Spectacles in the Philippines

Sales of spectacles are seeing moderate growth in current value terms in 2025 supported by the Philippines’ expanding population, urbanisation and more consumers being diagnosed with eye-related concerns. This is linked to the expanding population of older consumers whose eyesight often deteriorates with age. However, the country is also seeing an increase in eye-related concerns for younger consumers. This is linked to the increasing amount of time these consumers are spending in front of digit...

Euromonitor International's Spectacles in Philippines report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2020-2024), 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 – be they new product developments, distribution or pricing issues. Forecasts to 2029 illustrate how the market is set to change.

Product coverage: Readymade Reading Glasses, Spectacle Frames, Spectacle Lenses.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Spectacles 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.


Spectacles in the Philippines
Euromonitor International
June 2025
List Of Contents And Tables
SPECTACLES IN THE PHILIPPINES
KEY DATA FINDINGS
2025 DEVELOPMENTS
Increasing diagnoses of eye health problems fuelling growth in spectacles
EssilorLuxottica remains on top despite increasing competition
Awareness around myopia slowly increasing
PROSPECTS AND OPPORTUNITIES
Optical goods stores focus on specialisation as part of their expansion strategies
Spectacles likely to influenced by the growing focus on sustainability
Still plenty of room for innovation as players respond to evolving consumer demands
CATEGORY DATA
Table 1 Sales of Spectacles by Category: Volume 2020-2025
Table 2 Sales of Spectacles by Category: Value 2020-2025
Table 3 Sales of Spectacles by Category: % Volume Growth 2020-2025
Table 4 Sales of Spectacles by Category: % Value Growth 2020-2025
Table 5 Sales of Spectacle Lenses by Type: % Value 2020-2025
Table 6 NBO Company Shares of Spectacles: % Value 2020-2024
Table 7 LBN Brand Shares of Spectacles: % Value 2021-2024
Table 8 Distribution of Spectacles by Format: % Value 2020-2025
Table 9 Forecast Sales of Spectacles by Category: Volume 2025-2030
Table 10 Forecast Sales of Spectacles by Category: Value 2025-2030
Table 11 Forecast Sales of Spectacles by Category: % Volume Growth 2025-2030
Table 12 Forecast Sales of Spectacles by Category: % Value Growth 2025-2030
EYEWEAR IN THE PHILIPPINES
EXECUTIVE SUMMARY
Eyewear in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for eyewear?
MARKET DATA
Table 13 Sales of Eyewear by Category: Volume 2020-2025
Table 14 Sales of Eyewear by Category: Value 2020-2025
Table 15 Sales of Eyewear by Category: % Volume Growth 2020-2025
Table 16 Sales of Eyewear by Category: % Value Growth 2020-2025
Table 17 NBO Company Shares of Eyewear: % Value 2020-2024
Table 18 LBN Brand Shares of Eyewear: % Value 2021-2024
Table 19 Distribution of Eyewear by Format: % Value 2020-2025
Table 20 Forecast Sales of Eyewear by Category: Volume 2025-2030
Table 21 Forecast Sales of Eyewear by Category: Value 2025-2030
Table 22 Forecast Sales of Eyewear by Category: % Volume Growth 2025-2030
Table 23 Forecast Sales of Eyewear by Category: % Value Growth 2025-2030
DISCLAIMER
SOURCES
Summary 1 Research Sources

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