Spectacles

Article Abstract:

The spectacle sector accounts for 63.2% of the UK eyewear market. The sector has experienced poor growth during the 1992-1996 period, with a value increase of only 9.6%, due largely to competition between opticians' chains forcing prices down. The price competition looks set to continue, with chains increasing their market share from 62.2% in 1996, to 68.6% in 2001. However, other influences, including an ageing population and improving economic conditions, should prove dominant in the market. Other aspects of the spectacle market discussed include distribution, prices and regulations.

Industry Overview, Reports, Eyeglasses

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Eyewear

Article Abstract:

The UK eyewear market expanded by 17% in current terms in the period 1995 to 1999. The eyewear market will expand by 9.2% in the period 1999 to 2004, reaching 1,350.9 million pounds sterling in constant value terms, according to Euromonitor. Contact lenses accounted for 57.2% of value sales in 1999, a rise of 6.9% from 1995. Sales of disposable lenses were strong, having a negative impact on soft lenses and hard lenses. Value sales of soft lenses dropped by 29.4% in the period 1995 to 1999, with value sales of hard lenses falling by 57.8%.

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Contact lenses

Article Abstract:

Value sales of contact lenses and aftercare products in the UK rose by 37.6% in the period 1992 to 1996. The contact lens sector is the most rapidly expanding sector of the eyewear market, with the sector being particularly boosted by the development of daily replacement lenses. The sector as a whole is forecast to expand by 19.4% in real terms in the period to 2001, with contact lens use becoming more common as the quality and range of aftercare products improves.

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