NEW YORK, July 23, 2021 /PRNewswire/ --
Set to grow by USD 3.92 billion during 2021-2025, Technavio's latest market research report estimates the contact lenses market to register a CAGR of over 5%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The rising adoption of daily disposable contact lenses will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The contact lenses market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Contact Lenses Market 2021-2025: Segmentation
Contact Lenses Market is segmented as below:
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Contact Lenses Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the contact lenses market in the Apparel, Accessories & Luxury Goods industry include Advanced Vision Technologies Ltd., Bausch Health Companies Inc., BenQ Materials Corp., Carl Zeiss AG, Contamac Ltd., HOYA Group, Johnson and Johnson Inc., Menicon Co. Ltd., SEED Co. Ltd., and The Cooper Companies Inc. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The report also covers the following areas:
Contact Lenses Market size
Contact Lenses Market trends
Contact Lenses Market industry analysis
The increasing focus on enhancing aesthetics is likely to emerge as one of the primary drivers of the market. However, stringent regulations may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research report on the contact lenses market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Related Reports on Consumer Discretionary Include:
Global Soft Contact Lens Market - Global soft contact lens market is segmented by product (daily soft contact lens, weekly replacement lens, monthly replacement lens, and others), geography (North America, Europe, APAC, South America, and MEA), and application (corrective lens, therapeutic lens, and cosmetic lens).
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Global Glass Lens Market - Global glass lens market is segmented by product (progressive glass lenses, single glass vision lenses, and bifocal glass lenses) and geography (APAC, Europe, MEA, North America, and South America).
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Contact Lenses Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist contact lenses market growth during the next five years
Estimation of the contact lenses market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the contact lenses market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of contact lenses market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
Soft lenses - Market size and forecast 2020-2025
Rigid gas permeable lenses - Market size and forecast 2020-2025
Hybrid lenses - Market size and forecast 2020-2025
Market opportunity by Product
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
Advanced Vision Technologies Ltd.
Bausch Health Companies Inc.
BenQ Materials Corp.
Carl Zeiss AG
Johnson and Johnson Inc.
Menicon Co. Ltd.
SEED Co. Ltd.
The Cooper Companies Inc.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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