PROSPECTS AND OPPORTUNITIES
Bright outlook for contact lenses as consumers look for convenience and comfort
Sales of contact lenses and solutions are projected to see steady growth in value (2025 prices) and volume terms over the forecast period. This is based in part on the emergence of a growing number of optical goods stores in newly developed areas outside of Metro Manila.
Cosmetic contact lenses set for further gains
With the continuous growth of e-commerce and beauty specialists in the Philippines there are now a growing variety of options available when it comes to contact lenses and solutions. As consumers become more image conscious the demand for cosmetic contact lenses is also growing, with this pattern set to continue over the forecast period.
E-commerce expected to have a growing influence on the market
Optical goods stores will likely continue to dominate the distribution of contact lenses and solutions in the Philippines over the forecast period. However, despite this, e-commerce is set to play a growing role in the market.
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Overview:
Understand the latest market trends and future growth opportunities for the Contact Lenses and Solutions industry in Philippines 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 Philippines, 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 Philippines 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 Philippines?
- How are sales of contact lenses performing compared to spectacles?
- Which are the leading brands in Contact Lenses and Solutions in Philippines?
- How are products distributed in Contact Lenses and Solutions in Philippines?
- 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 the Philippines - Category analysis
KEY DATA FINDINGS
Demand for contact lenses on the rise as access improves
Executive Optical remains on top but smaller players making inroads
Minimal demand or awareness for myopia control contact lenses
Bright outlook for contact lenses as consumers look for convenience and comfort
Cosmetic contact lenses set for further gains
E-commerce expected to have a growing influence on the market
Eyewear in the Philippines - 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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