Spectacles in Singapore is set to maintain growth in both volume and current value terms in the forecast period, with growth across all categories. Spectacle lenses is anticipated to continue to see the highest growth, as regular prescription updates are seen as a necessity, with spectacle frames anticipated to follow.
More innovations are expected to be seen in “techwear”, for consumers who demand advanced technology, or those who have an interest in technological pursuits, e.g.
There is generally low consumer demand for sustainable spectacle frames and lenses, as consumers see spectacles as essential items, and hence affordability and efficacy are more important. However, an increasing number of players are using eco-friendly materials for their spectacles; for instance, biodegradable acetate is becoming more common for spectacle frames, providing a more sustainable alternative to traditional acetate.
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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.
Spectacles
This is the aggregation of spectacle frames, spectacle lenses and readymade reading glasses.
See All of Our DefinitionsThis report originates from Passport, our Spectacles research and analysis database.
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