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Asian Optical Retailers Upbeat about 2010
Date:11/2/2009

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 fu
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SOURCE GfK Asia Pte Ltd
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