Eyewear Sales in Singapore

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Eyewear Sales in Singapore
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Singapore eyewear market by spectacles and
contact lenses, by Type of Contact Lenses (Clear
Spherical and Clear Toric), by Frames and
Glasses-Spectacles, by Sunglasses and Eyeglasses,
by Distribution Channels (Optical Stores,
Department Stores, Internet Retailing, Chemist
Pharmacies, Apparel and Footwear Specialist
Retailers), by Import Value and Export Value
(contact lenses, Spectacle Lenses of Glass,
Spectacle Lenses of Material Other than Glass,
Frames and Mountings for Spectacles, Goggles), by
market share of major companies (Luxottica Group
SpA , Johnson Johnson Vision, Essilor
International SA, Safilo Group SpA, Owndays Co.
Ltd, Novartis AG, Carl Zeiss AG, The Cooper Cos
Inc., Hoya Corp, Valeant Pharmaceuticals
International Inc., De Rigo SpA, Coach Inc,
Bausch Lomb Inc), by major opticians in
Singapore (C.E.D.S, Paris Miki, Capitol Optical,
Alexis Eyewear Boutique, Chai Ming Optical)
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• Clear spherical lenses were the type of contact
  lens that held the highest share in the Singapore
  eyewear market in 2016 in terms of revenue.
• Optical shops are the most preferred choice of
  the customers in Singapore while purchasing
  eyewear products accounted for more than 3/4th
  of the market share.
• Internet retailing accounted for a meager share
  in the eyewear market in 2016 though its share
  has seen a continuous increase over the past five
  years during 2012-2016.
•  

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Eyewear market has been ever-growing in Singapore
as it was visible during the review period
2011-2016. The current market trends and
developments show that the market shall display
an upward growth trend in the coming years.
Mounting consumer awareness about global eyewear
brands, coupled with swiftly augmenting
disposable income, the Singaporean consumers
demand for high quality premium branded eyewear
products have amplified. As consumers want for
eyewear products has become increasingly
individualized, the market is transitioning
towards a large number of diverse products and
short product cycle. Moreover, greater usage of
electronic gadgets and a rapid penetration of
internet in Singapore have induced the major
companies operating in the country to start
offering their products online. Moreover optical
shops like Owndays and Zoff has also begun
offering the products in their store online
recently.
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In addition, Singapore eyewear market is all set
to benefit from a huge merger in the coming
years. Luxottica, the world's top spectacles
maker and leading lens manufacturer Essilor has
announced a USD 49 billion merger. Both are among
top three players in Singapore Eyewear market as
of 2016. The merger between the top players in
the eyewear market shall enable the businesses to
take full advantage of expected strong demand for
prescription spectacles and sunglasses due to an
aging population and increasing awareness about
eye care.
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• For more information on the market research
  report please refer to the below link
•  https//www.kenresearch.com/consumer-products-and
  -retail/cosmetics-and-personal-care/singapore-eyew
  ear-market/142265-95.html
• Related Reports by Ken Research 
• India CR39 Eyeglasses Market Forecasts to 2021 -
  High Prevalence of Impaired Vision and Increasing
  Awareness to Fuel Growth
•   India Eyewear Market Outlook to FY2018 - Rising
  Popularity of Online Eyewear Portals
•  
• Contact UsKen ResearchAnkur Gupta, Head
  Marketing CommunicationsAnkur_at_kenresearch.com
  91-9015378249

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