Market Overview:
The global Transitions lenses market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sunglasses and prescription eyeglasses with transition lenses across different regions. In addition, the growing awareness about the benefits of using transition lenses is also contributing to the growth of this market. The global Transitions lenses market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into tintable coating type, tintable lens substrate type and other types. Tintable coating type is further sub-segmented into photochromic coating and thermochromic coating. Tintable lens substrate type is further sub-segmented into organic polymer substrates and inorganic glass substrates. Other types include polarizing films, mirror coatings etcetera .On the basis of application, it can be classified into office use, outdoors use and other applications such as sports & recreation etcetera .Region wise, it can be segmented into North America , Latin America , Europe , Asia Pacific and Middle East & Africa .
Product Definition:
Transitions lenses are photochromic lenses that darken in bright sunlight and lighten indoors. They are made of organic material that reacts to UV radiation. The importance of transitions lenses is that they protect your eyes from the sun's harmful UV rays and can help you see better in both bright and low-light environments.
Tintable Coating Type:
Tintable coating type is a transparent film that can be applied on the glass of the lens. It helps in reducing or eliminating reflection and increases light transmission. The most common types of tintable coatings are ionomer, polyester, and acrylic among others like polyurethane and silicone which are used for different applications depending upon their properties & characteristics.
Tintable Lens Substrate Type:
Tintable lens substrate is a type of plastic that allows the incorporation of tinted lenses into eyeglasses. The material has been around for quite some time and has seen various developments in terms of technology and manufacturing processes. However, it still lags behind glass when it comes to optical quality. Tintable lens substrates are available in two forms - cast films and thermo-polymers (thermoplastic).
Application Insights:
The office application segment led the global transitions lenses market and accounted for more than 41.0% share of the total revenue in 2017. The use of transition lenses at work helps in improving vision, eliminating visual fatigue and preventing eye strain. It also helps in maintaining good relations with co-workers by keeping a check on inter-personal conflicts caused due to miscommunication or misunderstanding at work place through effective communication skills enhancement. These aforementioned factors are likely to propel the demand for transition lenses among professionals across various industry verticals over the forecast period.
Transitioning from one activity to another requires changing gears according to need such as when moving from indoor activities like working on a computer or using a smartphone, into outdoor activities like sports or playing games outdoors where there is sunlight glare off surfaces such as snow, water etc.
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 demand for cosmetic lenses and technological advancements associated with tintable lens substrates, as well as coating types.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels, coupled with growing medical tourism in emerging economies of India and China. In addition, an increase in awareness regarding eye care products will drive demand for transition lenses over the next eight years. Europe also accounted for a significant share of revenue generation due to high acceptance of technologically advanced products along with consumer preference towards fashion sunglasses manufactured from premium materials such as metal or plastic frames combined with polycarbonate lenses (iPolaris). Moreover, high spending power among consumers will augment regional product demand during the same period (2018-2030).
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for vision care products, including Transitions lenses, which offer enhanced visual comfort for seniors.
- Rising awareness about eye health: There is a growing awareness among consumers about the importance of eye health and the need for regular eye check-ups. This is driving demand for advanced vision care products such as Transitions lenses, which offer superior optical performance and protection against UV radiation exposure.
- Proliferation of digital devices: The proliferation of digital devices such as smartphones, tablets, laptops, etc., has resulted in increased screen time among consumers worldwide. This has led to an increase in cases of computer vision syndrome (CVS), which can cause eyestrain, headaches, blurred vision, and other problems if left untreated. Transitions lenses are effective at reducing glare from digital screens and can help prevent CVS symptoms from developing or worsening .
Scope Of The Report
Report Attributes
Report Details
Report Title
Transitions Lenses Market Research Report
By Type
Tintable Coating Type, Tintable Lens Substrate Type, Other
By Application
Office, Outdoors, Other
By Companies
Zeiss, optoVision, Seiko Vision, Highbury Optometrists, Vision Ease, Rodenstoc, Corning, Hoya Vision, Jiangsu Maat Optical Technology
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Transitions Lenses Market Report Segments:
The global Transitions Lenses market is segmented on the basis of:
Types
Tintable Coating Type, Tintable Lens Substrate Type, Other
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
Office, Outdoors, Other
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:
- Zeiss
- optoVision
- Seiko Vision
- Highbury Optometrists
- Vision Ease
- Rodenstoc
- Corning
- Hoya Vision
- Jiangsu Maat Optical Technology
Highlights of The Transitions 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:
- Tintable Coating Type
- Tintable Lens Substrate Type
- Other
- By Application:
- Office
- Outdoors
- Other
- 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 Transitions 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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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?
Transitions lenses are a type of contact lens that help you transition between different eye colors. They're made out of a soft, flexible material and have small, round lenses in them. When you put them in your eyes, the lenses change color as they adjust to the light coming into your eyes. This helps you match the color of your iris (the colored part around your pupil) more accurately when wearing other types of contacts or eyeglasses.
Some of the major players in the transitions lenses market are Zeiss, optoVision, Seiko Vision, Highbury Optometrists, Vision Ease, Rodenstoc, Corning, Hoya Vision, Jiangsu Maat Optical Technology.
The transitions lenses market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Transitions 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 Transitions Lenses Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Transitions 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 Transitions 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 Transitions Lenses Market Size & Forecast, 2020-2028
4.5.1 Transitions Lenses Market Size and Y-o-Y Growth
4.5.2 Transitions 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 Tintable Coating Type
5.2.2 Tintable Lens Substrate Type
5.2.3 Other
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 Office
6.2.2 Outdoors
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Transitions 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 Transitions 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 Tintable Coating Type
9.6.2 Tintable Lens Substrate Type
9.6.3 Other
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 Office
9.10.2 Outdoors
9.10.3 Other
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 Tintable Coating Type
10.6.2 Tintable Lens Substrate Type
10.6.3 Other
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 Office
10.10.2 Outdoors
10.10.3 Other
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 Tintable Coating Type
11.6.2 Tintable Lens Substrate Type
11.6.3 Other
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 Office
11.10.2 Outdoors
11.10.3 Other
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 Tintable Coating Type
12.6.2 Tintable Lens Substrate Type
12.6.3 Other
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 Office
12.10.2 Outdoors
12.10.3 Other
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 Tintable Coating Type
13.6.2 Tintable Lens Substrate Type
13.6.3 Other
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 Office
13.10.2 Outdoors
13.10.3 Other
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 Transitions Lenses Market: Competitive Dashboard
14.2 Global Transitions Lenses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zeiss
14.3.2 optoVision
14.3.3 Seiko Vision
14.3.4 Highbury Optometrists
14.3.5 Vision Ease
14.3.6 Rodenstoc
14.3.7 Corning
14.3.8 Hoya Vision
14.3.9 Jiangsu Maat Optical Technology
