Driven largely by demographic trends, changing retail strategies, and changing consumer expectations, the Australian spectacles market is expected to keep growing over the forecast period. Spectacles are increasingly being seen as both a medical need and a lifestyle and fashion accessory due to the ageing of the population, higher screen usage and an increase in myopia prevention awareness.
Spexcycle is a pioneer recycling initiative launched in Australia by Circular Eyewear in November 2024, that aims to collect, process, and repurpose discarded frames into new eyewear products. At the same time, it makes alliances with practices, so that they become the physical network through which it can collect these frames.
In 2024, photochromic technology increased its presence in Australia's eyewear market with two new launches. Transitions GEN S launched in August 2024, including ultra-dynamic light adaptation, faster fade-back time, and additional colour options, enhancing both function and style.
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Understand the latest market trends and future growth opportunities for the Spectacles industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Spectacles industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Spectacles
This is the aggregation of spectacle frames, spectacle lenses and readymade reading glasses.
See all of our definitionsThis report originates from Passport, our Spectacles research and analysis database.
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