Southeast Asia Luxury Eyewear Market Demand, Drivers and Opportunities 2025-2030

Southeast Asia Luxury Eyewear Market Demand, Drivers and Opportunities 2025-2030

May 1, 2025 - 09:51
 0
Southeast Asia Luxury Eyewear Market Demand, Drivers and Opportunities 2025-2030

Markntel Advisors’ report, Southeast Asia Luxury Eyewear Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Southeast Asia Luxury Eyewear presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Southeast Asia Luxury Eyewear Market Research Report & Market Summary:

The Southeast Asia Luxury Eyewear Market size was valued at around USD 482.11 million in 2024 and is projected to reach USD 711.28 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.45% during the forecast period, i.e., 2025-30. The luxury eyewear market in Southeast Asia is witnessing substantial growth, fueled by changing consumer preferences, growing wealth, and heightened urbanization throughout the area. Urban middle-class shoppers in nations such as; Indonesia, Thailand, and Vietnam are pursuing luxury items as markers of prestige and fashion, driving the appetite for upscale eyewear labels like Gucci, Prada, and Ray-Ban. Recent surveys indicate that almost 50% of consumers in Southeast Asia link luxury items with social status, affecting their buying choices. Moreover, the area's rate of myopia, expected to impact over 60% of the populace by 2050, fuels the need for stylish corrective eyewear.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  https://www.marknteladvisors.com/query/request-sample/southeast-asia-luxury-eyewear-market.html

Southeast Asia Luxury Eyewear Market Dynamics:

Key Driver-

Rise in Health & Fashion Awareness – Luxury eyewear sales are rising due to growing fashion and health consciousness, particularly among Southeast Asian Millennials and Gen Z. In Southeast Asia brands have introduced stylish eyewear with practical features like UV protection and blue light-blocking lenses as a result of Gen Z's increased health consciousness. Due to environmental pollutants and extended screen time, these generations are experiencing vision issues which is driving up demand for eyewear. In Southeast Asia, people use screens for approximately 8 hours every day on average. The average daily screen time only in Indonesia is 8 hours and 52 minutes. As per WHO estimates, 2.2 billion individuals globally have a vision issue, and this figure could increase as the population grows older. Additionally, high-end eyewear has gained greater attraction among health-aware buyers because of its blend of superior design and functional benefits, which has additionally fueled market growth.

Southeast Asia Luxury Eyewear Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Product Type

  • Eyeglasses
    • Prescription Glasses- Market Size & Forecast 2020-2030, (USD Million)
    • Fashion Eyewear- Market Size & Forecast 2020-2030, (USD Million)
    • Reading Glasses- Market Size & Forecast 2020-2030, (USD Million)
    • Computer Glasses- Market Size & Forecast 2020-2030, (USD Million)
  • Sunglasses
    • Designer Sunglasses- Market Size & Forecast 2020-2030, (USD Million)
    • Fashion Sunglasses- Market Size & Forecast 2020-2030, (USD Million)
  • Contact Lenses- Market Size & Forecast 2020-2030, (USD Million)

The sunglasses segment dominates the luxurious eyewear market, pushed by both style developments and the growing demand for UV protection. The type of fashion sunglasses dominates the category, accounting for a huge share of the marketplace. Enterprise reviews have shown that around 60% of the luxurious eyewear market is sunglasses. The growth is especially due to the growing customer demand for the latest sunglasses, which deliver functionality and aesthetic value. To luxurious manufacturers, customers who consider sunglasses as style accessories, further to their core feature of protecting the eyes, make them remember to develop unique collections. Moreover, celebrity endorsements and online media influencers further enhance the demand for expensive designer sunglasses. The increasing focus towards the damages due to UV rays has led to a growing demand for high-quality sunglasses that not only offer protection but also a premium appearance.

By Glass Type

  • Polaroid- Market Size & Forecast 2020-2030, (USD Million)
  • Non-Polaroid- Market Size & Forecast 2020-2030, (USD Million)

By Gender

  • Men- Market Size & Forecast 2020-2030, (USD Million)
  • Women- Market Size & Forecast 2020-2030, (USD Million)
  • Unisex- Market Size & Forecast 2020-2030, (USD Million)
  • Kids- Market Size & Forecast 2020-2030, (USD Million)

The men's category, classified by gender, dominates the Southeast Asia Luxury Eyewear Market, holding a significant share of approximately 55%. The men's fashion market has attracted significant interest, and luxury eyewear has turned into a vital accessory for style-aware male buyers. Luxury brands have also intensified their attention on eyewear collections for men, providing various designs that merge practicality with elegant aesthetics. The rising enthusiasm among men for luxury items, spanning eyewear for fashion and functional use also aids in the expansion of this market. This demographic typically possesses higher disposable income to invest in luxury accessories, pushing the market growth.

By Age Group

  • (02-10) Years- Market Size & Forecast 2020-2030, (USD Million)
  • (11-17) Years- Market Size & Forecast 2020-2030, (USD Million)
  • (18-24) Years- Market Size & Forecast 2020-2030, (USD Million)
  • (25-40) Years- Market Size & Forecast 2020-2030, (USD Million)
  • (41-56) Years- Market Size & Forecast 2020-2030, (USD Million)
  • (57+) Years - Market Size & Forecast 2020-2030, (USD Million)

By Price Range

  • USD 100 –  300- Market Size & Forecast 2020-2030, (USD Million)
  • USD 301 –  500- Market Size & Forecast 2020-2030, (USD Million)
  • USD 501 –  700- Market Size & Forecast 2020-2030, (USD Million)
  • USD 701 –  900- Market Size & Forecast 2020-2030, (USD Million)
  • Greater than (>) USD 900- Market Size & Forecast 2020-2030, (USD Million)

By Distribution Channel

  • Online- Market Size & Forecast 2020-2030, (USD Million)
  • Offline- Market Size & Forecast 2020-2030, (USD Million)
    • High-End Department Stores- Market Size & Forecast 2020-2030, (USD Million)
    • Exclusive Brand Boutique- Market Size & Forecast 2020-2030, (USD Million)
    • Optical Retailers- Market Size & Forecast 2020-2030, (USD Million)
    • Luxury Retail Chains- Market Size & Forecast 2020-2030, (USD Million)
    • Others (Hospitals & Clinics)- Market Size & Forecast 2020-2030, (USD Million)

By Size

  • Small- Market Size & Forecast 2020-2030, (USD Million)
  • Medium- Market Size & Forecast 2020-2030, (USD Million)
  • Large- Market Size & Forecast 2020-2030, (USD Million)

By Frame Material

  • Metal- Market Size & Forecast 2020-2030, (USD Million)
  • Plastic & Fiber- Market Size & Forecast 2020-2030, (USD Million)

By Eyewear Shape

  • Rectangle- Market Size & Forecast 2020-2030, (USD Million)
  • Square- Market Size & Forecast 2020-2030, (USD Million)
  • Circle- Market Size & Forecast 2020-2030, (USD Million)
  • Others- Market Size & Forecast 2020-2030, (USD Million)

By Frame Type

  • Rimmed- Market Size & Forecast 2020-2030, (USD Million)
  • Rimless- Market Size & Forecast 2020-2030, (USD Million)
  • Semi-Rimmed- Market Size & Forecast 2020-2030, (USD Million)

By Region

  • Indonesia
  • Malaysia
  • Singapore
  • Vietnam
  • Thailand
  • Philippines
  • Rest of Southeast Asia.

In the luxury eyewear market of Southeast Asia, Singapore stands out as the leading region accounting for a 40% share of the market. The dominance is because of its elevated GDP per capita, wealthy demographic, and robust appetite for luxury items. Serving as a center for fashion and luxury labels, Singapore boasts a robust market for premium eyewear, featuring a notable presence of domestic and global brands. Furthermore, Singapore's advantageous position in Southeast Asia enhances its appeal as a market for luxury goods retailers aiming at the wider regional market. Moreover, digitalization and e-commerce platforms are crucial in broadening the market reach, with younger consumers in these nations progressively adopting online shopping for high-quality eyewear.

As indicated in the latest market research report published by Markntel Advisors, “Southeast Asia Luxury Eyewear Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Southeast Asia Luxury Eyewear industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/southeast-asia-luxury-eyewear-market.html

Top Companies Operating in the Southeast Asia Luxury Eyewear Market:

  • EssilorLuxottica SA
  • Johnson & Johnson Vision
  • De Rigo
  • Luxottica Group S.p.A
  • Kering
  • LVMH
  • OTB Group
  • Matsuda
  • Zero G Eyewear
  • Safilo Group
  • Fielmann AG
  • Brilliant Labs
  • Hermès International SCA
  • JAB Luxury GmbH

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Other Report:

Key Report Highlights:

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the market?
  3. What leading factors would propel and impede the industry across the geography?
  4. How has the industry been evolving in terms of geography & Southeast Asia Luxury Eyewear Market adoption?
  5. How has the competition been shaping up across the geography?
  1. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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