Vietnam Eyewear Market (2024-2030) Outlook | Companies, Growth, Analysis, Forecast, Value, Revenue, Size, Share, Trends & Industry

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: Apr 2024 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Eyewear Market Competition 2023


Vietnam Export Potential Assessment For Eyewear Market (Values in Thousand)


Vietnam Eyewear Market Synopsis

The Vietnam eyewear market encompasses a wide range of eyeglasses and sunglasses. The market is driven by factors such as vision correction needs, fashion trends, and increasing eye health awareness. Eyewear is not only seen as a vision aid but also a fashion accessory, contributing to its continued growth.

Drivers of the Market

The Vietnam Eyewear market is on the rise, mainly due to changing demographics and lifestyle factors. The aging population, along with the increased use of digital screens, has led to a higher prevalence of vision problems, boosting the demand for eyewear products. Moreover, fashion consciousness and the desire for trendy eyewear styles are driving market growth. The availability of a wide range of eyewear options, including prescription glasses, sunglasses, and contact lenses, is further fueling consumer interest in the eyewear market.

Challenges of the Market

Challenges in the eyewear market include competition from international brands and the need for affordable eyewear options. Ensuring that eyeglasses meet prescription needs and fashion preferences while remaining affordable to a broad demographic is a constant balancing act for market players.

COVID-19 Impact on the Market

The Vietnam eyewear market, which includes prescription glasses, sunglasses, and contact lenses, experienced a shift in consumer behavior during the COVID-19 pandemic. With the increased use of digital devices for remote work and online education, there was a rise in eye strain and related vision issues. This drove demand for prescription eyewear. However, the market for fashion eyewear, including sunglasses, faced challenges as consumers reduced discretionary spending on non-essential items. As the pandemic evolved, there was a gradual recovery in the eyewear market as people recognized the importance of eye health and style.

Key Players in the Market

The Vietnam eyewear market is influenced by both international brands like Luxottica, EssilorLuxottica, and local manufacturers such as Phuong Hoang and Dai Cat. These companies offer a variety of eyewear products, including glasses and sunglasses.

Key Highlights of the Report:

  • Vietnam Eyewear Market Outlook
  • Market Size of Vietnam Eyewear Market, 2023
  • Forecast of Vietnam Eyewear Market, 2030
  • Historical Data and Forecast of Vietnam Eyewear Revenues & Volume for the Period 2020-2030
  • Vietnam Eyewear Market Trend Evolution
  • Vietnam Eyewear Market Drivers and Challenges
  • Vietnam Eyewear Price Trends
  • Vietnam Eyewear Porter's Five Forces
  • Vietnam Eyewear Industry Life Cycle
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By Product Type for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By Prescription glasses/spectacles for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By Sunglasses for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By Contact lenses for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By Mode of Sale for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By Retail stores for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By Online stores for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By End User for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By Men for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Eyewear Market Revenues & Volume By Women for the Period 2020-2030
  • Vietnam Eyewear Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Mode of Sale
  • Market Opportunity Assessment By End User
  • Vietnam Eyewear Top Companies Market Share
  • Vietnam Eyewear Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Eyewear Company Profiles
  • Vietnam Eyewear Key Strategic Recommendations
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