Future Outlook Of The Eyewear Market In MalaysiaPosted by Bundgaard Ali on June 23rd, 2021 Malaysia is emerging as one of the major players in the eyewear business, especially with the opening up of two state-of-the-art fashion universities. The courses offered by these universities are designed to equip students with the most recent eyewear technology and marketing techniques. This will help them be at the forefront of eyewear technology, especially with the opening up of those universities. Eyewear products have always been a matter of great controversy since time immemorial. Initially there were just two major players in this marketplace - eyewear manufacturing companies such as Ray Ban and Oakley, and there were some brands that provided cheaper prices but didn't actually meet the high quality standards that the leading brands do. As years passed, other brands also entered the scene, with new designs and improved materials. However, these new entrants did not last long. They became over-stocked or their popularity fizzled out after some time. This has left the market with just two major players - eyewear manufacturing companies like Ray Ban and Oakley, and optical stores that offer affordable rates for prescription glasses. Since then, there has been a drastic change in the types of frames available, both for women and men, and for different purposes. There has been an increase in the prices, as well as in the amount of brands. However, these changes are brought about mostly in response to the recent years, when eyewear production has become more complicated and competition has become more intense. There are lots of upcoming changes in the eyewear market which we can expect in the next few years. First is the introduction of new lenses. These lenses, which are expected to come in the next few decades, will be available in various colors, styles and designs. There's also a new layout coming out in the marketplace called progressive spectacles. The design of these spectacles is similar to bifocals, but they will turn from opaque to transparent lenses. Another forthcoming development is the debut of bifocal contact lenses. Bifocal lenses will be made of a couple of materials and will change from one color to another depending on whether you are near or far sighted. You will no longer need reading glasses, in case you just need to see things clearly. This is quite beneficial for those who suffer from presbyopia. This is also an improvement for people who wear eyeglasses. There are many other improvements on the horizon. As an example, there's a new design for innovative spectacles coming out in the next several years. It's called progressive lens treatment and it'll allow the wearer to adjust to any light environment no matter its intensity. It is intended to combat the rising rate of hyperopia in Malaysia. The demand for prescription glasses has been falling since the late 1980s when there was a huge increase in people wearing contact lenses. However, this has been changing in the past few years because of changes in the overall landscape of the market. Currently, the market size of eyewear in Malaysia is relatively small. However, the rising demand for spectacles and sunglasses in the nation is expected to grow over the next several years. The government has been promoting the use of spectacles and sunglasses from the country for a means to decrease the dependency on traditional eyewear. By doing this, it will improve the overall health of Malays and entice more tourists to the country.
From the above, it is possible to see that there is a whole lot of potential in the eyewear market in Malaysia. As
eyewear malaysia and commerce opportunities develop in the country, the demand for spectacles and sunglasses will increase. Additionally, the present government has been promoting the use of spectacles and corrective lenses by making modifications to the existing laws and introducing new policies. From these, one can find a better idea of the future outlook eyewear Malaysia.
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