Market Overview:
The global cosmetic contact lenses market is expected to register a CAGR of 7.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for corrective and cosmetic contact lenses, rising awareness about the benefits of using contact lenses, and technological advancements in the field of ophthalmology. Based on type, the global cosmetic contact lenses market is segmented into rigid contact lenses, soft contact lenses, and hybridcontactlenses. The softcontactlenses segment is expected to registerthe highest CAGR duringthe forecast period owingto its high demand from consumers for improved comfort and aesthetics. However,.
Product Definition:
A cosmetic contact lens is a contact lens that is worn primarily for aesthetic purposes, to change the appearance of the eye. This type of lens is not designed to correct vision problems.
Rigid Contact Lenses:
Rigid contact lenses are also known as gas-permeable or hard contact lenses. They are manufactured from a material that does not allow the entry of gases such as oxygen, carbon dioxide and water into the lens during wear. These lenses find application in cosmetic contact lenses market due to their added benefits over soft Contact Lenses such as higher visual acuity, no risk of infection and better comfort during long term use.
Soft Contact Lenses:
Soft contact lenses are the type of eye wear that is made up of flexible, soft plastic or silicone and is designed to sit inside the eyes. They offer benefits such as increased comfort over regular contact lenses and can be used for extended periods without causing any irritation to the eyes. Soft contact lenses are available in a variety of forms including daily disposable, monthly reusable, single-use disposable and reusables with no expiry date.
Application Insights:
Online stores held the largest share of over 60.0% in 2017. The segment is expected to continue its dominance over the forecast period owing to factors such as increasing internet users, rising disposable income and changing shopping trends. Online cosmetic stores offer convenience for consumers as they can compare different products, get discounts on bulk purchases and have their order delivered at home without having to go anywhere or meet anyone face-to-face. This factor is likely to boost online store penetration globally which will further increase demand for contact lenses within this segment globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding cosmetic contact lenses, rising demand for fashion forward and trendsetting cosmetic products, and growing online shopping industry in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to an increase in disposable income of consumers coupled with a rise in consumer awareness about various advanced eye care solutions available on account of new product launches by key players such as Bausch & Lomb, Inc.; Allergan PLC; Merz Pharma GmbH & Co., KGaA; Novartis AG; Diyagard India Ltd.; Icare (India) Ltd.; Alcon Laboratories, Inc.
Growth Factors:
- Increasing demand for corrective contact lenses: The demand for corrective contact lenses is increasing due to the increase in the prevalence of refractive errors. According to a study by The Vision Council, around 54% of American adults require vision correction and this number is expected to grow as the population ages. This will lead to an increase in the demand for cosmetic contact lenses as well.
- Rising awareness about cosmetic contact lenses: There is a growing awareness about the benefits of using cosmetic contact lenses among consumers. This has led to an increase in their adoption rates over traditional eyeglasses and contacts.
- Growing popularity of colored contacts: Colored contacts are becoming increasingly popular among consumers due to their ability to change eye color temporarily. This has led many people, especially millennials, to switch from traditional eyeglasses or contacts to colored contacts for aesthetic purposes only .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cosmetic Contact Lenses Market Research Report
By Type
Rigid Contact Lenses, Soft Contact Lenses, Hybrid Contact Lenses
By Application
Online Stores, Retail Outlets, Others
By Companies
Cooper Companies, Johnson & Johnson, Novartis, Valeant, Carl Zeiss, Essilor, Hoya Group, UltraVision CLPL, Wesley Jessen, Cooper Companies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Cosmetic Contact Lenses Market Report Segments:
The global Cosmetic Contact Lenses market is segmented on the basis of:
Types
Rigid Contact Lenses, Soft Contact Lenses, Hybrid Contact Lenses
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Stores, Retail Outlets, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cooper Companies
- Johnson & Johnson
- Novartis
- Valeant
- Carl Zeiss
- Essilor
- Hoya Group
- UltraVision CLPL
- Wesley Jessen
- Cooper Companies
Highlights of The Cosmetic Contact Lenses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rigid Contact Lenses
- Soft Contact Lenses
- Hybrid Contact Lenses
- By Application:
- Online Stores
- Retail Outlets
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cosmetic Contact Lenses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cosmetic contact lenses are a type of eyewear that help correct vision. They are inserted into the eye and replace your natural lens. Cosmetic contact lenses can be used to improve your appearance, by correcting nearsightedness, farsightedness, or astigmatism.
Some of the major companies in the cosmetic contact lenses market are Cooper Companies, Johnson & Johnson, Novartis, Valeant, Carl Zeiss, Essilor, Hoya Group, UltraVision CLPL, Wesley Jessen, Cooper Companies.
The cosmetic contact lenses market is expected to grow at a compound annual growth rate of 7.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cosmetic Contact Lenses Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cosmetic Contact Lenses Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cosmetic Contact Lenses Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cosmetic Contact Lenses Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cosmetic Contact Lenses Market Size & Forecast, 2020-2028
4.5.1 Cosmetic Contact Lenses Market Size and Y-o-Y Growth
4.5.2 Cosmetic Contact Lenses Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Rigid Contact Lenses
5.2.2 Soft Contact Lenses
5.2.3 Hybrid Contact Lenses
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online Stores
6.2.2 Retail Outlets
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cosmetic Contact Lenses Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cosmetic Contact Lenses Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Rigid Contact Lenses
9.6.2 Soft Contact Lenses
9.6.3 Hybrid Contact Lenses
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online Stores
9.10.2 Retail Outlets
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Rigid Contact Lenses
10.6.2 Soft Contact Lenses
10.6.3 Hybrid Contact Lenses
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online Stores
10.10.2 Retail Outlets
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Rigid Contact Lenses
11.6.2 Soft Contact Lenses
11.6.3 Hybrid Contact Lenses
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online Stores
11.10.2 Retail Outlets
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Rigid Contact Lenses
12.6.2 Soft Contact Lenses
12.6.3 Hybrid Contact Lenses
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online Stores
12.10.2 Retail Outlets
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Rigid Contact Lenses
13.6.2 Soft Contact Lenses
13.6.3 Hybrid Contact Lenses
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online Stores
13.10.2 Retail Outlets
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cosmetic Contact Lenses Market: Competitive Dashboard
14.2 Global Cosmetic Contact Lenses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cooper Companies
14.3.2 Johnson & Johnson
14.3.3 Novartis
14.3.4 Valeant
14.3.5 Carl Zeiss
14.3.6 Essilor
14.3.7 Hoya Group
14.3.8 UltraVision CLPL
14.3.9 Wesley Jessen
14.3.10 Cooper Companies
