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Morocco Eyewear Market (2022-2028) | Size, Trends, Growth, Revenue, Analysis, Forecast, Value, Industry, Outlook & COVID-19 IMPACT: Market Forecast By Product Type, By Distribution Channel, By End Users and Competitive Landscape

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    Report

  • 68 Pages
  • September 2022
  • Region: Morocco
  • 6W Research
  • ID: 5745237

The Morocco Eyewear market report thoroughly covers the market by products, types, distribution channels, and regions. Morocco Eyewear market report provides an unbiased and detailed analysis of the on-going Morocco Eyewear market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Morocco Eyewear Market Synopsis

Morocco's eyewear market witnessed moderate growth during the previous years due to rising income and urbanization which led to increased spending on eyewear products. Furthermore, rising concerns regarding vision care coupled with increased brand consciousness and preference for fashion products amongst consumers are some of the factors driving the growth of the Morocco eyewear market. Additionally, the COVID-19 pandemic led lockdown in 2020 resulting in subdued demand and supply chain disruption, thereby, leading to a decline in market growth. However, recovery is expected in the market owing to an increase in digitalization prompting increased usage of electronic devices, thus, fostering the demand for anti-glare eyewear products for eye protection as well as spectacles for vision correction.

According to the analyst, the Morocco Eyewear Market is projected to grow at a CAGR of 6.6% during 2022-2028F. The primary reason for the growth in the Morocco eyewear industry can be attributed to a higher proportion of young and middle-aged people in the overall population, along with rising screen time of both the working population and children. Additionally, with rapid urbanization and increasing internet penetration, there has been an increase in online shopping and online gaming along with online studying and new work from culture, leading to eye strains because of increased exposure to blue light, which would further increase the need for protective glasses and spectacles in the coming years.

Market by Types

Spectacles dominated the Morocco eyewear market being a necessity product used to correct refractive error and protect eyesight from degrading. Owing to improvements in lifestyle and income, the sunglasses segment is also expected to witness growth in the coming years.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • Historical Data Starting from 2018 to 2028.
  • Base Year: 2021
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.

Key Highlights of the Report

  • Morocco Eyewear Market Overview
  • Morocco Eyewear Market Outlook
  • Morocco Eyewear Market Forecast
  • Historical Data and Forecast of Morocco Eyewear Market Revenues, for the Period 2018-2028F
  • Historical Data and Forecast of Morocco Eyewear Market Revenues, By  Types , for the Period 2018-2028F
  • Historical Data and Forecast of Morocco Eyewear Market Revenues, By End Users, for the Period 2018-2028F
  • Historical Data and Forecast of Morocco Eyewear Market Revenues, By Distribution Channels, for the Period 2018-2028F
  • Morocco Eyewear Market Revenue Share, By Market Players
  • Market Drivers and Restraints
  • Market Trends
  • Key Performance Indicators
  • Competitive Benchmarking

Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • Sunglasses 
  • Spectacles 
  • Contact Lenses
  • Others

By End users

  • Men
  • Women
  • Unisex

By Distribution channel

  • Online
  • Offline

Table of Contents

1. Executive Summary

2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions

3. Morocco Eyewear Market Overview
3.1. Morocco Eyewear Market Revenues, 2018-2028F
3.2. Morocco Eyewear Market Industry Life Cycle
3.3. Morocco Eyewear Market Porter's Five Forces

4. Impact Analysis of Covid-19 on Morocco Eyewear Market

5. Morocco Eyewear Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints

6. Morocco Eyewear Market Trends

7. Morocco Eyewear  Market Overview, By Types
7.1. Morocco Eyewear Market Revenue Share & Revenues, By Sunglasses
7.2. Morocco Eyewear Market Revenue Share & Revenues, By Spectacles
7.3. Morocco Eyewear Market Revenue Share & Revenues, By Contact Lenses
7.4. Morocco Eyewear Market Revenue Share & Revenues, By Others ( Safety and Sports glass)

8. Morocco Eyewear  Market Overview, By End Users
8.1. Morocco Eyewear Market Revenue Share & Revenues, By Women
8.2. Morocco Eyewear Market Revenue Share & Revenues, By Men
8.3. Morocco Eyewear Market Revenue Share & Revenues, By Unisex

9. Morocco Eyewear Market Overview, By Distribution Channel
9.1. Morocco Eyewear Market Revenue Share & Revenues, By Online 
9.2. Morocco Eyewear Market Revenue Share & Revenues, By Offline 

10.  Morocco Eyewear Market Key Performance Indicators

11.  Morocco Eyewear  Market Opportunity Assessment
11.1  Morocco Eyewear Market Opportunity Assessment, By Types, 2028F
11.2  Morocco Eyewear Market Opportunity Assessment, By End Users, 2028F
11.3  Morocco Eyewear Market Opportunity Assessment, By Distributional Channel, 2028F

12. Morocco Eyewear Market - Competitive Landscape
12.1 Morocco Eyewear Market Revenue Share, By Companies 
12.2 Morocco Eyewear Market Competitive Benchmarking, By Technical Parameter
12.3 Morocco Eyewear Market Competitive Benchmarking, By Operating Parameter

13. Company Profiles
13.1 Luxottica Group S.p.A
13.2 LVMH 
13.3 CooperVision
13.4 Johnson & johnson vision care inc. 
13.5 Bausch & Lomb 
13.6 Zeiss International
13.7 Cartier 
13.8 Kering group
13.9 UN!AC AABOUD NEGOCE SARL 
13.10 Azonal

14. Key Strategic Recommendations

15. Disclaimer

List of Figures
1: Morocco Eyewear Market Revenues, 2018-2028F ($ Million)
2: Population Distribution in Morocco, By Age, 2022E
3: Most Used Social Media Platform, ( in %), 2021
4: Percentage of Population living in Urban Area, 2017-2020 (%)
5: Morocco GDP Per Capita, 2018 - 2021, (USD)
6: Morocco Eyewear imports from China,  2019 - 2021, Million USD
7: Morocco Eyewear Market Revenue Share, By Types, 2021 & 2028F
8: Morocco Eyewear Market Revenue Share, By End Users, 2021 & 2028F
9: Morocco Eyewear Market Revenue Share, By Distribution Channel, 2021 & 2028F
10: Number of Internet Users, 2019 - 2022E, (Million)
11: Number of Ophthalmologists in Morocco, 2012 -2020  
12: Morocco Eyewear Market Opportunity Assessment, By Types, 2028F
13: Morocco Eyewear Market Opportunity Assessment, By End Users, 2028F
14: Morocco Eyewear Market Opportunity Assessment, By End Distribution Channels, 2028F
15: Morocco Sunglasses Eyewear Market Revenue Ranking, By Companies, 2021
16: Morocco Spectacles & Contact lenses Eyewear Market Revenue Ranking, By Companies, 2021

List of Tables
1: Morocco Eyewear Market Revenues, By Types, 2018-2028F ($ Million)
2: Morocco Eyewear Market Revenues, By End Users, 2018-2028F ($ Million)
3: Morocco Eyewear Market Revenues, By Distribution Channel, 2018-2028F ($ Million)
4: Number of Primary Health Care Establishments in Morocco Regions, 2020

Companies Mentioned

  • Azonal
  • Bausch & Lomb 
  • Cartier 
  • CooperVision
  • Johnson & johnson vision care inc. 
  • Kering group
  • LVMH 
  • UN!AC AABOUD NEGOCE SARL 
  • Zeiss International
  •  Luxottica Group S.p.A