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
Product Code: ETC003400 | Publication Date: Mar 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United Kingdom Eyewear Market is anticipated to grow over the years on the back of growing awareness among people about the importance of maintaining good eye health, which has led to an increased demand for eyewear products such as prescription glasses and contact lenses. Additionally, people are increasingly purchasing eyewear products to enhance their personal style and make a fashion statement. Moreover, technological advancements in eyewear products such as digital lenses, and polarized lenses have increased the convenience of wearing glasses and sunglasses. This drives the demand for the eyewear market in the United Kingdom.
With the increasing geriatric population, there is a higher demand for eyewear products such as prescription glasses for age-related vision problems. The growth of e-commerce and online sales has made it easier for consumers to purchase eyewear products from the comfort of their homes, leading to increased sales and market growth. Moreover, the increasing screen time due to remote work and online learning has resulted in the growing demand for blue light glasses that are designed to reduce eye strain and improve sleep quality. The future of the eyewear industry in the United Kingdom is expected to show positive signs of growth owing to the growing popularity of online sales and increasing interest in eco-friendly options.
The United Kingdom Eyewear market is expected to register potential growth during the forecast period 2020-26F on the back of an increase in the premium optimization of eyewear products coupled with the introduction of classic and lucrative designs of eyewear products which are anticipated to drive demand for the latest designs of eyewear in the near future in the country. Further, rising consumer consciousness regarding the image and style of eyewear products is expected to proliferate the growth of the United Kingdom's eyewear market in the upcoming six years. Moreover, rising concerns for quality products for vision correction coupled with rising brand consciousness amongst consumers is likely to benefit the growth of the United Kingdom eyewear market.
According to 6Wresearch, the United Kingdom 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 United Kingdom 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 United Kingdom eyewear market in the coming years.
On the basis of product, sunglasses are anticipated to dominate the revenue share in the overall market in the coming years owing to rising fashion statements amongst the young population in the country coupled with changing climatic conditions due to which the need for eye protection is rising. Further, the introduction of various trends in sunglasses is drawing the attention of the millennial population towards the adoption of sunglasses and would proliferate the growth of the US eyewear market in the upcoming six years.
The United Kingdom Eyewear report thoroughly covers the market by End-user, Product, and Distribution Channels. United Kingdom Eyewear outlook report provides an unbiased and detailed analysis of the ongoing United Kingdom 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.
On the back of the increase, rising consumer consciousness regarding the image and style of eyewear products along with an increase in the middle-class population which is leading to increased consumer spending on fashion statements and would proliferate potential demand projections for eyewear products in the United Kingdom in the coming years is expected to shape the competitive market landscape of the United Kingdom eyewear market in the coming time zone and lead to an escalated market value in the impending period. Moreover, rising concerns for quality products for vision correction coupled with rising brand consciousness amongst consumers is likely to benefit the growth of the United Kingdom eyewear market.
The United Kingdom 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. United Kingdom Eyewear Market Overview |
3.1. United Kingdom Eyewear Market Revenues, 2016-2026F |
3.2. United Kingdom Eyewear Market Revenue Share, By End-users, 2019 & 2026F |
3.3. the United Kingdom Eyewear Market Revenue Share, By-Products, 2019 & 2026F |
3.4. United Kingdom Eyewear Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.5. United Kingdom Eyewear Market Revenue Share, By Regions, 2019 & 2026F |
3.6. United Kingdom Eyewear Market Industry Life Cycle |
3.7. United Kingdom Eyewear Market- Porter’s Five Forces |
4. United Kingdom Eyewear Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. United Kingdom Eyewear Market Trends |
6. United Kingdom Eyewear Market Overview, By End-Users |
6.1. United Kingdom Eyewear Market Revenues, By Men, 2016-2026F |
6.2. United Kingdom Eyewear Market Revenues, By Women, 2016-2026F |
6.3. United Kingdom Eyewear Market Revenues, By Unisex, 2016-2026F |
7. United Kingdom Eyewear Market Overview, By-Products |
7.1. United Kingdom Eyewear Market Revenues, By Sunglasses, 2016-2026F |
7.2. United Kingdom Eyewear Market Revenues, By Spectacles, 2016-2026F |
7.3. United Kingdom Eyewear Market Revenues, By Contact Lenses, 2016-2026F |
7.4. United Kingdom Eyewear Market Revenues, By Others, 2016-2026F |
8. United Kingdom Eyewear Market Overview, By Distribution Channels |
8.1. United Kingdom Eyewear Market Revenues, By Online, 2016-2026F |
8.2. United Kingdom Eyewear Market Revenues, By Offline, 2016-2026F |
9. United Kingdom Eyewear Market Overview, By Region |
9.1. United Kingdom Eyewear Market Revenues, By Region, 2016-2026F |
10. United Kingdom Eyewear Market Key Performance Indicators |
11. the United Kingdom Eyewear Market Opportunity Assessment |
11.1. United Kingdom Eyewear Market, Opportunity Assessment, By Product, 2025F |
11.2. United Kingdom Eyewear Market, Opportunity Assessment, By Region, 2025F |
12. the United Kingdom Eyewear Market Competitive Landscape |
12.1. United Kingdom Eyewear Market Competitive Benchmarking, By Product |
12.2. United Kingdom Eyewear Market Revenue Share, By Company, 2019 |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |