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.

1. Eyewear Sales in Singapore

2. 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)

3. • 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.

4. 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.

5. 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.

6. 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-eyewear-
market/142265-95.html
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