Latest 2023 Development of the Africa Eyewear Market

Africa Eyewear Market is experiencing steady growth by rising disposable income, increasing awareness about eye health, and growing fashion awareness among consumers. Some of the latest developments in the eyewear market include the launch of new eyewear brands and the expansion of established eyewear companies in Africa. Additionally, the adoption of e-commerce platforms has been instrumental in driving the growth of the Africa eyewear market. Also, these platforms offer a convenient and accessible way for consumers to purchase eyewear products.

The growth of the market is attributed to the increasing prevalence of visual impairments and the increasing penetration of e-commerce in the region. Additionally, there is a growing trend towards the use of eyewear for protection against UV radiation and blue light emitted by digital screens, which is expected to drive the demand for sunglasses and blue light-blocking glasses. Overall, the Africa eyewear industry is anticipated to register steady growth in the upcoming years owing to the growing awareness about eye health, increasing disposable incomes, and changing fashion trends.

Africa Eyewear Market Synopsis

Africa Eyewear Market is anticipated to register growth in revenues during the forecast period 2020-26F on the back of an increase in eye defects, increasing concerns regarding visual acuity, changing fashion statements, increase in concerns regarding eye safety, and an increase in the ageing population in the developed countries across the region. Additionally, the emergence of new technologies such as anti-reflection and automatic light intensity detection along with product innovation is benefitting many businesses to cater to the majority of consumer preferences and would propel sound revenues for the Africa eyewear market in the upcoming six years. 

According to 6Wresearch, Africa Eyewear Market is anticipated to witness growth during the forecast period 2020-26F. However, the spread of COVID-19 is expected to contribute towards the decline of the Africa eyewear market on the back of disturbances in the supply chain and discontinuation of production. Moreover, consequent disruptions in the operations in the lockdown period in the country are likely to dip the sales revenue for many of the top eyewear brands in the near term and significantly contribute towards the slow growth of the Africa eyewear market in the coming years. However, with an increase in digitalization backed by the spread of the COVID-19 virus and the world going online for many of their tasks, the use of electronic devices is expected to increase and would raise significant demand for anti-reflection eyewear products to ensure increased use of electronic devices safely.

South Africa eyewear market is expected to dominate the overall market revenues in the Africa eyewear market owing to rising income levels which is leading to the demand for premium eyewear products in the country. Also, the increased tourism in the country is leading to increased consumer spending on fashion statements and would proliferate potential demand projections for eyewear products in South Africa in the coming year and would benefit the growth of the Africa eyewear market in the coming timeframe.

The Africa Eyewear market report thoroughly covers the market by end-user, product, distribution channels, and countries such as Kenya, Nigeria, South Africa, and the rest of Africa. Africa Eyewear outlook report provides an unbiased and detailed analysis of the ongoing Africa Eyewear trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Africa Eyewear Market Overview
• Africa Eyewear Market Outlook
• Africa Eyewear Market Forecast
• Africa Eyewear Market Size and Africa Eyewear Market Forecast until 2025
• Africa Eyewear Market Share, By End-user
• Africa Eyewear Market Share, By Product
• Africa Eyewear Market Share, By Distribution Channels
• Africa Eyewear Market Share, By Countries
• Historical Data of Africa Eyewear Market Revenues and Volume for the period, 2015-2018
• Market size and Forecast of Africa Eyewear Market Revenues and Volume until 2025
• Historical Data of Africa Eyewear Market Revenues and Volume, By End-user, for the Period 2015-2018
• Market size and Forecast of Africa Eyewear Market Revenues and Volume, By End-user, until 2025
• Historical Data of Africa Eyewear Market Revenues and Volume, By Product, for the Period 2015-2018
• Market size and Forecast of Africa Eyewear Market Revenues and Volume, By Product, until 2025
• Historical Data of Africa Eyewear Market Revenues and Volume, By Distribution Channels, for the Period 2015-2018
• Market size and Forecast of Africa Eyewear Market Revenues and Volume, By Distribution Channels, until 2025
• Historical Data of South Africa Eyewear Market Revenues & Volume, for the Period 2016-2019
• Market Size & Forecast of South Africa Eyewear Market Revenues & Volume, Until 2026
• Historical Data of Nigeria Eyewear Market Revenues & Volume, for the Period 2016-2019
• Market Size & Forecast of Nigeria Eyewear Market Revenues & Volume, Until 2026
• Historical Data of Kenya Eyewear Market Revenues & Volume, for the Period 2016-2019
• Market Size & Forecast of Kenya Eyewear Market Revenues & Volume, Until 2026
• Historical Data of rest of Africa Eyewear Market Revenues & Volume, for the Period 2016-2019
• Market Size & Forecast of rest of Africa Eyewear Market Revenues & Volume, Until 2026
• Africa Eyewear Market Drivers and Restraints
• Africa Eyewear Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Africa Eyewear Market Opportunity Assessment
• Africa Eyewear Market Revenue Share, By Company
• Africa Eyewear Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Africa Eyewear Market report provides a detailed analysis of the following market segments:

By Product

• Spectacles
• Sunglasses
• Contact Lenses
• Others

By End-user:

• Male
• Female
•  Unisex

By Distribution Channels:

• Online
• Offline

By Countries:

• Kenya
• South Africa
• Nigeria
• Rest of Africa

Frequently Asked Questions About the Market Study: FAQs

1. Which factors are fuelling the demand for Africa Eyewear Market?

The increasing awareness about eye health, rising disposable incomes, and a growing fashion-conscious population are some of the factors fuelling the demand for the Africa Eyewear Market.

2. What is the market segmentation of the Africa Eyewear Market?

The Africa Eyewear Market can be segmented based on end-user, product type, distribution channel, and country.

3. What are the major trends in the Africa Eyewear Market?

The increasing popularity of online sales of eyewear, the growing demand for eco-friendly eyewear products, and the increasing demand for personalized eyewear products are some of the major trends in the Africa Eyewear Market.

4. What are the factors impeding the growth of the Africa Eyewear Market?

The high cost of eyewear products and the lack of access to eye care services in some regions are the major factors impeding the market growth.