From August 17th to 18th, Danyang E-Commerce Chamber of Commerce visited Kuala Lumpur, Malaysia, and carried out exchange activities. They visited the local e-commerce platform SHOPEE and the Chinese General Chamber of Commerce, and investigated the Malaysian eyewear market.
Mr. Liao (Datu), director of the business group of ACCCIM and the owner of the largest local focus glasses chain store, shared with you the development of the glasses industry and other industries in Malaysia.
Malaysia is one of the spectacles markets with relatively high consumption potential in Southeast Asia. Its population is only about 31.1 million, and its myopic population is about 14 million. It has great potential for the development of the spectacles market. At present, the top five retailers in the Malaysian optical retail market account for about 26.1% of the industry's total revenue. According to the Ipsos report, the compound growth rate of the Malaysian optical retail market is about 5.9% from 2019 to 2023, of which the mass market will grow by 6.6%. , The middle and high-end markets grew by 6.2% and 4.7% respectively. It is estimated that the glasses market will reach 2.5 billion ringgits this year.
Looking forward to the continuous exchanges between eyewear companies and Malaysia to bring new thinking collisions, and continuous learning and progress to help eyewear industry enterprises to achieve greater breakthroughs in e-commerce!
Post time: Aug-25-2023