Market Forecast By Product Type (Prescription glasses/spectacles, Sunglasses, Contact lenses), By Mode of Sale (Retail stores, Online stores), By End User (Men, Women) And Competitive Landscape
Product Code: ETC369630 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
According to 6Wresearch internal database and industry insights, the Vietnam Eyewear Market is projected to grow at a Compound Annual Growth Rate of 8.5% from 2025 to 2031.The market rising demand for vision correction and fashion-oriented eyewear fuelled by increasing urbanization and disposable incomes.
Report Name | Vietnam Eyewear Market |
CAGR | 8.5% |
Growing Sector | Fashion and Eyecare |
Forecast Period | 2025–2031 |
Vietnam Eyewear Market report thoroughly covers the market by product, end-user and distribution channels. The market report provides an unbiased and detailed analysis of the ongoing market 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.
Vietnam Eyewear Market is gaining significant momentum, propelled by heightened vision care needs, fashion-forward consumer attitudes, and rising disposable incomes. Rising Urban development and exposure to global fashion trends are fostering demand for stylish yet functional eyewear. While leading Multinational brands cater to the high-end segment, domestic producers focus on delivering affordable solutions to mass markets. E- commerce is playing a important role in distribution, offering customers streamlined access to eyewear products that balance practicality, quality, and aesthetic appeal.
The Vietnam Eyewear Market is anticipated to grow at a CAGR of 8.5% during the forecast period 2025-2031. The growth of the Vietnam Eyewear Market is driven by the increasing occurrence of vision problems linked to the amount of screen time on digital devices, higher disposable incomes, and a consumer inclination towards eyewear with a more fashion-based element. In addition to awareness of eye health by the public through campaigns, and healthier access to treatment, products such as blue-light-blocking lenses, anti-reflective coatings, and prescription sunglasses are most favoured among younger consumers, too.
The Vietnam Eyewear Market faces several challenges that impact access to its quality products. Limited access to quality eye care services in rural areas hinders market penetration. The prices of premium eyewear products reduce affordability and access for many consumers. Also, counterfeit and low-quality products can negatively impact consumer trust and brand reputation. Lastly, there are inconsistencies in regulations and weak enforcement of product standards that obstruct market growth, as well as efforts to protect consumers.
Key trends shaping the Vietnam Eyewear Industry include the rising popularity of fashion-forward designs, especially among younger consumers influenced by global style and social media. Sustainable eyewear made from recycled or biodegradable materials is gaining attention. Technological advancements such as virtual try-on tools, AI-driven product recommendations, and customized lenses are enhancing the consumer experience. The strong shift toward online shopping platforms is accelerating digital sales, offering brands the opportunity to connect directly with tech-savvy customers and expand their market presence.
Investors have significant opportunities in the mid-priced eyewear segment, which is driven by a combination of functionality and style, offering substantial growth potential. Additionally, the future growth outlook for e-commerce indicates considerable opportunities, particularly as consumers in smaller towns and rural areas increasingly adopt online purchasing. Furthermore, the market for smart eyewear, including fitness trackers and augmented reality devices, is expected to expand, catering to the evolving demands of tech-savvy customers.
Global and domestic companies serve the Vietnam eyewear market. Premium products come from international brands with cutting-edge technology, while local firms provide budget-friendly eyewear for everyday use. These segments are enhancing their e-commerce presence to capture evolving consumer preferences. Market rivalry fuels innovation, strategic marketing, and customer-focused initiatives.
According to Vietnamese Government data, Vietnamese government campaigns promote understanding of eye health, particularly among school-aged children and working adults. Regulations pertaining to eyewear include required product safety standards, quality, and labelling, grouped under the same laws as those applied to manufacturers and suppliers. The import duties applied to select eyewear products encourage local manufacturing. Counterfeit goods within the optical industry remain a problem, as does the licensing of the optical service providers.
The Vietnam Eyewear Market is expected to continue to grow due to rising levels of health awareness, fashion choices, and greater access to the services provided by vision care businesses. Alongside prescription lenses, sunglasses and stylish designer frames will see increasing demand. Advanced technology enhancements like AR-enabled shopping and new smart eyewear formats and services will likely reimagine consumer engagement. The expanding e-commerce sector offers convenience and affordability, enabling brands to capitalize on emerging opportunities and increase their Vietnam Eyewear Market Share in this dynamic industry.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Ritika Kalra, Senior Research Analyst at 6Wresearch, The Prescription Glasses/Spectacles segment dominates the Vietnam Eyewear Market, driven by the increasing prevalence of vision correction needs and growing health awareness among consumers.
The Retail Stores segment holds the largest market share, as many consumers prefer in-person consultations and fittings, although online sales are rapidly gaining traction.
The Women segment leads the market due to higher fashion consciousness and demand for a variety of eyewear styles, including both functional and trendy options.
The Market report covers a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Eyewear Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Eyewear Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Eyewear Market - Industry Life Cycle |
3.4 Vietnam Eyewear Market - Porter's Five Forces |
3.5 Vietnam Eyewear Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Eyewear Market Revenues & Volume Share, By Mode of Sale, 2021 & 2031F |
3.7 Vietnam Eyewear Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Vietnam Eyewear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about eye health and the importance of wearing eyewear |
4.2.2 Growing disposable income leading to higher spending on fashion accessories like eyewear |
4.2.3 Rise in the prevalence of vision-related issues and eye diseases in Vietnam |
4.3 Market Restraints |
4.3.1 Presence of counterfeit eyewear products affecting the market reputation |
4.3.2 Lack of access to eye care services in rural areas limiting market growth |
4.3.3 Price sensitivity among consumers impacting the adoption of higher-priced eyewear brands |
5 Vietnam Eyewear Market Trends |
6 Vietnam Eyewear Market Segmentations |
6.1 Vietnam Eyewear Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Eyewear Market Revenues & Volume, By Prescription glasses/spectacles, 2021 - 2031F |
6.1.3 Vietnam Eyewear Market Revenues & Volume, By Sunglasses, 2021 - 2031F |
6.1.4 Vietnam Eyewear Market Revenues & Volume, By Contact lenses, 2021 - 2031F |
6.2 Vietnam Eyewear Market, By Mode of Sale |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Eyewear Market Revenues & Volume, By Retail stores, 2021 - 2031F |
6.2.3 Vietnam Eyewear Market Revenues & Volume, By Online stores, 2021 - 2031F |
6.3 Vietnam Eyewear Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Eyewear Market Revenues & Volume, By Men, 2021 - 2031F |
6.3.3 Vietnam Eyewear Market Revenues & Volume, By Women, 2021 - 2031F |
7 Vietnam Eyewear Market Import-Export Trade Statistics |
7.1 Vietnam Eyewear Market Export to Major Countries |
7.2 Vietnam Eyewear Market Imports from Major Countries |
8 Vietnam Eyewear Market Key Performance Indicators |
8.1 Number of optometry clinics and eye care centers in Vietnam |
8.2 Percentage of population using corrective eyewear |
8.3 Growth in the average spending on eyewear per capita |
8.4 Adoption rate of innovative eyewear technologies |
8.5 Number of partnerships between eyewear brands and healthcare providers for eye health awareness campaigns |
9 Vietnam Eyewear Market - Opportunity Assessment |
9.1 Vietnam Eyewear Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Eyewear Market Opportunity Assessment, By Mode of Sale, 2021 & 2031F |
9.3 Vietnam Eyewear Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Vietnam Eyewear Market - Competitive Landscape |
10.1 Vietnam Eyewear Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Eyewear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |