| Product Code: ETC8850242 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines` reading glasses import market continues to be dominated by key players such as China, Hong Kong, Japan, Denmark, and Metropolitan France in 2024. Despite a high Herfindahl-Hirschman Index (HHI) concentration in 2023, the market concentration remained high in 2024. However, the market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -9.91% from 2020 to 2024. The growth rate from 2023 to 2024 plummeted by -62.46%, indicating a challenging year for reading glasses imports in the Philippines.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Reading Glasses Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Reading Glasses Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Reading Glasses Market - Industry Life Cycle |
3.4 Philippines Reading Glasses Market - Porter's Five Forces |
3.5 Philippines Reading Glasses Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Reading Glasses Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.7 Philippines Reading Glasses Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Reading Glasses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of vision problems among the aging population in the Philippines |
4.2.2 Growing awareness about the importance of eye health and regular eye check-ups |
4.2.3 Rise in disposable income leading to higher spending on vision correction products |
4.3 Market Restraints |
4.3.1 Competition from alternative vision correction methods such as contact lenses and refractive surgeries |
4.3.2 Availability of counterfeit or low-quality reading glasses impacting market credibility |
4.3.3 Economic fluctuations affecting consumer purchasing power |
5 Philippines Reading Glasses Market Trends |
6 Philippines Reading Glasses Market, By Types |
6.1 Philippines Reading Glasses Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Reading Glasses Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Reading Glasses Market Revenues & Volume, By Prescription Reading Glasses, 2021- 2031F |
6.1.4 Philippines Reading Glasses Market Revenues & Volume, By OTC Reading Glasses, 2021- 2031F |
6.2 Philippines Reading Glasses Market, By Age Group |
6.2.1 Overview and Analysis |
6.2.2 Philippines Reading Glasses Market Revenues & Volume, By Less than 18 Years, 2021- 2031F |
6.2.3 Philippines Reading Glasses Market Revenues & Volume, By 18-64 Years, 2021- 2031F |
6.2.4 Philippines Reading Glasses Market Revenues & Volume, By 65 Years and Greater, 2021- 2031F |
6.3 Philippines Reading Glasses Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Reading Glasses Market Revenues & Volume, By Retail Stores, 2021- 2031F |
6.3.3 Philippines Reading Glasses Market Revenues & Volume, By Online Sales Channels, 2021- 2031F |
6.3.4 Philippines Reading Glasses Market Revenues & Volume, By Ophthalmology Clinics, 2021- 2031F |
7 Philippines Reading Glasses Market Import-Export Trade Statistics |
7.1 Philippines Reading Glasses Market Export to Major Countries |
7.2 Philippines Reading Glasses Market Imports from Major Countries |
8 Philippines Reading Glasses Market Key Performance Indicators |
8.1 Average unit selling price of reading glasses in the Philippines |
8.2 Number of eye care professionals recommending reading glasses as a vision correction solution |
8.3 Percentage of the population aged 40 and above using reading glasses regularly |
9 Philippines Reading Glasses Market - Opportunity Assessment |
9.1 Philippines Reading Glasses Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Reading Glasses Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.3 Philippines Reading Glasses Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Reading Glasses Market - Competitive Landscape |
10.1 Philippines Reading Glasses Market Revenue Share, By Companies, 2024 |
10.2 Philippines Reading Glasses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |