Eyewear Market Research Industry Report & Growth REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Singapore eyewear market by spectacles and contact lenses, by Type of Contact Lenses (Clear Spherical and Clear Toric), by Frames and Glasses-Spectacles, by Sunglasses and Eyeglasses, by Distribution Channels (Optical Stores, Department Stores, Internet Retailing, Chemist & Pharmacies, Apparel and Footwear Specialist Retailers), by Import Value and Export Value (contact lenses, Spectacle Lenses of Glass, Spectacle Lenses of Material Other than Glass, Frames and Mountings for Spectacles, Goggles), by market share of major companies (Luxottica Group SpA , Johnson & Johnson Vision, Essilor International SA, Safilo Group SpA, Owndays Co. Ltd, Novartis AG, Carl Zeiss AG, The Cooper Cos Inc., Hoya Corp, Valeant Pharmaceuticals International Inc., De Rigo SpA, Coach Inc, Bausch & Lomb Inc), by major opticians in Singapore (C.E.D.S, Paris Miki, Capitol Optical, Alexis Eyewear Boutique, Chai Ming Optical) Clear spherical lenses were the type of contact lens that held the highest share in the Singapore eyewear market in 2016 in terms of revenue. Optical shops are the most preferred choice of the customers in Singapore while purchasing eyewear products; accounted for more than 3/4th of the market share. Internet retailing accounted for a meager share in the eyewear market in 2016; though its share has seen a continuous increase over the past five years during 2012-2016. Eyewear market has been ever-growing in Singapore as it was visible during the review period 2011-2016. The current market trends and developments show that the market shall display an upward growth trend in the coming years. Mounting consumer awareness about global eyewear brands, coupled with swiftly augmenting disposable income, the Singaporean consumers’ demand for high quality premium branded eyewear products have amplified. As consumers’ want for eyewear products has become increasingly individualized, the market is transitioning towards a large number of diverse products and short product cycle. Moreover, greater usage of electronic gadgets and a rapid penetration of internet in Singapore have induced the major companies operating in the country to start offering their products online. Moreover optical shops like Owndays and Zoff has also begun offering the products in their store online recently. In addition, Singapore eyewear market is all set to benefit from a huge merger in the coming years. Luxottica, the world’s top spectacles maker and leading lens manufacturer Essilor has announced a USD 49 billion merger. Both are among top three players in Singapore Eyewear market as of 2016. The merger between the top players in the eyewear market shall enable the businesses to take full advantage of expected strong demand for prescription spectacles and sunglasses due to an aging population and increasing awareness about eye care. Ken Research in its latest study, Singapore Eyewear Market by Type (Spectacles & Contact Lenses), By Sunglasses and Eyeglasses and by Sales Channel – Outlook to 2021, observed that in 2016, people with myopia have increased by 1.3% against the previous year. The aging population also strengthened demand for spectacles to correct Presbyopia and for ready-made reading glasses. Presbyopia has increased at a rate of 3.3% in 2016. Singapore eyewear market is estimated to register a positive CAGR during 2017-2021. Rising awareness programs, discounted prices, mergers and acquisitions, government initiatives, improved product offerings and similar other factors are expected to be key drivers for a growth in the demand for eyewear products in the country. The country has very limited number of local manufacturers. Majority of the demand from the public are met through imports. The Health Promotion Board of the country in partnership with 600 optical shops, Essilor and Nation Optical has initiated to make eye care affordable and accessible. They together have raised voucher funds to provide the needy students who are myopic with fully-subsidized lenses, plus SGD 30 vouchers to pay for their spectacle frames at an optical shop near them. By 2011, they have served more than 12000 needy students. The report provides information on spectacle glasses and frames, types of spectacles, contact lenses and distribution channel dominating the market in terms of revenues and future outlook. It also covers the major players in the market and their competitive scenario and trade scenario based on contact lenses and spectacle lenses. For more information on the market research report please refer to the below link: https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/singapore-eyewear-market/142265-95.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications ankur [@] kenresearch.com +91-9015378249 Tags: Competition Sunglasses Singapore, Eyeglass Frame Sunglasses Market Singapore, Eyewear Industry Development Singapore, Eyewear Sales in Singapore, Eyewear Singapore Companies Strategies, Growth Drivers Eyewear Market Singapore, Number of Opticians Eye wear Singapore, Singapore Contact Lenses Industry, Singapore Eyeglasses Market, Singapore Eyewear Market, Singapore Prescription glasses Online Sales, Singapore Spectacle Lenses Market, Spectacles Sales in Singapore