The latest insights and analysis about the international eyewear market including market sizes, growth, drivers and trends on a country, regional and global level.
Latest Data & Analysis
- News briefs
US optical market Q3 data confirms consumers preference for budget-friendly options
Sales of prescription products and reading glasses in the US increased in volume from Q2 to Q3 2024, but they slightly declined in value according to the latest iteration of The Vision Council’s Market Insights report. This confirms that American consumers are increasingly opting for budget-friendly options according to the ...
- Article
Japan optical retail market value inch up on cautious price hikes
The IOFT eyewear trade show, which took place in Tokyo from Oct. 15 to 17, was the opportunity for us to assess the dynamics of the Japanese eyewear market, in collaboration with Gankyo Publishing, a local B2B eyewear publisher and research company.
- Article
US consumers increasingly opt for budget eyewear in stores, survey finds
Commenting the results of its most recent quarterly survey, The Vision Council, the US eyewear industry association, stressed that in-store customers were increasingly opting for spending less than $100 out-of-pocket for their eyewear purchase, confirming the shift away from luxury eyewear that has been the trend in the country in ...
- Article
Industry stocks inched up in Q3, driven by contact lens companies
The share price of stock-listed eyewear companies increased by 1.5 percent in the three-month period ended Sept. 30, underperforming the MSCI World Index which includes 1,500 companies worldwide across different sectors and grew by 6.7 percent. As usual, however, our quarterly eyewear industry-specific average is calculated on a non-weighted average ...
- News briefs
Optical retail sales up 2.4% in the last year in France, research shows
Sales of French optical retailers were up by 2.4 percent year-on-year for the twelve-month period to endING in August 2024, according to a new report released by Xerfi, a research company, and the Rassemblement des Opticiens de France (ROF), the association of French opticians. Published regularly, the research is based ...
- News briefs
Sales of prescription products decline sequentially in the US in Q2
Q2 sales of prescription products in the US were down both in volume and value versus the previous quarter, while the market for sunglasses and readers went up, the Vision Council said. These trends followed the results of its quarterly Market inSights report, which is based on transaction data. However, ...
Industry stocks inched up in Q3, driven by contact lens companies
The share price of stock-listed eyewear companies increased by 1.5 percent in the three-month period ended Sept. 30, underperforming the MSCI World Index which includes 1,500 companies worldwide across different sectors and grew by 6.7 percent. As usual, however, our quarterly eyewear industry-specific average is calculated on a non-weighted average ...
Italian eyewear exports fall in Q2, sector’s full year showing seen in line with 2023
Exports for the half year inched down by 0.3 percent, dragged down by a double-digit drop in the America region.
The Vision Council reports on ‘Made in the USA’
What the label means and what the public thinks are separate things.
The Vision Council reviews Q2 in the US
The Vision Council has released its Consumer inSights report on the US market for Q2 2024.
Spanish optical market up by 6.0 percent in 2023
The Spanish optical market value grew by 6.0 percent year-on-year in 2023 according to the “Libro Blanco de la Visión”, the annual report by FEDAO, the national federation of optical associations. Accelerating slightly from the previous year (+4.4 percent versus 2021), the Spanish market ended 2023 with a value of ...
Assistance, design key drivers in eyewear purchases
Both the assistance provided to customers and eyewear design are key drivers when choosing to buy a pair of eyeglasses and sunglasses, according to a survey conducted by the Italian market research group Yoodata among eyewear purchasers in Italy, France, Spain, Germany, the UK, the US and China.
Driven by lenses, Spanish optical market tops pre-COVID level in 2022
The Spanish optical market grew by 4.4 percent year-on-year to €1.,918 million including VAT in 2022 according to a new report presented yesterday in an online meeting by the Federación Espaňola de Asociasones del Sector Óptico (FEDAO). Adding up to the 20.4 percent rebound reported a year ago for 2021, ...
American eyecare providers expect good things from 2023
In its report for the first quarter of 2023 The Vision Council finds that optimism reigns among eyecare providers in the U.S. – despite what the Council’s senior director of market research and analytics, Alysse Henkel, calls “acute pressures” from price inflation and a tight labor market.