Sri Lanka Eyewear Market (2020-2026) | Size, Analysis, Forecast, Trends, Revenue, Value, industry, Outlook & COVID-19 IMPACT

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

Product Code: ETC003441 Publication Date: Mar 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Latest 2023 Development of the Sri Lanka Eyewear Market

Sri Lanka Eyewear Market is forecast to register massive growth with the increasing population, rising disposable income, and ageing population as older people require corrective eyewear to improve their vision. Additionally, changing consumer preferences in Sri Lanka and advancements in eyewear technology are also contributing to the growth of the eyewear market in Sri Lanka. The government is investing in the development of its healthcare industry, which is helping to raise awareness about the importance of eye health and driving demand for eyewear products. The launch of online platforms makes it easier for consumers to purchase glasses and contact lenses.

Moreover, there has been a growing demand for premium eyewear and many companies are now offering high-end glasses and sunglasses to cater to this demand. There is a growing awareness of sustainability issues in Sri Lanka, and many eyewear companies are now focusing on eco-friendly materials and production processes. Some eyewear companies in Sri Lanka are partnering with healthcare providers to offer vision screening services to consumers which is encouraging the importance of early detection of vision problems. Further, investment in technology such as 3D printing and virtual try-on tools by many eyewear companies improves the customer experience and streamlines production processes. Overall, the demand for Sri Lanka Eyewear Industry is expected to further proliferate in the forthcoming years owing to several growth factors such as rising disposable income, increasing geriatric population, and growing fashion consciousness among consumers. 

Sri Lanka Eyewear Market Synopsis

The Sri Lanka Eyewear market is expected to register growth during the forecast period 2020-26F on the back of an increase in the use of augmented consumption of luxurious sunglasses range and other eyewear commodities. Further, rising discretionary spending on eyewear coupled with enhanced preferences of the consumers for best-in-style eyewear products backed by advanced fashion sense is expected to proliferate the growth of the Sri Lanka eyewear market in the upcoming six years. However, the rising popularity of refractive surgeries and laser-insisted (LASIK) vision correction advancements in the eyewear industry is likely to limit the growth of the Sri Lanka eyewear market in the near term. 

According to 6Wresearch, Sri Lanka 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 Sri Lanka eyewear market on the back of disturbances in the supply chain and consequent disruptions in operations during the lockdown period in the country. Moreover, owing to a substantial dip in revenues is leading to heavy financial losses to the industry coupled with disruption in normal business activities is expected to lead to a decline in the market value of the Sri Lanka eyewear market.

On the basis of products, the eyeglasses domain of the overall Sri Lanka 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 eyeglasses is much lower than soft contact lenses and is hence, expected to drive significant demand projections for eyeglasses in Sri Lanka in the near future. 

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

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

Markets Covered

The Sri Lanka 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
Sri Lanka Eyewear Market: FAQs
The increasing prevalence of eye disorders, the rising disposable income, and the growing fashion consciousness among consumers.
The main distribution channels for eyewear in Sri Lanka are online and offline which include retail stores, e-commerce platforms, and clinic dispensaries.
The increasing adoption of digital technologies, the rising popularity of eco-friendly eyewear, and the growth of the online eyewear market.
The COVID-19 pandemic has had a mixed impact on the eyewear market. Due to lockdowns and reduced consumer spending, the market is expected to decline. On the other hand, the market is expected to recover in the coming years due to the increasing demand for eyewear due to increased screen time and digital work.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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. Sri Lanka Eyewear Market Overview
3.1. Sri Lanka Eyewear Market Revenues, 2016-2026F
3.2. Sri Lanka Eyewear Market Revenue Share, By End-users, 2019 & 2026F
3.3. Sri Lanka Eyewear Market Revenue Share, By-Products, 2019 & 2026F
3.4. Sri Lanka Eyewear Market Revenue Share, By Distribution Channels, 2019 & 2026F
3.5. Sri Lanka Eyewear Market Revenue Share, By Regions, 2019 & 2026F
3.6. Sri Lanka Eyewear Market Industry Life Cycle
3.7. Sri Lanka Eyewear Market- Porter’s Five Forces
4. Sri Lanka Eyewear Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Sri Lanka Eyewear Market Trends
6. Sri Lanka Eyewear Market Overview, By End-Users
6.1. Sri Lanka Eyewear Market Revenues, By Men, 2016-2026F
6.2. Sri Lanka Eyewear Market Revenues, By Women, 2016-2026F
6.3. Sri Lanka Eyewear Market Revenues, By Unisex, 2016-2026F
7. Sri Lanka Eyewear Market Overview, By-Products
7.1. Sri Lanka Eyewear Market Revenues, By Sunglasses, 2016-2026F
7.2. Sri Lanka Eyewear Market Revenues, By Spectacles, 2016-2026F
7.3. Sri Lanka Eyewear Market Revenues, By Contact Lenses, 2016-2026F
7.4. Sri Lanka Eyewear Market Revenues, By Others, 2016-2026F
8. Sri Lanka Eyewear Market Overview, By Distribution Channels
8.1. Sri Lanka Eyewear Market Revenues, By Online, 2016-2026F
8.2. Sri Lanka Eyewear Market Revenues, By Offline, 2016-2026F
9. Sri Lanka Eyewear Market Overview, By Region
9.1. Sri Lanka Eyewear Market Revenues, By Region, 2016-2026F
10. Sri Lanka Eyewear Market Key Performance Indicators
11. Sri Lanka Eyewear Market Opportunity Assessment
11.1. Sri Lanka Eyewear Market, Opportunity Assessment, By Product, 2025F
11.2. Sri Lanka Eyewear Market, Opportunity Assessment, By Region, 2025F
12. Sri Lanka Eyewear Market Competitive Landscape
12.1. Sri Lanka Eyewear Market Competitive Benchmarking, By Product
12.2. Sri Lanka Eyewear Market Revenue Share, By Company, 2019
13. Company Profiles
14. Key Strategic Recommendations
15. Disclaimer

India Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Thailand Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Malaysia Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Singapore Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Indonesia Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Philippines Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Vietnam Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Bangladesh Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Cambodia Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Myanmar Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

Australia Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), and by the competitive landscape

North America Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (US, Canada) and competitive landscape

Latin America Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (Mexico, Brazil, Argentina) and competitive landscape

Europe Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-user (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Country ( and competitive landscape

Asia Pacific (APAC)  Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-User (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (China, Malaysia, India, Japan, Indonesia, Australia, Thailand &Rest Of Asia Pacific) And Competitive Landscape

Middle East  Eyewear Market (2020-2026): Market Forecast By Product (Spectacles, Sunglasses, Contact Lenses & Others), By End-User (Male, Female, Unisex), By Distribution Channels (Online, Offline), By Countries (Qatar, Oman, UAE, Kuwait, Bahrain, Saudi Arabia, Turkey & Rest Of Middle East) And Competitive Landscape

Africa  Eyewear Market (2020-2026): Market Forecast 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) And Competitive Landscape

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All