Nordic Eyewear and Optical Retail Market – Analysis By Country (Sweden, Denmark, Norway, Finland) Product Type, End-Use, Age Group (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)
Executive Summary
The Nordic Eyewear and Optical Retail Market is projected to display significant growth represented by a CAGR of 3.9% during 2022–2027. The Nordic Eyewear and Optical Retail Market was valued at USD 2635.68 Million in the year 2027 with Sweden leading the regional market share.
The spread of the COVID-19 pandemic has led to lockdowns worldwide which affected various industries worldwide and the eyewear & Optical retail market is not an exception. COVID-19 has had an intense impact on the industry of eyewear and optical. All stages of the value chain including manufacturing and distribution got disrupted due to the pandemic. Other than negative effects there were some positive effects of COVID-19 also as it unveiled inefficiencies in industry and became a reason for the rapid growth of e-commerce capabilities of eyewear and optical market in the Nordic region.
The increasing demand for eyewear and optical products among youngsters is propelled by increasing digital screen use which affects their eyes severely and forced them to have prescribed spectacles at a very young age. The increasing number of cases of myopia in the region is also a by-product of the extensive use of digital screens which is itself a growth factor in the eyewear market.
Scope of the Report
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