GURUGRAM, India, October 26, 2017 /PRNewswire/ --
Singapore eyewear market by spectacles and contact lenses, by Type of Contact Lenses (Clear Spherical and Clear Toric), by Frames and Glasses-Spectacles, by Sunglasses and Eyeglasses, by Distribution Channels (Optical Stores, Department Stores, Internet Retailing, Chemist & Pharmacies, Apparel and Footwear Specialist Retailers), by Import Value and Export Value (contact lenses, Spectacle Lenses of Glass, Spectacle Lenses of Material Other than Glass, Frames and Mountings for Spectacles, Goggles), by market share of major companies (Luxottica Group SpA , Johnson & Johnson Vision, Essilor International SA, Safilo Group SpA, Owndays Co. Ltd, Novartis AG, Carl Zeiss AG, The Cooper Cos Inc., Hoya Corp, Valeant Pharmaceuticals International Inc., De Rigo SpA, Coach Inc, Bausch & Lomb Inc), by major opticians in Singapore (C.E.D.S, Paris Miki, Capitol Optical, Alexis Eyewear Boutique, Chai Ming Optical)
(Logo: http://photos.prnewswire.com/prnh/20130909/638322 )
In addition, Singapore eyewear market is all set to benefit from a huge merger in the coming years. Luxottica, the world's top spectacles maker and leading lens manufacturer Essilor has announced a USD 49 billion merger. Both are among top three players in Singapore Eyewear market as of 2016. The merger between the top players in the eyewear market shall enable the businesses to take full advantage of expected strong demand for prescription spectacles and sunglasses due to an aging population and increasing awareness about eye care.
Ken Research in its latest study, Singapore Eyewear Market by Type (Spectacles & Contact Lenses), By Sunglasses and Eyeglasses and by Sales Channel - Outlook to 2021 , observed that in 2016, people with myopia have increased by 1.3% against the previous year. The aging population also strengthened demand for spectacles to correct Presbyopia and for ready-made reading glasses. Presbyopia has increased at a rate of 3.3% in 2016. Singapore eyewear market is estimated to register a positive CAGR during 2017-2021. Rising awareness programs, discounted prices, mergers and acquisitions, government initiatives, improved product offerings and similar other factors are expected to be key drivers for a growth in the demand for eyewear products in the country.
The country has very limited number of local manufacturers. Majority of the demand from the public are met through imports. The Health Promotion Board of the country in partnership with 600 optical shops, Essilor and Nation Optical has initiated to make eye care affordable and accessible. They together have raised voucher funds to provide the needy students who are myopic with fully-subsidized lenses, plus SGD 30 vouchers to pay for their spectacle frames at an optical shop near them. By 2011, they have served more than 12000 needy students.
The report provides information on spectacle glasses and frames, types of spectacles, contact lenses and distribution channel dominating the market in terms of revenues and future outlook. It also covers the major players in the market and their competitive scenario and trade scenario based on contact lenses and spectacle lenses.
For more information on the market research report please refer to the below link:
https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/singapore-eyewear-market/142265-95.html
Key Topics Covered in the Report
Singapore Eyewear Market
Singapore Eyeglasses Market
Singapore Spectacle Lenses Market
Singapore Contact Lenses Industry
Competition Sunglasses Singapore
Growth Drivers Eyewear Market Singapore
Eyewear Sales in Singapore
Spectacles Sales in Singapore
Eyewear Industry Development Singapore
Eyewear Singapore Companies Strategies
Singapore Prescription glasses Online Sales
Eyeglass Frame Sunglasses Market Singapore
Future Eyecare Market Singapore
Trends Eyewear Singapore
SWOT Analysis Eye care Singapore
Major Optician in Singapore
Luxottica Group Market Share Singapore
Toric Lenses Market Singapore
Future Opportunities in Eyewear
Online Eyewear Sales Singapore
Eyewear Market Worth Singapore
Spectacle Frames Market Singapore
Spectacle Import Singapore
Online Sales GMV Sunglasses Singapore
State of the Eyewear Industry Singapore
Luxury Eyewear Singapore Market
Number of Opticians Eye wear Singapore
Related Reports by Ken Research
India CR39 Eyeglasses Market Forecasts to 2021 - High Prevalence of Impaired Vision and Increasing Awareness to Fuel Growth
India Eyewear Market Outlook to FY2018 - Rising Popularity of Online Eyewear Portals
Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications [email protected] +91-124-4230204
SOURCE Ken Research Pvt Ltd
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Singapore eyewear market by spectacles and contact lenses, by Type of Contact Lenses (Clear Spherical and Clear Toric), by Frames and Glasses-Spectacles, by Sunglasses and Eyeglasses, by Distribution Channels (Optical Stores, Department Stores, Internet Retailing, Chemist & Pharmacies, Apparel and Footwear Specialist Retailers), by Import Value and Export Value (contact lenses, Spectacle Lenses of Glass, Spectacle Lenses of Material Other than Glass, Frames and Mountings for Spectacles, Goggles), by market share of major companies (Luxottica Group SpA , Johnson & Johnson Vision, Essilor International SA, Safilo Group SpA, Owndays Co. Ltd, Novartis AG, Carl Zeiss AG, The Cooper Cos Inc., Hoya Corp, Valeant Pharmaceuticals International Inc., De Rigo SpA, Coach Inc, Bausch & Lomb Inc), by major opticians in Singapore (C.E.D.S, Paris Miki, Capitol Optical, Alexis Eyewear Boutique, Chai Ming Optical)
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(Logo: http://photos.prnewswire.com/prnh/20130909/638322 )
- Clear spherical lenses were the type of contact lens that held the highest share in the Singapore eyewear market in 2016 in terms of revenue
- Optical shops are the most preferred choice of the customers in Singapore while purchasing eyewear products; accounted for more than 3/4th of the market share
- Internet retailing accounted for a meager share in the eyewear market in 2016; though its share has seen a continuous increase over the past five years during 2012-2016
In addition, Singapore eyewear market is all set to benefit from a huge merger in the coming years. Luxottica, the world's top spectacles maker and leading lens manufacturer Essilor has announced a USD 49 billion merger. Both are among top three players in Singapore Eyewear market as of 2016. The merger between the top players in the eyewear market shall enable the businesses to take full advantage of expected strong demand for prescription spectacles and sunglasses due to an aging population and increasing awareness about eye care.
Ken Research in its latest study, Singapore Eyewear Market by Type (Spectacles & Contact Lenses), By Sunglasses and Eyeglasses and by Sales Channel - Outlook to 2021 , observed that in 2016, people with myopia have increased by 1.3% against the previous year. The aging population also strengthened demand for spectacles to correct Presbyopia and for ready-made reading glasses. Presbyopia has increased at a rate of 3.3% in 2016. Singapore eyewear market is estimated to register a positive CAGR during 2017-2021. Rising awareness programs, discounted prices, mergers and acquisitions, government initiatives, improved product offerings and similar other factors are expected to be key drivers for a growth in the demand for eyewear products in the country.
The country has very limited number of local manufacturers. Majority of the demand from the public are met through imports. The Health Promotion Board of the country in partnership with 600 optical shops, Essilor and Nation Optical has initiated to make eye care affordable and accessible. They together have raised voucher funds to provide the needy students who are myopic with fully-subsidized lenses, plus SGD 30 vouchers to pay for their spectacle frames at an optical shop near them. By 2011, they have served more than 12000 needy students.
The report provides information on spectacle glasses and frames, types of spectacles, contact lenses and distribution channel dominating the market in terms of revenues and future outlook. It also covers the major players in the market and their competitive scenario and trade scenario based on contact lenses and spectacle lenses.
For more information on the market research report please refer to the below link:
https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/singapore-eyewear-market/142265-95.html
Key Topics Covered in the Report
Singapore Eyewear Market
Singapore Eyeglasses Market
Singapore Spectacle Lenses Market
Singapore Contact Lenses Industry
Competition Sunglasses Singapore
Growth Drivers Eyewear Market Singapore
Eyewear Sales in Singapore
Spectacles Sales in Singapore
Eyewear Industry Development Singapore
Eyewear Singapore Companies Strategies
Singapore Prescription glasses Online Sales
Eyeglass Frame Sunglasses Market Singapore
Future Eyecare Market Singapore
Trends Eyewear Singapore
SWOT Analysis Eye care Singapore
Major Optician in Singapore
Luxottica Group Market Share Singapore
Toric Lenses Market Singapore
Future Opportunities in Eyewear
Online Eyewear Sales Singapore
Eyewear Market Worth Singapore
Spectacle Frames Market Singapore
Spectacle Import Singapore
Online Sales GMV Sunglasses Singapore
State of the Eyewear Industry Singapore
Luxury Eyewear Singapore Market
Number of Opticians Eye wear Singapore
Related Reports by Ken Research
India CR39 Eyeglasses Market Forecasts to 2021 - High Prevalence of Impaired Vision and Increasing Awareness to Fuel Growth
India Eyewear Market Outlook to FY2018 - Rising Popularity of Online Eyewear Portals
Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications [email protected] +91-124-4230204
SOURCE Ken Research Pvt Ltd
