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C&M: China eyewear industry

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Eyewear in China - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-14 01:57:02
Eyewear remained vigorous in retail value growth in 2013, underpinned by continued trading up from spectacles to disposable contact lenses, from single-vision to progressive multifocal lens and from readymade reading glasses to tailored spectacles. Nevertheless, the overall slowdown in the domestic economy had a negative impact on value growth of eyewear, and, although not very serious, resulted in the value growth of eyewear in 2013 being outperformed by that of 2012.

The large myopic population, especially among students, resulting from less outdoor activities and excessive use of personal computers, tablets and smartphones, has formed a solid consumer base for eyewear in China. At the same time, increasing disposable incomes and the growing awareness of personal healthcare further fuelled growth of eyewear in 2013. The ageing population also strengthened demand for spectacles to correct presbyopia and for readymade reading glasses.

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