PROSPECTS AND OPPORTUNITIES
Positive performance driven by young myopic sufferers and brands launching innovative new spectacle options
The outlook for spectacles in Singapore is positive, with both value and volume sales set to continue growing over the forecast period. The category’s performance will be driven by continuous innovation from various players, enhancing both the wearing experience and the aesthetic appeal of eyewear.
Rising environmental concerns to drive sustainable initiatives in spectacles
Over the forecast period, sustainability is set to become increasingly important in the development of spectacles in Singapore. The category, which primarily uses plastic as its main material, will see a rise in eco-friendly innovations to address rising concerns over the impact of plastic waste on the environment.
Omnichannel strategies essential to expand consumer reach
Omnichannel strategies will continue to be a crucial approach to eyewear distribution in Singapore. For spectacles, optical goods stores will remain vital, providing personalised measuring services and the opportunity for customers to try on frames in person.
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Overview:
Understand the latest market trends and future growth opportunities for the Spectacles industry in Singapore 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 Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Spectacles in Singapore report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Spectacles in Singapore?
- How are sales of contact lenses performing compared to spectacles?
- Which are the leading brands in Spectacles in Singapore?
- How are products distributed in Spectacles in Singapore?
- How are demographic changes impacting demand?
- To what extent are fashion and consumer affluence growth determinants?
- Where is future growth expected to be most dynamic?
Spectacles in Singapore - Category analysis
KEY DATA FINDINGS
Overall demand continues to rise, driven by fashion trends, safety concerns and hybrid working models
EssilorLuxottica retains lead but faces pressure from more affordable competitors
Demographic trends and rising number of brands offer potential for myopia control spectacle lenses
Positive performance driven by young myopic sufferers and brands launching innovative new spectacle options
Rising environmental concerns to drive sustainable initiatives in spectacles
Omnichannel strategies essential to expand consumer reach
Eyewear in Singapore - Industry Overview
Eyewear in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for eyewear?
DISCLAIMER
The following categories and subcategories are included:
Spectacles
- Readymade Reading Glasses
- Spectacle Frames
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- Standard Spectacle Lenses
- Myopia Control Spectacle Lenses
Spectacles
This is the aggregation of spectacle frames, spectacle lenses and readymade reading glasses.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Spectacles research and analysis database.
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