Indian Eyewear Retail Industry Report

April 2013 | 159 pages | ID: I33EA5CF7ADEN
Reevolv Advisory Services Private Limited

Abstracts

Executive summary

The growth of eyewear retail industry is result of increase in population, rising income levels, penetration of the retail distribution network etc. The eyewear industry is following similar trends as observed in the retail makeover in India. Over the years eyewear has changed from being a utility product for vision correction to key fashion accessory. Increasingly eyewear is being perceived as reflective of one’s personality.

The growth of eyewear retail industry is result of increase in population, rising income levels, penetration of the retail distribution network etc. The eyewear industry is following similar trends as observed in the retail makeover in India. Over the years eyewear has changed from being a utility product for vision correction to key fashion accessory. Increasingly eyewear is being perceived as reflective of one’s personality.

As per our estimates the market is expected to increase to Rs. XX billion in 2015 growing at a CAGR of

XX% per annum. Out of all the product categories, sunglass is the highest growing segment in India.

As per our estimates the share of organised market stood at XX% of the total eyewear retail market at Rs. XX billion in 2011 which is expected to grow at XX% per annum and will reach to XX billion (XX% of the overall market) in 2015E.

Key highlights

• Eyewear Industry Overview
• Market Sizing, Growth Drivers
• Industry Constituents and structure, Business model, unit economics
• Primary interview across eyewear industry experts and consumer surveys
• Key players and number of outlets across cities in India
• Quantitative Information of players across retail shops, manufacturing Spectacle Lenses & Frames and Sunglasses, contact lenses brands
• Financial benchmarking of players across retail shops, manufacturing Spectacle Lenses & Frames and Sunglasses, contact lenses brands
• Detailed Player Profiles (With Financials) across retail shops, manufacturing Spectacle Lenses & Frames and Sunglasses, contact lenses brands

Contents

1. EXECUTIVE SUMMARY

2. EYEWEAR INDUSTRY OVERVIEW

2.1. Industry Overview
2.2. Market Opportunity
2.3. Growth Drivers

3. BUSINESS DYNAMICS

3.1. Eyewear Products Category
3.2. Key Characteristics of Eyewear products
3.3. Business Model
3.4. Typical Unit Economics for Eyewear Retail
3.5. Consumer Insights
3.6. Buying Criteria
3.7. Porters Five Forces Model
3.8. Key Success Factors of Eyewear Retail Industry
3.9. Key Challenges of Eyewear Retail industry

4. PRIMARY SURVEYS / INTERVIEWS

4.1. Interviews
4.2. Consumer surveys

5. CITY WISE – KEY PLAYERS AND NUMBER OF OUTLETS

5.1. Tier 1 Cities
5.2. Tier 2 Cities
5.3. Tier 3 Cities
5.4.Other Cities

6. QUANTITATIVE INFORMATION OF PLAYERS

6.1. Retail Shop
6.2. Manufacturers – Spectacle Lenses & Frames and Sunglasses
6.3. Manufacturers – Contact Lenses

7. FINANCIAL BENCHMARKING OF PLAYERS

7.1. Retail Shop
7.2. Manufacturers – Spectacle Lenses & Frames and Sunglasses
7.3. Manufacturer – Contact Lenses

8. PLAYER PROFILES – EYEWEAR RETAIL

8.1. Bon Ton Opticals
8.2. Foresight Vision Care
8.3. Gangar EyeNation
8.4. GKB Opticals
8.5. Himalaya Opticals
8.6. Lawrence & Mayo
8.7. Lens & Frames
8.8. Optical Palace
8.9. Shiva Vision Care
8.10. Sunaina
8.11. Sunglass Hut
8.12. Titan Eye+
8.13. V. A. Mayekar
8.14. Vision 360o and GKB Optolabs
8.15. Vision Express
8.16. World Optix

9. PLAYER PROFILES – MANUFACTURER OF SPECTACLE LENSES & FRAMES AND SUNGLASSES

9.1. Carl Zeiss
9.2. Essilor
9.3. Hoya
9.4. Luxottica
9.5. Safilo

10. CONTACT LENSES – COMPETITIVE PRICING

11. PLAYER PROFILES – CONTACT LENSES

11.1. Acuvue
11.2. Bausch + Lomb
11.3. Ciba Vision

12. ANNEXURE: RATIOS