Southeast Asia Luxury Eyewear Market Outlook 2030: Leading Companies & Growth Insights
Future Southeast Asia Luxury Eyewear Market: Key Dynamics, Size & Share Analysis
The Southeast Asia Luxury Eyewear Market size was valued at around USD 482.11 million in 2024 and is projected to reach USD 711.28 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.45% during the forecast period, i.e., 2025-30. The luxury eyewear market in Southeast Asia is witnessing substantial growth, fueled by changing consumer preferences, growing wealth, and heightened urbanization throughout the area.
Top Market Challenges Impacting the Southeast Asia Luxury Eyewear Market Growth
Availability of Counterfeit & Low-Cost Alternatives – A significant challenge for the Southeast Asia Luxury Eyewear Market is the presence of counterfeit premium eyewear products. Fake products saturate the markets at a fraction of the value of authentic eyewear, as a result devaluing luxury manufacturers. The European Union Intellectual Property Office reports that counterfeit goods, including luxury eyewear, constitute approximately 6.8% of worldwide trade, with eyewear being some of the most imitated categories. The general presence of counterfeit goods not only harms the image of manufacturers but also results in economic losses for makers of luxury eyewear.
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Understanding the Core Segments in the Southeast Asia Luxury Eyewear Market
Southeast Asia Luxury Eyewear Market Size, Share & Industry Trends Analysis- By Product Type (Eyeglasses [Prescription Glasses, Fashion Eyewear, Reading Glasses, Computer Glasses], Sunglasses [Designer Sunglasses, Fashion Sunglasses], Contact Lenses) By Glass Type (Polaroid, Non-Polaroid), By Gender (Men, Women, Unisex, Kids), By Age Group ((02-10) Years, (11-17) Years, (18-24) Years, (25-40) Years, (41-56) Years, (57+) Years), By Price Range (USD 100 – 300, USD 301 – 500, USD 501 – 700, USD 701 – 900, Greater than (>
USD 900), By Distribution Channel (Online, Offline, [High-End Department Stores, Exclusive Brand Boutique, Optical Retailers, Luxury Retail Chains, Others (Hospitals & Clinics)]), By Size (Small, Medium, Large), By Frame Material (Metal, Plastic & Fiber), By Eyewear Shape (Rectangle, Square, Circle, Others), By Frame Type (Rimmed, Rimless, Semi-Rimmed) and Others
Geographical Analysis of the Southeast Asia Luxury Eyewear Market
- Indonesia
- Malaysia
- Singapore
- Vietnam
- Thailand
- Philippines
- Rest of Southeast Asia
In the luxury eyewear market of Southeast Asia, Singapore stands out as the leading region accounting for a 40% share of the market.
Who Dominates the Southeast Asia Luxury Eyewear Market Insights on Key Industry Players?
Companies are strengthening their presence in the Southeast Asia Luxury Eyewear market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- EssilorLuxottica SA
- Johnson & Johnson Vision
- De Rigo
- Luxottica Group S.p.A
- Kering
- LVMH
- OTB Group
- Matsuda
- Zero G Eyewear
- Safilo Group
- Fielmann AG
- Brilliant Labs
- Hermès International SCA
- JAB Luxury GmbH
- Others
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