Recent Study: Spectacles in Brazil

From: Fast Market Research, Inc.
Published: Mon Nov 17 2014


Growth in spectacles is set to accelerate slightly during 2014 in spite of falling disposable income levels due the accelerating inflation. Rising inflation rates have not yet substantially compromised demand for spectacles, although it is reasonable to expect major changes in consumer behaviour during the forecast period as Brazilian consumers will at some point inevitably realise that their disposable income levels are declining.

Competitive Landscape

Essilor remained the leading player in spectacles in 2013 with a 19% value share. Although the company recorded positive growth during 2013, it was by no means the strongest company in the category. The highest increase in value sales in spectacles in 2013 was recorded by Grupo Tecnol, which belongs to Luxottica at GBO level. Following its acquisition by Luxottica, Grupo Tecnol has been able to invest in its production processes, increasing product efficiency and output.

Full Report Details at
- http://www.fastmr.com/prod/902815_spectacles_in_brazil.aspx?afid=301

Industry Prospects

It is expected that spectacles will increase in value at a CAGR of 3% in constant 2014 terms over the forecast period. This positive growth trend is set to be mainly due to rising demand among low-income consumers as value-added spectacles were unaffordable for the majority of these consumers until the middle of the review period. Thus, low-income Brazilians are steadily moving away from cheaper products towards value-added items, with some even moving away from unbranded and counterfeit brand products sold through informal channels such unlicensed kiosks towards regulated and licensed retail channels.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Spectacles industry in Brazil with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Spectacles industry in Brazil, our research will save you time and money while empowering you to make informed, profitable decisions.

The Spectacles in Brazil market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* Do spectacle frames create more sales than spectacle lenses in Brazil?
* Which type of spectacles do we spend more on – men’s, women’s or children’s?

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Spectacles in Turkey
- Spectacles in the Netherlands
- Spectacles in Sweden
- Spectacles in Spain
- Spectacles in Switzerland
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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