Title: Cosmetic Contact Lenses Market by Products, Applications & Regional Growth by 2018-2024
1 Cosmetic Contact Lenses Market Update, Analysis,
Forecast, 2018 2024
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2Global Market Scenario of Cosmetic Contact Lenses
Industry
- Cosmetic Contact Lenses Market from Online stores
distribution channel segment is expected to
account for over 20 revenue share by 2024. These
stores provide products at lower prices along
with on-time delivery which will foster new
opportunities for the industry growth. - Cosmetic Contact Lenses Market size is set to
exceed USD 1.3 billion by 2024. Growing usage in
entertainment sector is expected to boost
cosmetic contact lens market size. These lenses
are primarily utilized in the entertainment
industry owing to the need for more dramatic
makeup. - Increasing customer inclination towards colored
contact lenses will further drive the segment
demand. Growing disposable incomes encourages
consumer purchasing power on lifestyle products,
thus supporting the contact lenses demand. - Surging penetration through online medium coupled
with the relaxation in regulatory approval is
expected to boost cosmetic contact lens market
size. The FDA characterizes these products under
the medical devices category and mandated
prescription for purchase A noteworthy upturn in
light of swelling demand for altering the
aesthetic appearance and growing disposable
income are the supporting factors driving the
market growth.
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3Continue-
- The increasing acceptance of corrective LASIK
surgery is expected to negatively affect the
market size. Additionally, an increase in the
overall geriatric population along with
occurrences of visual inaccuracies will further
hinder the industry growth. - Circle product segment accounted for over 70
revenue share in 2017 owing to the availability
of diverse designs coupled with its ability to
blend in naturally with the usual appearance of
eyes. This segment has gained tremendous
popularity over the last few years among the
teens and young adults population. - RGP segment will witness significant gains at
approximately 6 over the forecast period. This
can be attributed to associated benefits such as
high oxygen permeability, sharp vision,
durability, and cost-effectiveness. Other
noticeable factors include moving capacity,
smooth surface, and ability to maintain shape are
fueling the business growth.
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4Request for sample copy of this research report_at_
https//bit.ly/2DVoGXA
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5360 Industry Analysis
- Online stores distribution channel segment is
expected to account for over 20 revenue share by
2024. These stores provide products at lower
prices along with on-time delivery which will
foster new opportunities for the industry growth. - Spherical design segment will grow at over 6.5
from 2018 to 2024 owing to factors such as
enhanced clarity in vision and correction of
conditions such as nearsightedness
farsightedness. These product designs offer high
level of comfort and customization which further
support the business growth. - Asia Pacific cosmetic contact lenses market
accounted for over 70 of revenue share in 2017,
owing to growing acceptance by the
image-conscious population to cope up with the
current fashion trends. Major countries including
China, Japan, and Taiwan are contributing
primarily towards the regional industry
expansion. -
Request for customizationhttps//www.gminsights.
com/roc/280
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6Industry Background
Complete table of contents_at_https//bit.ly/2NlWPiW
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7- Competitive Analysis
- Global cosmetic contact lens market share is
moderately consolidated with top four players
accounting for 57 of the industry share in 2017.
Johnson Johnson, Novartis, Cooper Vision,
Bausch Lomb (Valeant Pharmaceuticals), Ciba
Vision are among the major industry players with
significant market shares. The global market also
consists of several regional players mainly
including Asian manufacturers contributing to
fragmented share. - Other notable players include Grand Vision,
Lagado Corporation, InnoVision, Qualimed and
Metro Optics. Mergers acquisitions, production
capacity expansions, innovations, joint ventures
and supply agreements are among the strategies
adopted by industry participants. For instance,
in December 2017, Cooper Vision acquired Paragon
Vision Sciences an U.S. based specialty contact
lens company to strengthen its foothold in the
industry.
Make An Inquiry For Purchasing This Report
_at_https//bit.ly/2Nxv9rB
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8Latest Research Report On Cosmetic Contact Lenses
Market _at_ https//bit.ly/2uCVKN3 Request for
sample of this research report_at_
https//bit.ly/2DVoGXA Request for
customization https//bit.ly/2yctkdK
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
9Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com