewear Market Revenues, 2016-2026F |
3.2. Asia Pacific Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
3.3. Asia Pacific Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
3.4. Asia Pacific Eyewear Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.5. Asia Pacific Eyewear Market Revenue Share, By Countries, 2019 & 2026F |
3.6. Asia Pacific Eyewear Market IndUStry Life Cycle |
3.7. Asia Pacific Eyewear Market- Porter’s Five Forces |
4. Asia Pacific Eyewear Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Asia Pacific Eyewear Market Trends |
6. Asia Pacific Eyewear Market Overview, By End-users |
6.1. Asia Pacific Eyewear Market Revenues, By Men, 2016-2026F |
6.2. Asia Pacific Eyewear Market Revenues, By Women, 2016-2026F |
6.3. Asia Pacific Eyewear Market Revenues, By Unisex, 2016-2026F |
7. Asia Pacific Eyewear Market Overview, By-Products |
7.1. Asia Pacific Eyewear Market Revenues, By Sunglasses, 2016-2026F |
7.2. Asia Pacific Eyewear Market Revenues, By Spectacles, 2016-2026F |
7.3. Asia Pacific Eyewear Market Revenues, By Contact Lenses, 2016-2026F |
7.4. Asia Pacific Eyewear Market Revenues, By Others, 2016-2026F |
8. Asia Pacific Eyewear Market Overview, By Distribution Channels |
8.1. Asia Pacific Eyewear Market Revenues, By Online, 2016-2026F |
8.2. Asia Pacific Eyewear Market Revenues, By Offline, 2016-2026F |
9. Indonesia Eyewear Market Overview |
9.1 Indonesia Eyewear Market Revenue and Volume, 2016-2026F |
9.2 Indonesia Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
9.3 Indonesia Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
9.4 Indonesia Eyewear Market Revenue Share, By Distribution Channel, 2019 & 2026F |
10. Thailand Eyewear Market Overview |
10.1 Thailand Eyewear Market Revenue and Volume, 2016-2026F |
10.2 Thailand Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
10.3 Thailand Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
10.4 Thailand Eyewear Market Revenue Share, By Distribution Channel, 2019 & 2026F |
11. Malaysia Eyewear Market Overview |
11.1 Malaysia Eyewear Market Revenue and Volume, 2016-2026F |
11.2 Malaysia Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
11.3 Malaysia Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
11.4 Malaysia Eyewear Market Revenue Share, By Distribution Channel, 2019 & 2026F |
12. Australia Eyewear Market Overview |
12.1 Australia Eyewear Market Revenue and Volume, 2016-2026F |
12.2 Australia Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
12.3 Australia Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
12.4 Australia Eyewear Market Revenue Share, By Distribution Channel, 2019 & 2026F |
13. Japan Eyewear Market Overview |
13.1 Japan Eyewear Market Revenue and Volume, 2016-2026F |
13.2 Japan Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
13.3 Japan Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
13.4 Japan Eyewear Market Revenue Share, By Distribution Channel, 2019 & 2026F |
14. India Eyewear Market Overview |
14.1 India Eyewear Market Revenue and Volume, 2016-2026F |
14.2 India Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
14.3 India Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
14.4 India Eyewear Market Revenue Share, By Distribution Channel, 2019 & 2026F |
15. China Eyewear Market Overview |
15.1 China Eyewear Market Revenue and Volume, 2016-2026F |
15.2 China Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
15.3 China Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
15.4 China Eyewear Market Revenue Share, By Distribution Channel, 2019 & 2026F |
16. Asia Pacific Eyewear Market Key Performance Indicators |
17. Asia Pacific Eyewear Market Competitive Landscape |
17.1 Asia Pacific Eyewear Market By Companies, 2019 |
17.2 Indonesia Eyewear Market By Companies, 2019 |
17.3 Thailand Eyewear Market By Companies, 2019 |
17.3 Malaysia Eyewear Market By Companies, 2019 |
17.4 Australia Eyewear Market By Companies, 2019 |
17.5 Japan Eyewear Market By Companies, 2019 |
17.6 India Eyewear Market By Companies, 2019 |
17.7 China Eyewear Market By Companies, 2019 |
18. Company Profiles |
19. Key Strategic Recommendations |