Read our latest reports on Latin America here, with analyses and ...
Read our latest reports on Latin America here, with analyses and market statistics that explore the evolving consumer preferences, market environment and inherent growth potential in individual countries, or briefings that assess key strategic themes...
Technological advances in 2024 will continue to reshape consumer behaviour. This annual report explores the top five digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this report’s edition…
Now in its seventh edition, this report explores the top digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this edition touch on topics such as second-hand shopping, community group buying,…
The development of sunglasses is being impacted by hiking prices. According to Euromonitor International's Economies and Consumers Annual Data, Mexico experienced an inflation rate of 8.07% in 2022, which is projected to decrease to 6.09% in 2023. To…
The pandemic impacted each industry differently, including eyewear, where the performance of different categories varied greatly. Demand for contact lenses and spectacles has grown significantly since 2021, while sales growth of sunglasses has been…
Ray-Ban, Rusty, Oakley and Vulk are set to remain the leading brands in sunglasses in Argentina in value sales terms in 2023. Among these top four players, the Luxottica-owned Ray-Ban and Oakley have been hardest hit by import restrictions recently…
Inflationary trends and higher prices are exerting pressure on demand for spectacles as many Mexican families seek to prioritise essentials and search for more affordable eyewear solutions. Subsequently, brands and retailers are placing a greater…
Local consumers returned to physical stores on a more regular basis following the easing of restrictions in Brazil, supporting significant growth of eyewear in 2022. This trend continues in 2023, as the local population generally feels safer spending…
Hoya, a Japanese producer of spectacle lenses, has entered and exited eyewear in Argentina on multiple occasions over several years depending on how macroeconomic conditions have fluctuated. After an absence of some time, towards the end of the…
The coronavirus (COVID-19) pandemic has triggered the most severe global recession in nearly a century. Businesses are operating in a world of anxieties and uncertainties, not knowing what will be the new normal or when output and consumer spending…
This report examines inflation levels and drivers globally and in key countries in Q4 2023 and 2024. Global inflation is moderating, although divergence remains among the key economies. Higher volatility in the energy markets and disruption of…