Annual Report 2017

Our market

The global eyewear market is expected to grow by approximately 5% each year over the next five years. Among the major trends driving the expansion of the global consumer base are increased consumer awareness about eye health, higher levels of disposable income and population ageing. Lifestyle also plays a role, with digitalization causing even more people to spend more time in front of digital devices that can strain their eyesight. Given that eye care is a basic need for the majority of people worldwide, the optical retail sector is comparatively resilient to macroeconomic trends and characterized by steady repurchase cycles on an annual basis.