Navigation Links
Asian Optical Retailers Upbeat about 2010

SINGAPORE, Nov. 2 /PRNewswire-Asia/ -- GfK Asia releases its Pan Asia optical retailers and consumers preference survey information in line with the 17th Hong Kong Optical Fair, hosted by Hong Kong Trade Development Council. The five key regions surveyed in October 2009 include China, Hong Kong, Korea, Singapore and Malaysia. The survey shows that 70% of optical retailers indicate business will be better or the same in 2010.

GfK Asia Regional Commercial Director, Stanley Kee said "In line with the general economic recovery signs across Asia, our survey results show Optics industry upbeat and confident as we head towards 2010. GfK also sees the industry reinventing itself through personalized service logistics solution by direct delivery to consumers. Change of retail strategy is also observed. Some large Chain stores are expanding their distribution not by setting up new shop outlets but populating their presence by having dedicated retail space in department stores etc. achieving a "shop-in-shop" approach" "In Korea, some shops even invest in Karaoke facilities to appeal to their shop customer profile needs. Such unique approach in retailing creates a whole new excitement as we move forward into a promising 2010 business year" added Mr. Kee.

According to GfK Asia survey for sunglasses and frames, result shows that 55% of consumers see design as the key deciding factor to purchase sunglasses, spending an average of 140 USD per pair. Surprisingly, retailers see price as the biggest motivator for consumer purchase. The survey also shows that 62% of consumers who purchased sunglasses wanted to protect their eyes from the Sun. "From the results, Asian consumers are willing to spend more for their sunglasses if the design fits their fashion lifestyle appeal." commented Mr. Kee.

GfK Asia Regional Account Manager, Anthony Tan said" For contact lens, silicone hydrogel segment is the emerging trend likely to take the retail contact lens market by storm in near future. GfK's retail audit data in Asia Pacific already shows 13% share for silicone hydrogel segment compared to total contact lens market within a short span of one year until September 2009. Growth for this segment has been encouraging; consumer preference for high quality contact lens products is evident. We foresee good times ahead for this category."

Mr. Kee said "The recent recession has allowed the optics industry to re- examine its business, adjust its distribution strategy, personalizing its services through efficient logistic solution to create convenience, while innovating products and infiltration of niche segments within the markets." Both Mr. Kee and Mr. Tan are also invited guest speakers at the 17th Hong Kong Optical Fair on the 4th of November 2009.

About GfK Asia Pte Ltd

GfK Asia Pte Ltd (GfK Asia), part of the global GfK Group, is a leading research company with over 20 years experience in providing reliable Asian retail and technology market data. Our analysts track a broad range of consumer technology markets, including: consumer electronics, telecommunications, IT, household electrical appliances (large and small), optics, entertainment, gaming as well as digital imaging. GfK Asia covers more than 55 product groups and over 350,000 models, collecting monthly data from over 6,000 specialist / independent shops as well as over 170 organized retailers with approximately 15,000 outlets. This disciplined methodology, together with tight field operational control in every country, allows GfK Asia to produce high quality reports containing reliable information that our clients can use with confidence.

Based in Singapore, with other offices in China, India, Japan, Australia and New Zealand, GfK Asia offers coverage of the following countries: Singapore, Malaysia, Thailand, Indonesia, Korea, Taiwan, Hong Kong, Cambodia and Vietnam. For further information please visit our website:

The GfK Group

The GfK Group is the No. 4 market research organization worldwide. Its activities cover the three business sectors of Custom Research, Retail and Technology and Media. In financial year 2008, the Group achieved sales of EUR 1,220.4 million. The Group has a total of 150 companies operating in more than 100 countries. Of the 10,267 employees (as at March 31, 2009), more than 80% are based outside Germany. For further information, visit our website:

Editors Notes:

-- GfK Asia currently tracks contact lens market in China (3 cities: Beijing, Shanghai and Guangzhou), Korea (5 Regions: Seoul, Inchon, Kyonggi, Kyongbuk, Kyongnam), Taiwan, Hong Kong, Singapore and Malaysia.

-- In November 07 GfK Group took over the optics panel from The Nielsen Company in Japan. This acquisition allows GfK a very strong measurement representation to the world market for Optics industry.

-- In January 2009, GfK Group acquired The Nielsen Company's optics panel in the USA.

    Media Contact:

     Lisa Williamson
     Bryant Williamson Communications
     Tel:   +65-9100-4097

SOURCE GfK Asia Pte Ltd

SOURCE GfK Asia Pte Ltd
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Asians Seem to Suffer Less During Childbirth
2. World Vision Says Asian Disasters Should Be Wake-Up Call For Global Leaders
3. Asian American Stars to Unite for B HERE Campaign Monday, October 5
4. Asian Countries Cannot Afford To Ignore the Cost of Rheumatoid Arthritis
5. GENova appoints Director of Asian business development
6. DURECT Announces License of ADHD Drug Candidate in Selected Asian and South Pacific Countries to Orient Pharma
7. US-born Asian-American women more likely to think about, attempt suicide
8. Mega-Catch™ 3000 Combination Lure Attracts Asian Tiger Mosquitoes (Aedes Albopictus)
9. Understanding the process of homosexual identity formation among Asian and Pacific Islander youth
10. Asian spice could reduce breast cancer risk in women exposed to hormone replacement therapy
11. Caucasians are at higher risk of developing Ewings sarcoma than other races
Post Your Comments:
(Date:10/10/2015)... ... October 10, 2015 , ... Isabel Healthcare will participate in the Cerner Health ... the release of the Institute of Medicine’s latest report “Improving Diagnosis in Healthcare”, Isabel ... that assist healthcare providers and consumers to potentially reduce the chance of error. The ...
(Date:10/10/2015)... ... October 10, 2015 , ... In the inaugural people’s choice contest, entitled ... To Work in Jacksonville, amongst medium-sized companies with 25 – 99 employees. The announcement ... with a celebratory gala on October 1st. , Many of the features of ...
(Date:10/9/2015)... California (PRWEB) , ... October 09, 2015 , ... ... Osteopathic Medicine of the Pacific Associate Dean for Graduate Medical Education J. Michael ... of the Year Award. Finley was selected for his impact on graduate medical ...
(Date:10/9/2015)... Los Angeles, CA (PRWEB) , ... October 09, 2015 , ... ... awareness for breast cancer victims, survivors, and the ongoing effort to find a cure. ... patients another outlet for helping women in need. With their Bra Collection Campaign, Beverly ...
(Date:10/9/2015)... ... October 09, 2015 , ... A new health tool that helps identify if ... online ( ) – just in time for the cold and flu season, ... However, for many in the U.S., the real start of cold/flu season is the ...
Breaking Medicine News(10 mins):
... ... medical journal Osteoporosis International found that women taking AdvaCAL® calcium had the highest bone ... 32 studies involved 3,169 postmenopausal women, 79 skeletal measures and 7 different types of ... ...
... ... Dermatologist settled in Dubai, received the very prestigious ,HIND RATTAN AWARD, this ... Rattan was presented at a ceremony in connection with the yearly International ... Heavy Industries and Public Enterprises, Government of India. Dr. Mehta was awarded ...
... ... IL based management consulting and technology firm, today announced it will merge ... Gold Certified Partner, effective January 1, 2010. Logan Consulting is ... America, Europe and Asia since 1992. Under the new structure, ...
... , ... Omnetics Connector Corporation, the leading manufacturer of miniature high-rel connectors, is utilizing their ... , ... MN (Vocus) January 29, 2010 -- Omnetics Connector Corporation, the leading manufacturer of ...
... ... Vemma Nutrition Company launches Vemma ... or other sports drinks, Vemma THIRST goes beyond hydration by ... minerals, while replenishing the body with necessary electrolytes, specialized carbohydrates ...
... , , Majority of Mississippi ... Jan. 28 The following is a statement by ... Consumer Healthcare Products Association (CHPA): , "Today, the Mississippi ... that, if it becomes law, will greatly limit how cold and ...
Cached Medicine News:
(Date:10/9/2015)... , Oct. 9, 2015 Regardless of ... environments, corporate communications is perpetually evolving. Due to ... professionals must continuously adjust their business-to-business (B2B) communication ... adjustments is difficult, but also critical as a ... --> --> ...
(Date:10/9/2015)... 2015  Insulet Corporation (NASDAQ: PODD ), the ... its OmniPod ® Insulin Management System, today announced ... quarter of 2015 on November 5, 2015 after the ... release, management will host a conference call that day ... . A replay will be available two hours after ...
(Date:10/9/2015)... Maryland , October 9, 2015 ... Inc. (OTCQB: CNBX) has announced its execution of an Intellectual ... & Liabilities Agreement with Cannabics, Inc. a Delaware Corporation, related ... company. --> --> ... restructuring of the Company, whereby the Research and Development ...
Breaking Medicine Technology:
... 2010 Decision Resources, one of the world,s leading research ... by 2019 the acute gout drug market will triple in ... will reach $1.83 billion. According to the ... Agents Target Refractory Patients and Tap Market Opportunity, both ...
... Physiotherapy Associates, the nation,s foremost provider of outpatient ... includes physical therapy services and a health and wellness ... MS for patients, available in its more than 600 ... MS Specialty Program will benefit the more than 400,000 ...
Cached Medicine Technology:
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
Medicine Products: