India Eyewear Market Outlook to FY2018

Rising Popularity of Online Eyewear Portals

Region:Asia

Author(s):

Product Code:KR58

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Published on

May 2013

Total pages

91

Table of Content

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About the Report

About the Report

 

The report titled 'India Eyewear Market Outlook to FY'2018 - Rising Popularity of Online Eyewear Portals' provides a comprehensive analysis of the market size of the India eyewear spectacle lens, sunglasses, contact lenses and online eyewear industry. The report also covers the market share of major players in the spectacle lenses, contact lenses and the online eyewear market in India. The report discusses in detail the current industry trends and development and target customer profile along with the future outlook of the online eyewear segment.

 

Eyewear market in India, which has been driven by the changing demographics, fashion culture and changing health care practices in India, registered revenues of USD ~ million in FY'2013. With the advent of new varieties of eyewear products incorporating latest technology, the revenues increased by 15.3% compared to FY'2012, where the total revenues were USD ~ million. Eyewear industry in India is subject to a gamut of different factors, such as people with vision impairments and the overall disposable incomes in the country, which play an important role in determining the revenues from various eyewear segments. Spectacle lenses were the largest selling category in terms of revenue, having recorded sales of USD ~ million in fiscal year 2013. The India eyewear industry has grown at a CAGR of 27.4% from USD 1,247 million in FY'2007 to USD ~ million in FY'2013.

 

The eyewear market in India is comprised of various manufacturers that specialize in designing and producing eyewear products in different segments. Along with the presence of leading eyewear companies in the organized sector, market in India is primarily driven by the revenues of a huge number of manufacturers in the unorganized segment. Essilor was the market leader for spectacle lenses in the organized spectacle lens market while Bausch & Lomb dominated the contact lens segment in FY'2013. Ray-Ban was the largest selling sunglass brand in the same year.

 

Eyewear market in India has showcased several emerging trend over the past few years. One of the most definitive of these trends has been the advent of the online channel for the sale of eyewear products. Several online eyewear retailers have surfaced in the past couple of years, giving rise to a new platform for eyewear delivery. Online eyewear market in India showcased revenues of USD ~ million in FY'2013, registering a CAGR of around 247% from USD ~ million in FY'2011. Lenskart accounted for the majority of the market share with GKB Optical being the second largest player on the basis of revenues. Lenstrade, Lensdirect, Yebhi and Rediff Shopping were some of the small scale online eyewear retailers in FY'2013.

 

The market for eyewear in India is changing at a brisk rate. Technological advancements and demand of eyewear from an ever growing base of fashion conscious customers and people with vision impairments, as well as the transition of eyewear manufacturers from the unorganized to the organized segment have been significantly changing the market. Revenues from the eyewear industry in India are expected to expand to USD ~ million in FY'2018, growing with a CAGR of ~% from FY'2013 to FY'2018.

 

KEY TOPICS COVERED IN THE REPORT

 

- The market size of the India eyewear industry.

- The market size of the India spectacle lens market.

- The market size of the India sunglass market.

- The market size of the India contact lens market.

- The market size of the India online eyewear market.

- Market segmentation of the India eyewear industry on the basis of type of products, branded and unbranded products and unorganized and organized sector.

- Market segmentation of the India spectacle lens market on the basis of geography and organized and unorganized segment.

- Market segmentation of the India sunglass market on the basis of geography and designer and non-designer sunglasses.

- Market segmentation of the India contact lens market on the basis of types of contact lenses.

- Market segmentation of the India online eyewear market on the basis of type of products.

- Trends and Development in the India eyewear industry.

- Competitive landscape and detailed company profiles of the major manufacturers of eyewear and online eyewear retailers in India

- Future outlook and projections of the India eyewear industry, India spectacle lens market, India sunglass market, India contact lens market and India online eyewear market on the basis of revenues.

 

Products

Products

Sunglasses, designer sunglasses, Contact Lenses, Eyeglasses, Frames, Prescribed Lens, Online Eyewear


Companies

Essilor, Vision Rx, GKB High Tech, Carl Zeiss, Hoya, Ray-Ban, Fastrack, Idee, Vintage, Vogue, Police, Opium, Oakley, Carrera, Maui Jim, Bausch and Lomb, Johson and Johson, Alcon, Cooper Vision, Lenskart, GKB Opticals

Table of Contents

Table of Contents

 

1. India Eyewear Industry Introduction

2. India Eyewear Industry Market Size, FY'2007-FY'2013

3. India Eyewear Market Segmentation

3.1. By Type of Products, FY'2007-FY'2013

3.2. By Branded and Unbranded Products, FY'2013

3.3. By Organized And Unorganized Sector, FY'2013

4. India Spectacle Lenses Market Introduction and Size

5. India Spectacle Lenses Market Segmentation

5.1. By Geography, FY'2013

5.2. By Organized and Unorganized Sector, FY'2013

6. Market Share of Major Players in the Organized Spectacle Lens Market in India, FY'2013

7. India Spectacle Lens Market Future Outlook and Projections, FY'2014 - FY'2018

8. India Sunglasses Market Introduction and Size

9. India Sunglasses Market Segmentation

9.1. By Geography, FY'2013

9.2. By Designer and Non-Designer Sunglasses, FY'2013

10. India Sunglasses Market Competitve Landscape, FY'2013

11. India Sunglasses Market Future Outlook and Projections

12. India Contact Lens Market Introduction and Size

13. India Contact Lens Market Segmentation

13.1. By Types of Contact Lense Users, FY'2013

14. Market Share of Major Players in India Contact Lens Market, FY'2013

15. India Contact Lens Market Future Outlook and Projections

16. India Eyewear Exports, FY'2007 ' FY'2013

17. India Eyewear Imports, FY'2007 ' FY'2013

18. India Eyewear Industry Trends and Developments

Eyewear as a Fashion Accessory

Transition from Unorganized to Organized Retail

Focus on Tier II and Tier III Cities

Innovative Lens Offerings

The Advent of New Surgical Technologies

The arrival of Online Eyewear

The trend of Multiple Ownership

19. India Eyewear Industry Future Outlook and Projections, FY'2014 ' FY'2018

19.1. Cause and Effect Relationship Analysis of the India Eyewear Industry

20. India Online Eyewear Market Introduction and Size

21. India Online Eyewear Market Segmentation

21.1. By Type of Products, FY'2013

22. India Online Eyewear Market Customer Profile

23. Market Share of Major Players in India Online Eyewear Market, FY'2013

24. India Online Eyewear Market Future Outlook and Projections, FY'2014 ' FY'2018

24.1. Cause and Effect Relationship Analysis of the India Online Eyewear Market

25. Company Profile of Major Players in India Online Eywear Market

25.1. Lenskart

25.1.1. Business Overview

25.1.1.1. Lenskart's Operational Value Chain

25.1.2. Business Strategies

Focus on Increasing Offline Presence

Focus on In-House Brands

Home Try-on Strategy

Focus on Technology and Promotion

25.2. GKB Online

25.2.1. Business Overview

25.2.2. Business Strategies

Leveraging Offline Infrastructure

26. India Eyewear Industry Company Profiles

27. Macroeconomic and Industry Factors: Historical and Projections

27.1. Urban Population in India, FY'2007-FY'2018

27.2. Consumer Expenditure on Medical Care and Health Services, FY'2007-FY'2018

27.3. Broadband Subscribers in India, FY'2007-FY'2018

27.4. Debit Card Payments in India, FY'2007-FY'2018

27.5. Private Equity Investments in E-Commerce In India, FY2007-FY'2018

27.6. Smartphone Shipments in India, FY'2009-FY'2018

28. Appendix

28.1. Market Definitions

28.2. Abbreviations

28.3. Research Methodology

Data Collection Methods

Approach

Variables (Dependent and Independent)

Final Conclusion

28.4. Disclaimer

 


List of Figure

Figure 1: India Eyewear Industry Market Size on the Basis of Revenues in USD Million, FY'2007-FY'2013

Figure 2: Number of Cataract Surgeries Performed in India in Million, FY'2008-FY'2012

Figure 3: India Eyewear Market Segmentation on the Basis of Revenues from Different Types of Products in USD Million in Percentage, FY'2007-FY'2013

Figure 4: India Eyewear Market Segmentation on the Basis of Revenues from Branded and Unbranded Products in Percentage, FY'2013

Figure 5: India Eyewear Market Segmentation on the Basis of Revenues from the Organized and Unorganized Sector in Percentage, FY'2013

Figure 6: India Spectacle Lenses Market Size on the Basis of Revenues in USD Million, FY'2007-FY'2013

Figure 7: India Spectacle Lenses Market Segmentation on the Basis of Demand from Different Geographical Regions in Percentage, FY'2013

Figure 8: India Spectacle Lenses Market Segmentation on the Basis of Revenues from Organized and Unorganized Sector in Percentage, FY'2013

Figure 9: Market Shares of Major Players in the India Spectacle Lens Market on the Basis of Revenues in USD Million in Percentage, FY'2013

Figure 10: India Spectacle Lens Market Future Projections on the Basis of Revenues in USD Million, FY'2014-FY'2018

Figure 11: India Sunglasses Market Size on the Basis of Revenues in USD Million, FY'2007-FY'2013

Figure 12: India Sunglasses Market Segmentation on the Basis of Demand from Different Geographical Regions in Percentage, FY'2013

Figure 13: India Sunglasses Market Segmentation on the Basis of Revenues from Designer and Non-Designer Sunglasses in Percentage, FY'2013

Figure 14: India Sunglasses Market Future Projections on the Basis of Revenues in USD Million, FY'2014-FY'2018

Figure 15: India Contact Lens Market Size on the Basis of Revenues in USD Million, FY'2007-FY'2013

Figure 16: India Contact Lens Market Segmentation on the Basis of Number of Conventional Contact Lens and Daily Disposable Contact Lens Users in Percentage, FY'2013

Figure 17: Market Shares of Major Players in the India Contact Lens Market, FY'2013

Figure 18: India Contact Lens Market Future Projections on the Basis of Revenues in USD Million, FY'2014-FY'2018

Figure 19: Exports of Eyewear Products from India on the Basis of Value in USD Million, FY'2007-FY'2013

Figure 20: Imports of Eyewear Products in India on the Basis of Value in USD Million, FY'2007-FY'2013

Figure 21: India Eyewear Industry Future and Projections on the Basis of Revenues in USD Million, FY'2014-FY'2018

Figure 22: India Online Eyewear Market Size on the Basis of Revenues in USD Million, FY'2011-FY'2013

Figure 23: India Online Eyewear Market Segmentation on the Basis of Revenues from Different Products in USD Million in Percentage, FY'2013

Figure 24: Distribution of Online Eyewear Buyers in India on the Basis of Gender in Percentage, FY'2013

Figure 25: Distribution of Online Eyewear Buyers in India on the Basis of Age in Percentage, FY'2013

Figure 26: Market Share of major Players in the India Online Eyewear Market on the Basis of Revenues in USD Million in Percentage, FY'2013

Figure 27: India Online Eyewear Market Future Projections on the Basis of Revenues in USD Million, FY'2014-FY'2018

Figure 28: Lenskart's Operational Value Chain

Figure 29: Lenskart's Revenues Breakdown on the Basis of Sale of In-House Brands and Other Brands in USD Million in Percentage, FY'2013

Figure 30: Urban Population in India in Million, FY'2007-FY'2018

Figure 31: Consumer Expenditure on Medical Care and Health Services in USD Million, FY'2007-FY'2018

Figure 32: Broadband Subscribers in India, FY'2007-FY'2018

Figure 33: Number of Debit Card Payments in India in Million, FY'2007-FY'2018

Figure 34: Private Equity Investments in E-Commerce in India in USD Million, FY'2007-FY'2018

Figure 35: Smartphone Shipments in India, FY'2009-FY'2018

 


List of Table

Table 1: Units of Sunglasses Sold by Top Ten Manufacturers in India in Thousand, FY'2013

Table 2: Imports of Eyewear Products in India from Different Countries on the Basis of Value in USD Million, FY'2007-FY'2013

Table 3: Cause and Effect Relationship Analysis between Industry Factors and Expected Eyewear Industry Prospects

Table 4: Profile of Online Eyewear Buying Population in India

Table 5: Competitive Landscape of the India Online Eyewear Market, FY'2013

Table 6: Cause and Effect Relationship Analysis between Industry Factors and Expected Online Eyewear Market Prospects in India

Table 7: List of a Few Eyewear Brands Offered By Lenskart

Table 8: List of a Few Eyewear Brands Offered by GKB Online

Table 9: Company Profiles of Major Players in the India Eyewear Industry

Table 10: Correlation Matrix of the India Eyewear Industry

Table 11: Regression Coefficients Output

 

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