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: ETC003471 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Georgia Eyewear Market is expected to register growth during the forecast period 2020-26F owing to an increase in the adoption of luxury eyewear products in the country coupled with advancements in optometry. Further, the rising use of sunglasses as a fashion trend along with the rising inclination of the youth towards premium and luxurious fashion accessories is, further anticipated to trigger the eyewear market growth in Georgia during the projected period 2020-26F. Moreover, easy availability and affordable cost of eyewear lenses are anticipated to spur the growth of the eyewear market in Georgia in the coming years.
According to 6Wresearch, Georgia 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 Georgia 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 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 Georgia 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.
On the basis of distribution channels, online distribution channels are expected to garner the highest revenues in the overall Georgia eyewear market backed by the rising access to e-commerce sites along with a boom in online optical portals which has further, lead to a decline in the physical optical shops. Also, a spur in the home services such as home eye testing, free trial of products, and delivery of the finished product at home is instigating many consumers to shift towards online shopping methods and would assist the Georgia eyewear market in witness potential growth in the coming years.
The Georgia Eyewear report thoroughly covers the market by End-user, Product, and Distribution Channels. Georgia Eyewear outlook report provides an unbiased and detailed analysis of the on-going Georgia 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.
Georgia Eyewear market is expected to register potential growth during the forecast period 2020-26F 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 Georgia 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 Georgia eyewear market. On the basis of product, sunglasses are anticipated to dominate the revenue share in the overall market in the coming years owing to rising fashion statements amongst the young population in the country coupled with changing climatic conditions due to which their need for eye protection is rising. Further, the introduction of various trends in sunglasses is drawing the attention of the millennial population towards the adoption of sunglasses and would proliferate the growth of the US eyewear market in the upcoming six years.
Key Highlights of the Report:
Markets Covered
The Georgia 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. Georgia Eyewear Market Overview |
3.1. Georgia Eyewear Market Revenues, 2016-2026F |
3.2. Georgia Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
3.3. Georgia Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
3.4. Georgia Eyewear Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.5. Georgia Eyewear Market Revenue Share, By Regions, 2019 & 2026F |
3.6. Georgia Eyewear Market Industry Life Cycle |
3.7. Georgia Eyewear Market- Porter’s Five Forces |
4. Georgia Eyewear Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Georgia Eyewear Market Trends |
6. Georgia Eyewear Market Overview, By End-users |
6.1. Georgia Eyewear Market Revenues, By Men, 2016-2026F |
6.2. Georgia Eyewear Market Revenues, By Women, 2016-2026F |
6.3. Georgia Eyewear Market Revenues, By Unisex, 2016-2026F |
7. Georgia Eyewear Market Overview, By-Products |
7.1. Georgia Eyewear Market Revenues, By Sunglasses, 2016-2026F |
7.2. Georgia Eyewear Market Revenues, By Spectacles, 2016-2026F |
7.3. Georgia Eyewear Market Revenues, By Contact Lenses, 2016-2026F |
7.4. Georgia Eyewear Market Revenues, By Others, 2016-2026F |
8. Georgia Eyewear Market Overview, By Distribution Channels |
8.1. Georgia Eyewear Market Revenues, By Online, 2016-2026F |
8.2. Georgia Eyewear Market Revenues, By Offline, 2016-2026F |
9. Georgia Eyewear Market Overview, By Region |
9.1. Georgia Eyewear Market Revenues, By Region, 2016-2026F |
10. Georgia Eyewear Market Key Performance Indicators |
11. Georgia Eyewear Market Opportunity Assessment |
11.1. Georgia Eyewear Market, Opportunity Assessment, By Product, 2025F |
11.2. Georgia Eyewear Market, Opportunity Assessment, By Region, 2025F |
12. Georgia Eyewear Market Competitive Landscape |
12.1. Georgia Eyewear Market Competitive Benchmarking, By Product |
12.2. Georgia Eyewear Market Revenue Share, By Company, 2019 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |