According to research by the International Agency for the Prevention of Blindness (IAPM), by 2050 close to 50% of the population on earth will have visual impairment and need vision aids. Another research by the Hong Kong Department of Health shows that around 6 out of 10 students in Hong Kong need visual aids. The trend of rising demand for visual aids is also growing in China. This suggests that the market potential for spectacles is huge.
Apart from correctable eyewear, great demand for sunglasses, fashionable and bespoke spectacles and special lens has also led to a vast market which is projected to have continuous significant growth. Eyewear retailers are therefore constantly developing their capabilities to provide better consumer experience to their customers to face the blooming market and it is foresee that the future lies in the digitization in the eyeglasses industry.