The European sold production of spectacles, goggles, and the like, which are corrective and protective (excluding sunglasses) in 2023 indicates that the United Kingdom held the largest share at 37.41%, followed by Italy at 35.49%, and Germany at 18.31%. Croatia, France, and Spain contribute smaller shares at 4.26%, 3.8%, and 1.29% respectively. Countries such as Poland, Romania, Lithuania, Denmark, and Finland make up the remainder with significantly smaller shares.
Year-on-year variations from 2023 highlight a notable growth for Denmark at 47.58%, Poland at 13.36%, and Lithuania at 5.28%. Remarkable growth trends suggest increasing importance of these markets. Despite France experiencing a marginal decline of 1.63%, Germany and Italy show positive increases of 2.78% and 4.31% respectively, reflecting stable demand. The United Kingdom had a modest growth rate of 0.15%.
Future trends to watch in the European market include technological advancements in optical products, increasing demand for eyewear due to aging populations and awareness regarding eye protection. There's potential for growth in digital services related to eyewear, and sustainability factors are expected to play a significant role in future product development.
Top countries in Sold Production of Spectacles, Goggles and the Like, Corrective, Protective (Excluding Sunglasses) Share by Country (Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 37.41 | 2023 | +0.77% | +0.15% | View data |
2 | 2 Italy | 35.49 | 2023 | +3.92% | +4.31% | View data |
3 | 3 Germany | 18.31 | 2023 | -2.95% | +2.78% | View data |
4 | 4 Croatia | 4.26 | 2023 | +2.61% | +2.14% | View data |
5 | 5 France | 3.8 | 2023 | +0.077% | -1.63% | View data |
6 | 6 Spain | 1.29 | 2023 | +5.39% | +2.35% | View data |
7 | 7 Poland | 0.56 | 2023 | +5.36% | +13.36% | View data |
8 | 8 Romania | 0.53 | 2023 | +4.48% | +4.51% | View data |
9 | 9 Lithuania | 0.058 | 2023 | +5.2% | +5.28% | View data |
10 | 10 Denmark | 0.029 | 2023 | +105.78% | +47.58% | View data |