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Opticians in the UK - Industry Market Research Report

Publisher IBISWorld
Published Oct 11, 2024
Length 74 Pages
SKU # IBSS19340930

Description

Opticians in the UK - Industry Market Research Report


Opticians in the UK

Opticians' revenue is expected to drop at a compound annual rate of 1.8% over the five years through 2022-23 to £5.1 billion. Health deteriorates with age, so it's no surprise that as Britons have become older, the need for corrective eyewear has followed an upward trajectory. Meanwhile, people are glued to their desktops at work and smartphones after they clock off, but extended screen time hours come at a cost. Britons are starting to view eyewear differently – it's no longer just a function purchase but also driven by changing fashion trends and tastes.

Companies in this industry sell and fit prescription lenses, frames, contact lenses and other eyewear accessories from specialised stores. Opticians are trained to fit frames for customers and some also provide eye examinations. The industry excludes online retailers and in-store opticians in supermarkets.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

74 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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