Italy Is the EU Primary Manufacturer of Spectacle Lenses

Medical And Dental Instruments December 27, 2015
Author: Irina Andreeva
Market Analyst

From 2007 to 2014, EU production of spectacle lenses showed negative dynamics, falling from 240 million pairs in 2007 to 172 million pairs in 2014. It dropped with a CAGR of -4.6% over the period under review. In value terms, EU spectacle lens production decreased to 2,113 million EUR in 2014, falling by -2.4% annually.

Italy was the largest producer of spectacle lenses in absolute volumes, with 47 million pairs. It was distantly followed by France (29 million pairs) and the United Kingdom (25 million pairs).

Between 2007 and 2014, leaders in spectacle lens production showed negative dynamics: -3.3% for the UK, -5.3 for France and -6.1% for Italy.

Italy dominated in EU spectacle lens production and trade. In 2014, it exported 72% of its total spectacle lens output. Of this amount, 29% was supplied to France, where Italian spectacle lenses held a 10% share of total France's imports.

Source: EU: Spectacle Lenses Of Glass Or Other Materials - Market Report. Analysis And Forecast To 2020