Eyewear Market in Middle East is expected to rise at a 4.8% CAGR during 2015 - 2023, Luxury Brands to Remain Cornerstone of Growth for Eyewear

ResearchMoz added Latest Research Report titled " Eyewear Market - Middle East Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 " to it's Large Report database.

Eyewear consists of products used to aid in vision correction, cosmetic enhancement and protection of the eyes.Corrective eyewear can be used to correct and alleviate refractive errors. Spectacles and contact lenses are the most common form of corrective eyewear, and are usually prescribed by an optometrist, ophthalmologist, or optician. They aim to improve the quality of life of patients, and can also be used for eye protection.

Factors such as rapid modernization in urban areas and rising consciousness about eye health conditions are responsible for driving the growth of the eyewear market in the Middle East.Consumers, especially the younger generation, are likely to try out newproducts as long as they provide real added value and contribute to their quality of life. Moreover, with a higher percentage of population being able to afford luxury goods, increasing disposable income is a major driving force for the expansion of the eyewear market.

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Colored contact lenses, high index eyeglasses, and high-end spectacle frames are now within the reach of a large section of the population. Customers frequently replace spectacle lenses by getting customized lenses to fit the same frame. Since lenses have a higher retail margin than frames, there is high renewal rate of lenses among consumers. Considering all these factors, the eyewear market in the Middle East is likely to grow at a significant rate during the forecast period.

However, increasing acceptance rate towards refractive surgeries and treatments are expected to inhibit market growth, as these methodologies provide a complete alternative to the usage of corrective eyewear products. These procedures require a one-time investment, and omit periodicexpenses of eyewear and eye care products.

Eyewear productsare marketed through different distribution channels including optical shops, hypermarkets, department shops and online stores. Increasing availability of these products in stores and supermarkets are also promoting the growth of the eyewear market in the Middle East.Optical shops are having a substantial advantage over other channels. Leading chains such as YateemOpticals, Al Jaber, and MagrabiOpticals are increasing their number of outlets in the Middle East.

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Table of Content

Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 Middle East Eyewear Market, by Product Type
3.1 Overview
3.1.1 Middle East Eyewear Market Revenue Share, By Product Type, 2014 and 2023
3.1.2 Middle East Eyewear Market Volume Share, By Product Type, 2014 and 2023
3.2 Market Attractiveness Analysis
3.3 Spectacles
3.3.1 Middle East Spectacles Market Revenue, Volume and Forecast, 2014 – 2023 (USD Million and Million Units)
3.3.2 Spectacle Frames
3.3.2.1 Middle East Spectacle Frames Market, Revenue, Volume and Forecast, 2014 – 2023 (USD Million and Million Units)
3.3.3 Spectacle Lenses
3.3.3.1 Middle East Spectacle Lenses Market, Revenue, Volume and Forecast, 2014 – 2023 (USD Million and Million Units)
3.4 Contact Lenses
3.4.1 Middle East Contact Lenses Market Revenue, Volume and Forecast, 2014 – 2023 (USD Million and Million Units)

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