| Product Code: ETC369568 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia spectacle frame and mounting market, the import trend experienced a growth rate of 0.7% from 2023 to 2024, with a notable compound annual growth rate (CAGR) of 29.33% for the period of 2020-2024. This significant CAGR reflects sustained market momentum driven by increasing demand for eyewear products, likely influenced by shifting consumer preferences towards fashionable and functional eyewear accessories.
The spectacle frame and mounting market in Indonesia is experiencing steady growth, driven by both fashion trends and vision correction needs. Spectacle frames have become fashion accessories, and consumers are looking for stylish and innovative designs. Additionally, the aging population and the increased use of digital devices have contributed to the demand for eyewear. Market players are introducing a variety of frame materials and designs to cater to different consumer preferences. The market is likely to see continued growth as eyewear becomes a blend of fashion and function.
The Spectacle Frame and Mounting market in Indonesia are influenced by several drivers. Firstly, the rising prevalence of vision-related issues and the growing aging population are increasing the demand for eyewear, including spectacle frames and mountings. Secondly, changing fashion trends and consumer preferences are driving the market for stylish and customizable eyewear. Additionally, the availability of a wide range of eyewear options and the presence of both international and domestic eyewear brands are contributing to market growth.
One of the primary challenges in the spectacle frame and mounting market in Indonesia is intense competition. There are numerous local and international brands, making it difficult for new entrants to gain market share. Price sensitivity among consumers also puts pressure on profit margins. Moreover, counterfeit and low-quality products are a significant concern in this market, impacting the reputation of genuine manufacturers. Effective branding and marketing strategies are necessary to distinguish high-quality products.
The eyewear market experienced disruptions during the pandemic as retail stores faced restrictions. However, online sales and the demand for prescription glasses drove market recovery. The adoption of fashionable spectacle frames remained steady.
In the Indonesia Spectacle Frame and Mounting market, companies like Luxottica Group, Safilo Group, and Marcolin Group are prominent players. They offer a wide range of eyewear frames and mounting solutions, catering to diverse consumer preferences and fashion trends. These key players are investing in design innovation and technology integration to enhance the functionality and style of spectacle frames.