Latest Report Update: Dec 30, 2019

Philippines - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights

Free Sample

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).
Licenses

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Philippines: Contact Lens Market Overview 2020

Contact Lens Market Size in the Philippines

The revenue of the contact lens market in the Philippines amounted to $X in 2018, going up by X% against the previous year. In general, contact lens consumption continues to indicate a temperate shrinkage. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, the contact lens market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Contact Lens Production in the Philippines

In value terms, contact lens production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a temperate increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, contact lens production decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. In that year, contact lens production attained its peak level of $X. From 2017 to 2018, contact lens production growth remained at a somewhat lower figure.

Contact Lens Exports

Exports from the Philippines

In 2018, the contact lens exports from the Philippines amounted to X units, lowering by -X% against the previous year. Overall, contact lens exports, however, continue to indicate an extraordinary expansion. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Exports peaked at X units in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, contact lens exports amounted to $X in 2018. In general, contact lens exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, contact lens exports reached their peak figure at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

China (X units), Singapore (X units) and India (X units) were the main destinations of contact lens exports from the Philippines, together comprising X% of total exports. These countries were followed by China, Hong Kong SAR, the U.S., Switzerland and Canada, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Canada (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China, Hong Kong SAR ($X) remains the key foreign market for contact lens exports from the Philippines, comprising X% of total contact lens exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual growth rate of value to China, Hong Kong SAR totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average contact lens export price stood at $X per unit in 2018, declining by -X% against the previous year. In general, the contact lens export price continues to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced a decline.

Contact Lens Imports

Imports into the Philippines

In 2018, approx. X units of contact lenses were imported into the Philippines; reducing by -X% against the previous year. Over the period under review, contact lens imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. In that year, contact lens imports attained their peak of X units, and then declined slightly in the following year.

In value terms, contact lens imports stood at $X in 2018. Overall, contact lens imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, contact lens imports attained their maximum at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

Singapore (X units), China, Hong Kong SAR (X units) and Taiwan, Chinese (X units) were the main suppliers of contact lens imports to the Philippines, together accounting for X% of total imports. Ireland, the U.S. and China lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of contact lens to the Philippines, comprising X% of total contact lens imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports. It was followed by Ireland, with a X% share.

From 2007 to 2018, the average annual growth rate of value from the U.S. was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and Ireland (-X% per year).

Import Prices by Country

In 2018, the average contact lens import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the contact lens import price continues to indicate a drastic curtailment. The growth pace was the most rapid in 2012 an increase of X% y-o-y. The import price peaked at $X per unit in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while the price for China, Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32504130 - Contact lenses

This report provides an in-depth analysis of the contact lens market in the Philippines. 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 2030.


Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

Webinar: Global Fluorspar Market 2020 - Key Insights



Join our live webinar to get insights into the global fluorspar market.



Thursday, March 5th, 2020 @ 09:30am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data