LUXURY EYEWEAR IN THE PHILIPPINES

Euromonitor International

February 2019

LIST OF CONTENTS AND TABLES

Headlines

Prospects

Tight Competition Between Brands and Retail Stores

Millennials Emerge As Key Consumers

Luxury Spectacle Frames Sees the Highest Value Growth in 2018

Competitive Landscape

Millennials and Affluent Consumers Vie for Luxottica Group's Vast Portfolio

Luxury Eyewear Players Target Better Off Consumers

Companies Turn To Local Brand Ambassadors in Marketing Strategies

Category Data

Table 1 Sales of Luxury Eyewear by Category: Value 2013-2018

Table 2 Sales of Luxury Eyewear by Category: % Value Growth 2013-2018

Table 3 NBO Company Shares of Luxury Eyewear: % Value 2013-2017

Table 4 LBN Brand Shares of Luxury Eyewear: % Value 2014-2017

Table 5 Distribution of Luxury Eyewear by Format: % Value 2013-2018

Table 6 Forecast Sales of Luxury Eyewear by Category: Value 2018-2023

Table 7 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2018-2023

Executive Summary

Luxury Goods Remains Resilient in the Face of Unfriendly Economic Conditions

Positive 2018 Growth for Luxury Goods

Highly Fragmented, Fast-developing Industry

Internet Retailing Shoots for Fastest Growth

Positive, If Slower Growth Forecast Due To Economic Fears

Market Indicators

Table 8 Number of High Net Worth Individuals (HNWI): 2013-2018

Market Data

Table 9 Sales of Luxury Goods by Category: Value 2013-2018

Table 10 Sales of Luxury Goods by Category: % Value Growth 2013-2018

Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018

Table 12 NBO Company Shares of Luxury Goods: % Value 2013-2017

Table 13 LBN Brand Shares of Luxury Goods: % Value 2014-2017

Table 14 Distribution of Luxury Goods by Format and Category: % Value 2018

Table 15 Forecast Sales of Luxury Goods by Category: Value 2018-2023

Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023

Sources

Summary 1 Research Sources

With strong competition among eyewear brands, retailers need to increase the regularity or depth of their promotional discounts to stimulate consumption. Especially in department stores and eyewear retail stores, discounts can exceed 50% for brands like Ray-Ban, Prada, Christian Dior and Armani Exchange. The online store Zalora also offers huge sales periods with discounts of 20-30% on brands like Burberry, Versace, Coach and Dolce & Gabbana. This makes luxury eyewear an even more affordable ent...

Euromonitor International's Luxury Eyewear in Philippines report offers a comprehensive guide to the size and shape of the Luxury Eyewear market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Eyewear retailing along with the development of consumers’ shopping patterns. Forecasts to 2023 illustrate how the market is set to change

Product coverage: Luxury Spectacle Frames, Luxury Sunglasses.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Luxury Eyewear market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.