Middle East & Africa Prescription Lens Market Size & Outlook
Middle East & Africa prescription lens market, 2018-2030 (US$M)
Related Markets
MEA prescription lens market highlights
- The MEA prescription lens market generated a revenue of USD 3,531.4 million in 2023.
- The market is expected to grow at a CAGR of 3.2% from 2024 to 2030.
- In terms of segment, single vision was the largest revenue generating type in 2023.
- Progressive is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 3,531.4 million |
| Market revenue in 2030 | USD 4,411.0 million |
| Growth rate | 3.2% (CAGR from 2023 to 2030) |
| Largest segment | Single vision |
| Fastest growing segment | Progressive |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bifocal, Trifocal, Progressive, Workspace Progressives, Single Vision |
| Key market players worldwide | Essilorluxottica, ZEISS Group, Hoya Corp, Privé Revaux, Vision Ease Eyewear, Seiko Optical Products, Vision Rx Lab |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.7% of the global prescription lens market in 2023.
- Globally, Asia Pacific 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 20,808.1 million by 2030.
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Prescription Lens Market Scope
Prescription Lens Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa prescription lens 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 prescription lens market will help companies and investors design strategic landscapes.
Single vision was the largest segment with a revenue share of 27.17% in 2023. Horizon Databook has segmented the Middle East & Africa prescription lens market based on bifocal, trifocal, progressive, workspace progressives, single vision covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Prescription Lens Type Outlook (Revenue, USD Million, 2018-2030)
- Bifocal
- Trifocal
- Progressive
- Workspace Progressives
- Others
- Single Vision
- Convex
- Concave
- Cylindrical
- Middle East & Africa Prescription Lens Application Outlook (Revenue, USD Million, 2018-2030)
- Myopia
- Hyperopia/Hypermetropia
- Astigmatism
- Presbyopia
- Middle East & Africa Prescription Lens Coating Outlook (Revenue, USD Million, 2018-2030)
- Anti-Reflective
- Scratch Resistant Coating
- Anti-Fog Coating
- Ultraviolet Treatment
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Target buyers of Middle East & Africa prescription lens market databook
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Our clientele includes a mix of prescription lens 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 Middle East & Africa prescription lens market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa prescription lens market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA prescription lens market size, by country, 2018-2030 (US$M)
Middle East & Africa Prescription Lens Market Share, 2023 & 2030 (US$M)
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