PROSPECTS AND OPPORTUNITIES
Inclination towards convenience will drive growth for contact lenses
Contact lenses in India is set to maintain dynamic current value growth in the forecast period. Compared with spectacle lenses, contact lenses offer wearers a multitude of benefits and conveniences, which will help drive growth in the forecast period.
E-commerce will increase the penetration of contact lenses beyond metro and tier-1 cities
E-commerce has revolutionised contact lenses in India, offering numerous advantages that have led to increased adoption. One key benefit is the convenience and accessibility this distribution channel provides to consumers.
Innovative and technologically backed product offerings to fuel growth
Advances in contact lens technology are revolutionising the way in which people experience vision correction, with a strong focus on enhancing comfort and usability. One significant innovation in this regard is the incorporation of breathability features, which involve the use of wetting agents that retain moisture in the eyes.
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Overview:
Understand the latest market trends and future growth opportunities for the Contact Lenses and Solutions industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Contact Lenses and Solutions industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Contact Lenses and Solutions in India report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Contact Lenses and Solutions in India?
- How are sales of contact lenses performing compared to spectacles?
- Which are the leading brands in Contact Lenses and Solutions in India?
- How are products distributed in Contact Lenses and Solutions in India?
- How are demographic changes impacting demand?
- To what extent are fashion and consumer affluence growth determinants?
- Where is future growth expected to be most dynamic?
Contact Lenses and Solutions in India - Category analysis
KEY DATA FINDINGS
Double-digit value growth continues for contact lenses in 2024
Bausch & Lomb continues to lead contact lenses, followed by Johnson & Johnson
Polarisation as brands cater to a wide array of consumer preferences
Inclination towards convenience will drive growth for contact lenses
E-commerce will increase the penetration of contact lenses beyond metro and tier-1 cities
Innovative and technologically backed product offerings to fuel growth
Eyewear in India - Industry Overview
Eyewear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for eyewear?
DISCLAIMER
The following categories and subcategories are included:
Contact Lenses and Solutions
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- Daily Disposable Lenses (DD)
- Frequent Replacement Lenses (FRP)
- Conventional Lenses
- Myopia Control Contact Lenses
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- Contact Lens Solutions
Contact Lenses and Solutions
Contact lenses and Solutions is the aggregate of contact lenses and contact lens solution.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Contact Lenses and Solutions research and analysis database.
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