Category: Accessories
Accessories market research reports by Euromonitor International
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Italy Sunglasses
Sunglasses in Italy Sunglasses is set to see slight current value growth in Italy in 2024. After two years of double-digit growth in both value and volume terms, sunglasses sales, since 2023, have returned to their historical sluggish growth pattern represented by limited to flat growth in value and ... Read More
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The United Arab Emirates Sunglasses
Sunglasses in the United Arab Emirates In 2024, travellers from China have fully resumed their activities due to the easing of restrictions in the country, including a return to the United Arab Emirates. This is helping to boost demand for luxury sunglasses in the United Arab Emirates, as this segme ... Read More
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Australia Spectacles
Spectacles in Australia Demand for spectacles in Australia continues to grow across the category, although spectacle frames and spectacle lenses are outperforming readymade reading glasses. Offering different frames at various pricing levels is essential to capturing wider demand. Diversification sh ... Read More
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The United Arab Emirates Eyewear
Eyewear in the United Arab Emirates In 2024, eyewear in the United Arab Emirates is experiencing marginal volume growth but solid value growth. This indicates a further rise in average unit prices across the industry and an increase in premiumisation. The surge in spending in premium segments is bei ... Read More
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South Africa Sunglasses
Sunglasses in South Africa Demand for sunglasses in South Africa was already declining prior to the pandemic. Following the steep drop in volume sales in 2020 due to lockdowns and lack of mobility, demand continues to gradually fall as South Africa’s economy struggles, forcing many consumers to prio ... Read More
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South Africa Eyewear
Eyewear in South Africa Demand for eyewear in South Africa continues to rise, despite the rising cost of living. Many local consumers are struggling financially and are prioritising certain goods over others. Additionally, South Africans are becoming more strategic in terms of how they are spending ... Read More
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South Korea Eyewear
Eyewear in South Korea In 2024, overall eyewear in South Korea is set to see current value growth. The prevalence of vision impairments is on the rise in Korea, with an increasing number of people affected by presbyopia, myopia, and hyperopia. The overall increase in vision problems is driven by the ... Read More
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Taiwan Eyewear
Eyewear in Taiwan Eyewear in Taiwan is experiencing strong growth in retail volume and current value terms, driven by rising demand, innovative product development and dynamism in the retail landscape. In contact lenses, players are prioritising innovation to enhance comfort and loyalty for the end ... Read More
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Romania Sunglasses
Sunglasses in Romania With high inflation weakening purchasing power among the population, volume growth for sunglasses in Romania in 2024 looks set to be slower than in 2023. The category continues to perform reasonably well overall in this regard, however, in part because rising health awareness i ... Read More
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Romania Spectacles
Spectacles in Romania Spectacles in Romania is set to see total volume sales contract for a third consecutive year in 2024, with the rate of decline expected to be slightly steeper than in 2023. Overall demand continues to be depressed by high inflation, in that rising prices and the erosion of purc ... Read More
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South Korea Spectacles
Spectacles in South Korea Spectacles in South Korea saw only slow current value growth in 2023, and this trend is anticipated to continue into 2024, with the expectation of a further slowdown in year-on-year growth. However, within spectacles, the three categories – readymade reading glasses, specta ... Read More
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Romania Eyewear
Eyewear in Romania Although eyewear in Romania is set to expand in total volume and current value sales terms in 2024, growth rates are expected to be weaker than those recorded in 2023. The downturn is mainly explained by stubbornly high inflation, which continues to drive up unit prices and erode ... Read More
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Taiwan Spectacles
Spectacles in Taiwan Spectacles in Taiwan continues to witness strong growth in retail volume and current value terms over 2024, primarily driven by the increasing prevalence of myopia among the population, which is increasing annually. Not only are myopia rates rising across all age groups, but the ... Read More
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Taiwan Sunglasses
Sunglasses in Taiwan Sunglasses in Taiwan is witnessing double-digit growth in 2024, as sunglasses are not only considered fashion accessories but are also practical and functional. Consumer awareness of the detrimental effects of sunlight on eye health is widespread in Taiwan. As a result, sales of ... Read More
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South Korea Sunglasses
Sunglasses in South Korea In 2023, sales of sunglasses in South Korea soared in current value terms, seeing a double-digit increase, reflecting a significant upward trend that is expected to accelerate in 2024. This impressive growth can be attributed to a variety of factors, chief amongst them bein ... Read More
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India Eyewear
Eyewear in India Eyewear in India is set to demonstrate double-digit current value growth in 2024, owing to the strong traction for categories such as daily disposable contact lenses and sunglasses. Notably, consumer perceptions regarding eyewear have undergone a significant transformation, evolving ... Read More
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India Spectacles
Spectacles in India Following its recovery from the impact of the pandemic in 2022, spectacles in India experienced robust double-digit current value growth the subsequent year. However, the pace of growth is set to moderate in 2024, reflecting a mature environment with sustained but slower growth. ... Read More
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Hong Kong, China Sunglasses
Sunglasses in Hong Kong, China Due to the return of post-pandemic socialising and outdoor activities, volume sales of sunglasses in Hong Kong continue to rise. The increasing awareness of eye health makes consumers more aware of the importance of wearing sunglasses while outdoors. In addition, consu ... Read More
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India Sunglasses
Sunglasses in India Sunglasses in India is set to witness a significant surge in current value sales in 2024, primarily fuelled by the increasing number of outdoor events and the increase in travel, as well as the growing popularity of sunglasses for fashion reasons. The strong growth trajectory of ... Read More
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Hong Kong, China Eyewear
Eyewear in Hong Kong, China Eyewear in Hong Kong continues to enjoy growing momentum post-pandemic, driven by greater mobility and the return to various activities, including travel. After the adverse impact of the pandemic, eyewear’s value and volume sales in Hong Kong had fully recovered to 2019 l ... Read More
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Hong Kong, China Spectacles
Spectacles in Hong Kong, China Volume growth of spectacles in Hong Kong is gradually slowing. Since the reopening of the border between mainland China and Hong Kong at the beginning of 2023, a shifting consumer trend called “reverse shopping” has gained momentum among local residents. Reverse shoppi ... Read More
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Singapore Sunglasses
Sunglasses in Singapore After a year of exceptional double-digit volume and current value growth in 2023, sunglasses in Singapore is set to see notable declines by both measures in 2024, given the replacement rate of sunglasses. With such high demand in 2023, most people who had purchased a new pair ... Read More
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The Netherlands Sunglasse
Sunglasses in the Netherlands The sales of sunglasses in the Netherlands continue to thrive, benefiting from their positioning not only as essential protective accessories but also as fashion complements. With a heightened awareness of the dangers of UV light and an increasing inclination towards ho ... Read More
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Competitor Strategies in Personal Accessories
Competitor Strategies in Personal Accessories The pandemic catalyses industry consolidation, increasing the top 10 players' share. Luxury brands thrive initially, but a sector slowdown opens doors for non-luxury players. Asia Pacific garners attention, with regional giants gaining global traction. B ... Read More
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Personal Accessories in Hong Kong, China
Personal Accessories in Hong Kong, China In 2023, the revival of tourism and increased foot traffic among local consumers played a pivotal role in the rebound of personal accessories in Hong Kong. High-end products experienced a noteworthy resurgence, driven by the resilient spending power of the af ... Read More
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