Europe Contact Lenses Market Size & Outlook, 2023-2030
Europe contact lenses market, 2018-2030 (US$M)
Related Markets
Europe contact lenses market highlights
- The Europe contact lenses market generated a revenue of USD 5,570.3 million in 2023.
- The market is expected to grow at a CAGR of 7.5% 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, Russia is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 5,570.3 million |
| Market revenue in 2030 | USD 9,270.7 million |
| Growth rate | 7.5% (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, Europe region accounted for 30.0% 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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Europe 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 61.17% in 2023. Horizon Databook has segmented the Europe contact lenses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption rate of daily disposable contact lenses and soft lenses is rising in France, which is expected to drive the market in the forecast period. The overall market for contact lenses has been relatively stable in Italy over the last decade, but the incidences of myopia have been increasing, which are expected to drive the market demand for contact lenses.
The economic growth of Spain is modest, which is pushing the disposable income of individuals, but Spanish consumers seem reticent to make excessive expenditures on non-essential products, and contact lenses are not considered a first-need product.
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Target buyers of Europe 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 Europe contact lenses market , including forecasts for subscribers. This continent databook contains high-level insights into Europe contact lenses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe contact lenses market size, by country, 2018-2030 (US$M)
Europe Contact Lenses Market Outlook Share, 2023 & 2030 (US$M)
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