Luxury Eyewear in Russia

Luxury Eyewear in Russia

Measures to prevent the spread of COVID-19 led to limited ability for Russian consumers to purchase luxury eyewear in 2020, thus negatively impacting performance overall. The Russian government imposed a period of non-working and self-isolation from 30 March to 1 June 2020, during which all physical stores were closed (with the exception of those providing essential services, such as grocery shops and pharmacies). A further impact to luxury eyewear comes from the lack of foreign tourists in Russ...

Euromonitor International's Luxury Eyewear in Russia 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.


Luxury Eyewear in Russia
Euromonitor International
January 2021
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
2020 IMPACT
Luxury eyewear negatively impacted by store closures and lack of tourist sales due to COVID-19 restrictions
Hike in unit prices places extra negative pressure on luxury eyewear
Gucci Rus maintains lead and continues to gain shares in highly fragmented category
RECOVERY AND OPPORTUNITIES
Slow recovery of disposable consumer incomes set to continue to negatively impact luxury eyewear over the forecast period
Players set to focus on e-commerce channels to re-stimulate sales
Recovery of sales in luxury eyewear expected no sooner than 2022-2023
CATEGORY DATA
Table 1 Sales of Luxury Eyewear by Category: Value 2015-2020
Table 2 Sales of Luxury Eyewear by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Luxury Eyewear: % Value 2015-2019
Table 4 LBN Brand Shares of Luxury Eyewear: % Value 2016-2019
Table 5 Distribution of Luxury Eyewear by Format: % Value 2015-2020
Table 6 Forecast Sales of Luxury Eyewear by Category: Value 2020-2025
Table 7 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2020-2025
EXECUTIVE SUMMARY
COVID-19 impact on luxury goods
COVID-19 country impact
Company response
Retailing shift
What next for luxury goods?
MARKET INDICATORS
Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020
MARKET DATA
Table 9 Sales of Luxury Goods by Category: Value 2015-2020
Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025
DISCLAIMER
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
SOURCES
Summary 1 Research Sources

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