Outlook on the Nordic market for glasses (Sweden, Denmark, Norway and Finland) to 2027
Nordic glasses market
Dublin, Jan. 23, 2023 (GLOBE NEWSWIRE) — The “Nordic Eyewear Market (Sweden, Denmark, Norway and Finland): Insights and Forecasts with Potential Impact of COVID-19 (2023-2027)” the report has been added ResearchAndMarkets.com’s offer.
The Nordic eyewear market is forecast to reach USD 2.72 billion in 2027, growing at a CAGR of 3.29% during the period from 2023 to 2027.
Growth in the Nordic eyewear market has been supported by factors such as aging population, increasing use of digital screens, increasing cases of myopia, increasing e-commerce penetration, increased disposable income, increased use of sports glasses and increased prevalence of visual impairment. However, market growth would be challenged by increased refractive surgery and increased use of cheaper frames and sunglasses.
The Nordic eyewear market can be categorized into the following sectors Glasses, Contact Lenses and Sunglasses. In 2022, the dominant share of the Nordic eyewear market was owned by the eyewear industry. The market is expected to experience certain trends such as increasing use of social media, increasing use of single-day lenses, fashionable glasses, increasing digitization, increasing awareness of eye problems.
COVID-19 has led to the closure of eye clinics and shops for an extended period. The postponement of non-urgent eye examination appointments has caused a drop in sales revenue for many players operating in the market. In addition, disruptions in the manufacturing and transportation of eyeglass lenses, contact lenses, and sunglasses due to the pandemic have also affected the decline of the eyewear market in 2020.
The Nordic glasses market can be segmented into the following regions: Sweden, Denmark, Norway and Finland. In 2022, the dominant share of the Nordic eyewear market was owned by Sweden, followed by Denmark, Norway and Finland. Considered to be a fashion hub, Sweden is witnessing people using glasses as a fashion accessory, such as colored contact lenses, sunglasses and frames.
Scope of the report
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The report provides a comprehensive analysis of the Nordic eyewear market.
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The major regional markets for the Nordic eyewear market (Sweden, Denmark, Norway and Finland) have been analysed.
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Market dynamics such as growth factors, market trends and challenges are analyzed in depth.
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The market’s competitive landscape, along with the company profiles of leading players (Grand Vision, Specsaver, Synsam, Krogh Optikk, OptiK Team, Synologen AB) is also presented in detail.
Report Attributes |
Details |
Number of pages |
68 |
Forecast period |
2023 – 2027 |
Estimated market value (USD) in 2023 |
2.39 billion dollars |
Projected market value (USD) to 2027 |
2.72 billion dollars |
Annual growth rate of association |
3.3% |
Regions covered |
Denmark, Finland, Iceland, Norway, Sweden |
Key topics covered:
1. Market overview
2. Impact of covid-19
2.1 Impact of covid-19 on the Nordic glasses market
2.2 Rising Nordic e-commerce penetration
2.3 Post-COVID scenario
3. Global market analysis
3.1 Nordic eyewear market by value
3.2 Nordic Eyewear Market Forecast by Value
3.3 Nordic eyewear market by product
3.3.1 Nordic eyewear market by value
3.3.2 Nordic eyewear market forecast by value
3.3.3 Nordic contact lens market by value
3.3.4 Nordic market forecast for contact lenses by value
3.3.5 Nordic sunglasses market by value
3.3.6 Nordic market forecast for sunglasses by value
3.4 Nordic eyewear market by region
4. Regional market analysis
4.1 Sweden
4.1.1 Sweden’s glasses market by value
4.1.2 Market forecast for Sweden’s glasses by value
4.2 Denmark
4.2.1 Denmark’s eyewear market by value
4.2.2 Denmark Eyewear Market Forecast by Value
4.3 Norway
4.3.1 Norway eyewear market by value
4.3.2 Market forecast for Norway for glasses by value
4.4 Finland
4.4.1 Finland’s eyewear market by value
4.4.2 Finland’s eyewear market forecast by value
5. Market dynamics
5.1 Growth factors
5.1.1 Aging population
5.1.2 Rising Digital Screen Use
5.1.3 Increasing cases of myopia
5.1.4 Increasing penetration for e-commerce
5.1.5 Sloping GDP
5.1.6 Increased use of sports glasses
5.1.7 Increase in the incidence of visual impairment
5.2 Important trends and developments
5.2.1 Increasing use of social media
5.2.2 Increase the use of daily lenses
5.2.3 Growing popularity of fashionable glasses
5.2.4 The rise of digitalisation
5.2.5 Increased awareness of eye problems
5.3 Challenges
5.3.1 Increase in Refractive Surgery
5.3.2 Increased use of cheaper frames and sunglasses
6. Competitive landscape
6.1 Nordic market
6.1.1 Comparison of Nordic market shares – key players
6.2 Sweden’s market
6.2.1 Comparison of Sweden’s market capitalization – key players
6.3 Denmark’s market
6.3.1 Denmark Market capitalization comparison – key players
6.4 Finnish market
6.4.1 Comparison of Finland’s market capitalization – key players
6.5 Norway’s market
6.5.1 Comparison of Norway’s market shares – key players
7. Company Profiles
7.1 Grand Vision
7.1.1 Business overview
7.2 Visible
7.2.1 Business overview
7.3 Specsavers
7.3.1 Business overview
7.4 Synologen AB
7.4.1 Business overview
7.5 Optics Team
7.5.1 Business overview
7.6 Krogh Optics
7.6.1 Business overview
For more information on this report visit https://www.researchandmarkets.com/r/wuzdmb
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