Global Contact Lenses Market Size & Outlook, 2023-2030
Global contact lenses market, 2018-2030 (US$M)
Related Markets
Global contact lenses market highlights
- The global contact lenses market generated a revenue of USD 18,595.3 million in 2023 and is expected to reach USD 33,802.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.9% by 2030.
- In terms of segment, retail accounted for a revenue of USD 11,054.1 million in 2023.
- E-commerce is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 18,595.3 million |
| Market revenue in 2030 | USD 33,802.4 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | E-commerce |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | E-commerce, Retail |
Other key industry trends
- In terms of revenue, the North America accounted for 38.2% of the global contact lenses market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 635.0 million by 2030.
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Contact Lenses Market Scope
Contact Lenses Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global contact lenses market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contact lenses market will help companies and investors design strategic landscapes.
Retail was the largest segment with a revenue share of 59.45% in 2023. Horizon Databook has segmented the Global contact lenses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Contact Lenses Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- E-commerce
- Retail
- Others
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Our clientele includes a mix of contact lenses market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global contact lenses market , including forecasts for subscribers. This global databook contains high-level insights into Global contact lenses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global contact lenses market size, by region, 2018-2030 (US$M)
Top 10 countries by Contact Lenses Market revenue, 2023 (US$M)
Global contact lenses market share, by distribution channel, 2023 & 2030 (%, US$M)
Contact lenses market: Opportunity assessment by country
Global contact lenses market, by region, 2023 (US$M)
| Distribution Chann... | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 410.2 | 441.2 | 477.7 | 520.1 | 568.7 | 623.8 | 686.2 | 756.0 | 834.8 | 923.3 | 1,022.8 | 1,115.3 | 1,220.0 | 10.6% |
| Europe | 4,106.6 | 4,316.9 | 4,568.7 | 4,861.6 | 5,196.1 | 5,570.3 | 5,988.6 | 6,448.1 | 6,958.3 | 7,520.7 | 8,141.4 | 8,674.8 | 9,270.7 | 7.8% |
| North America | 5,248.4 | 5,514.3 | 5,832.8 | 6,203.3 | 6,626.5 | 7,099.6 | 7,628.5 | 8,208.8 | 8,852.9 | 9,562.5 | 10,345.0 | 11,015.4 | 11,764.1 | 7.7% |
| MEA | 350.3 | 380.0 | 414.8 | 455.2 | 501.7 | 554.5 | 614.5 | 681.8 | 758.1 | 844.1 | 941.3 | 1,033.0 | 1,137.0 | 11.2% |
| Asia Pacific | 2,814.0 | 3,095.7 | 3,425.1 | 3,807.0 | 4,246.4 | 4,747.1 | 5,318.3 | 5,963.2 | 6,697.0 | 7,528.6 | 8,472.3 | 9,379.8 | 10,410.6 | 12.3% |
| Overall | 12,929.5 | 13,748.0 | 14,719.0 | 15,847.1 | 17,139.4 | 18,595.3 | 20,236.1 | 22,057.9 | 24,101.0 | 26,379.2 | 28,922.9 | 31,218.3 | 33,802.4 | 8.9% |
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