Trading Of Spectacles Companies in Malaysia

The Malaysian government has been encouraging the development of the local spectacle industry and has been providing various incentives to companies in this sector. As a result, many companies have set up operations in Malaysia, resulting in a highly competitive landscape.

The major players in the Malaysian spectacle industry are ZEISS, Hoya, Essilor, and Asahi. These companies have been engaged in intense competition in recent years, with each trying to gain market share.

ZEISS is the market leader in Malaysia, with a market share of around 40%. The company has a strong presence in the premium segment and has been able to maintain its position despite intense competition.

Hoya is the second-largest player in the Malaysian spectacle market, with a market share of around 30%. The company has a strong presence in the mid-priced segment and has been able to gain market share in recent years.

Essilor is the third-largest player in the Malaysian spectacle market, with a market share of around 20%. The company has a strong presence in the low-priced segment and has been able to gain market share in recent years.

Asahi is the fourth-largest player in the Malaysian spectacle market, with a market share of around 10%. The