South Korea Contact Lenses Market Size & Outlook
South Korea contact lenses market, 2018-2030 (US$M)
Related Markets
South Korea contact lenses market highlights
- The South Korea contact lenses market generated a revenue of USD 287.6 million in 2023 and is expected to reach USD 656.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 12.5% 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.
Contact lenses market data book summary
| Market revenue in 2023 | USD 287.6 million |
| Market revenue in 2030 | USD 656.9 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Retail |
| Fastest growing segment | E-commerce |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 1.5% of the global contact lenses market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China contact lenses market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,600.1 million by 2030.
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Contact Lenses Market Scope
Contact Lenses Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 69.02% in 2023. Horizon Databook has segmented the South Korea contact lenses market based on e-commerce, retail covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea contact lenses market , including forecasts for subscribers. This country databook contains high-level insights into South Korea contact lenses market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea contact lenses market size, by distribution channel, 2018-2030 (US$M)
South Korea Contact Lenses Market Outlook Share, 2023 & 2030 (US$M)
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