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: ETC003439 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Saudi Arabia 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 against harmful UV rays of the sun which is . is further, anticipated to boost the growth of Saudi Arabia eyewear market in the coming years. The launch of eye-friendly contact lenses that provide comfort and freedom to carry day-long activities coupled with an increase in the geriatric population with age-related eye vision problems are expected to drive considerable demand projections for eyewear products in Saudi Arabia in the upcoming six years.
According to 6Wresearch, Saudi Arabia 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 Saudi Arabia 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 normal business activities is expected to lead to a decline in the market value of the Saudi Arabia eyewear market.
On the basis of products, the sunglasses domain of the overall Saudi Arabia eyewear market is expected to witness the highest growth during the projected period 2020-26F backed by rising trends of fashion statement amongst the millennial population coupled with innovative designs of luxurious sunglasses introduced by top eyewear brands with increased comfort. Moreover, the introduction of various features in sunglasses such as the latest shapes, colors, and wide range is expected to trigger the market demand for premium and branded sunglasses in Saudi Arabia in the coming years.
The Saudi Arabia Eyewear report thoroughly covers the market by End-user, Product, and Distribution Channels. Saudi Arabia Eyewear outlook report provides an unbiased and detailed analysis of the on-going Saudi Arabia 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.
Saudi Arabia Eyewear Market is expected to register growth during the forecast period 2020-26F on the back of increasing instances of vision disorders which is leading to increased adoption of eye glasses. Moreover, the rising adoption of eyewear products as fashion accessories is further, anticipated to boost the growth of Saudi Arabia eyewear market in the coming years. The launch of eye-friendly contact lenses which provide comfort and freedom to carry day-long activities coupled with an increase in the geriatric population with age-related eye vision problems are expected to drive considerable demand projections for eyewear products in Saudi Arabia in the upcoming six years. On the basis of products, eye glasses domain of the overall Saudi Arabia eyewear market is expected to witness the highest growth during the projected period 2020-26F backed by rising exposure of the population towards laptops, mobile phones, and tablets which is leading to an increase in the eye-related defects and is contributing to increased adoption of contact glasses. The purchasing cost of eye glasses is much lower than soft contact lenses and is hence, expected to drive significant demand projections for eye glasses in Saudi Arabia in the near future.
Key Highlights of the Report:
Markets Covered
The Saudi Arabia Eyewear Market report provides a detailed analysis of the following market segments:
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. Saudi Arabia Eyewear Market Overview |
3.1. Saudi Arabia Eyewear Market Revenues, 2016-2026F |
3.2. Saudi Arabia Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
3.3. Saudi Arabia Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
3.4. Saudi Arabia Eyewear Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.5. Saudi Arabia Eyewear Market Revenue Share, By Regions, 2019 & 2026F |
3.6. Saudi Arabia Eyewear Market Industry Life Cycle |
3.7. Saudi Arabia Eyewear Market- Porter’s Five Forces |
4. Saudi Arabia Eyewear Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Saudi Arabia Eyewear Market Trends |
6. Saudi Arabia Eyewear Market Overview, By End-Users |
6.1. Saudi Arabia Eyewear Market Revenues, By Men, 2016-2026F |
6.2. Saudi Arabia Eyewear Market Revenues, By Women, 2016-2026F |
6.3. Saudi Arabia Eyewear Market Revenues, By Unisex, 2016-2026F |
7. Saudi Arabia Eyewear Market Overview, By-Products |
7.1. Saudi Arabia Eyewear Market Revenues, By Sunglasses, 2016-2026F |
7.2. Saudi Arabia Eyewear Market Revenues, By Spectacles, 2016-2026F |
7.3. Saudi Arabia Eyewear Market Revenues, By Contact Lenses, 2016-2026F |
7.4. Saudi Arabia Eyewear Market Revenues, By Others, 2016-2026F |
8. Saudi Arabia Eyewear Market Overview, By Distribution Channels |
8.1. Saudi Arabia Eyewear Market Revenues, By Online, 2016-2026F |
8.2. Saudi Arabia Eyewear Market Revenues, By Offline, 2016-2026F |
9. Saudi Arabia Eyewear Market Overview, By Region |
9.1. Saudi Arabia Eyewear Market Revenues, By Region, 2016-2026F |
10. Saudi Arabia Eyewear Market Key Performance Indicators |
11. Saudi Arabia Eyewear Market Opportunity Assessment |
11.1. Saudi Arabia Eyewear Market, Opportunity Assessment, By Product, 2025F |
11.2. Saudi Arabia Eyewear Market, Opportunity Assessment, By Region, 2025F |
12. Saudi Arabia Eyewear Market Competitive Landscape |
12.1. Saudi Arabia Eyewear Market Competitive Benchmarking, By Product |
12.2. Saudi Arabia Eyewear Market Revenue Share, By Company, 2019 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |