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Opticians in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Opticians Market Research Report | SIC G47.780 | Sep 2016

Clear contenders: Rising competition has constrained industry growth in recent years

IBISWorld’s Opticians market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Alliance Boots plc Alliance Boots plc market share
Specsavers Limited Specsavers Limited market share
Vision Express (UK) Limited Vision Express (UK) Limited market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

Operators in the Opticians industry fit and sell frames and prescription lenses, contact lenses and other eyewear accessories, and provide eye tests for consumers. The industry has exhibited relatively subdued performance over the past five years, with revenue contracting significantly in 2011-12 due to falling disposable income levels and weakening consumer demand at the start of the period. The emergence of new external competition from supermarkets such as Tesco and Asda has put growing pressure on the already saturated market for corrective lenses. The ‘special offer' culture in which operators and competitors alike discount heavily in order to attract customers has become common on the high street, placing enormous pressure on profit margins... purchase to read more

Industry Report - Industry Investment Chapter

The Opticians industry has a low level of capital intensity. Wages are estimated to absorb 26.2% of revenue in 2016-17, while depreciation is expected to account for 1.7% of revenue. Therefore, for every £1.00 operators spend on capital, they typically spend £15.39 on wages. Most of the services that operators provide are carried out by people. Operators must hire qualified opticians and one must be present in order for the store to be able to fit glasses and lenses as prescribed.

Firms may also choose to hire optometrists who are trained to recognise, manage and treat eye abnormalities and some eye diseases. However, the majority of employees are general sales assistants that help customers choose the correct frame and assist the sales process. Cap.. purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Opticians Industry?

Operators in this industry sell and fit prescription lenses, frames, contact lenses and other eyewear accessories from specialised stores. Opticians are trained to fit frames for customers and some also provide eye examinations. The industry excludes online retailers and in-store opticians in supermarkets.

Industry Products
FramesPrescription lensesContact lensesEye testsOther products
Industry Activities
Retail sale of prescription lenses in specialised storesRetail sale of framesRetail sale of contact lensesRetail sale of sunglasses and other eye accessoriesProvision of eye examinations

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