PROSPECTS AND OPPORTUNITIES
Continued innovation within silicone hydrogel lenses is expected to drive growth
Sales of contact lenses and solutions are expected to record strong single-digit growth over the forecast period. Silicone hydrogel contact lenses will be key to transforming the market over the next five years, due to their superior oxygen permeability and enhanced comfort, enabling extended wear times.
Coloured contact lenses are set to gain ground, used as a popular beauty accessory
Coloured contact lenses, sometimes called cosmetic lenses, will remain highly popular among young consumers over the forecast period, representing a significant segment of the contact lenses market. Coloured contact lenses have evolved from a vision correction tool to a beauty accessory in Taiwan, used to complement make-up and express personal style.
Formosa Optics launches its sustainability report, as environmental practices will be key over the forecast period
In 2024, Formosa Optics, Taiwan's premier eyewear company, released its sustainability report, showcasing its commitment to corporate social responsibility and sustainable practices. The report highlights the company's progress in several key areas, including quality innovation, environmental initiatives focusing on energy conservation, carbon reduction, and plastic waste reduction, comprehensive employee development through training and welfare programs, and active engagement in diverse public welfare activities.
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Overview:
Understand the latest market trends and future growth opportunities for the Contact Lenses and Solutions industry in Taiwan 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 Taiwan, 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 Taiwan 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 Taiwan?
- How are sales of contact lenses performing compared to spectacles?
- Which are the leading brands in Contact Lenses and Solutions in Taiwan?
- How are products distributed in Contact Lenses and Solutions in Taiwan?
- 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 Taiwan - Category analysis
KEY DATA FINDINGS
Silicone hydrogel lenses is a key driver of growth, offering comfortable, healthy, and convenient vision correction
Johnson & Johnson Taiwan Ltd retains its lead, while local player Pegavision invests in innovation
High levels of myopia enourage the use of orthokeratology lenses in Taiwan
Continued innovation within silicone hydrogel lenses is expected to drive growth
Coloured contact lenses are set to gain ground, used as a popular beauty accessory
Formosa Optics launches its sustainability report, as environmental practices will be key over the forecast period
Eyewear in Taiwan - Industry Overview
Eyewear in 2025: The big picture
2025 key trends
Competitive landscape
Retail 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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