World Eyeglasses Market

World Eyeglasses Market

This report analyzes the worldwide markets for Eyeglasses in Million Units and US$ Million. The major product segments analyzed are Lenses, Frames (Metal & Plastic), and Sunglasses (Premium-Priced & Popular Priced). The Lenses market is also analyzed by Material Type (Glass, Plastic, and MHI & Polycarbonate) and by Design Type (Single-Vision, Bifocal, and Progressive Addition). The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Annual forecasts are provided for each region for the period of 2000 through 2015. The report profiles 616 companies including many key and niche players worldwide such as Bausch & Lomb, The Carl Zeiss Group, De Rigo S.p.A., Essilor International, Hoya Corporation, Indo Internacional, S.A., Luxottica Group S.p.A., Oakley, Inc., Safilo S.p.A, and Tek Optical Canada. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

EYEGLASSES MCP-2532
A GLOBAL STRATEGIC BUSINESS REPORT


CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Product Definitions I-4
Lenses by Material Type I-4
Glass Lenses I-4
Plastic Lenses I-4
MHI & Polycarbonate Lenses I-4
Lenses by Design Type I-4
Single Vision Lenses I-4
Bifocal Lenses I-5
Progressive Addition Lenses I-5
Frames I-5
Metal Frames I-5
Plastic Frames I-5
Sunglasses I-5


II. EXECUTIVE SUMMARY

1. Industry Dynamics II-1
Changing Image of Eyeglasses II-1
Table 1: Global Population Demographics (2000-2040):
Percentage Breakdown by Age Group – Below 44 and 45 & Above II-1

Table 2: Global Eyeglasses Market (2005): Percentage of
Population Using Corrective Lenses by Region/Country – North
America, Japan, Europe, Asia-Pacific (excluding Japan), Latin
America, and Africa (includes corresponding Graph/Chart) II-1

Table 3: Global Ophthalmic Market (2005): Means of Vision
Correction by Type – Spectacle Lenses, Contact Lenses, Ready
Made, and Refractive Surgery (includes corresponding
Graph/Chart) II-2
Plastic Frames Covering More Space II-2
Factors Influencing Growth Rates in the Spectacles Frame Segment II-2
Demand for Branded Sunglasses on the Rise II-2
Sunglasses for Cool Image II-2
Sunglass Designing Determines Safety II-3
Primary Motivators for Sunglass Sales II-3
Travel-Retail Sales of Sunglasses Continue to Grow II-3
Changing Lifestyles Propel Demand. II-4
Media, Playing a Key Role II-4
A New Horizon on the Internet II-4
Retailers Launching Designer Eyewear II-4
Competitive Scenario II-5
Table 4: Leading Players in the Global Lens Market (2005 &
2006): Percentage Breakdown of Value Sales for Essilor, Carl
Zeiss Vision, Hoya, Transitions, Rodenstock, and Others
(includes corresponding Graph/Chart) II-5
Leading Eyewear Brands in the Global Eyeglasses Market (
2003): Ranked by Wholesale Sales – Ray-Ban, Oakley, Armani,
Gucci, Ralph Lauren, Chanel, Calvin Klein, YSL, Versace,
and Dolce & Gabbana II-5
Leading Sports Eyewear Brands in the Global Eyeglasses
Market (2003) – Arnette, Killer Loop, Adidas, Bolle,
Carrera, Cebe, Fila, Head, and Kappa II-6
World’s Top Five Prescription Frames and Sunglasses
Manufacturers (2003) II-6

2. Eyeglasses – An Introduction II-7
Invention & History II-7
Growth Areas in the Eyeglasses Market II-7
Are Contact Lenses an Effective Substitute for Eyeglasses? II-8
Distribution Dynamics II-8
Retail Channels for Frames II-8
Major Trends Affecting the Market II-8
Optical Frame Manufacturing Moves to Asia II-8
Small Frames Preferred in the West II-9
CAD Tools Aid in Innovative Frame Designs II-9
Graying of Baby Boomers Boost Frames Market II-9
Innovation – Key to Competitive Edge II-9

3. Product Overview II-10
Lenses II-10
Table 5: Global Lenses Market (2005): Average Price (in
Euro) per Lens by Select Company – Hoya, Essilor, and Carl
Zeiss-Sola (includes corresponding Graph/Chart) II-10
Types of Surface Treatments / Coatings Used for Lenses II-11
Types of Lenses: By Lens Material II-11
Table 6: Refraction Index of Corrective Lenses by Material
Type – Glass, Plastic (Low/Medium Index), Polycarbonate, and
Plastic (High/Very High Index) II-11
Glass Lenses II-11
Plastic Lenses II-11
Medium- and High-Index Lenses II-12
Polycarbonate Lenses II-12
New Materials Gaining Ground II-12
Types of Lenses: By Lens Properties/Design II-13
Single Vision Lenses II-13
Multifocal Lenses II-13
Bifocal Lenses II-13
Specially Designed Bifocals II-13
Smart Segment II-13
Trifocal Lenses II-14
Progressive Addition Lenses II-14
Progressive Power Lenses II-14
Transitions Lenses II-14
Aspherical Lenses II-14
Task-Specific Lenses II-14
Photochromatic Lenses II-15
Anti-Glare Lenses II-15
Anti-Reflective Lenses II-15
Table 7: Global Anti-Reflective Lenses as a Percentage of
Total Plastic Lens Market by Region/Country (2005) – Japan,
Southeast Asia (excluding Japan and Australia), Western
Europe, North America, Latin America, and Eastern Europe
(includes corresponding Graph/Chart) II-15
Hydrophobic Topcoating II-16
Anti-Reflective (AR) Procedure II-16
Hard Coating II-16
Hand Cleaning II-16
Ultrasonic Cleaning II-16
Degassing II-16
Inspection II-16
Vacuum Coating II-17
Tinted Lenses II-17
Frames II-17
Metal Frames II-17
Titanium and Monel – The Lightest Frames II-17
Plastic Frames II-18
Rimless Frames II-18
New Space-Age Materials for Frames II-18
Sunglasses II-19
A Brief History II-19
Emergence of Designer Sunglasses in Late 1970s II-19
Quality – A Significant Element in 1980s II-20
Sunglasses – A Fashion Accessory in the 1990s II-20
Sport-Specific Sunglasses: A New Segment II-20
Sunglasses – Primarily Driven by Fashion II-20
Sunglass Styles: 1990s II-20
Traditional Styles II-21
Retro Styles II-21
Sport Styles II-21
Prescription and Non-prescription Sunglasses II-21
Lenses and Frames for Sunglasses II-22
Colors in Sunglass Lenses II-22
Types of Lenses for Sunglasses II-22
Growth Drivers II-23
Depletion of Ozone Layer II-23
Contact Lenses II-23
Trend Towards Multiple Purchases II-23
Marketing of Sunglasses II-24

4. Common Vision Defects and Vision Correction Techniques II-25

Common Vision Defects II-25
Myopia II-25
Hyperopia II-25
Astigmatism/Astigma Angle II-25
Presbyopia II-25
Hypermetropia II-25
Vision Correction Techniques II-25
Eyeglasses – The Most Common Method of Vision Correction II-25
Radial Keratotomy II-26
Photorefractive Keratotomy II-26
Custom-Built Moulds II-26
Eyeglasses as Safety Means II-26
Common Eye Hazards II-26
Protective Eyeglasses II-27
Short-term Outlook II-27
Lenses for Protective Eyeglasses II-27
Use of Glass Lenses Limited to Heat-Treated Glass II-27
Polycarbonate and Plastic – Popular for Resistance II-28
Tinted Lenses – Increase Protectiveness II-28
Single Lens Frames for Protective Eyeglasses II-28
Laser Protection: A Common Application of Safety Eyeglasses II-28
Criteria for Selecting Laser Protection Eyewear II-29

5. Technological Developments II-30
Rimless Eyeglasses Invented in Japan II-30
Scratchproof Plastic Lenses II-30
OPTX 20/20 HydroTac Lenses for Safety Glasses II-30

6. Product Introductions/Innovations II-31
Marchon Unleashes Karl Lagerfeld Sunwear Collection II-31
Transitions Optical Launches Transitions ® VI Photochromic
lenses II-31
Carrera Rolls Out Eyewear Frames Featuring Extendable Temples II-31
Bausch & Lomb Gets NTIOL Designation from CMS II-31
Oakley Launches Nanowire Brand of Polarized Sunglasses II-31
Oakley Rolls Out HIJINX Signature Edition Sunglasses II-31
Charmant USA Unleashes Z-TITANIUM for Men II-32
Charmant USA Launches NODOKA Inspired by Serene Beauty II-32
Carl Zeiss Vision Introduces GT2 3D Progressive Lenses II-32
Carl Zeiss Vision Rolls Out Compact Ultra with Lowest Minimum
Fitting Height II-32
Carl Zeiss Vision Unveils Three New Materials for Progressive
Lens II-32
Sundog Eyewear Releases Latest Sunglasses II-32
Sundog Eyewear Rolls Out Ballistic Active Sports Eyewear II-33
Carl Zeiss Introduces Gradal Individual® FrameFit™ II-33
Luxottica to Introduce LensCrafters in China II-33
Polaroid Introduces PTX4000 Lens II-33
Oakley Rolls Out FIVES® Sunglasses II-33
Zeal Optics Launches ZB13 Special Blend Lens II-33
Motorola and Oakley Introduces RAZRWire Line II-34
Safilo India Unveils ‘Latest From Italy’ Collection II-34
Carl Zeiss to Launch a Range of Progressive Lenses II-34
Carl Zeiss Launches ZEISS Clarity Lenses II-34
Carl Zeiss Debuts ‘Concept Bino’ Magnifying Glasses II-34
Titan Industries Launches Fastrack Eyegear II-34
Oakley Launches OAKLEY THUMP™ II-34
Oakley Introduces Interchangeable Prescription Lenses II-35
TAG Heuer Debuts Sport Vision Eyewear Collection II-35
Ophthonix Launches "High Definition Vision" Technology II-35
Lawrence and Mayo Launches Sunglasses II-35
Provogue and Sniper Launches Sunglasses II-35
TimeVision India Launches Sniper Brand Sunglasses II-35
Johnson & Johnson Launches Definity Spectacle Lenses II-36
Safilo Group Introduces New Sunglasses II-36
FosterGrant Unveils 2003 Sunglasses Collection II-36
Cebe Launches Pink Sunglasses Collection II-36
Uvex Safety Releases Uvex Falcon Line II-36
Smith Sport Optics Unveils New Techlite Series T-Nine Sunglass II-36
AOSafety Launches Metaliks™ and X.Sport™ II-36
Stick-on’s for Bifocal Safety Vision II-37
Titmus Optical Introduces Trendsetters Collection II-37
Direct Perception Launches New Superspecs Eyeglasses II-37
RayBan Introduces New Sunglasses Range II-37
Cebe Unveils New Summer Collection II-37
Invicta Rolls Out SOLERA™ Fashion Photochromic Lenses II-37
Oakley Launches Ophthalmic Quality Eyewear II-37
Costa Del Mar Sun Glasses Launches New Line of Sunglasses II-38
Carrera Launches C8-Style Sunglasses II-38
Titmus Optical Releases Safety Frames II-38
H.L. Bouton Unveils Protective Eyewear II-38
ERB Safety Launches Boas Protective Eyewear II-38
Arbill Glove Releases Silverado Safety Glasses II-38
Sellstrom Unveils Pathfinders II-38
Sellstrom Releases Dyno-Mites II-38
Titmus Optical Launches New Metal Frame II-38
Sellstrom Releases HotShots II-39
Titmus Optical Releases PC112 Prescription Safety Frame II-39
Prada and Chanel Launch Luxury Sunglasses II-39
Luxottica Unveils New Chanel Sunwear Collection II-39
Safilo and Fendi Release New Eyewear II-39
Corning Introduces SunSensors II-39

7. Recent Industry Activity II-40
Essilor India Acquires Stakes in Hyderabad Firm II-40
Raf Simons, Marchon Eyewear Ally for New Eyewear Collection II-40
Essilor Acquires Prescription Laboratories II-40
Essilor Acquires Interstate Optical II-40
Essilor Acquires Optymal Ood II-40
Marcolin Group Signs Global Licensing Agreement for Dsquared2
Eyewear II-40
Luxottica Group, Oakley Conclude Merger II-41
Warburg Pincus Concludes Take Over of Bausch & Lomb for $4.5B II-41
Essilor Acquires Eyeglasses Manufacturers and Distributors II-41
Marchon Eyewear, Karl Lagerfeld Ink Global Licensing Agreement II-41
Emilio Pucci Signs Global Licensing Agreement with Marchon
Eyewear II-41
Sean John Signs Global Licensing Agreement with Marchon Eyewear II-41
Marcolin Group Renews US Licensing Contract with P&G II-42
Cebe to Shut Production Operations in France II-42
Essilor Boosts Prescription Laboratory Network in Europe II-42
Luxottica Group Reorganizes Business Operations II-42
Luxottica Group Acquires Sun Chains in Africa II-42
Carl Zeiss Vision Begins ZEISS Individual Framefit™ Production II-42
Luxottica Group Plans to Acquire Additional Stakes in RayBan II-42
Carl Zeiss Vision Adds Optoteam II-43
Essilor to Solidify Market Position with GKB’s Acquisition II-43
Carl Zeiss Acquires Frames and RX Divisions of General Optical II-43
Oakley Inks Acquisition Pact with Eye Safety Systems II-43
Orange 21 Acquires LEM II-43
Oakley Purchases Eyewear Brands of Oliver Peoples II-44
Safilo Signs License Agreement with Banana Republic II-44
Tiffany and Luxottica Sign Pact for Eyewear Solutions II-44
L’Amy America and Columbia Sportswear Extend Partnership II-44
Transitions Optical and Thai Optical Partner II-44
Oakley to Collaborate with Transitions Optical for Plano
Sunglasses II-45
Shamir Optical Establishes Altra-France II-45
Safilo Establishes Eyewear Units II-45
Johnson & Johnson’s Ophthalmic Lens Business Added to Essilor II-45
Luxottica Group Acquires Xueliang Optical II-45
Carl Zeiss Ophthalmic Lens Division Merges with SOLA
International II-46
L’Amy and Chloe Sign License Agreement II-46
Safilo and Hugo Sign License Agreement II-46
Halperin Optics Signs Agreement with Tiffany II-46
Oakley Signs Contract with Luxottica II-46
Motorola Allies with Oakley to Develop Eyewear Mobiles II-46
Essilor of America Acquires Stake in Vision-Craft II-46
HAL Holding Enters into Agreement with Yimin II-47
Vision Acquisition Signs Agreement with National Vision II-47
TJT Sales Enters into Agreement with Exodesign II-47
De Rigo and Viva Group Enter in Distribution Agreement II-47
TADCOM Expands Lens Business II-47
Highmark Acquires Viva International II-47
Bausch & Lomb Introduces Vision Shaping Treatment™
Certification Training II-48
L’Amy Group Enters into Alliance with Eyefinity II-48
Luxottica Group Signs Licensing Agreement with Dolce & Gabbana II-48
Giant Eagle and Eyetique Join Forces to Start Visura Eyecare II-48
Essilor to Manufacture Antireflective Lenses II-48
Luxottica South Pacific Announces Share Purchase Offer II-48
Luxottica Group Extends Licensing Agreement with Bulgari II-48
Luxottica Enters into Agreement with Donna Karan International II-49
Marchon Receives Exclusive License from FENDI II-49
Corning Selects Tecnilents II-49
Amaro Participacoes Brings Tag Heuer to Brazil II-49
Luxottica Group Acquires Cole National II-49
Jones Signs Licensing Agreement with Riviera Trading II-49
Elite Eyewear Join Forces with Polaroid Corporation II-49
SOLA International Receives Award II-49
Essilor Acquires Specialty Lens Corporation II-50
Safilo Group Acquires Outlook Eyewear II-50
Essilor Partners with Oakley II-50
Nanotechnologies Enters into Agreement with Essilor II-50
Vision Express Expands Business to Asia II-50
Rodenstock Signs Agreement with GKB Rx Lens II-51
Essilor Acquires BNL II-51
A.T. Cross Company Acquires Costa Del Mar Sunglasses II-51
Coach Grants License to Marchon II-51
Oakley Acquires Iacon II-51
Luxottica Acquires Sunglass Hut II-51
Marcolin Enters into Licensing Agreement with Procter & Gamble II-52
Couteur Obtains License from Vera Wang II-52
Oakley Enters into Agreement with Luxottica Group II-52
Unlimited Eyewear Signs Agreement with SloaneVision Unlimited II-52
Lantis Eyewear Enters into Agreement with Primedia Magazines II-52
Lantis Eyewear Enters into Agreement with Polaroid Corporation II-52
Kraft International Marketing Enters into Agreement with Tommy
Hilfiger II-52
Zimco Optics Enters into Agreement with Harve Benard II-52
Clear Vision Optical and Kenneth Cole Productions Sign Agreement II-52
De Rigo Enters into Agreement with Givenchy II-53
Bushnell Takes Over Serengeti II-53
Hoya Acquires Optical Resources Group II-53
FosterGrant and World Triathlon Extend Agreement II-53

8. Focus on Select Global Players II-54
Bausch & Lomb (USA) II-54
The Carl Zeiss Group (Germany) II-54
De Rigo S.p.A. (Italy) II-54
Essilor International (France) II-55
Hoya Corporation (Japan) II-55
Indo Internacional, S.A. (Spain) II-55
Luxottica Group S.p.A. (Italy) II-56
Oakley, Inc. (USA) II-56
Safilo Group S.p.A. (Italy) II-56
TEK Optical Canada (Canada) II-57

9. Global Market Perspective II-58
Table 8: World Recent Past, Current & Future Analysis for
Eyeglasses by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-58

Table 9: World Long-term Projections for Eyeglasses by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-59

Table 10: World Recent Past, Current & Future Analysis for
Eyeglasses by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-60

Table 11: World Long-term Projections for Eyeglasses by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-61

Table 12: World 10-Year Perspective for Eyeglasses by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-62

Table 13: World 10-Year Perspective for Eyeglasses by
Geographic Region – Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-63

Table 14: World Recent Past, Current & Future Analysis for
Lenses by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-64

Table 15: World Long-term Projections for Lenses by Geographic
Region – USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-65

Table 16: World 10-Year Perspective for Lenses by Geographic
Region – Percentage Breakdown of Volume Sales for USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
and Rest of World Markets for Years 2003, 2008 & 2012
(includes corresponding Graph/Chart) II-66

Table 17: World Recent Past, Current & Future Analysis for
Lenses by Material Type – Glass Lenses, Plastic Lenses, and
MHI & Polycarbonate Lenses Markets Independently Analyzed with
Annual Sales Figures in Million Units for Years 2000 through
2010 (includes corresponding Graph/Chart) II-67

Table 18: World Long-term Projections for Lenses by Material
Type – Glass Lenses, Plastic Lenses, and MHI & Polycarbonate
Lenses Markets Independently Analyzed with Annual Sales
Figures in Million Units for Years 2011 through 2015
(includes corresponding Graph/Chart) II-68

Table 19: World 10-Year Perspective for Lenses by Material
Type – Percentage Breakdown of Volume Sales for Glass Lenses,
Plastic Lenses, and MHI & Polycarbonate Lenses Markets for
Years 2003, 2008 & 2012 (includes corresponding Graph/Chart) II-69

Table 20: World Recent Past, Current & Future Analysis for
Glass Lenses by Geographic Region – USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America, and
Rest of World Markets Independently Analyzed with Annual Sales
Figures in Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-70

Table 21: World Long-term Projections for Glass Lenses by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-71

Table 22: World 10-Year Perspective for Glass Lenses by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-72

Table 23: World Recent Past, Current & Future Analysis for
Plastic Lenses by Geographic Region – USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America, and
Rest of World Markets Independently Analyzed with Annual Sales
Figures in Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-73

Table 24: World Long-term Projections for Plastic Lenses by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-74

Table 25: World 10-Year Perspective for Plastic Lenses by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-75

Table 26: World Recent Past, Current & Future Analysis for MHI &
Polycarbonate Lenses by Geographic Region – USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
and Rest of World Markets Independently Analyzed with Annual
Sales Figures in Million Units for Years 2000 through 2010
(includes corresponding Graph/Chart) II-76

Table 27: World Long-term Projections for MHI & Polycarbonate
Lenses by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales
Figures in Million Units for Years 2011 through 2015
(includes corresponding Graph/Chart) II-77

Table 28: World 10-Year Perspective for MHI & Polycarbonate
Lenses by Geographic Region – Percentage Breakdown of Volume
Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, and Rest of World Markets for Years
2003, 2008 & 2012 (includes corresponding Graph/Chart) II-78

Table 29: World Recent Past, Current & Future Analysis for
Lenses by Design Type – Single Vision, Bifocal, and
Progressive Addition Markets Independently Analyzed with
Annual Sales Figures in Million Units for Years 2000 through
2010 (includes corresponding Graph/Chart) II-79

Table 30: World Long-term Projections for Lenses by Design
Type – Single Vision, Bifocal, and Progressive Addition
Markets Independently Analyzed with Annual Sales Figures in
Million Units for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-80

Table 31: World 10-Year Perspective for Lenses by Design Type -
Percentage Breakdown of Volume Sales for Single Vision,
Bifocal, and Progressive Addition Markets for Years 2003,
2008 & 2012 (includes corresponding Graph/Chart) II-81

Table 32: World Recent Past, Current & Future Analysis for
Single Vision Lenses by Geographic Region – USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
and Rest of World Markets Independently Analyzed with Annual
Sales Figures in Million Units for Years 2000 through 2010
(includes corresponding Graph/Chart) II-82

Table 33: World Long-term Projections for Single Vision Lenses
by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in Million Units for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-83

Table 34: World 10-Year Perspective for Single Vision Lenses
by Geographic Region – Percentage Breakdown of Volume Sales
for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, and Rest of World Markets for Years
2003, 2008 & 2012 (includes corresponding Graph/Chart) II-84

Table 35: World Recent Past, Current & Future Analysis for
Bifocal Lenses by Geographic Region – USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America, and
Rest of World Markets Independently Analyzed with Annual Sales
Figures in Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-85

Table 36: World Long-term Projections for Bifocal Lenses by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-86

Table 37: World 10-Year Perspective for Bifocal Lenses by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-87

Table 38: World Recent Past, Current & Future Analysis for
Progressive Addition Lenses by Geographic Region – USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
America, and Rest of World Markets Independently Analyzed with
Annual Sales Figures in Million Units for Years 2000 through
2010 (includes corresponding Graph/Chart) II-88

Table 39: World Long-term Projections for Progressive
Addition Lenses by Geographic Region – USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America, and
Rest of World Markets Independently Analyzed with Annual Sales
Figures in Million Units for Years 2011 through 2015
(includes corresponding Graph/Chart) II-89

Table 40: World 10-Year Perspective for Progressive Addition
Lenses by Geographic Region – Percentage Breakdown of Volume
Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, and Rest of World Markets for Years
2003, 2008 & 2012 (includes corresponding Graph/Chart) II-90

Table 41: World Recent Past, Current & Future Analysis for
Lenses by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-91

Table 42: World Long-term Projections for Lenses by Geographic
Region – USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-92

Table 43: World 10-Year Perspective for Lenses by Geographic
Region – Percentage Breakdown of Dollar Sales for USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
and Rest of World Markets for Years 2003, 2008 & 2012
(includes corresponding Graph/Chart) II-93

Table 44: World Recent Past, Current & Future Analysis for
Frames by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-94

Table 45: World Long-term Projections for Frames by Geographic
Region – USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-95

Table 46: World Recent Past, Current & Future Analysis for
Frames by Product Segment – Metal and Plastic Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2000 through 2010 (includes corresponding
Graph/Chart) II-96

Table 47: World Long-term Projections for Frames by Product
Segment – Metal and Plastic Markets Independently Analyzed
with Annual Sales Figures in Million Units for Years 2011
through 2015 (includes corresponding Graph/Chart) II-97

Table 48: World 10-Year Perspective for Frames by Geographic
Region – Percentage Breakdown of Volume Sales for USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan),Latin
America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-98

Table 49: World 10-Year Perspective for Frames by Product
Segment – Percentage Breakdown of Volume Sales for Metal and
Plastic Markets for Years 2003, 2008 & 2012 II-98

Table 50: World Recent Past, Current & Future Analysis for
Metal Frames by Geographic Region – USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America, and
Rest of World Markets Independently Analyzed with Annual Sales
Figures in Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-99

Table 51: World Long-term Projections for Metal Frames by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-100

Table 52: World 10-Year Perspective for Metal Frames by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-101

Table 53: World Recent Past, Current & Future Analysis for
Plastic Frames by Geographic Region – USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and Rest
of World Markets Independently Analyzed with Annual Sales
Figures in Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-102

Table 54: World Long-term Projections for Plastic Frames by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-103

Table 55: World 10-Year Perspective for Plastic Frames by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-104

Table 56: World Recent Past, Current & Future Analysis for
Frames by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-105

Table 57: World Long-term Projections for Frames by Geographic
Region – USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, and Rest of World Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2011 through 2015 (includes corresponding Graph/Chart) II-106

Table 58: World 10-Year Perspective for Frames by Geographic
Region – Percentage Breakdown of Dollar Sales for USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-107

Table 59: World Recent Past, Current & Future Analysis for
Sunglasses by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-108

Table 60: World Long-term Projections for Sunglasses by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-109

Table 61: World Recent Past, Current & Future Analysis for
Sunglasses by Product Segment – Premium-Priced and
Popular-Priced Markets Independently Analyzed with Annual
Sales Figures in Million Units for Years 2000 through 2010 II-110

Table 62: World Long-term Projections for Sunglasses by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in Million
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-111

Table 63: World 10-Year Perspective for Sunglasses by
Geographic Region – Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-112

Table 64: World 10-Year Perspective for Sunglasses by Product
Segment – Percentage Breakdown of Volume Sales for
Premium-Priced and Popular-Priced Markets for Years 2003, 2008 &
2012 II-113

Table 65: World Recent Past, Current & Future Analysis for
Premium-Priced Sunglasses by Geographic Region – USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
and Rest of World Markets Independently Analyzed with Annual
Sales Figures in Million Units for Years 2000 through 2010
(includes corresponding Graph/Chart) II-114

Table 66: World Long-term Projections for Premium-Priced
Sunglasses by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales
Figures in Million Units for Years 2011 through 2015
(includes corresponding Graph/Chart) II-115

Table 67: World 10-Year Perspective for Premium-Priced
Sunglasses by Geographic Region – Percentage Breakdown of
Volume Sales for USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
for Years 2003, 2008 & 2012 (includes corresponding
Graph/Chart) II-116

Table 68: World Recent Past, Current & Future Analysis for
Popular-Priced Sunglasses by Geographic Region – USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
and Rest of World Markets Independently Analyzed with Annual
Sales Figures in Million Units for Years 2000 through 2010
(includes corresponding Graph/Chart) II-117

Table 69: World Long-term Projections for Popular-Priced
Sunglasses by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in Million Units for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-118

Table 70: World 10-Year Perspective for Popular-Priced
Sunglasses by Geographic Region – Percentage Breakdown of
Volume Sales for USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
for Years 2003, 2008 & 2012 (includes corresponding
Graph/Chart) II-119

Table 71: World Recent Past, Current & Future Analysis for
Sunglasses by Geographic Region – USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2000 through 2010 (includes
corresponding Graph/Chart) II-120

Table 72: World Long-term Projections for Sunglasses by
Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-121

Table 73: World 10-Year Perspective for Sunglasses by
Geographic Region – Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Rest of World Markets for Years 2003, 2008 &
2012 (includes corresponding Graph/Chart) II-122


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Current & Future Analysis III-1
Key Statistics III-1
Table 74: Prescription Eyewear Market in the US (2004):
Percentage Breakdown of Adult Population – Eyeglasses;
Eyeglasses & Prescription Sunglasses; Eyeglasses & Contact
Lenses; Contact Lenses; Eyeglasses, Contact Lenses &
Prescription Sunglasses; and Prescription Sunglasses
(includes corresponding Graph/Chart) III-1

Table 75: Eyeglasses Market in the US (2004): Percentage
Breakdown of Eyewear Population by Age Group – 15-24,
25-39, 40-64, and 65 & Above (includes corresponding
Graph/Chart) III-2

Table 76: US Imports of Optical Goods in US$ Million
(2000-2004) (includes corresponding Graph/Chart) III-2

Table 77: Percentage of US Adult Population Undergoing Eye
Examination (includes corresponding Graph/Chart) III-2
Eye-Care Professionals in the US by Category (2004) –
Ophthalmologists, Optometrists, and Opticians III-2
Table 78: Ophthalmic Market in the US (2002): Percentage
Breakdown of Eyeglass Wearers by Product Type – Spectacles,
Contact Lenses, and Reading Glasses (includes corresponding
Graph/Chart) III-3
Mixed Results in Frames and Lens Markets III-3
Non-Prescription Sunglasses Poised to Grow III-3
A Move Towards More Profitable Products by Retailers III-4
Table 79: US Retail Market for Lenses (2004 & 2005):
Percentage Breakdown of Value Sales by Lens Design –
Progressive, Single-Vision, and Flat-Top (includes
corresponding Graph/Chart) III-4
Channels of Distribution III-4
Table 80: US Optical Retail Market (2003 & 2004):
Percentage Breakdown of Value Sales by Distribution Channel-
Optical Chains, Optometrists, Opticians,
Ophthalmologists, and HMOs (includes corresponding
Graph/Chart) III-5

Table 81: Eyewear Products Market in the US (2004) –
Percentage Breakdown by Distribution Channel – Independent
Stores, Retail Chain, Discount Stores,and Other Stores
(includes corresponding Graph/Chart) III-5
Vertical Integration III-5
Leading Optical Retailers in the US: (2003) III-5
Focus on Select Products III-6
Ready-Made Reading Glasses III-6
Instant Glasses III-6
Lenses III-6
Market Segmentation – By Product Type III-6
Polycarbonate and High-Index Lenses III-6
Glass Lenses III-7
Market Segmentation – By Value III-7
Commodity Segment III-7
High-Value Segment III-7
Multifocal Lenses III-7
Thinner/Lighter Single-Vision and Multifocal Lenses III-7
Photochromic Lenses III-7
Major Trends in the Lens Industry III-8
Increasing Shift towards Premium Lenses III-8
Multifocals – A Growing and Profitable Segment III-8
Progressive Addition Lenses – Likely to Slow as Market
Matures III-8
New Raw Materials Challenge Polycarbonate III-8
Frames III-8
Table 82: Leading Players in the US Eyeglass Frames Market
(2005 & 2006): Percentage Breakdown of Value Sales for
Safilo, Marchon, Luxottica, and Others (includes
corresponding Graph/Chart) III-9

Table 83: Market Shares (in Value) of Safilo USA and
Luxottica in the US Eyeglass Frames Market (2003-2006)
(includes corresponding Graph/Chart) III-9

Table 84: Leading Players in the US Eyeglass Frames Market
(2005 & 2006): Percentage Breakdown of Unit Sales by
Retail Price of US$150 & Above – Safilo, Marchon,
Silhouette, Luxottica, and Others (includes corresponding
Graph/Chart) III-10

Table 85: Eyeglass Frames Market in the US (2005):
Percentage Breakdown of Value Sales by Retail Price –
Below US$100, US$101-US$149, US$150 & Above (includes
corresponding Graph/Chart) III-10

Table 86: Eyeglass Frames Market in the US (2005):
Percentage Breakdown of Unit Sales by Retail Price – Below
US$100, US$101-US$149, US$150 & Above (includes
corresponding Graph/Chart) III-10
Sunglasses III-11
Non-Prescription Sunglasses Record Declining Sales III-11
Interchangeable Lenses – The New Trend in Sunglasses III-11
Outdoor Sunglasses Market Witnesses Decline III-11
Market Leaders III-12
Table 87: US Premium Sunglasses Market (2005): Percentage
Breakdown of Volume Sales by Brand – Oakley, Ray-Ban,
Nike, Gucci, Polo/Ralph Lauren, Maui Jim, Revo, DKNY, and
Others (includes corresponding Graph/Chart) III-12
Emerging Segments III-12
The Performance Eyewear Segment III-13
Other Prominent Segments III-13
Consumer Profile III-13
Distribution III-14
Principal Retail Outlets III-14
Table 88: Retail Market for Sunglasses in the US (2004 &
2005): Percentage Breakdown of Value Sales by Retail
Outlet – Sunglass Hut and Others III-14

Table 89: Sunglasses Market in the US (2005): Percentage
Breakdown of Value Sales by Distribution Channel –
Specialty, Optical, Mass, Sport, Drug, Department Store,
Warehouse, Grocery, and Others (includes corresponding
Graph/Chart) III-14
Manufacturing Standards for Sunglasses III-14
American National Standards, Inc. (ANSI) and FDA
Voluntary Labeling III-15
Standards for Labeling Three Categories of Lenses III-15
Factors Driving Growth in the US Eyeglasses Market III-15
Aging of Population III-15
Reduction in Replacement Cycle III-15
Preference for Premium Plastic Lenses III-15
Increased Computer, TV Usage & Pollution III-15
Perception of Spectacles as a Fashion Item III-16
Health Consciousness III-16
Growth in Healthcare Organizations III-16
Product Launches/Developments III-16
Strategic Corporate Developments III-21
Key Players III-29
B.Market Analytics III-31
Table 90: US Recent Past, Current & Future Analysis for
Eyeglasses by Product Group/ Segment – Lenses (Glass,
Plastic, and MHI & Polycarbonate), Frames (Metal and
Plastic), and Sunglasses (Premium-Priced and Popular-Priced)
Markets Independently Analyzed with Annual Sales Figures in
Million Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) III-31

Table 91: US Long-term Projections for Eyeglasses by
Product Group/ Segment – Lenses (Glass, Plastic, and MHI &
Polycarbonate), Frames (Metal and Plastic), and Sunglasses
(Premium-Priced and Popular-Priced) Markets Independently
Analyzed with Annual Sales Figures in Million Units for
Years 2011 through 2015 (includes corresponding
Graph/Chart) III-32

Table 92: US Recent Past, Current & Future Analysis for
Lenses by Design Type – Single Vision, Bifocal, and
Progressive Addition Markets Independently Analyzed with
Annual Sales Figures in Million Units for Years 2000 through
2010 (includes corresponding Graph/Chart) III-33

Table 93: US Long-term Projections for Lenses by Design
Type – Single Vision, Bifocal, and Progressive Addition
Markets Independently Analyzed with Annual Sales Figures in
Million Units for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-33

Table 94: US 10-Year Perspective for Eyeglasses by Product
Group/Segment – Percentage Breakdown of Volume Sales for
Lenses (Glass, Plastic, and MHI & Polycarbonate), Frames
(Metal and Plastic), and Sunglasses (Premium-Priced and
Popular-Priced) Markets for Years 2003, 2008 & 2012
(includes corresponding Graph/Chart) III-34

Table 95: US 10-Year Perspective for Lenses by Design Type –
Percentage Breakdown of Volume Sales for Single Vision,
Bifocal, and Progressive Addition Markets for Years 2003,
2008 & 2012 (includes corresponding Graph/Chart) III-35

Table 96: US Recent Past, Current & Future Analysis for
Eyeglasses by Product Group – Lenses, Frames, and Sunglasses
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2000 through 201