The online stores segment is an emerging distribution channel that incidentally is not only the fastest growing segment but also the most radically evolving one in terms of innovation.
The contact lenses market can be categorized, based on products, into Rigid Gas Permeable RGP contact lenses, soft contact lenses, and hybrid contact lenses.
This factor is enhancing the Asia Pacific contact lens market. Growing aging population and rising acceptance of eyewear across different age groups are expected to drive the market growth across the region.
Between andplayers could acknowledge developments in contact lens technology as a significant factor augmenting their market growth. The rapid improvement in the performance and attributes of frames and glasses in terms of weight, strength, and durability is encouraging end-users to replace eyeglasses sooner.
In Africa, there is an increasing demand for primary care services and unavailabity of medical care restrains the growth of the market. Extensive use of smart contact lenses in the European countries also drives the market growth.
From being considered lifestyle products to becoming common eye accessories supplanting the traditional glasses — they have come a long way. Offering services by optical stores including eye check-up facility and consultation are the key factors driving demand from this segment.
At present, soft lenses have high oxygen permeability factor. Furthermore, regular attempts are made by manufacturers for educating masses regarding its benefits and ease of use.
Easy availability of coloured, affordable and disposable varieties led to the increased usage of the product. The Japanese market is characterized by growing demand for online purchase of contact lenses and related products.
Drawbacks associated with bi-weekly and monthly lenses including, deposition of calcium and hairspray deposits is expected to facilitate demand for daily disposables. Europe and Asia Pacific will hold onto their second and third positions respectively.
They use materials that are translucent and flexible such as silicone hydrogel, that are high on oxygen permeability and are high on water retention capacity which makes them extremely comfortable for prolonged wear.
The need among the individuals to protect their eyes is expected to drive the eyewear demand globally. Emergence of innovative products along with technological advancement will boost the product market size.
What Information does this report contain? Spherical contact lenses have same power in all meridians of the lens. Better vision properties coupled with ease of use and throw option has increased the product demand. In Augustsmart contact lenses have received U.
The players are also engaging in mergers and acquisitions to capture increased market share. In some cases, they can even assist in light reduction into the eyes for those with the light sensitivity problem. Consumers are likely to buy a new set of eyeglasses or replace the old ones.
The rise in the number of optical deficiencies and growth in the elderly population is expected to augment the eyewear market growth. The computer vision syndrome and prolonged exposure to digital content, increased incidence of eye-disorders corroborated with aging population, and public and private investments to tackle avoidable blindness are among the major growth drivers that are likely to boost the market.
The major reasons for this growth are the general eye disorders and advancement in medical sciences to deal with ophthalmological diseases. The robust eyewear demand is expected to result in an increased growth rate despite lower selling prices.
Johnson and Johnson, Essilor International S. List of Exhibits This market research report on the eye glasses and contact lenses market offers analysis on market size and forecast, market share, industry trends, growth drivers, and vendor analysis.My Eyelab is conveniently located at Scenic Hwy N, making it easy to stop in for an eye exam, prescription glasses, or contact lenses.
With plenty of parking and shops nearby, you can run errands before or after your exam. Cost Comparison: Vision Correction Vs. Glasses and Contacts. Laser vision correction is an investment and in some cases can pay for itself. Below you will find a cost analysis of wearing eyeglasses and/or contact lenses over 15 years.
The growing focus on aesthetic look and popularity of colored contact lenses in the fashion industry will boost the demand for these eye glasses and contact lenses products.
The introduction of daily disposable lenses that offer multiple advantages will create new business opportunities for the vendors. Asia Pacific, North America, Europe, and Rest of the World are the key regions in the global contact lenses market.
North America contributed to around 35% of the overall demand in Factors driving this region are high product penetration and demand for daily disposables. Eye Glasses and Contact Lenses Market – By Geography.
North America to dominate the eye glasses and contact lenses market share during the forecast period. The eye glasses and contact lenses market by geography consists of APAC, Europe, Latin America, MEA, and North America.
Operating 4, retail stores throughout North America, Luxottica was the leading optical retailer in the United States with about billion U.S. dollars worth of sales in Luxottica is.Download