Luxury Eyewear in Hong Kong, China

November 2021 | 19 pages | ID: LB5755426CBEN
Euromonitor International Ltd

Abstracts

After two years of declining sales, following social unrest in 2019 and early 2020, and then the COVID-19 pandemic in 2020, luxury eyewear has returned to recording positive growth in 2021. This is being driven in particular by the large luxury sunglasses category. Growing mobility, including such activities as staycations, hiking and other outdoor pursuits, have resumed to a large extent in 2021 and luxury eyewear is increasingly perceived as a product to help consumers restart a new life after...

Euromonitor International's Luxury Eyewear in Hong Kong, China report offers a comprehensive guide to the size and shape of the Luxury Eyewear market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Eyewear retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Luxury Spectacle Frames, Luxury Sun Glasses.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Luxury Eyewear market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

LUXURY EYEWEAR IN HONG KONG, CHINA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Luxury eyewear returns to positive growth in 2021, with sunglasses driving the overall performance
Ray-Ban turns in a good performance in 2020
Growing demand for less expensive and more functional products in the pandemic
PROSPECTS AND OPPORTUNITIES
Luxury eyewear to return to 2018 sales levels in 2025
E-commerce faces the challenge of consumers’ preference for trying on spectacle frames
Crossover with smart technology pushing innovation in sunglasses
CATEGORY DATA
Table 1 Sales of Luxury Eyewear by Category: Value 2016-2021
Table 2 Sales of Luxury Eyewear by Category: % Value Growth 2016-2021
Table 3 NBO Company Shares of Luxury Eyewear: % Value 2016-2020
Table 4 LBN Brand Shares of Luxury Eyewear: % Value 2017-2020
Table 5 Distribution of Luxury Eyewear by Format: % Value 2016-2021
Table 6 Forecast Sales of Luxury Eyewear by Category: Value 2021-2026
Table 7 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2021-2026
LUXURY GOODS IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Luxury goods in 2021: The big picture
2021 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2016-2021
Table 9 Sales of Luxury Goods by Category: % Value Growth 2016-2021
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
Table 11 NBO Company Shares of Luxury Goods: % Value 2016-2020
Table 12 LBN Brand Shares of Luxury Goods: % Value 2017-2020
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2021
Table 14 Forecast Sales of Luxury Goods by Category: Value 2021-2026
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources