VLEG/GBD data shows that about 95 million people in Southeast Asia will suffer from visual impairment in 2020, and vision problems have led to a significant increase in demand for functional eyewear in Southeast Asia, with the Southeast Asian eyewear market generating revenues of about US$3 billion in 2021. Taking Singapore as an example, Singapore has one of the highest myopia rates in the world, with over 70% of young students being nearsighted, and about 38.8 million eyewear products are expected to flood into the Singapore market by 2025.
With the economic development of Southeast Asian countries and the improvement of living standards of residents, the demand for accessory eyewear is gradually growing.
Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.
According to the publisher, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels of each country also vary greatly. Brunei, which has the smallest population, will have a total population of less than 500,000 people in 2021, while Indonesia, which has the largest population, will have a population of about 275 million people in 2021.
The publisher expects the eyewear industry in Southeast Asia to maintain growth from 2023-2032. On the one hand, the low cost of labor and land in Southeast Asia attracts global eyewear manufacturers to shift their production capacity to the region. On the other hand, with the population growth and economic development in Southeast Asia, the size of Southeast Asian eyewear market will continue to rise, promoting the development of Southeast Asian eyewear industry.
With the economic development of Southeast Asian countries and the improvement of living standards of residents, the demand for accessory eyewear is gradually growing.
Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.
According to the publisher, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels of each country also vary greatly. Brunei, which has the smallest population, will have a total population of less than 500,000 people in 2021, while Indonesia, which has the largest population, will have a population of about 275 million people in 2021.
The publisher expects the eyewear industry in Southeast Asia to maintain growth from 2023-2032. On the one hand, the low cost of labor and land in Southeast Asia attracts global eyewear manufacturers to shift their production capacity to the region. On the other hand, with the population growth and economic development in Southeast Asia, the size of Southeast Asian eyewear market will continue to rise, promoting the development of Southeast Asian eyewear industry.
Topics covered:
- Southeast Asia Eyewear Industry Status and Major Sources in 2018-2022
- What is the Impact of COVID-19 on Southeast Asia Eyewear Industry?
- Which Companies are the Major Players in Southeast Asia Eyewear Industry Market and What are their Competitive Benchmarks?
- Key Drivers and Market Opportunities in Southeast Asia Eyewear Industry
- What are the Key Drivers, Challenges, and Opportunities for Southeast Asia Eyewear Industry during 2023-2032?
- What is the Expected Revenue of Southeast Asia Eyewear Industry during 2023-2032?
- What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
- What are the Competitive Advantages of the Major Players in Southeast Asia Eyewear Industry Market?
- Which Segment of Southeast Asia Eyewear Industry is Expected to Dominate the Market in 2032?
- What are the Major Adverse Factors Facing Southeast Asia Eyewear Industry?
Table of Contents
1 Analysis of the Eyewear Industry in Singapore1.1 Singapore's Eyewear Industry Development Environment
1.1.1 Geography
1.1.2 Population
1.1.3 Economy
1.1.4 Minimum Wage in Singapore
1.2 Singapore Eyewear Industry Operation Status 2018-2022
1.2.1 Production Status of Singapore Eyewear Industry
1.2.2 Singapore Eyewear Industry Sales Status
1.2.3 Singapore Eyewear Industry Import and Export Status
1.3 Analysis of Major Eyewear Production and Trading Companies in Singapore
2 Thailand Eyewear Industry Analysis
2.1 Development Environment of Thailand Eyeglasses Industry
2.1.1 Geography
2.1.2 Population
2.1.3 Economy
2.1.4 Minimum Wage in Thailand
2.2 Thailand Eyewear Industry Operation Status 2018-2022
2.2.1 Thailand Eyewear Industry Production Status
2.2.2 Thailand Eyewear Industry Sales Status
2.2.3 Thailand Eyewear Industry Import and Export Status
2.3 Major Eyewear Production and Trading Companies in Thailand
3 Analysis of the Philippine Eyewear Industry
3.1 Development Environment of Philippine Eyeglasses Industry
3.1.1 Geography
3.1.2 Population
3.1.3 Economy
3.1.4 Minimum Wage in the Philippines
3.2 Philippine Eyewear Industry Operation Status 2018-2022
3.2.1 Production Status of Eyewear Industry in the Philippines
3.2.2 Sales Status of Philippines Optical Industry
3.2.3 Philippine Eyeglasses Industry Import and Export Status
3.3 Major Eyewear Manufacturing and Trading Companies in Philippines
4 Malaysia Eyewear Industry Analysis
4.1 Malaysia Eyewear Industry Development Environment
4.1.1 Geography
4.1.2 Population
4.1.3 Economy
4.1.4 Minimum Wage in Malaysia
4.2 Malaysia Eyewear Industry Operation Status 2018-2022
4.2.1 Malaysia Eyewear Industry Production Status
4.2.2 Malaysia Eyewear Industry Sales Status
4.2.3 Malaysia Eyewear Industry Import and Export Status
4.3 Major Eyewear Production and Trading Companies in Malaysia
5 Indonesia Eyewear Industry Analysis
5.1 Development Environment of Indonesia Eyeglasses Industry
5.1.1 Geography
5.1.2 Population
5.1.3 Economy
5.1.4 Minimum Wage in Indonesia
5.2 Indonesia Eyewear Industry Operation Status 2018-2022
5.2.1 Indonesia Eyewear Industry Production Status
5.2.2 Indonesia Eyewear Industry Sales Status
5.2.3 Indonesia Eyewear Industry Import and Export Status
5.3 Major Eyewear Production and Trading Companies in Indonesia
6 Vietnam Eyewear Industry Analysis
6.1 Development Environment of Vietnam's Eyewear Industry
6.1.1 Geography
6.1.2 Population
6.1.3 Economy
6.1.4 Minimum Wage in Vietnam
6.2 Operation of the Eyewear Industry in Vietnam 2018-2022
6.2.1 Production Status of Vietnam Eyewear Industry
6.2.2 Sales Status of Vietnam Eyewear Industry
6.2.3 Import and Export Status of Vietnam Eyewear Industry
6.3 Major Eyewear Production and Trading Enterprises in Vietnam
7 Myanmar Eyewear Industry Analysis
7.1 Development Environment of Myanmar Eyeglasses Industry
7.1.1 Geography
7.1.2 Population
7.1.3 Economy
7.1.4 Myanmar Minimum Wage
7.2 Myanmar Eyewear Industry Operation Status 2018-2022
7.2.1 Myanmar Eyewear Industry Production Status
7.2.2 Myanmar Eyewear Industry Sales Status
7.2.3 Myanmar Eyewear Industry Import and Export Status
7.3 Myanmar Major Eyewear Production and Trading Companies
8 Analysis of Brunei's Eyewear Industry
8.1 Development Environment of Brunei Optical Industry
8.1.1 Geography
8.1.2 Population
8.1.3 Economy
8.1.4 Brunei Minimum Wage
8.2 Brunei Eyewear Industry Operation 2018-2022
8.2.1 Brunei Eyewear Industry Production Status
8.2.2 Brunei Eyewear Industry Sales Status
8.2.3 Brunei Eyewear Industry Import and Export Status
8.3 Brunei's Major Eyewear Production and Trading Enterprises
9 Laos Eyewear Industry Analysis
9.1 Development Environment of Laos Eyewear Industry
9.1.1 Geography
9.1.2 Population
9.1.3 Economy
9.1.4 Minimum Wage in Laos
9.2 Operating Conditions of the Eyewear Industry in Laos 2018-2022
9.2.1 Production Status of the Eyewear Industry in Laos
9.2.2 Laos Eyewear Industry Sales Status
9.2.3 Import and Export Status of Laos Eyewear Industry
9.3 Major Eyewear Production and Trading Enterprises in Laos
10 Cambodia Eyewear Industry Analysis
10.1 Development Environment of Cambodian Eyewear Industry
10.1.1 Geography
10.1.2 Population
10.1.3 Economy
10.1.4 Minimum Wage in Cambodia
10.2 2018-2022 Cambodia Eyewear Industry Operation Situation
10.2.1 Production Status of Cambodian Eyewear Industry
10.2.2 Cambodia Eyewear Industry Sales Status
10.2.3 Cambodia Eyewear Industry Import and Export Status
10.3 Cambodia's Major Eyewear Production and Trading Companies
11 2023-2032 Southeast Asia Eyewear Industry Outlook
11.1 Analysis of Factors Affecting the Development of Southeast Asia Eyewear Industry
11.1.1 Favorable Factors
11.1.2 Unfavorable Factors
11.2 Southeast Asia Eyewear Industry Supply Forecast 2023-2032
11.3 Southeast Asia Eyewear Industry Manufacturing Market Demand Forecast 2023-2032
11.4 Impact of COVID -19 Epidemic on Eyewear Industry
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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