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Cosmetic Contact Lenses Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030

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    Report

  • 120 Pages
  • August 2022
  • Region: Global
  • Acute Market Reports
  • ID: 5713435
The global cosmetic contact lenses market is witnessing a significant upswing in light of the growing demand for altering aesthetic appearance. The use of cosmetic contact lenses is surging in the entertainment sector, and perpetual innovation in the nature of products and comfort in usage are the key factors contributing to the demand for cosmetic contact lenses. Rapid development in standard of living and swift development of aesthetics market in middle-income countries will further fuel the market growth. The East Asian countries such as Japan, China, South Korea, and Singapore are the key countries with highest contribution in the global market. Traditionally, cosmetic and conventional contact lenses were only available at optometrist office, specialized optical retail stores, physician office, hospitals and wholesale distributors. With the advent of online/internet sales channel, new avenues have opened for this market and has also resulted in augmenting the customer base

Cosmetic contact lenses change the eye color and create a look that's subtle, and bold. Cosmetic contact lenses are available in both prescription and plano forms. Prescription cosmetic contacts correct your myopia (nearsightedness), hyperopia (farsightedness) or astigmatism, as well as enhancing or completely changing eye color, while plano cosmetic contacts are worn purely for cosmetic purposes to change eye color and have no lens power for vision correction. The global cosmetic contact lenses market is segmented into spherical contact lenses, toric contact lenses, multifocal lenses, conventional contact lenses and others. Spherical contact lenses held the largest market in the global cosmetic contact lenses market. While, toric contact lenses is anticipated to expand at the fastest growth rate due to increasing cases of astigmatism and growing trends cosmetic contact lenses. Rising usage of cosmetic contact lenses in the entertainment sector is expected to boost cosmetic contact lens market during the forecast period. Moreover, cosmetic contact lenses market is witnessing a significant upswing in light of the growing demand for altering aesthetic appearance.

The geographical segmentation of the global cosmetic contact lenses market comprises North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. In base year 2021, Asia Pacific accounted for the largest market in the cosmetic contact lenses market due to the rising awareness related to aesthetic surgeries and cosmetic enhancement devices in young population, rising market penetration of cosmetic contact lenses due to online availability and regulatory approval for online sales and non-prescription sales of cosmetic contact lenses. The other common factors assisting growth of cosmetic contact lenses market in Asia-Pacific are increasing incidences of ophthalmic disorders including myopia, hypermetropia and astigmatism is expected to positively impact the global market over the forecast period. Regions such as Latin America and Middle East Africa are expected to witness the highest growth rate due to high disposable income, increasing prevalence of ophthalmic disorders and being one of the major cosmetic surgery destinations in the world. Moreover, in the modern world a few Middle Eastern and African countries have been influenced by fashion and have changed their prescriptive about contact lenses, with consumers increasingly opting for colored contact lenses to match their outfits. Thus the global cosmetic contact

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Cosmetic Contact Lenses market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Cosmetic Contact Lenses market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Type

  • Spherical Contact Lenses
  • Toric Contact Lenses
  • Multifocal Lenses
  • Conventional Contact Lenses
  • Others

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Cosmetic Contact Lenses market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Cosmetic Contact Lenses market?
  • Which is the largest regional market for Cosmetic Contact Lenses market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East Africa?
  • Which are the key trends driving Cosmetic Contact Lenses market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Cosmetic Contact Lenses market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global Cosmetic Contact Lenses Market
2.2. Global Cosmetic Contact Lenses Market, By Type, 2021 (US$ Million)
2.3. Global Cosmetic Contact Lenses Market, By Geography, 2021 (US$ Million)
2.4. Attractive Investment Proposition by Geography, 2021

3. Cosmetic Contact Lenses Market: Competitive Analysis
3.1. Market Positioning of Key Cosmetic Contact Lenses Market Vendors
3.2. Strategies Adopted by Cosmetic Contact Lenses Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030

4. Cosmetic Contact Lenses Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Cosmetic Contact Lenses Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Spherical Contact Lenses
5.3.2. Toric Contact Lenses
5.3.3. Multifocal Lenses
5.3.4. Conventional Contact Lenses
5.3.5. Others

6. North America Cosmetic Contact Lenses Market, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
6.3.Cosmetic Contact Lenses Market: By Region, 2020-2030, USD (Million)
6.3.1.North America
6.3.1.1. U.S.
6.3.1.1.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
6.3.1.2. Canada
6.3.1.2.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
6.3.1.3. Rest of North America
6.3.1.3.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)

7. UK and European Union Cosmetic Contact Lenses Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
7.3.Cosmetic Contact Lenses Market: By Region, 2020-2030, USD (Million)
7.3.1.UK and European Union
7.3.1.1. UK
7.3.1.1.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
7.3.1.2. Germany
7.3.1.2.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
7.3.1.3. Spain
7.3.1.3.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
7.3.1.4. Italy
7.3.1.4.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
7.3.1.5. France
7.3.1.5.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
7.3.1.6. Rest of Europe
7.3.1.6.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)

8. Asia Pacific Cosmetic Contact Lenses Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
8.3.Cosmetic Contact Lenses Market: By Region, 2020-2030, USD (Million)
8.3.1.Asia Pacific
8.3.1.1. China
8.3.1.1.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
8.3.1.2. Japan
8.3.1.2.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
8.3.1.3. India
8.3.1.3.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
8.3.1.4. Australia
8.3.1.4.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
8.3.1.5. South Korea
8.3.1.5.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
8.3.1.6. Rest of Asia Pacific
8.3.1.6.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)

9. Latin America Cosmetic Contact Lenses Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
9.3.Cosmetic Contact Lenses Market: By Region, 2020-2030, USD (Million)
9.3.1.Latin America
9.3.1.1. Brazil
9.3.1.1.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
9.3.1.2. Mexico
9.3.1.2.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
9.3.1.3. Rest of Latin America
9.3.1.3.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)

10. Middle East and Africa Cosmetic Contact Lenses Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
10.3.Cosmetic Contact Lenses Market: By Region, 2020-2030, USD (Million)
10.3.1.Middle East and Africa
10.3.1.1. GCC
10.3.1.1.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
10.3.1.2. Africa
10.3.1.2.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)
10.3.1.3. Rest of Middle East and Africa
10.3.1.3.1. Cosmetic Contact Lenses Market: By Type, 2020-2030, USD (Million)

11. Company Profile
11.1. Bausch & Lomb, Inc.
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Portfolio
11.1.4. Strategic Initiatives
11.2. Ciba Vision (Alcon)
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Portfolio
11.2.4. Strategic Initiatives
11.3. Carl Zeiss
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Portfolio
11.3.4. Strategic Initiatives
11.4. CooperVision
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Portfolio
11.4.4. Strategic Initiatives
11.5. Essilor International
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Portfolio
11.5.4. Strategic Initiatives
11.6. X-Cel Specialty Contact
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Portfolio
11.6.4. Strategic Initiatives
11.7. Hoya Vision Care
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Portfolio
11.7.4. Strategic Initiatives
11.8. Johnson & Johnson Vision Care, Inc.
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Portfolio
11.8.4. Strategic Initiatives
11.9. SynergEyes, Inc
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Portfolio
11.9.4. Strategic Initiatives

List of Figures
Figure 1 Global Cosmetic Contact Lenses Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Cosmetic Contact Lenses Market: Quality Assurance
Figure 5 Global Cosmetic Contact Lenses Market, By Type, 2021
Figure 6 Global Cosmetic Contact Lenses Market, By Geography, 2021
Figure 7 Market Geographical Opportunity Matrix - Global Cosmetic Contact Lenses Market, 2021
Figure 8 Market Positioning of Key Cosmetic Contact Lenses Market Players, 2021
Figure 9 Global Cosmetic Contact Lenses Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 10 Global Cosmetic Contact Lenses Market, By Type, 2021 Vs 2030, %
Figure 11 U.S. Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 12 Canada Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 13 Rest of North America Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 14 UK Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 15 Germany Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 16 Spain Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 17 Italy Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 18 France Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 19 Rest of Europe Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 20 China Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 21 Japan Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 22 India Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 23 Australia Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 24 South Korea Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 25 Rest of Asia Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 26 Brazil Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 27 Mexico Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 28 Rest of Latin America Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 29 GCC Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 30 Africa Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030
Figure 31 Rest of Middle East and Africa Cosmetic Contact Lenses Market (US$ Million), 2020 - 2030

List of Tables
Table 1 Global Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 2 North America Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 3 U.S. Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 4 Canada Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 5 Rest of North America Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 6 UK and European Union Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 7 UK Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 8 Germany Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 9 Spain Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 10 Italy Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 11 France Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 12 Rest of Europe Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 13 Asia Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 14 China Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 15 Japan Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 16 India Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 17 Australia Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 18 South Korea Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 19 Latin America Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 20 Brazil Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 21 Mexico Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 22 Rest of Latin America Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 23 Middle East and Africa Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 24 GCC Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 25 Africa Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)
Table 26 Rest of Middle East and Africa Cosmetic Contact Lenses Market By Type, 2020-2030, USD (Million)

Companies Mentioned

  • Bausch & Lomb Inc.
  • Ciba Vision (Alcon)
  • Carl Zeiss
  • CooperVision
  • Essilor International
  • X-Cel Specialty Contact
  • Hoya Vision Care
  • Johnson & Johnson Vision Care Inc.
  • SynergEyes Inc.