A recent census of optician stores in the UAE, conducted by global market research organisation GfK, has revealed a 22% rise in the number of shopping mall-based opticians since 2014. These locations now account for one-third of all optician business in the Emirates.
GfK also found that the demand for both prescription and beauty lenses has increased since 2016, growing 9% and 6%, respectively.
Findings from the UAE optician store census have been released ahead of the 18th edition of Vision-X, one of the largest exhibitions for eyecare and eyewear professionals in the region that will take place from October 17-19 at the Dubai World Trade Centre.
“The results presented in the census directly correlate with the trends we’ve witnessed ahead of this year’s edition of Vision-X. There has been a significant boom in the number of contact lens manufacturers registering, as companies seek to carve out their share of the burgeoning optical industry in the Middle East, cited to be worth $2.82 billion,” says Asma Alsharif, Visions-X’s exhibition director
According to the census, growth slowed in the first part of 2017, especially in the technical consumer goods and eyewear sectors, while the contact lenses sector was more resilient. During this period, contact lenses demand grew 4% compared to the same period in 2016, pushed up by daily contact lenses (spherical and beauty).
“Contact lenses are an essential product and consumers are willing to invest in this market. GfK has audited contact lenses and eyewear since 2014 and we have noticed that demand is quite stable during the year with spikes during key sales seasons of July and December. Despite a slowdown in the overall eyewear market, we are seeing a demand increase for premium luxury models (those priced over $200), while new features, such as combination of metal – plastic and round lenses, are also gaining share month-on-month,” adds Ludovica Aletti, senior account manager, GfK.
Words by Farimah Moeini, Snapchat Head of Industry – Retail and Travel TheJuly 5, 2021 | By RetailME Bureau
Snapchat has been betting big on Augmented Reality’s (AR) retail future consideringJune 22, 2021 | By Jibran Chouguley
Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and
UAE-based Al Maya Group announced that it will be boosting import of
UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu
UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand
Locally owned supermarket Spinneys celebrates 60 years of doing business in the
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
UAE-based Al Maya Supermarkets is hosting a two-week food festival at select
Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the
Extravagant, conceptual, great food and views are some of the ways that
UAE-based Moroccan beauty brand izil’s constant transformation and evolution to meet the
Abu Dhabi’s state investment company ADQ is in talks to invest about $500 million
The once powerful department stores that anchored malls and streets around the
Who isn’t a sucker for discounts? Customers today are spoiled for choice
The various e-commerce and virtual retail stores that cater to different product
A private helicopter carrying the chairman and managing director of Lulu Group,
Tighter restrictions on hotels, restaurants, shopping malls and entertainment venues on account of
All hotels and restaurants have been directed to temporarily hold entertainment activities
The new Dubai Gold Souk is “very much on track”, according to
Gone are the days of traditional brick-and-mortar as well as purely e-commerce
The Dubai Gold & Jewellery Group’s ongoing jewellery campaign, held in association