Report Detail

Other Luxury Eyewear in South Africa

  • RnM3081767
  • |
  • 08 March, 2019
  • |
  • Global
  • |
  • 14 Pages
  • |
  • Euromonitor
  • |
  • Other

Wealthy shoppers and aspirational consumers are the main sales drivers of luxury eyewear. The wealthy are price-inelastic and prefer luxury and high-end brands such as Chanel and Tom Ford. Aspirational consumers, who are more price-sensitive and tend to finance the purchase of luxury items through credit, prefer more affordable luxury brands. Luxury eyewear is characterised by aggressive price promotions in a bid to drive volume sales. However, stricter regulations are making it more difficult f...

Euromonitor International's Luxury Eyewear in South Africa 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.


LUXURY EYEWEAR IN SOUTH AFRICA

    Euromonitor International

      February 2019

        LIST OF CONTENTS AND TABLES

          Headlines

            Prospects

              Wealthy and Aspirational Consumers Drive Demand for Luxury Eyewear

                Economic Challenges Dampen Luxury Eyewear Growth

                  Price Discounting and the Weaker Rand Affect Profit Margins

                    Competitive Landscape

                      Luxottica Maintains Its Dominance With Strong Brands

                        Rising Unit Prices and Stringent Credit Regulations Impact Growth

                          Increasingly Savvy Luxury Goods Consumers

                            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

                                              Changing Market Due To Macroeconomic Conditions and Evolving Consumer Base

                                                Market Experiences Growth But Ongoing Decline in Dynamism

                                                  Luxury Goods Market Remains Small in South Africa, With Scope for Further Growth

                                                    Multibrand Stores Remain the Main Distribution Channel

                                                      Positive Prospects for Changing Luxury Goods Market

                                                        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

                                                                                Summary:
                                                                                Get latest Market Research Reports on Luxury Eyewear. Industry analysis & Market Report on Luxury Eyewear is a syndicated market report, published as Luxury Eyewear in South Africa. It is complete Research Study and Industry Analysis of Luxury Eyewear market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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