Global Eyewear Market: Focus on Contact Lenses & Sunglasses

Global Eyewear Market: Focus on Contact Lenses & Sunglasses

In the worldwide contact lens market, North America is the largest market but it is also the slowest growing. North America is followed by Europe and Asia-Pacific. Asia-Pacific region is growing most rapidly. Major eyewear players are targeting emerging markets such as India and China. Italian companies like Safilo Group and Luxottica Group, and US-based Viva International Group are entering emerging markets in Asia.

The demand for varifocals (compared to bifocals) is increasing, even though varifocals are four times as expensive as single vision lenses. The transition to disposable contact lenses and demand of specialty lenses is also driving market growth. Another key trend is that individuals over the age of 50-55 are larger users of photochromatic lenses compared to younger users.

The worldwide sunglass market is usually segmented by price and function and the two major price segments are premium and value. The premium segment is growing rapidly as compared to the value segment.

With consumers treating sunglasses as their fashion statement, eyewear designers are focusing on bright, multi-colored and bejeweled designs of sunglasses. Different designs of sunglasses are being developed for office, casual wear, party wear, or beach wear.

The overall contact lens industry is quite fragmented comprising of eye care practitioners, mass merchandisers and direct marketers, with eye care practitioners having the largest share of the retail market. Direct marketers of contact lenses usually conduct sales via the Internet. 1 800 Contacts is the largest players in the US followed by Coastal Contacts and Visiondirect.

The report analyzes the eyewear market in US, UK and Germany, besides providing an overall view of the worldwide market. The report provided in-depth analysis of contact lens and sunglass segments of the global eyewear market. It also profiles the major retailers and manufacturers, with a discussion of their key business strategies. The report also analyzes the major trends prevalent in the eyewear market.

1. Introduction

Corrective Lenses
Contact Lenses
Sunglasses

2. Market Overview

2.1 Global Eyewear Market

Worldwide Market Value

2.2 Contact Lens Market

Worldwide Contact Lens Market Value
Contact Lens Market Opportunity
Regional Markets
US/American Market
Germany – Potential Opportunity
UK Contact Lens Market

2.3 Sunglasses Market

Worldwide Sunglasses Market
US Sunglasses Market
European Sunglasses Market

3. Competitive Landscape

Contact Lens – Worldwide Retail Market
Contact Lens Manufacturers
Market Share
Market Growth
German Market
UK Market

4. Market Trends

4.1 Varifocals to Replace Bifocal Lenses
4.2 Underpenetration in Emerging Markets
4.3 Move to Photochromatic Lenses
4.4 Eye/Lens Care Market
4.5 Eyewear Demographics in US
4.6 High Growth Potential of Indian Market

5. Company Profiles

5.1 Luxottica Group

Overview
Business Strategies
Strategic Acquisitions
Distribution Strategy
Focus on International Expansion

5.2 Safilo Group

Overview
Business Strategies
Distribution Strategy
R&D Strategy
Restructuring Plan

5.3 Coastal Contacts

Overview
Business Strategies
Focused Branding
Direct-to-Consumer Prescription Eyewear Launch
Restructuring Strategy

5.4 1 800 Contacts

Overview
Significant Developments
Partnership with Wal-Mart

5.5 Vistakon

Overview
Significant Developments
Introduction of Acuvue Oasys Contact Lenses
Acuminder Facebook Application

5.6 Ciba Vision

Overview
Significant Developments
Introduction of New Air Optix Contact Lenses
Introduction of New Corporate Identity Including New Logo
Increase of Manufacturing Capacity

5.7 Bausch & Lomb

Overview
Significant Developments
Introduction of Crystalens HD Accommodating Intraocular Lens
FDA Approval of Akreos Advanced Optics Aspheric Lens
Refractive Surgery Joint Venture with 20/10 Perfect Vision

List of Tables

Global Contact Lens Market by Segment (2006-10E)
Global Contact Lens Market by Geography (2006-10E)
Global Contact Lens Market by Manufacturer (2006-10E)
Regional Contact Lens Market by Segment (2006-10E)
Global Contact Lens Market Growth (2006-10E)
UK Market for Optical Goods and Services (2003-07)
UK Spectacles Market by Type of Lens (2007)
Number of Contact Lens Wearers in UK (2003-07)
Worldwide Contact Lens Market Share (2005-09E)
Worldwide Contact Lens Market Growth by Manufacturer (2005-09E)
US Eye/Lens Care Solutions Market Share by Value (2007)
US Eye/Lens Care Solutions Market Share by Volume (2007)
Luxottica Group Retail Chains Worldwide (2006-07)
Safilo Group Revenue Breakdown by Product/Region (2007-08)
Coastal Contacts Financial Summary (2007-08)

List of Charts

Categorization of Corrective Lenses
Categorization of Contact Lenses
Worldwide Eyewear Wholesale Market (2006-08)
Worldwide Contact Lens Market by Region (2006)
Soft Contact Lens – CAGR by Region (2006-11)
Penetration of Contact Lens by Region (2007)
Share of People Wearing Glasses in Germany
US Sunglasses Market by Value & Volume (2006)
Worldwide Sunglasses Market by Value (2006)
Worldwide Sunglasses Market by Volume (2006)
Worldwide Sunglasses Market by Export Volume (2006)
Worldwide Sunglasses Market by Export Value (2006)
European Sunglasses Market by Volume (2006)
Contact Lenses - German Market Share (2007)
Prescription Eyewear Wearers as % of Population by Region (2007)
% of Lenses Purchased with Photochromatic Coating by Age Group (2007)
US Eyeglass Wearers by Age Group (2007)
US Eyeglass Wearers by Income Group (2006–07)
US Eyeglass Sales by Type of Lens (2007–08)