World - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights
Global Contact Lenses Market Slipped to $8.5B
Photo: © robertprzybysz / Bigstockphoto
According to market research conducted by IndexBox, global contact lenses consumption showed steady growth, rising from X billion units in 2007 to X billion units in 2015. It expanded with a CAGR of +X% over the period under review. At the same time, in 2015, the global contact lenses market value reduced to X billion USD. The main reason is the reduction in prices for products, which is due to technological progress in the field of lens production and their quality, as well as because of the saturation of the market.
Driven by the growth of population, rising incomes in Asian countries, continuous investment in research and development amid an overall growth of global pharmaceutical industry, as well as vision care issues in many professions, the contact lenses market is expected to continue an upward consumption trend, expanding with an anticipated CAGR of +X%, which will lead the market volume to X billion units in 2025.
Japan (X billion units), the U.S. (X billion units), Germany (X billion units) and the UK (X billion units) were the countries with the highest consumption levels, together accounting for almost X% of global figures.
In terms of the key consumer countries in 2015, Japan (X units per person), the UK (X units per person), Germany (X units per person) and the U.S. (X units per person) registered a per capita consumption figure higher than the global average of X units per persons.
Contact lenses production reached X billion units in 2015, with a positive dynamic throughout the analyzed period. From 2007 to 2015, contact lenses production grew at an annual average rate of growth of +X%.
In 2015, Ireland and the U.S. were the key world contact lenses producing countries with an output of about X billion units and X billion units, respectively. The was followed by Taiwan (X billion units) and Germany (X billion units). The major producers countries together accounted for X% of total global output.
Do you want to know more about the global contact lenses market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- contact lenses market share
- contact lenses prices
- contact lenses industry
- contact lenses sales
- contact lenses market forecast
- contact lenses price forecast
- key contact lenses producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global contact lens market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data