Over the forecast period, sunglasses in Singapore is expected to post continuous low volume declines, and slow and stable current value growth rates. The stronger performance in current value terms is likely to be driven by premiumisation.
Retail e-commerce is expected to see growth from a comparatively low base in the coming years. Digital innovations such as virtual try-on are becoming increasingly popular amongst local consumers, as they are able to virtually try on different styles and colours of sunglasses from the comfort of their home.
The growing presence of tech-wear sunglasses is likely to increase the opportunities for premiumisation in the forecast period. Some of these will be cross-category growth opportunities.
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Understand the latest market trends and future growth opportunities for the Sunglasses 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 Sunglasses 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.
Sunglasses may be made with either prescription or non-prescription lenses that are darken to provide protection against bright light and possibly ultraviolet (UV) light. Photo-chromic lenses and clip-ons are excluded.
See All of Our DefinitionsThis report originates from Passport, our Sunglasses research and analysis database.
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