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Spectacles in India

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    Report

  • 19 Pages
  • June 2024
  • Region: India
  • Euromonitor International
  • ID: 2507438
Following its recovery from the impact of the pandemic in 2022, spectacles in India experienced robust double-digit current value growth the subsequent year. However, the pace of growth is set to moderate in 2024, reflecting a mature environment with sustained but slower growth. Notably, spectacle lenses remains the primary revenue driver within the category, followed by frames.

The Spectacles in India report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Readymade Reading Glasses, Spectacle Frames, Spectacle Lenses.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Spectacles market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Spectacles exhibits stable single-digit value growth in 2024
  • Advances in vision correction mark a new focus point in the industry
  • Essilor India leads spectacles with premium product offerings and wide product distribution
PROSPECTS AND OPPORTUNITIES
  • Growing use of digital devices will drive growth for spectacles in the forecast period
  • Although offline retail channels will remain dominant, significant growth is anticipated for retail e-commerce
  • Emergence of sustainable eyewear solutions expected in the forecast period
CATEGORY DATA
  • Table 1 Sales of Spectacles by Category: Volume 2019-2024
  • Table 2 Sales of Spectacles by Category: Value 2019-2024
  • Table 3 Sales of Spectacles by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Spectacles by Category: % Value Growth 2019-2024
  • Table 5 Sales of Spectacle Lenses by Type: % Value 2019-2024
  • Table 6 NBO Company Shares of Spectacles: % Value 2019-2023
  • Table 7 LBN Brand Shares of Spectacles: % Value 2020-2023
  • Table 8 Distribution of Spectacles by Format: % Value 2019-2024
  • Table 9 Forecast Sales of Spectacles by Category: Volume 2024-2029
  • Table 10 Forecast Sales of Spectacles by Category: Value 2024-2029
  • Table 11 Forecast Sales of Spectacles by Category: % Volume Growth 2024-2029
  • Table 12 Forecast Sales of Spectacles by Category: % Value Growth 2024-2029
EYEWEAR IN INDIA
EXECUTIVE SUMMARY
  • Eyewear in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for eyewear?
MARKET DATA
  • Table 13 Sales of Eyewear by Category: Volume 2019-2024
  • Table 14 Sales of Eyewear by Category: Value 2019-2024
  • Table 15 Sales of Eyewear by Category: % Volume Growth 2019-2024
  • Table 16 Sales of Eyewear by Category: % Value Growth 2019-2024
  • Table 17 NBO Company Shares of Eyewear: % Value 2019-2023
  • Table 18 LBN Brand Shares of Eyewear: % Value 2020-2023
  • Table 19 Distribution of Eyewear by Format: % Value 2019-2024
  • Table 20 Forecast Sales of Eyewear by Category: Volume 2024-2029
  • Table 21 Forecast Sales of Eyewear by Category: Value 2024-2029
  • Table 22 Forecast Sales of Eyewear by Category: % Volume Growth 2024-2029
  • Table 23 Forecast Sales of Eyewear by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources