Future Outlook Of The Eyewear Market In Malaysia
Malaysia is emerging as one of the big players in the eyewear industry, particularly with the opening up of two state-of-the-art fashion universities. The classes offered by these universities are designed to equip students with the latest eyewear technology and marketing techniques. This will help them be at the forefront of eyewear technology, particularly with the opening up of those universities.
Eyewear products have always been a matter of great controversy since time immemorial. Initially there were two major players in this marketplace - eyewear manufacturing companies such as Ray Ban and Oakley, and there were several brands that supplied cheaper prices but did not actually meet the high quality standards the leading brands do. As years passed, other manufacturers also entered the scene, with new designs and improved materials. Nevertheless, these new entrants did not last long. They became over-stocked or their popularity fizzled out after a while. This has left the market with just two important players - eyewear manufacturing firms like Ray Ban and Oakley, and optical shops offering affordable prices for prescription glasses.
Since then, there was a drastic change in the kinds of frames available, both for men and women, and for different purposes. There has been a rise in the prices, as well as in the number of brands. But these changes have been brought about mostly in reaction to the recent decades, 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 anticipate in the coming years. First is the introduction of new lenses. These lenses, that are expected to come in the next few years, will be available in various colors, styles and designs. There's also a new layout coming out from the marketplace called progressive spectacles. The design of these spectacles is very similar to bifocals, but they'll turn from opaque to transparent lenses.
Another upcoming development is the introduction of bifocal contact lenses. Bifocal lenses will be made of a couple of materials and will vary from one color to another based on whether you're near or far sighted. You may no longer need reading glasses, if you just have to see things clearly. This is very beneficial for those who suffer from presbyopia. This is also an improvement for people who wear eyeglasses.
There are quite a few different developments on the horizon. For instance, there is a new design for progressive spectacles coming out in the next several years. It's known as progressive lens treatment and it'll enable the wearer to adapt to any light environment regardless of its intensity. It is designed 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. But this has been changing in the last few years due to 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 country is expected to grow over the next several years. The government has been promoting the use of spectacles and sunglasses in the country for a way to decrease the dependence on traditional eyewear. By doing this, it will improve the overall health of Malays and lure more tourists to the country.
From the above, it is possible to see that there's a whole lot of potential in the eyewear market in Malaysia. As more tourism and commerce opportunities develop in the country, the demand for spectacles and sunglasses will increase. Additionally, the present government has been encouraging the use of spectacles and corrective lenses by making modifications to the present legislation and introducing new policies. From these, one can get a better idea of the future outlook eyewear Malaysia.