Latest Report Update: Oct 25, 2021

World - Spectacle Lenses Of Glass Or Other Materials - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Global Spectacle Glass Lenses Market Overview 2021

Spectacle Glass Lenses Market Size

The global spectacle glass lenses market expanded significantly to $X in 2020, picking up by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Spectacle Glass Lenses Production

In value terms, spectacle glass lenses production rose to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Global production peaked in 2020 and is likely to see gradual growth in years to come.

Production By Country

China (X units) constituted the country with the largest volume of spectacle glass lenses production, accounting for X% of total volume. Moreover, spectacle glass lenses production in China exceeded the figures recorded by the second-largest producer, Thailand (X units), eightfold. The Philippines (X units) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China amounted to +X%. In the other countries, the average annual rates were as follows: Thailand (-X% per year) and the Philippines (+X% per year).

Spectacle Glass Lenses Exports

Exports

In 2020, shipments abroad of spectacle lenses of glass or other materials decreased by -X% to X units for the first time since 2016, thus ending a three-year rising trend. In general, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. As a result, exports reached the peak of X units, and then declined in the following year.

In value terms, spectacle glass lenses exports shrank to $X in 2020. Overall, total exports indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, global exports hit record highs at $X in 2019, and then fell in the following year.

Exports by Country

China represented the major exporting country with an export of around X units, which accounted for X% of total exports. Thailand (X units) held an X% share (based on tonnes) of total exports, which put it in second place, followed by the Philippines (X%) and Mexico (X%). The following exporters - Germany (X units), the U.S. (X units), Hong Kong SAR (X units), the Netherlands (X units), France (X units), the Czech Republic (X units) and the UK (X units) - together made up X% of total exports.

China was also the fastest-growing in terms of the spectacle lenses of glass or other materials exports, with a CAGR of +X% from 2007 to 2020. At the same time, the Netherlands (+X%), the Philippines (+X%), the UK (+X%), Germany (+X%), Mexico (+X%), the U.S. (+X%), Thailand (+X%) and the Czech Republic (+X%) displayed positive paces of growth. France experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (+X p.p.) and the Netherlands (+X p.p.) significantly strengthened its position in terms of the global exports, while France, Hong Kong SAR and Thailand saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest spectacle glass lenses supplying countries worldwide were China ($X), Thailand ($X) and Mexico ($X), together comprising X% of global exports.

China recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average spectacle glass lenses export price stood at $X per unit in 2020, approximately reflecting the previous year. Over the period under review, the export price, however, recorded a pronounced descent. The growth pace was the most rapid in 2017 an increase of X% y-o-y. Global export price peaked at $X per unit in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Czech Republic ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Spectacle Glass Lenses Imports

Imports

In 2020, overseas purchases of spectacle lenses of glass or other materials decreased by -X% to X units for the first time since 2009, thus ending a ten-year rising trend. Overall, total imports indicated a moderate expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Global imports peaked at X units in 2019, and then shrank in the following year.

In value terms, spectacle glass lenses imports fell to $X in 2020. In general, total imports indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, global imports hit record highs at $X in 2019, and then shrank in the following year.

Imports by Country

In 2020, the U.S. (X units), followed by India (X units), Hong Kong SAR (X units), France (X units), Germany (X units), Italy (X units) and Thailand (X units) were the largest importers of spectacle lenses of glass or other materials, together comprising X% of total imports. Mexico (X units), Brazil (X units), China (X units), Japan (X units), the Netherlands (X units) and the UK (X units) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Mexico, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest spectacle glass lenses importing markets worldwide were the U.S. ($X), France ($X) and Germany ($X), with a combined X% share of global imports. China, Hong Kong SAR, the Netherlands, Italy, Thailand, Japan, the UK, Mexico, India and Brazil lagged somewhat behind, together accounting for a further X terms of the main importing countries, Mexico recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average spectacle glass lenses import price stood at $X per unit in 2020, with an increase of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of X% year-to-year. As a result, import price reached the peak level of $X per unit. from 2010 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Netherlands ($X per unit), while India ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spectacle lenses of glass or other materials in the world?
+
The country with the largest volume of spectacle glass lenses consumption was China (577M units), comprising approx. 18% of total volume. Moreover, spectacle glass lenses consumption in China exceeded the figures recorded by the second-largest consumer, India (228M units), threefold. The U.S. (211M units) ranked third in terms of total consumption with a 6.6% share.
What are the largest producers of spectacle lenses of glass or other materials in the world?
+
The country with the largest volume of spectacle glass lenses production was China (1.2B units), comprising approx. 37% of total volume. Moreover, spectacle glass lenses production in China exceeded the figures recorded by the second-largest producer, Thailand (153M units), eightfold. The Philippines (105M units) ranked third in terms of total production with a 3.3% share.
What are the leading exporters of spectacle lenses of glass or other materials in the world?
+
In value terms, China ($1B), Thailand ($858M) and Mexico ($458M) were the countries with the highest levels of exports in 2020, together accounting for 40% of global exports.
What are the leading importers of spectacle lenses of glass or other materials in the world?
+
In value terms, the U.S. ($815M), France ($583M) and Germany ($468M) constituted the countries with the highest levels of imports in 2020, together comprising 32% of global imports. China, Hong Kong SAR, the Netherlands, Italy, Thailand, Japan, the UK, Mexico, India and Brazil lagged somewhat behind, together accounting for a further 36%.
What is the average export price for spectacle lenses of glass or other materials in the world?
+
In 2020, the average spectacle glass lenses export price amounted to $3 per unit, flattening at the previous year.
What is the average import price for spectacle lenses of glass or other materials in the world?
+
In 2020, the average spectacle glass lenses import price amounted to $3.6 per unit, with an increase of 4.6% against the previous year.

Product coverage:
• Prodcom 32504153 - Unmounted spectacle lenses other than for the correction of vision
• Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
• Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
• Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished

This report provides an in-depth analysis of the global spectacle glass lenses market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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