Opticians in the UK - IBISWorld Industry Market Research

Opticians in the UK

Opticians in the UK - IBISWorld Industry Market Research
Opticians in the UK
Published Dec 24, 2014
27 pages — Published Dec 24, 2014
Price US$ 875.00  |  Buy this Report Now

About This Report


Operators in the Opticians industry sell and fit frames and prescription lenses, contact lenses and other eyewear accessories, and also provide eye tests for consumers. The industry struggled over the past five years as consumer demand weakened due to the effects of the recession on disposable income. The emergence of new competition in the form of supermarkets such as Tesco and Asda has placed growing pressure on the already saturated market for corrective lenses. The ‘special offer' culture in which operators and competitors alike discount heavily in order to attract customers has become standard on the high street, placing enormous pressure on profit margins.

Operators 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.

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.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Opticians in the UK" Dec 24, 2014. Alacra Store. Oct 23, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Opticians-in-the-UK-2042-3447>
IBISWorld Industry Market Research. (2014). Opticians in the UK Dec 24, 2014. New York, NY: Alacra Store. Retrieved Oct 23, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Opticians-in-the-UK-2042-3447>
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