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Eyewear in South Africa

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    Report

  • 33 Pages
  • June 2024
  • Region: South Africa
  • Euromonitor International
  • ID: 2508100
Demand for eyewear in South Africa continues to rise, despite the rising cost of living. Many local consumers are struggling financially and are prioritising certain goods over others. Additionally, South Africans are becoming more strategic in terms of how they are spending their money. Hence, eyewear categories such as sunglasses remain discretionary purchases and considered non-essential, with some consumers only purchasing them when they are on promotion.

The Eyewear in South Africa 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: Contact Lenses and Solutions, Spectacles, Sunglasses.

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

Why buy this report?

  • Get a detailed picture of the Eyewear 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

EXECUTIVE SUMMARY
  • Eyewear in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for eyewear?
MARKET DATA
  • Table 1 Sales of Eyewear by Category: Volume 2019-2024
  • Table 2 Sales of Eyewear by Category: Value 2019-2024
  • Table 3 Sales of Eyewear by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Eyewear by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of Eyewear: % Value 2019-2023
  • Table 6 LBN Brand Shares of Eyewear: % Value 2020-2023
  • Table 7 Distribution of Eyewear by Format: % Value 2019-2024
  • Table 8 Forecast Sales of Eyewear by Category: Volume 2024-2029
  • Table 9 Forecast Sales of Eyewear by Category: Value 2024-2029
  • Table 10 Forecast Sales of Eyewear by Category: % Volume Growth 2024-2029
  • Table 11 Forecast Sales of Eyewear by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
CONTACT LENSES AND SOLUTIONS IN SOUTH AFRICAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Contact lenses driven by younger consumers in South Africa
  • Rising expense of contact lenses pressures local consumers
  • Private label offers more affordable contact lenses
PROSPECTS AND OPPORTUNITIES
  • South Africans will continue to purchase contact lenses as a lifestyle choice
  • Consumers increasingly consider LASIK eye surgery
  • Consumers increasingly turn to e-commerce to purchase contact lenses
CATEGORY DATA
  • Table 12 Sales of Contact Lenses by Category: Volume 2019-2024
  • Table 13 Sales of Contact Lenses by Category: Value 2019-2024
  • Table 14 Sales of Contact Lenses by Category: % Volume Growth 2019-2024
  • Table 15 Sales of Contact Lenses by Category: % Value Growth 2019-2024
  • Table 16 Sales of Contact Lens Solutions: Value 2019-2024
  • Table 17 Sales of Contact Lens Solutions: % Value Growth 2019-2024
  • Table 18 Sales of Contact Lenses by Type: % Value 2019-2024
  • Table 19 Sales of Daily Disposable Lenses (DD) by Material: % Value 2019-2024
  • Table 20 Sales of Daily Disposable Lenses (DD) by Condition: % Value 2019-2024
  • Table 21 Sales of Frequent Replacement Lenses (FRP) by Material: % Value 2019-2024
  • Table 22 Sales of Frequent Replacement Lenses (FRP) by Condition: % Value 2019-2024
  • Table 23 NBO Company Shares of Contact Lenses: % Value 2019-2023
  • Table 24 LBN Brand Shares of Contact Lenses: % Value 2020-2023
  • Table 25 Distribution of Contact Lenses by Format: % Value 2019-2024
  • Table 26 Distribution of Contact Lens Solutions by Format: % Value 2019-2024
  • Table 27 Forecast Sales of Contact Lenses by Category: Volume 2024-2029
  • Table 28 Forecast Sales of Contact Lenses by Category: Value 2024-2029
  • Table 29 Forecast Sales of Contact Lenses by Category: % Volume Growth 2024-2029
  • Table 30 Forecast Sales of Contact Lenses by Category: % Value Growth 2024-2029
  • Table 31 Forecast Sales of Contact Lens Solutions: Value 2024-2029
  • Table 32 Forecast Sales of Contact Lens Solutions: % Value Growth 2024-2029
SPECTACLES IN SOUTH AFRICAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Spectacles remain a priority for consumers despite economic hardship
  • Consumers seek more affordable options when purchasing spectacles
  • Increasing number of consumers rely on government initiatives for spectacles
PROSPECTS AND OPPORTUNITIES
  • Outsourcing spectacle frames from China likely to gain greater momentum
  • Specsavers offers children free spectacles
  • Consumers will continue to predominantly buy spectacles from optical goods stores
CATEGORY DATA
  • Table 33 Sales of Spectacles by Category: Volume 2019-2024
  • Table 34 Sales of Spectacles by Category: Value 2019-2024
  • Table 35 Sales of Spectacles by Category: % Volume Growth 2019-2024
  • Table 36 Sales of Spectacles by Category: % Value Growth 2019-2024
  • Table 37 Sales of Spectacle Lenses by Type: % Value 2019-2024
  • Table 38 NBO Company Shares of Spectacles: % Value 2019-2023
  • Table 39 LBN Brand Shares of Spectacles: % Value 2020-2023
  • Table 40 Distribution of Spectacles by Format: % Value 2019-2024
  • Table 41 Forecast Sales of Spectacles by Category: Volume 2024-2029
  • Table 42 Forecast Sales of Spectacles by Category: Value 2024-2029
  • Table 43 Forecast Sales of Spectacles by Category: % Volume Growth 2024-2029
  • Table 44 Forecast Sales of Spectacles by Category: % Value Growth 2024-2029
SUNGLASSES IN SOUTH AFRICAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Most local consumers refrain from purchasing sunglasses in economic climate
  • Luxury sunglasses are only purchased when on promotion
  • Consumers move online to find competitive prices from overseas platforms
PROSPECTS AND OPPORTUNITIES
  • Influx of tourists to South Africa could benefit luxury sunglasses
  • Sunglass Hut expands its reach via Woolworths
  • Bash online offers consumers both mass and luxury sunglasses
CATEGORY DATA
  • Table 45 Sales of Sunglasses: Volume 2019-2024
  • Table 46 Sales of Sunglasses: Value 2019-2024
  • Table 47 Sales of Sunglasses: % Volume Growth 2019-2024
  • Table 48 Sales of Sunglasses: % Value Growth 2019-2024
  • Table 49 NBO Company Shares of Sunglasses: % Value 2019-2023
  • Table 50 LBN Brand Shares of Sunglasses: % Value 2020-2023
  • Table 51 Distribution of Sunglasses by Format: % Value 2019-2024
  • Table 52 Forecast Sales of Sunglasses: Volume 2024-2029
  • Table 53 Forecast Sales of Sunglasses: Value 2024-2029
  • Table 54 Forecast Sales of Sunglasses: % Volume Growth 2024-2029
  • Table 55 Forecast Sales of Sunglasses: % Value Growth 2024-2029