Malaysian Eyewear Market is driven by Increasing Eye Care Educational Programs, Rising Myopia Rates Coupled with Rising Demand for Prescription Glasses: Ken Research 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 Efforts taken by the Ministry of Health and the major players in the country to educate Malaysians about the prevention of eye diseases, increased incidences of myopia and hyperopia and premiumisation of eyewear products were the key driver of eyewear market growth in Malaysia during the review period. The report titled “Malaysia Eyewear Market by Type (Spectacles and Contact Lenses), By Sunglasses and Eyeglasses and By Sales Channel – Outlook to 2021” by Ken Research suggested a positive CAGR in terms of revenue in eyewear market in the next 5 years till 2021. In Malaysia, eyewear products always had a significant importance owing to the increased rate of vision impairments in the country. Malaysia has blindness and visual impairment rates that are comparable with other countries in the South East Asia region. Cataract and uncorrected refractive errors, though readily treatable, are still the leading causes of blindness in the country. Hence, there always had been a high demand for prescription glasses. Over the course of time, the consumer preferences and behaviors has also evolved. By passing time the designs, models, materials and lot more have upgraded and changed to a notable manner. The eyewear companies have consistently analyzed, researched and identified the gaps and problems with existing products and its features. Contact lenses were introduced in the country as part of these up-gradations. Currently, frequent replacement lenses (FRP) are highly demanded in the country. Malaysia is one among the countries in the world where the vision impairments like myopia, hyperopia and presbyopia are rising at an alarming rate. Largely, owing to the increased demand for prescription glasses the eyewear market in Malaysia has grown at a CAGR of 6.4% during the review period 2011-2016. There is also a significant demand for sunglasses in the country. Malaysians are highly price conscious due to which the major players in the country offer branded eyewear products at discounted and affordable prices. Moreover, the optical shops in the country hold sales and promotional activities to attract a larger lot of Malay customers and also to accommodate the evolving consumer behavior, many optical shops have refurbished their existing store layouts to an open concept store layout. Both, contact lenses and prescription glasses are demanded highly in the country and the major reason portrayed behind such a demand is the increasing optical prescriptions among the Malaysians. Currently, an uncertain economic condition is prevalent in the country. The price of consumer goods are increasing and the monthly household consumption expenditure for Malaysia increased from MYR ~ in 2014 to MYR ~ in 2016 which grew at ~% per annum. This trend is expected to reduce the consumer spending on products like eyewear in the near future. Key Topics Covered in the Report: Malaysia Myopic Populations Market Share Luxottica Malaysia Sunglasses Industry Malaysia Sunglasses Brand Share Malaysia Sunglasses Brand Share Malaysia Malaysia Hyper Myopic Population Photo-Chromic Lenses Demand Malaysia For more information on the research report, refer to below link: https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/malaysia-eyewear-market/142270-95.html Related Reports by Ken Research https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/singapore-eyewear-market/142265-95.html https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/india-eye-wear-market-research-report/377-95.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Tags: Competitive Landscape Players Malaysia Eyecare, Consumer Profile In Malaysia Eyewear Market, Contact Lens Industry Size Malaysia, Contact Lenses Market Revenue Malaysia, Disposable Lens Industry Size Malaysia, Eyewear Export Volume Malaysia, Fashion Eyewear Market Malaysia, Future Outlook Eyewear Malaysia, Goggles Market Share Malaysia, Hoya Market Share Malaysia, Macroeconomic Factors Malaysia Eyewear, Malaysia Eyewear Import, Malaysia Eyewear Marker Mergers And Acquisitions, Malaysia Eyewear Market Segmentation, Malaysia Eyewear Market Size, Malaysia Hyper Myopic Population, Malaysia Kids Eyewear Market, Malaysia Myopic Populations, Malaysia Spectacles Market Size, Market Share Luxottica Malaysia, Photo-Chromic Lenses Demand Malaysia, Regulations In Eyewear Industry Malaysia, Shade Sales In Malaysia, Spectacle Lens Market Malaysia, Sunglasses Brand Share Malaysia, Sunglasses Industry Malaysia, Sunglasses Market Malaysia Sales Volume, SWOT Analysis For Malaysia Eyewear Market, Value Chain Analysis Malaysia Eyewear Market