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German opticians expect rise in glasses sales because of baby boomers

Europe
12.01.2018
By our dpa-correspondent and Europe Online    auf Facebook posten  Auf Twitter posten  
Munich (dpa) - German opticians are eyeing a long period of sales growth as more and more baby boomers realize they need spectacles.

Sales continued to grow last year, and the baby boomers should ensure growth for 25 years to come, industry organizations ZVA and Spectaris said on Friday as the ophthalmic optics trade fair got under way in the southern city of Munich.

Some 41 million Germans need glasses, while 3 million people - and growing - wear contact lenses.

In 2016, German opticians sold almost 12 million pairs of glasses. In addition to demand from the ageing population, there was also increased demand for specialist glasses, such as for computer screen work, car driving and sport.

Opticians saw sales increase by 1.5 per cent to reach 5.8 billion euros (7 billion dollars) in 2017 compared to 2016.

Chains are taking an increasing slice of the market, with the top 10 accounting for around half of all sales.

New products on display at the Munich fair include hexagonal and octagonal glasses, square glasses in round frames and glasses that seem to be falling out of their frames.

There is also a nostalgic trend with traditional round glasses and classic aviator glasses on show at some stands.

 

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