Asia Pacific Contact Lenses Market Size & Outlook
Asia Pacific contact lenses market, 2018-2030 (US$M)
Related Markets
Asia Pacific contact lenses market highlights
- The Asia Pacific contact lenses market generated a revenue of USD 4,747.1 million in 2023.
- The market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
- In terms of segment, retail was the largest revenue generating distribution channel in 2023.
- E-commerce is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 4,747.1 million |
| Market revenue in 2030 | USD 10,410.6 million |
| Growth rate | 11.9% (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 |
| Key market players worldwide | Johnson & Johnson, Alcon Inc, Bausch & Lomb Corp, ZEISS Group, The Cooper Companies Inc, Essilorluxottica, Hoya Corp, S&W Seed Co, Staar Surgical Co, SynergEyes, Contamac, Medennium, X-Cel Specialty Contacts |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.5% of the global contact lenses market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,410.6 million by 2030.
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Contact Lenses Market Scope
Contact Lenses Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 66.89% in 2023. Horizon Databook has segmented the Asia Pacific contact lenses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
The growing preference of youth and working women for contact lenses is one of the key factors in the development of the contact lens market in Japan. In China, the contact lens market is driven by online retailing and the rising acceptance of online purchasing among Chinese consumers.
In Australia, technological and scientific advancements in the development of contact lenses are driving market demand. Companies are focusing on increasing comfort through the use of silicone hydrogel materials.
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Target buyers of Asia Pacific contact lenses market databook
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Our clientele includes a mix of contact lenses market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific contact lenses market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific contact lenses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific contact lenses market size, by country, 2018-2030 (US$M)
Asia Pacific Contact Lenses Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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