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Global Colored Contact Market Size study & Forecast, by type (Visibility Tint, Enhancement Tint, Opaque Tint), by Distribution Channel (Optical Stores, Retail Pharmacies, Drugstores, E-commerce) and Regional Analysis, 2023-2030

October 2023 | 200 pages | ID: G178C5715497EN
Bizwit Research & Consulting LLP

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Global Colored Contact Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. The increasing prevalence of eye disorders is a significant factor driving the demand for lenses, including colored contact lenses. Additionally, consumers' desire for natural vision and the aesthetic appeal associated with colored contact lenses contribute to their growing popularity. These lenses are now more affordable, enabling a wider range of individuals, including the middle class, to access them. Previously, colored contact lenses were predominantly used in the film and entertainment industry. However, there is now a rising demand for these lenses from the public due to their desired appearance and associated benefits. It is crucial for companies in the colored lens market to maintain quality standards to capitalize on this growing demand during the forecast period.

Market players are expanding their distribution channels by partnering with third-party platforms such as e-commerce websites, drug stores, and retail pharmacies. Colored contact lens vendors typically target customers between the ages of 18 and 40, with a particular focus on the younger generation. Overall, the rising incidence of eye disorders, the preference for natural vision, and the aesthetic value of colored contact lenses are driving the growth of the global colored contact lenses market. Affordable pricing and expanded distribution channels contribute to the market's accessibility to a wider range of consumers. Moreover, growing eye disorders including myopia and improper focal length may offer lucrative growth opportunities for the market growth. Globally, there is a significant number of people, approximately 2.2 billion, who experience near or distant vision impairments. Alarmingly, nearly half of these cases, involving around 1 billion individuals, could have been prevented or have not yet been properly addressed.

Within this population, there are various causes of vision impairment. Among them, approximately 88.4 million people suffer from moderate or severe distance vision impairment or blindness due to unaddressed refractive error. Additionally, around 94 million individuals experience vision impairment caused by cataracts. Age-related macular degeneration affects approximately 8 million people, while glaucoma affects approximately 7.7 million people. Moreover, diabetic retinopathy contributes to vision impairment for around 3.9 million individuals. Lastly, near vision impairment resulting from unaddressed presbyopia affects a significant number of people, with an estimated 826 million individuals being affected.

The key regions considered for the Global Colored Contact Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is currently the dominant market for colored contact lenses, driven by a population that actively follows trends and seeks fashionable options. The region's increasing per-person income has also contributed to the ability to spend on lenses, resulting in a higher demand for a wider variety of colored contact lenses. Following North America, Europe is expected to emerge as the second-largest market for colored contact lenses. The region is likely to see a growth in lens vendors due to favorable government support, rising public awareness about eye health, and increased funding by governments in the healthcare sector.

In the forecast period, the Asia Pacific region is anticipated to experience moderate to high demand for colored contact lenses. This is primarily due to the large youth population in the region, who are enthusiastic about fashion and personal appearance. Additionally, the region has witnessed an increase in the number of individuals facing eye-related issues, partly attributed to greater exposure to sunlight and prolonged use of smart devices. These factors contribute to the growing demand for colored contact lenses in the Asia Pacific region. Manufacturers and vendors are likely to capitalize on this market potential by offering a diverse range of colored contact lenses that cater to the preferences and needs of the youth population in the region.

Major market player included in this report are:

Alcon

Johnson & Johnson Vision Care, Inc. (Acuvue)

Bausch + Lomb

CooperVision

Menicon Co., Ltd.

FreshKon

Ciba Vision (now part of Alcon)

NEO Vision

Geo Medical

TTDeye

Recent Developments in the Market:
  • Johnson & Johnson has become the top manufacturer of contact lenses by introducing cutting-edge eye lenses such as multifocal fit for pupil size, intraocular lenses for digital world comfort, and personalised solutions for client comfort.
Global Colored Contact Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered - Type, Distribution Channel, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Visibility Tint

Enhancement Tint

Opaque Tint

By Distribution Channel:

Optical Stores

Retail Pharmacies

Drugstores

E-commerce

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Coloured Contact Lenses Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Coloured Contact Lenses Market, by Type, 2020-2030 (USD Billion)
  1.2.3. Coloured Contact Lenses Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL COLOURED CONTACT LENSES MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL COLOURED CONTACT LENSES MARKET DYNAMICS

3.1. Coloured Contact Lenses Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Rising incidences of eye disorders
    3.1.1.2. Growing demand for cosmetic enhancements
  3.1.2. Market Challenges
    3.1.2.1. Availability of counterfeit lens
    3.1.2.2. Allergic reaction associated with contact lenses.
  3.1.3. Market Opportunities
    3.1.3.1. Increasing technological Advancements

CHAPTER 4. GLOBAL COLOURED CONTACT LENSES MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL COLOURED CONTACT LENSES MARKET, BY TYPE

5.1. Market Snapshot
5.2. Global Coloured Contact Lenses Market by Type, Performance - Potential Analysis
5.3. Global Coloured Contact Lenses Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Coloured Contact Lenses Market, Sub Segment Analysis
  5.4.1. Visibility Tint
  5.4.2. Enhancement Tint
  5.4.3. Opaque Tint

CHAPTER 6. GLOBAL COLOURED CONTACT LENSES MARKET, BY DISTRIBUTION CHANNEL

6.1. Market Snapshot
6.2. Global Coloured Contact Lenses Market by Distribution Channel, Performance - Potential Analysis
6.3. Global Coloured Contact Lenses Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Coloured Contact Lenses Market, Sub Segment Analysis
  6.4.1. Optical Stores
  6.4.2. Retail Pharmacies
  6.4.3. Drugstores
  6.4.4. E-commerce

CHAPTER 7. GLOBAL COLOURED CONTACT LENSES MARKET, REGIONAL ANALYSIS

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Coloured Contact Lenses Market, Regional Market Snapshot
7.4. North America Coloured Contact Lenses Market
  7.4.1. U.S. Coloured Contact Lenses Market
    7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
    7.4.1.2. Distribution Channel breakdown estimates & forecasts, 2020-2030
    7.4.1.3. ijkl breakdown estimates & forecasts, 2020-2030
    7.4.1.4. xyz breakdown estimates & forecasts, 2020-2030
  7.4.2. Canada Coloured Contact Lenses Market
7.5. Europe Coloured Contact Lenses Market Snapshot
  7.5.1. U.K. Coloured Contact Lenses Market
  7.5.2. Germany Coloured Contact Lenses Market
  7.5.3. France Coloured Contact Lenses Market
  7.5.4. Spain Coloured Contact Lenses Market
  7.5.5. Italy Coloured Contact Lenses Market
  7.5.6. Rest of Europe Coloured Contact Lenses Market
7.6. Asia-Pacific Coloured Contact Lenses Market Snapshot
  7.6.1. China Coloured Contact Lenses Market
  7.6.2. India Coloured Contact Lenses Market
  7.6.3. Japan Coloured Contact Lenses Market
  7.6.4. Australia Coloured Contact Lenses Market
  7.6.5. South Korea Coloured Contact Lenses Market
  7.6.6. Rest of Asia Pacific Coloured Contact Lenses Market
7.7. Latin America Coloured Contact Lenses Market Snapshot
  7.7.1. Brazil Coloured Contact Lenses Market
  7.7.2. Mexico Coloured Contact Lenses Market
7.8. Middle East & Africa Coloured Contact Lenses Market
  7.8.1. Saudi Arabia Coloured Contact Lenses Market
  7.8.2. South Africa Coloured Contact Lenses Market
  7.8.3. Rest of Middle East & Africa Coloured Contact Lenses Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Alcon
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Recent Developments
  8.3.2. Johnson & Johnson Vision Care, Inc. (Acuvue)
  8.3.3. Bausch + Lomb
  8.3.4. CooperVision
  8.3.5. Menicon Co., Ltd.
  8.3.6. FreshKon
  8.3.7. Ciba Vision (now part of Alcon)
  8.3.8. NEO Vision
  8.3.9. Geo Medical
  8.3.10. TTDeye

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Coloured Contact Lenses Market, report scope
TABLE 2. Global Coloured Contact Lenses Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Coloured Contact Lenses Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Coloured Contact Lenses Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 5. Global Coloured Contact Lenses Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Coloured Contact Lenses Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Coloured Contact Lenses Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Coloured Contact Lenses Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Coloured Contact Lenses Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Coloured Contact Lenses Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Coloured Contact Lenses Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Coloured Contact Lenses Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Coloured Contact Lenses Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Coloured Contact Lenses Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Coloured Contact Lenses Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Coloured Contact Lenses Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Coloured Contact Lenses Market
TABLE 70. List of primary sources, used in the study of global Coloured Contact Lenses Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Coloured Contact Lenses Market, research methodology
FIG 2. Global Coloured Contact Lenses Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Coloured Contact Lenses Market, key trends 2022
FIG 5. Global Coloured Contact Lenses Market, growth prospects 2023-2030
FIG 6. Global Coloured Contact Lenses Market, porters 5 force model
FIG 7. Global Coloured Contact Lenses Market, pest analysis
FIG 8. Global Coloured Contact Lenses Market, value chain analysis
FIG 9. Global Coloured Contact Lenses Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Coloured Contact Lenses Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Coloured Contact Lenses Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Coloured Contact Lenses Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Coloured Contact Lenses Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Coloured Contact Lenses Market, regional snapshot 2020 & 2030
FIG 15. North America Coloured Contact Lenses Market 2020 & 2030 (USD Billion)
FIG 16. Europe Coloured Contact Lenses Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Coloured Contact Lenses Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Coloured Contact Lenses Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Coloured Contact Lenses Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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