PROSPECTS AND OPPORTUNITIES
Heightened awareness of eye health and demand for fashion accessories is set to support growth
Sales of sunglasses are projected to experience strong double-digit growth over the forecast period. Increasing disposable incomes, rising fashion consciousness, and a heightened awareness of eye health will drive this growth.
Sustainability is set to a crucial focus of players across the forecast period
Sustainability is set to be a major focus of innovation across the forecast period. In line with this trend, Formosa Optics, a leader in Taiwan's eyewear industry, released its sustainability report in 2024, demonstrating its strong commitment to corporate social responsibility and sustainable practices.
Recycling initiatives will be a key practice in the commitment to sustainability
JINS has launched an official glasses recycling program. Customers can trade in old glasses or sunglasses from any brand at JINS stores and receive a discount coupon for each pair.
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Overview:
Understand the latest market trends and future growth opportunities for the Sunglasses industry in Taiwan 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 Sunglasses industry in Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Sunglasses in Taiwan 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 Sunglasses in Taiwan?
- How are sales of contact lenses performing compared to spectacles?
- Which are the leading brands in Sunglasses in Taiwan?
- How are products distributed in Sunglasses in Taiwan?
- 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?
Sunglasses in Taiwan - Category analysis
KEY DATA FINDINGS
Fashion trends continue to fuel sales of sunglasses in Taiwan
Kering SA retains its leads, however, share is lost to smaller, niche players
Taiwan’s active lifestyles drives growth for sunglasses designed for sports
Heightened awareness of eye health and demand for fashion accessories is set to support growth
Sustainability is set to a crucial focus of players across the forecast period
Recycling initiatives will be a key practice in the commitment to sustainability
Eyewear in Taiwan - Industry Overview
Eyewear in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for eyewear?
DISCLAIMER
Sunglasses
Sunglasses may be made with either prescription or non-prescription lenses that are darken to provide protection against bright light and possibly ultraviolet (UV) light. Photo-chromic lenses and clip-ons are excluded.
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 Sunglasses research and analysis database.
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