Eyewear in Singapore

Eyewear in Singapore


Demand for eyewear in Singapore is recovering well, with retail volume sales expected to surpass pre-pandemic levels in 2024 after the significant decline witnessed in 2020. Both current value and retail volume sales of spectacles recovered in early 2023 to pre-pandemic levels, while demand for contact lenses and solutions as well as sunglasses is expected to take longer to bounce back. The easing of restrictions and greater return to normality is influencing overall consumer demand and increasi...

Euromonitor International's Eyewear in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2018-2022), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: Contact Lenses and Solutions, Spectacles, Sunglasses.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report??
* Get a detailed picture of the Eyewear market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.


Eyewear in Singapore
Euromonitor International
May 2023
List Of Contents And Tables
EYEWEAR IN SINGAPORE
EXECUTIVE SUMMARY
Eyewear in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for eyewear?
MARKET DATA
Table 1 Sales of Eyewear by Category: Volume 2018-2023
Table 2 Sales of Eyewear by Category: Value 2018-2023
Table 3 Sales of Eyewear by Category: % Volume Growth 2018-2023
Table 4 Sales of Eyewear by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Eyewear: % Value 2018-2022
Table 6 LBN Brand Shares of Eyewear: % Value 2019-2022
Table 7 Distribution of Eyewear by Format: % Value 2018-2023
Table 8 Forecast Sales of Eyewear by Category: Volume 2023-2028
Table 9 Forecast Sales of Eyewear by Category: Value 2023-2028
Table 10 Forecast Sales of Eyewear by Category: % Volume Growth 2023-2028
Table 11 Forecast Sales of Eyewear by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
CONTACT LENSES AND SOLUTIONS IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
Value sales surpass pre-pandemic levels as restrictions ease and consumers resume travel plans
Daily disposable lenses (DD) remains key contributor to growth
Cosmetic lenses remain popular in Singapore
PROSPECTS AND OPPORTUNITIES
E-commerce expected to gain share from other distribution channels
Players address sustainability concerns
Popularity of Ortho-K lenses increases in Singapore
CATEGORY DATA
Table 12 Sales of Contact Lenses by Category: Volume 2018-2023
Table 13 Sales of Contact Lenses by Category: Value 2018-2023
Table 14 Sales of Contact Lenses by Category: % Volume Growth 2018-2023
Table 15 Sales of Contact Lenses by Category: % Value Growth 2018-2023
Table 16 Sales of Contact Lens Solutions: Value 2018-2023
Table 17 Sales of Contact Lens Solutions: % Value Growth 2018-2023
Table 18 Sales of Contact Lenses by Type: % Value 2018-2023
Table 19 Sales of Daily Disposable Lenses (DD) by Material: % Value 2018-2023
Table 20 Sales of Daily Disposable Lenses (DD) by Condition: % Value 2018-2023
Table 21 Sales of Frequent Replacement Lenses (FRP) by Material: % Value 2018-2023
Table 22 Sales of Frequent Replacement Lenses (FRP) by Condition: % Value 2018-2023
Table 23 NBO Company Shares of Contact Lenses: % Value 2018-2022
Table 24 LBN Brand Shares of Contact Lenses: % Value 2019-2022
Table 25 Distribution of Contact Lenses by Format: % Value 2018-2023
Table 26 Distribution of Contact Lens Solutions by Format: % Value 2018-2023
Table 27 Forecast Sales of Contact Lenses by Category: Volume 2023-2028
Table 28 Forecast Sales of Contact Lenses by Category: Value 2023-2028
Table 29 Forecast Sales of Contact Lenses by Category: % Volume Growth 2023-2028
Table 30 Forecast Sales of Contact Lenses by Category: % Value Growth 2023-2028
Table 31 Forecast Sales of Contact Lens Solutions: Value 2023-2028
Table 32 Forecast Sales of Contact Lens Solutions: % Value Growth 2023-2028
SPECTACLES IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
Demand recovers in 2023 as consumers return to pre-pandemic lives
Increasing investments in technology
Demand for readymade reading glasses continues to grow in line with ageing population
PROSPECTS AND OPPORTUNITIES
An omnichannel approach to sales is required to remain relevant
Mergers and acquisitions to become increasingly common
Local retailers and brands continue to grow in popularity
CATEGORY DATA
Table 33 Sales of Spectacles by Category: Volume 2018-2023
Table 34 Sales of Spectacles by Category: Value 2018-2023
Table 35 Sales of Spectacles by Category: % Volume Growth 2018-2023
Table 36 Sales of Spectacles by Category: % Value Growth 2018-2023
Table 37 Sales of Spectacle Lenses by Type: % Value 2018-2023
Table 38 NBO Company Shares of Spectacles: % Value 2018-2022
Table 39 LBN Brand Shares of Spectacles: % Value 2019-2022
Table 40 Distribution of Spectacles by Format: % Value 2018-2023
Table 41 Forecast Sales of Spectacles by Category: Volume 2023-2028
Table 42 Forecast Sales of Spectacles by Category: Value 2023-2028
Table 43 Forecast Sales of Spectacles by Category: % Volume Growth 2023-2028
Table 44 Forecast Sales of Spectacles by Category: % Value Growth 2023-2028
SUNGLASSES IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
Demand for sunglasses continues to improve following pandemic decline
Travel resurgence helps drive demand for sunglasses in Singapore
Omnichannel strategy can be successful for players in the local market
PROSPECTS AND OPPORTUNITIES
Sunglasses likely to remain fairly consolidated competitive environment
Sustainability to become a more dynamic trend in sunglasses
CATEGORY DATA
Table 45 Sales of Sunglasses: Volume 2018-2023
Table 46 Sales of Sunglasses: Value 2018-2023
Table 47 Sales of Sunglasses: % Volume Growth 2018-2023
Table 48 Sales of Sunglasses: % Value Growth 2018-2023
Table 49 NBO Company Shares of Sunglasses: % Value 2018-2022
Table 50 LBN Brand Shares of Sunglasses: % Value 2019-2022
Table 51 Distribution of Sunglasses by Format: % Value 2018-2023
Table 52 Forecast Sales of Sunglasses: Volume 2023-2028
Table 53 Forecast Sales of Sunglasses: Value 2023-2028
Table 54 Forecast Sales of Sunglasses: % Volume Growth 2023-2028
Table 55 Forecast Sales of Sunglasses: % Value Growth 2023-2028

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