Healthcare reform and favorable demographic changes will benefit the industry in the years to come. The aging US population will continue to drive demand for prescription eyewear, especially as consumers continue to work at computer-related jobs. Eyewear retailers will also benefit from the healthcare reform bill, which will give more people access to vision care and boost demand. To ward off competition from online and alternative retailers, operators will increasingly offer eye exams given by in-house optometrists.
Establishments in this industry sell eyeglasses, contact lenses, sunglasses, safety eyewear and optical accessories. These retail stores may also provide fitting and lens processing services. The industry excludes the manufacture of lenses, online and mail-order retail of optical goods and sales at optometrists’ offices.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.