Opticians & Optical Goods Market is Expected to Remain Highly Competitive Over the Next 5 Years

Opticians & Optical Goods - Marketoperate.
Assessment Report ( ) This Market Assessment 
report provides an analysis of the opticians and The retail environment in the opticians market
optical goods market, which includes spectacles,remains highly competitive, and expansion and
contact lenses and solutions, laser eye treatment,consolidation remain key features. For example,
private sight tests and general ophthalmicSpecsavers has recently opened its 1,000th outlet
services. It updates a previous Opticians &worldwide; and in May 2008, Vision Express
Optical Goods Market Assessment reportacquired the GC Bateman Group of opticians
published in 2006.(Batemans Opticians). Tesco has announced plans
 to double its number of in-store optician practices
 The spectacles sector has shown steadyduring 2008, and Black & Lizars, a
growth in value since 2003, due to increases inScotland-based optician company, aims to almost
the number of sight tests taken and the varioustreble the number of stores it operates following
sales promotions undertaken. However, theits acquisition in April 2008 by a consortium of
sector remains highly competitive, and a numberEuropean investors.
of the leading chains are currently and actively 
promoting their economically priced range of Almost two-thirds of the world's population are
spectacles. The leading suppliers of spectacles andthought to need corrective eyewear, although
frames include: Carl Zeiss/SOLA; Essilor; Luxottica;little more than a quarter of the global population
Rodenstock; Safilo; Silhouette; and the UK-basedwear glasses. The highest wearer rates are in the
Norville.developed markets of North America, Europe and
 Japan, whereas in other parts of the world,
 Changes made in 2005 to the 1989 UK Opticiansincluding Asia-Pacific, wearer rates are
Act — which allowed contact lenses to beconsiderably lower. Much of the future potential
supplied under the `general direction' of a qualifiedfor the corrective eyewear industry lies in
practitioner, rather than requiring the `supervision'developing the markets in Asia-Pacific.
of sales — continue to have an impact on the 
market. The changes opened up the retail market In original consumer research commissioned
for contact lenses to an extended range ofexclusively for this report, 89.6% of adults said
sellers, including the major supermarket chains andthat knowledgeable staff and a clean and tidy
online retailers, for which price is a major sellingenvironment were important to them in choosing
point. The supply of contact lenses and solutionsan optician. The survey also found that a
continues to be concentrated in the hands of asubstantial percentage of respondents felt that
few large US multinationals, including Johnsonprice was the most important factor when
& Johnson, Bausch & Lomb,choosing an optician. An increasing proportion of
CooperVision, Advanced Medical Optics and Alconadults are put off from having their eyes tested
Laboratories. Swiss-owned CIBA VISION is one ofregularly because of the eye-test fee.
Europe's leading suppliers, and daysoft is one of 
the leading UK suppliers. The UK opticians and optical goods market is
 expected to remain highly competitive over the
 The laser eye-treatment sector received anext 5 years (to 2012), with the impact of the
boost in March 2006 when the National Institute`credit crunch', and its effects on retail sales in
for Health and Clinical Excellence (NICE) issuedgeneral, expected to have some negative
guidance that laser eye surgery was safe enoughconsequences in the short term. Nevertheless, the
and sufficiently effective to be carried out onvalue of the sector is projected to show steady
appropriately selected patients. Since then, thegrowth over the forecast period from 2008 to
number of clinics offering laser eye surgery has2012 — with further consolidation within the
increased and the three market leaders in theopticians sector and increasing competition from
sector — Optical Express, Optimax andthe multiples and online eyewear sellers being
Ultralase — have all announced plans toexpected to place more pressure on the smaller
increase further the number of clinics theyoptician chains and the independent opticians.