Consumer Confidential: Glasses are still too damn expensive
The outlook for 2022 and beyond is increasingly blurry. By that I mean global sales of eyewear and other vision products will top $209 billion over the next five years, according to a recent forecast by market researcher Imarc Group. That’s up from $140 billion last year and reflects in part “the increasing usage of electronic devices or gadgets.” Which is to say, pandemic binge-watching and ...
The outlook for 2022 and beyond is increasingly blurry.
By that I mean global sales of eyewear and other vision products will top $209 billion over the next five years, according to a recent forecast by market researcher Imarc Group.
That’s up from $140 billion last year and reflects in part “the increasing usage of electronic devices or gadgets.” Which is to say, pandemic binge-watching and our growing habit of staring at small screens are ruining our eyes.
And yet, despite increasing disruption by a new breed of online optical companies, eyewear prices are still exorbitantly high — with markups in some cases approaching 1,000% — and remain one of the most
