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Spectacles in Malaysia

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    Report

  • 19 Pages
  • June 2023
  • Region: Malaysia
  • Euromonitor International
  • ID: 2316061
Consumers in Malaysia got used to wearing spectacles instead of contact lenses during the COVID-19 crisis, when the marked reduction in face-to-face social contact weakened their interest in wearing contact lenses for reasons of appearance and vanity and made them focus more on comfort and convenience. This led to a switch in consumption patterns that has persisted even as the immediate threat from COVID-19 has waned and consumers have returned to more normal lifestyles.

The analyst's Spectacles in Malaysia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2018-2022), 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 2027 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

SPECTACLES IN MALAYSIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Switch in consumption behaviour after pandemic spurs growth in spectacles
  • Eyewear retailers aim to attract sales with affordable spectacle packages offered in stores
  • Luxottica retains lead, but smaller players continue to expand
PROSPECTS AND OPPORTUNITIES
  • Optical retailers expected to continue with intense price wars to fight for market share
  • Changing socio-demographic patterns in Malaysia to lead to the introduction of more innovative spectacle lenses
  • Malaysians show strong preference for durable and lightweight spectacles ranges
CATEGORY DATA
  • Table 1 Sales of Spectacles by Category: Volume 2018-2023
  • Table 2 Sales of Spectacles by Category: Value 2018-2023
  • Table 3 Sales of Spectacles by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Spectacles by Category: % Value Growth 2018-2023
  • Table 5 Sales of Spectacle Lenses by Type: % Value 2018-2023
  • Table 6 NBO Company Shares of Spectacles: % Value 2018-2022
  • Table 7 LBN Brand Shares of Spectacles: % Value 2019-2022
  • Table 8 Distribution of Spectacles by Format: % Value 2018-2023
  • Table 9 Forecast Sales of Spectacles by Category: Volume 2023-2028
  • Table 10 Forecast Sales of Spectacles by Category: Value 2023-2028
  • Table 11 Forecast Sales of Spectacles by Category: % Volume Growth 2023-2028
  • Table 12 Forecast Sales of Spectacles by Category: % Value Growth 2023-2028
EYEWEAR IN MALAYSIA
EXECUTIVE SUMMARY
  • Eyewear in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for eyewear?
MARKET DATA
  • Table 13 Sales of Eyewear by Category: Volume 2018-2023
  • Table 14 Sales of Eyewear by Category: Value 2018-2023
  • Table 15 Sales of Eyewear by Category: % Volume Growth 2018-2023
  • Table 16 Sales of Eyewear by Category: % Value Growth 2018-2023
  • Table 17 NBO Company Shares of Eyewear: % Value 2018-2022
  • Table 18 LBN Brand Shares of Eyewear: % Value 2019-2022
  • Table 19 Distribution of Eyewear by Format: % Value 2018-2023
  • Table 20 Forecast Sales of Eyewear by Category: Volume 2023-2028
  • Table 21 Forecast Sales of Eyewear by Category: Value 2023-2028
  • Table 22 Forecast Sales of Eyewear by Category: % Volume Growth 2023-2028
  • Table 23 Forecast Sales of Eyewear by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources