The Asia Pacific Spectacle Market would witness market growth of 8.2% CAGR during the forecast period (2020-2026). Increased occurrence of refractive errors particularly among the young population is expected to generate new avenues of revenue for the worldwide spectacles market. Also, for effective and better correction of vision, prescription glasses as compared to contact lenses are preferred. This factor is anticipated to drive the global market growth for global spectacles in the coming years.
Growing demand for handy eyewear is likely to contribute to the growing number of retail stores. Offline stores such as specialty stores and optical shops offer customization, personal assistance, and convenience to the consumers, which in turn will push the segment growth. These stores also provide complete eye checkups for the consumers to select the correct eyeglasses. Moreover, they offer easy exchange and repair services for lens and frames, which ultimately saves customers money and time.
Asia Pacific is the fastest-growing market of spectacles. Majority of youth in Japan, China, Singapore, and South Korea are suffering from myopia. As per the National Health Commission, around half of children and youngsters from mainland China were suffering from vision impairment in 2019. Such a high occurrence is projected to boost regional demand. Furthermore, the speedy rise in the working population in developing countries like China, India, and Vietnam is estimated to fuel the demand for computer glasses.
Based on Parts, the market is segmented into Lens and Frames. Based on Distribution Channel, the market is segmented into Online and Offline. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Spectacle Market in Asia Pacific is expected to register a CAGR of 8.2% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include EssilorLuxottica SA (Essilor Instruments USA), Johnson and Johnson (Johnson and Johnson Vision Care, Inc.), Novartis AG (Ciba Vision), Carl Zeiss AG, Zenni Optical, Inc., Jand, Inc. (Warby Parker), Lenskart Solutions Pvt. Ltd., Hoya Corporation, MODO and Titan Group Limited (Tata Group).
Scope of the Study
Market Segments Covered in the Report:
By Parts
By Distribution Channel
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- EssilorLuxottica SA (Essilor Instruments USA)
- Johnson and Johnson (Johnson and Johnson Vision Care, Inc.)
- Novartis AG (Ciba Vision)
- Carl Zeiss AG
- Zenni Optical, Inc.
- Jand, Inc. (Warby Parker)
- Lenskart Solutions Pvt. Ltd.
- Hoya Corporation
- MODO
- Titan Group Limited (Tata Group)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Spectacle Market, by Parts
1.4.2 Asia Pacific Spectacle Market, by Distribution Channel
1.4.3 Asia Pacific Spectacle Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Spectacle Market by Parts
3.1 Asia Pacific Lens Spectacle Market by Country
3.2 Asia Pacific Frames Spectacle Market by Country
Chapter 4. Asia Pacific Spectacle Market by Distribution Channel
4.1 Asia Pacific Online Market by Country
4.2 Asia Pacific Offline Market by Country
Chapter 5. Asia Pacific Spectacle Market by Country
5.1 China Spectacle Market
5.1.1 China Spectacle Market by Parts
5.1.2 China Spectacle Market by Distribution Channel
5.1.2.1 Japan Spectacle Market
5.1.2.1.1 Japan Spectacle Market by Parts
5.1.2.1.2 Japan Spectacle Market by Distribution Channel
5.1.2.2 India Spectacle Market
5.1.2.2.1 India Spectacle Market by Parts
5.1.2.2.2 India Spectacle Market by Distribution Channel
5.1.2.3 South Korea Spectacle Market
5.1.2.3.1 South Korea Spectacle Market by Parts
5.1.2.3.2 South Korea Spectacle Market by Distribution Channel
5.1.2.4 Singapore Spectacle Market
5.1.2.4.1 Singapore Spectacle Market by Parts
5.1.2.4.2 Singapore Spectacle Market by Distribution Channel
5.1.2.5 Malaysia Spectacle Market
5.1.2.5.1 Malaysia Spectacle Market by Parts
5.1.2.5.2 Malaysia Spectacle Market by Distribution Channel
5.1.2.6 Rest of Asia Pacific Spectacle Market
5.1.2.6.1 Rest of Asia Pacific Spectacle Market by Parts
5.1.2.6.2 Rest of Asia Pacific Spectacle Market by Distribution Channel
Chapter 6. Company Profiles
6.1 EssilorLuxottica SA (Essilor Instruments USA)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental &Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.2 Johnson and Johnson (Johnson and Johnson Vision Care, Inc.)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental &Regional Analysis
6.2.4 Research & Development Expenses
6.3 Novartis AG (Ciba Vision)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.4 Carl Zeiss AG
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental Analysis
6.4.4 Research & Development Expense
6.4.5 Recent strategies and developments:
6.4.5.1 Partnerships, Collaborations, and Agreements:
6.5 Zenni Optical, Inc.
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Product Launches and Product Expansions:
6.6 Jand, Inc. (Warby Parker)
6.6.1 Company Overview
6.7 Lenskart Solutions Pvt. Ltd.
6.7.1 Company Overview
6.8 Hoya Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.9 MODO
6.9.1 Company Overview
6.10. Titan Group Limited (Tata Group)
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Geographical Expansions:
TABLE 1 Asia Pacific Spectacle Market, 2016 - 2019, USD Million
TABLE 2 Asia Pacific Spectacle Market, 2020 - 2026, USD Million
TABLE 3 Asia Pacific Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 4 Asia Pacific Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 5 Asia Pacific Lens Spectacle Market by Country, 2016 - 2019, USD Million
TABLE 6 Asia Pacific Lens Spectacle Market by Country, 2020 - 2026, USD Million
TABLE 7 Asia Pacific Frames Spectacle Market by Country, 2016 - 2019, USD Million
TABLE 8 Asia Pacific Frames Spectacle Market by Country, 2020 - 2026, USD Million
TABLE 9 Asia Pacific Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 10 Asia Pacific Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 11 Asia Pacific Online Market by Country, 2016 - 2019, USD Million
TABLE 12 Asia Pacific Online Market by Country, 2020 - 2026, USD Million
TABLE 13 Asia Pacific Offline Market by Country, 2016 - 2019, USD Million
TABLE 14 Asia Pacific Offline Market by Country, 2020 - 2026, USD Million
TABLE 15 Asia Pacific Spectacle Market by Country, 2016 - 2019, USD Million
TABLE 16 Asia Pacific Spectacle Market by Country, 2020 - 2026, USD Million
TABLE 17 China Spectacle Market, 2016 - 2019, USD Million
TABLE 18 China Spectacle Market, 2020 - 2026, USD Million
TABLE 19 China Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 20 China Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 21 China Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 22 China Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 23 Japan Spectacle Market, 2016 - 2019, USD Million
TABLE 24 Japan Spectacle Market, 2020 - 2026, USD Million
TABLE 25 Japan Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 26 Japan Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 27 Japan Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 28 Japan Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 29 India Spectacle Market, 2016 - 2019, USD Million
TABLE 30 India Spectacle Market, 2020 - 2026, USD Million
TABLE 31 India Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 32 India Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 33 India Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 34 India Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 35 South Korea Spectacle Market, 2016 - 2019, USD Million
TABLE 36 South Korea Spectacle Market, 2020 - 2026, USD Million
TABLE 37 South Korea Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 38 South Korea Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 39 South Korea Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 40 South Korea Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 41 Singapore Spectacle Market, 2016 - 2019, USD Million
TABLE 42 Singapore Spectacle Market, 2020 - 2026, USD Million
TABLE 43 Singapore Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 44 Singapore Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 45 Singapore Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 46 Singapore Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 47 Malaysia Spectacle Market, 2016 - 2019, USD Million
TABLE 48 Malaysia Spectacle Market, 2020 - 2026, USD Million
TABLE 49 Malaysia Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 50 Malaysia Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 51 Malaysia Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 52 Malaysia Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 53 Rest of Asia Pacific Spectacle Market, 2016 - 2019, USD Million
TABLE 54 Rest of Asia Pacific Spectacle Market, 2020 - 2026, USD Million
TABLE 55 Rest of Asia Pacific Spectacle Market by Parts, 2016 - 2019, USD Million
TABLE 56 Rest of Asia Pacific Spectacle Market by Parts, 2020 - 2026, USD Million
TABLE 57 Rest of Asia Pacific Spectacle Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 58 Rest of Asia Pacific Spectacle Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 59 Key Information – EssilorLuxottica SA
TABLE 60 Key information –Johnson and Johnson
TABLE 61 Key Information – Novartis AG
TABLE 62 Key Information – Carl Zeiss AG
TABLE 63 key information – Zenni Optical, Inc.
TABLE 64 Key information – Jand, Inc.
TABLE 65 Key Information – Lenskart Solutions Pvt. Ltd.
TABLE 66 Key Information – Hoya Corporation
TABLE 67 key information – MODO
TABLE 68 Key Information – Titan Company Limited
List of Figures
FIG 1 Methodology for the research