The global Cosmetic Contact Lenses Market size was valued at over USD 836 million in 2017 and is projected to grow over 6.5% CAGR by 2024.
Cosmetic Contact Lenses Market Overview:
Rising fashion trends coupled with increasing adoption of cosmetic lenses are majorly driving the industry growth. Increasing popularity of trendy products with a variety of appealing colors, shades, and textures to enhance the appearance of eyes has greatly increased the market share of cosmetic lenses. Increased penetration of social platforms, online media, and entertainment is strongly influencing modern eyewear trends across the globe.
Changing consumer preference for enhanced eye color to enhance facial appearance and style, especially in the fashion industry, has prompted business expansion. Decorative touch points make great fashion statements as they add a unique visual element to the industry. Consumers including movie stars, models, TV actors, and sports athletes mainly use colored contact lenses in their daily life, thereby driving the product demand.
Cosmetic Contact Lenses market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Cosmetic Contact Lenses market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global Cosmetic Contact Lenses market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Top Key Players include in the Cosmetic Contact Lenses Market are
Cooper Companies, Johnson & Johnson, Novartis, Valeant, Carl Zeiss, Essilor, Hoya Group, UltraVision CLPL, Wesley Jessen, and others.
The Cosmetic Contact Lenses market research report is categorized based on type, applications and region.
On the Basis of Type:
- Rigid Contact Lenses
- Soft Contact Lenses
- Hybrid Contact Lenses
On the Basis of Application:
- Online Stores
- Retail Outlets
On the Basis of Region:
Geographically, the global Cosmetic Contact Lenses market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Cosmetic Contact Lenses region is dominating this market in the upcoming future.
Sales in the European market exceeded US$165 million in 2017, thanks to the strong presence of the French, German and British fashion and apparel industries. Famous fashion models, film actors, and singers hub, the strong presence of music videos boosts the demand for colored contact lenses across the region. Rising usage of cosmetic contact lenses owing to enhanced fashion gestures of the younger generation, mainly stimulating the industry share.
The color contact lenses market in Asia Pacific is expected to grow at a CAGR of over 6%. The growth was mainly contributed by China, Japan, Taiwan, and South Korea owing to the high adoption of the product in the region. The huge population base stimulates the demand for spherical color lenses. The huge penetration of the entertainment industry positively affects the population of China, South Korea, and Japan and will strongly support the industry share.
Further the regions are divided into countries as follows
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Cosmetic Contact Lenses Market report scope
CAGR of 6.5% during forecast period.
Rigid Contact Lenses, Soft Contact Lenses, Hybrid Contact Lenses
Online Stores, Retail Outlets
Cooper Companies, Johnson & Johnson, Novartis, Valeant, Carl Zeiss, Essilor, Hoya Group, UltraVision CLPL, Wesley Jessen
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America(Brazil, Argentina, Rest of Latin America)
- Rest Of the World
2017 to 2022
2023 to 2030
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Cosmetic Contact Lenses market?
Who are the key vendors of the global Cosmetic Contact Lenses market?
What are the leading key industries of the global Cosmetic Contact Lenses market?
Which factors are responsible for driving the global Cosmetic Contact Lenses market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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