Online Glasses & Contact Lens Retailing in the UK - Industry Research Report

Bad sight: Industry revenue is forecast to fall as tightening purse strings aggravate competitive pressures

The Online Glasses and Contact Lens Retailing industry has gone from strength to strength. A relaxed regulatory environment enabled a flurry of entrants into the online market. Online eyewear sales have expanded rapidly despite intense external competition from well-established high-street opticians and supermarkets. Online eyewear revenue is expected to climb at a compound annual rate of 2.8% to £319.1 million through the end of 2022-23.

Companies in this industry sell optical and eyewear goods over the internet. Merchandise is generally purchased from manufacturers and wholesalers and is sold to the public. The industry excludes the sale of normal sunglasses, but prescription sunglasses are included. The industry only covers firms that retail exclusively online.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.