Current value growth in spectacles in Malaysia is being driven by premiumisation trends in 2024. Malaysians are typically brand conscious and show a strong appetite for luxury and premium spectacle frames. The trend is supported by the growing number of premium-positioned optical goods stores, such as Focus Point Signature, and Opulence, for example.
Euromonitor International's Spectacles in Malaysia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), 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 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Spectacles 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.
Spectacles in Malaysia
Euromonitor International
May 2024
List Of Contents And Tables
SPECTACLES IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Premiumisation drives value growth in spectacles with volume growth supported by enduring habits
Myopia control and fast-fashion trends shape development in spectacles
Demand rises for photochromic functionality, while Luxottica maintains overall lead
PROSPECTS AND OPPORTUNITIES
Forecast period set to see rising demand for sophisticated functionality
Optical goods stores will remain dominant distribution channel
Price wars are likely to intensify within spectacles while consumers will seek out lightweight options
CATEGORY DATA
Table 1 Sales of Spectacles by Category: Volume 2019-2024
Table 2 Sales of Spectacles by Category: Value 2019-2024
Table 3 Sales of Spectacles by Category: % Volume Growth 2019-2024
Table 4 Sales of Spectacles by Category: % Value Growth 2019-2024
Table 5 Sales of Spectacle Lenses by Type: % Value 2019-2024
Table 6 NBO Company Shares of Spectacles: % Value 2019-2023
Table 7 LBN Brand Shares of Spectacles: % Value 2020-2023
Table 8 Distribution of Spectacles by Format: % Value 2019-2024
Table 9 Forecast Sales of Spectacles by Category: Volume 2024-2029
Table 10 Forecast Sales of Spectacles by Category: Value 2024-2029
Table 11 Forecast Sales of Spectacles by Category: % Volume Growth 2024-2029
Table 12 Forecast Sales of Spectacles by Category: % Value Growth 2024-2029
EYEWEAR IN MALAYSIA
EXECUTIVE SUMMARY
Eyewear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for eyewear?
MARKET DATA
Table 13 Sales of Eyewear by Category: Volume 2019-2024
Table 14 Sales of Eyewear by Category: Value 2019-2024
Table 15 Sales of Eyewear by Category: % Volume Growth 2019-2024
Table 16 Sales of Eyewear by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Eyewear: % Value 2019-2023
Table 18 LBN Brand Shares of Eyewear: % Value 2020-2023
Table 19 Distribution of Eyewear by Format: % Value 2019-2024
Table 20 Forecast Sales of Eyewear by Category: Volume 2024-2029
Table 21 Forecast Sales of Eyewear by Category: Value 2024-2029
Table 22 Forecast Sales of Eyewear by Category: % Volume Growth 2024-2029
Table 23 Forecast Sales of Eyewear by Category: % Value Growth 2024-2029