Cambodia Eyewear Market Outlook (2021-2027)
Market Forecast By End-Users (Male, Female, Unisex), By Product (Spectacles, Sunglasses, Contact Lenses & Others), By Distribution Channels (Online, Offline), By Regions (Mekong Lowlands, North Western, Eastern, Cardamom And Elephant Islands) And Competitive Landscape
According to 6Wresearch, Cambodia Eyewear Market size is projected to grow at a CAGR of 4.2% during 2021-2027. The primary reason for growth in the Cambodia eyewear industry can be attributed to a higher proportion of young and middle-aged people in the overall population, along with rising screen time of both working population and children. Moreover, efforts from the government as well as NGO’s and eyewear companies to increase awareness regarding eye care and related disorders also resulted in rise in demand for eye healthcare services and eyewear.
Cambodia eyewear market experienced a downfall in the year 2020 owing to the outbreak of covid-19 and subsequent steps taken by the authorities to contain the spread of the virus which in turn resulted in economic slowdown led by low tourist arrivals and significant reduction in import of eyewear from countries such as China and Japan. As a result of economic slowdown in the country, personal disposable income was severely affected which further altered consumer spending behavior restraining the demand for eyewear in the country.
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Market by Distribution Channel Analysis
In Cambodia Eyewear market, offline distribution channel generated 99.5% of the market revenues in 2020.
Key Highlights of the Report
Cambodia Eyewear Market Overview
Cambodia Eyewear Market Forecast
Cambodia Eyewear Market Outlook
Cambodia Eyewear Market Revenue Share, By Regions
Competitive Benchmarking
Key Strategic Recommendations
Cambodia Eyewear Market Revenue Share, By Market Players
Market Drivers and Restraints
Market Trends
Historical Data and Forecast of Cambodia Eyewear Market Revenues, for the Period 2017-2027F
Historical Data and Forecast of Cambodia Eyewear Market Revenues, By End Users, for the Period 2017-2027F
Historical Data and Forecast of Cambodia Eyewear Market Revenues, By Regions, for the Period 2017-2027F
Historical Data and Forecast of Cambodia Eyewear Market Revenues, By Products, for the Period 2017-2027F
Historical Data and Forecast of Cambodia Eyewear Market Revenues, By Distribution Channels, for the Period 2017-2027F
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