Indonesia Eyewear Market (2022-2028) | Revenue, Growth, Industry, Size, Share, Outlook, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

Product Code: ETC003428 Publication Date: Nov 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Indonesia Eyewear Market Synopsis

The eyewear market in Indonesia is forecast to grow over the coming years. The market is expected to have grown resulting from rising demand for fashionable, high-quality designer sunglasses made and sold locally as well as increasing population in the country. The main drivers of the eyewear market are the increasing demand for sunglasses and corrective lenses in the country, as well as the increasing prevalence of eye diseases such as cataracts and glaucoma. However, some challenges that the eyewear market in Indonesia faces include a lack of awareness about the benefits of wearing eyeglasses, limited access to quality eyeglasses, and a lack of skilled professionals to provide eyewear services. The Indonesia Eyewear market is a part of Asia Pacific eyewear market and global eyewear market.

According to 6Wresearch, the Indonesia Eyewear market size is likely to witness growth during 2022-28. Eyewear brands are popular among young people and tourists in Indonesia. In addition, some Indonesian fashion designers have started to design eyewear collections. The major factors driving the growth of the Indonesian eyewear market are increasing demand from the middle class population for stylish and affordable eyewear, growing popularity of sunglasses among women and men, and increasing investments by domestic and international companies in the country's eyewear industry. However, the country's eyewear market is currently facing several challenges. One such challenge is that there are not enough qualified professionals in the eyewear industry. Another challenge is that there are not enough retail outlets selling eyewear products. And finally, there are too few players in the eyewear market. These challenges will need to be overcome if Indonesia wants to take advantage of its growing eyewear market.

Market Analysis By Product Type

In terms of product type, the market is categorized into spectacles, sunglasses, contact lenses and others. Currently, the spectacles accounts for the highest market share. The main drivers of the eyewear market are the increasing demand for sunglasses and corrective lenses in the country, as well as the increasing prevalence of eye diseases such as cataracts and glaucoma. However, some challenges that the eyewear market in Indonesia faces include a lack of awareness about the benefits of wearing eyeglasses, limited access to quality eyeglasses, and a lack of skilled professionals to provide eyewear services.

Market Analysis By Competitive Landscape

The eyewear market in Indonesia is dominated by a few international brands. These companies have leveraged their global brand names to gain a foothold in one of Asia’s fastest-growing economies. They are also investing aggressively to expand their business operations into new geographies such as China and India. This competition has forced domestic players to focus on improving their offerings and expanding their product range to better compete against international brands. Additionally, niche players are expected to benefit from the growing demand for designer eyewear, while major brands are likely to face competition from lower-cost online players. Regulations related to safety and environmental issues are also expected to support the market growth over the next few years.

COVID-19 Influence on the Indonesia Eyewear Market

The occurrence of Covid-19 pandemic has resulted in a stoppage in past. However, the market has recuperated gradually. Currently, the market has tremondous growth opportunities. However, there are several potential growth drivers for the eyewear market in Indonesia such as increasing disposable income levels, growing demand from female consumers, and upgrading preferences among consumers. Moreover, with technological advancements and an increase in online shopping opportunities, the eyewear market is expected to grow rapidly across all geographies.

Key Attractiveness of the Report

  • COVID-19 Influence on the Market Dynamics.
  • 10 Years of Market Data.
  • Historical Numbers from 2018 to 2021.
  • Base Year: 2021
  • Market Forecast Data Until 2028
  • Key Performance Indicators Influencing the Market.
  • Key Developments and Projects.

Key Highlights of the Report:

  • Indonesia Eyewear Market Overview
  • Indonesia Eyewear Market Outlook
  • Indonesia Eyewear Market Forecast
  • Indonesia Eyewear Market Size and Indonesia Eyewear Market Forecast until 2025
  • Indonesia Eyewear Market Share, By End-user
  • Indonesia Eyewear Market Share, By Product
  • Indonesia Eyewear Market Share, By Distribution Channels
  • Indonesia Eyewear Market Share, By Region
  • Historical Data of Indonesia Eyewear Market Revenues and Volume for the period, 2018-2021
  • Market size and Forecast of Indonesia Eyewear Market Revenues and Volume until 2025
  • Historical Data of Indonesia Eyewear Market Revenues and Volume, By End-user, for the Period 2018-2021
  • Market size and Forecast of Indonesia Eyewear Market Revenues and Volume, By End-user, until 2025
  • Historical Data of Indonesia Eyewear Market Revenues and Volume, By Product, for the Period 2018-2021
  • Market size and Forecast of Indonesia Eyewear Market Revenues and Volume, By Product, until 2025
  • Historical Data of Indonesia Eyewear Market Revenues and Volume, By Distribution Channels, for the Period 2018-2021
  • Market size and Forecast of Indonesia Eyewear Market Revenues and Volume, By Distribution Channels, until 2025
  • Historical Data of Indonesia Eyewear Market Revenues and Volume, By Region, for the Period 2018-2021
  • Market size and Forecast of Indonesia Eyewear Market Revenues and Volume, By Region, until 2025
  • Indonesia Eyewear Market Drivers and Restraints
  • Indonesia Eyewear Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Indonesia Eyewear Market Opportunity Assessment
  • Indonesia Eyewear Market Revenue Share, By Company
  • Indonesia Eyewear Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The report delivers a widespread study of the subsequent market segments:

By Product

  • Spectacles
  • Sunglasses
  • Contact Lenses
  • Others 

By End-user

  • Male
  • Female
  • Unisex

By Distribution Channels

  • Online
  • Offline
Frequently Enquired Queries Regarding the Market Study: FAQs

1). Which product type accounts for the maximum market share in the Indonesia Eyewear Market?

The spectacles accounts for the maximum market share in the Indonesia Eyewear market.

2). Does the report include the impression of COVID-19?

Yes, the report includes the stimulus of COVID-19.

3). Which end user is predictable to register the highest growth rate?

The male category is projected to record the highest share in future.

4). What are the critical factors which are increasing the market demand?                                                

The growth of the market is attributed to the increasing demand for sunglasses and corrective lenses in the country.

5). What are the major challenges in the Indonesia Eyewear Market?                                                    

Few challenges are there are not enough qualified professionals in the eyewear industry. Another challenge is that there are not enough retail outlets selling eyewear products.

1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of The Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Indonesia Eyewear Market Overview
3.1. Indonesia Eyewear Market Revenues, 2018-2028F
3.2. Indonesia Eyewear Market Revenue Share, By End-users, 2021 & 2028F
3.3. Indonesia Eyewear Market Revenue Share, By-Products, 2021 & 2028F
3.4. Indonesia Eyewear Market Revenue Share, By Distribution Channels, 2021 & 2028F
3.5. Indonesia Eyewear Market Revenue Share, By Regions, 2021 & 2028F
3.6. Indonesia Eyewear Market Industry Life Cycle
3.7. Indonesia Eyewear Market- Porter’s Five Forces
4. Indonesia Eyewear Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Indonesia Eyewear Market Trends
6. Indonesia Eyewear Market Overview, By End-Users
6.1. Indonesia Eyewear Market Revenues, By Men, 2018-2028F
6.2. Indonesia Eyewear Market Revenues, By Women, 2018-2028F
6.3. Indonesia Eyewear Market Revenues, By Unisex, 2018-2028F
7. Indonesia Eyewear Market Overview, By-Products
7.1. Indonesia Eyewear Market Revenues, By Sunglasses, 2018-2028F
7.2. Indonesia Eyewear Market Revenues, By Spectacles, 2018-2028F
7.3. Indonesia Eyewear Market Revenues, By Contact Lenses, 2018-2028F
7.4. Indonesia Eyewear Market Revenues, By Others, 2018-2028F
8. Indonesia Eyewear Market Overview, By Distribution Channels
8.1. Indonesia Eyewear Market Revenues, By Online, 2018-2028F
8.2. Indonesia Eyewear Market Revenues, By Offline, 2018-2028F
9. Indonesia Eyewear Market Overview, By Region
9.1. Indonesia Eyewear Market Revenues, By Region, 2018-2028F
10. Indonesia Eyewear Market Key Performance Indicators
11. Indonesia Eyewear Market Opportunity Assessment
11.1. Indonesia Eyewear Market, Opportunity Assessment, By Product, 2028F
11.2. Indonesia Eyewear Market, Opportunity Assessment, By Region, 2028F
12. Indonesia Eyewear Market Competitive Landscape
12.1. Indonesia Eyewear Market Competitive Benchmarking, By Product
12.2. Indonesia Eyewear Market Revenue Share, By Company, 2021
13. Company Profiles
14. Key Strategic Recommendations
15. Disclaimer
 

Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline) and competitive landscape

Product Code: ETC003428 Publication Date: Aug 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Indonesia Eyewear Market is expected to register growth during the forecast period 2020-26F owing to rising adoption of eyewear products as fashionable accessories coupled with increased awareness regarding eye-protection coupled with an increase in the geriatric population with age-related eye vision problems and is expected to drive considerable demand for eyewear products. Moreover, increasing fashion trends and rising trends amongst the population of the country to emulate the styles of celebrities is anticipated to proliferate the market growth of the Indonesia eyewear market in the near future. 

According to 6Wresearch, Indonesia Eyewear Market is anticipated to witness growth during the forecast period 2020-26F. The spread of COVID-19 is expected to contribute towards the decline of the Indonesia eyewear market on the back of disturbances in the supply chain and consequent disruptions in the operations in the lockdown period in the country. Moreover, owing to a substantial dip in the revenues is leading to heavy financial losses to the industry coupled with disruption in the foreign trade is expected to lead to a decline in the market value of the Indonesia eyewear market during 2020.

On the basis of distribution channels, online distribution channels are expected to garner the highest revenues in the overall Indonesia eyewear market backed by the rising access to e-commerce sites along with attractive discount offers provided by many top eyewear brands over their official e-shopping portal. Also, a spur in the home services such as home eye testing, free trial of products, and delivery of the finished product at home is instigating many consumers to shift towards online shopping methods and would assist the Indonesia eyewear market witness potential growth in the coming years.

The Indonesia Eyewear report thoroughly covers the market by End-user, Product, and by Distribution Channels. Indonesia Eyewear outlook report provides an unbiased and detailed analysis of the on-going Indonesia 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:

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

Markets Covered

The Indonesia 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

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