Optical Prism April 2016 | Page 30

VISIONWATCH CANADA MARKET OVERVIEW VISION CORRECTION AND EXAMS U.S. CANADA 76.3% Uses any form of Vision Correction Prescription Eyeglasses 29.4% Private Vision Insurance Coverage 5.1% Need Vision Correction but Don’t Use 75.7% 49.9% 5.3% CORRECTIVE EYEWEAR FRAMES 67.1% Prescription Eyeglass Usage Frames Market Channel Sales (by units) 7.7 Units Sold (Millions of pairs) 73.3 1,296 Total Value (Millions of CAD) 11,555 169 64.2% Average Price Paid (CAD) 158 44.0% Independent Optical Store 45.5% 42.6% Retail Optical Chain 26.8% 13.4% Other 27.7% (Dept Store, Mass Merchants) CORRECTIVE LENSES CA U.S. Lens Market (Approximate twelve month sales) 82.1 9.0 Units Sold (Millions of pairs) 1,865 Total Value (Millions of CAD) 207 Average Price Paid (CAD) Lens Styles (by units) 55.0% Single Vision Multifocal 26.6% 18.4% Progressive 52.0% 17.9% 30.1% PLANO SUNWEAR 82.4% 15,023 Plano Sunglass Usage 86.1% 183 Lens Coatings(by units) 12.1% 53.9% 11.2% Photochromic 15.8% Anti-Reflective 30.0% Sun Tinted / Polarized 7.4% READERS AND CONTACT LENSES 9.9% Reading Glasses (OTC) Usage 12.4% 9.0% Conta