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Report World - Spectacle Lenses of Glass or Other Materials - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Spectacle Lenses of Glass or Other Materials - Market Analysis, Forecast, Size, Trends and Insights

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Global Spectacle Glass Lenses Market 2022

Spectacle Glass Lenses Market Size

In 2021, the global spectacle glass lenses market decreased by -4.4% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +57.2% against 2013 indices. Over the period under review, the global market reached the peak level at $X in 2020, and then dropped in the following year.

Spectacle Glass Lenses Production

In value terms, spectacle glass lenses production reduced dramatically to $X in 2021 estimated in export price. Over the period under review, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +59.8% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 50% against the previous year. As a result, production attained the peak level of $X, and then reduced sharply in the following year.

Spectacle Glass Lenses Exports

Exports

Global spectacle glass lenses exports surged to X tons in 2021, growing by 19% against 2020. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 467% against the previous year. The global exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, spectacle glass lenses exports soared to $X in 2021. The total export value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand dominates exports structure, accounting for X tons, which was approx. 85% of total exports in 2021. The following exporters - China (X tons) and the Philippines (X tons) - together made up 5.6% of total exports.

Thailand was also the fastest-growing in terms of the spectacle lenses of glass or other materials exports, with a CAGR of +57.5% from 2012 to 2021. At the same time, China (+12.8%) and the Philippines (+5.8%) displayed positive paces of growth. From 2012 to 2021, the share of Thailand increased by +74 percentage points.

In value terms, the largest spectacle glass lenses supplying countries worldwide were China ($X), Thailand ($X) and the Philippines ($X), with a combined 39% share of global exports.

In terms of the main exporting countries, China, with a CAGR of +9.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average spectacle glass lenses export price amounted to $X per ton, rising by 6.3% against the previous year. Overall, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 8%. The global export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (-1.7%), while the other global leaders experienced a decline in the export price figures.

Spectacle Glass Lenses Imports

Imports

In 2021, approx. X tons of spectacle lenses of glass or other materials were imported worldwide; with an increase of 19% compared with the previous year. In general, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 118%. Global imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, spectacle glass lenses imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Thailand prevails in imports structure, accounting for X tons, which was approx. 69% of total imports in 2021. The United States (X tons), France (X tons), Germany (X tons), China (X tons), Italy (X tons), Brazil (X tons) and the UK (X tons) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the spectacle lenses of glass or other materials imports, with a CAGR of +64.8% from 2012 to 2021. At the same time, China (+13.4%), Brazil (+10.1%), the UK (+7.8%), France (+3.1%), Italy (+3.1%) and the United States (+2.6%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. Thailand (+66 p.p.) significantly strengthened its position in terms of the global imports, while the UK, Italy, France, Germany and the United States saw its share reduced by -2%, -3.8%, -5.3%, -6.4% and -8.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest spectacle glass lenses importing markets worldwide were the United States ($X), France ($X) and Germany ($X), with a combined 34% share of global imports. China, Thailand, Italy, the UK and Brazil lagged somewhat behind, together accounting for a further 19%.

In terms of the main importing countries, China, with a CAGR of +13.5%, 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 ton in 2021, with an increase of 3.4% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 6.8%. Global import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

South Africa remains the largest spectacle glass lenses consuming country worldwide, accounting for 86% of total volume. It was followed by China, with a 2% share of total consumption.
China remains the largest spectacle glass lenses producing country worldwide, comprising approx. 23% of total volume. Moreover, spectacle glass lenses production in China exceeded the figures recorded by the second-largest producer, India, twofold. The Philippines ranked third in terms of total production with a 6.8% share.
In value terms, China, Thailand and Germany were the countries with the highest levels of exports in 2021, together comprising 44% of global exports. These countries were followed by the United States, Mexico, the Netherlands, the Philippines, France, Indonesia and South Africa, which together accounted for a further 28%.
In value terms, the United States constitutes the largest market for imported spectacle lenses of glass or other materials worldwide, comprising 16% of global imports. The second position in the ranking was occupied by Thailand, with a 4.2% share of global imports.
The average spectacle glass lenses export price stood at $64,462 per ton in 2021, reducing by -21% against the previous year.
The average spectacle glass lenses import price stood at $7,732 per ton in 2021, picking up by 22% against the previous year.

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 2030.

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

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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