Eyewear in Canada is witnessing a resurgence across all categories in 2024, following a year of mixed performance in 2023. While 2023 saw robust growth in contact lenses and spectacles, driven partly by pandemic-induced factors as consumers caught up on delayed purchases and upgraded their eyewear for returning to workplaces, it also witnessed subdued performance in sunglasses and reading glasses due to consumer belt-tightening amidst high inflation.
In Canada, there is a noticeable shift towards greater polarisation, driven by the expansion of value player Specsavers. The UK-based eyewear provider opened its 100th store in Canada in 2023 and is on track to achieve its goal of operating 200 stores by 2024.
Eyewear players in Canada have been proactive in launching product innovations, particularly in categories experiencing growth such as multifocal contact lenses catering to consumers with presbyopia. Notably, in early 2024, Alcon Canada introduced the monthly TOTAL30 Multifocal Contact Lenses, specifically designed for patients with presbyopia.
In Canada, the eyewear retail landscape has witnessed notable shifts and developments in 2023-2024, reflecting changing consumer preferences and market dynamics.
During the forecast period, eyewear in Canada is poised to maintain historical growth rates, propelled by several key factors specific to the country's demographics and societal trends.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Eyewear industry in Canada 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories:
If you're in the Eyewear industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Eyewear
Eyewear is the aggregate of contact lenses, spectacles and sunglasses.
See All of Our DefinitionsThis report originates from Passport, our Eyewear research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!