NEW YORK, Sept. 29, 2022 /PRNewswire/ -- The contact lens solutions market size is expected to grow by USD 398.57 million from 2021 to 2026. Technavio's latest report estimates that the growth momentum of the market will accelerate at a CAGR of 3.18% during the forecast period. The increased preference for contact lenses over spectacles is driving the contact lens solutions market growth. However, factors such as low awareness may challenge market growth.
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- Distribution Channel
- Retail Stores
- Online Stores
- Geography
- North America
- Europe
- APAC
- South America
- Middle East And Africa
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The retail stores segment will be the largest contributor to market growth during the forecast period. Some of the leading vendors, such as Menicon, The Cooper Companies, Novartis, and Valeant, are selling products such as contact lens solutions through retail stores. They are also generating awareness about the products on online platforms. Retail stores have a wide range of contact lens solutions in dedicated sections, which enables individual buyers to compare different brands.
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the contact lens solutions market include Bausch Health Co Inc, CLEAR CONSCIENCE LLC, Eye Care Solutions, HOYA Corp., Johnson and Johnson, Menicon Co. Ltd., Novartis AG, Oculus Pvt. Ltd., The Cooper Companies Inc., Alcon Inc., Carl Zeiss AG, Dealskart Online Services Pvt. Ltd., GlobalBees Brands Pvt. Ltd, and Palmist Healthcare Pvt Ltd. The key offerings of some of these vendors are listed below:
- Bausch Health Co Inc - The company offers contact lenses under the brand of Clear Care Plus Solutions.
- CLEAR CONSCIENCE LLC - The company offers BioTrue eye solution, which is pH balanced to match healthy tears and 20-hour moisture retention under its subsidiary Bausch and Lomb India Ltd.
- HOYA Corp. - The company offers Clear Conscience Multi Purpose Contact Lens Solution, a sterile, isotonic solution for daily cleaning, rinsing, disinfecting, and removing protein.
- Menicon Co. Ltd. - The company offers Eyeye Saline, which is an isotonic saline solution for use with soft, RGP, and Ortho-K contact lenses.
- Oculus Pvt. Ltd. - The company offers Simple One, which is a cleaning and preservation solution that can be used for cleaning, preservation, and protein removal.
- Contact Lens Solutions Market size
- Contact Lens Solutions Market trends
- Contact Lens Solutions Market industry analysis
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist contact lens solutions market growth during the next five years
- Estimation of the contact lens solutions market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the contact lens solutions market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of contact lens solutions market vendors
Eye Makeup Market by Distribution and Geography - Forecast and Geography 2022-2026: The eye makeup market share is expected to increase by USD 5.19 billion from 2021 to 2026.
Vision Care Market by Product and Geography - Forecast and Analysis 2022-2026: The vision care market share is expected to increase by USD 13.96 billion from 2021 to 2026.
Contact Lens Solutions Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.18% |
Market growth 2022-2026 |
USD 398.57 million |
Market structure |
Concentrated |
YoY growth (%) |
3.06 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
APAC at 38% |
Key consumer countries |
US, China, UK, Germany, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Bausch Health Co Inc, CLEAR CONSCIENCE LLC, Eye Care Solutions, HOYA Corp., Johnson and Johnson, Menicon Co. Ltd., Novartis AG, Oculus Pvt. Ltd., The Cooper Companies Inc., Alcon Inc., Carl Zeiss AG, Dealskart Online Services Pvt. Ltd., GlobalBees Brands Pvt. Ltd, and Palmist Healthcare Pvt Ltd |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Distribution Channel
- 5.1 Market segments
- Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
- 5.2 Comparison by Distribution Channel
- Exhibit 26: Chart on Comparison by Distribution Channel
- Exhibit 27: Data Table on Comparison by Distribution Channel
- 5.3 Retail stores - Market size and forecast 2021-2026
- Exhibit 28: Chart on Retail stores - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Retail stores - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Retail stores - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Retail stores - Year-over-year growth 2021-2026 (%)
- 5.4 Online stores - Market size and forecast 2021-2026
- Exhibit 32: Chart on Online stores - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Online stores - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Online stores - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Online stores - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Distribution Channel
- Exhibit 36: Market opportunity by Distribution Channel ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.11 France - Market size and forecast 2021-2026
- Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.12 Germany - Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Alcon Inc.
- Exhibit 89: Alcon Inc. - Overview
- Exhibit 90: Alcon Inc. - Business segments
- Exhibit 91: Alcon Inc. - Key offerings
- Exhibit 92: Alcon Inc. - Segment focus
- 10.4 Bausch Health Co Inc
- Exhibit 93: Bausch Health Co Inc - Overview
- Exhibit 94: Bausch Health Co Inc - Business segments
- Exhibit 95: Bausch Health Co Inc - Key news
- Exhibit 96: Bausch Health Co Inc - Key offerings
- Exhibit 97: Bausch Health Co Inc - Segment focus
- 10.5 CLEAR CONSCIENCE LLC
- Exhibit 98: CLEAR CONSCIENCE LLC - Overview
- Exhibit 99: CLEAR CONSCIENCE LLC - Product / Service
- Exhibit 100: CLEAR CONSCIENCE LLC - Key offerings
- 10.6 Eye Care Solutions
- Exhibit 101: Eye Care Solutions - Overview
- Exhibit 102: Eye Care Solutions - Product / Service
- Exhibit 103: Eye Care Solutions - Key offerings
- 10.7 HOYA Corp.
- Exhibit 104: HOYA Corp. - Overview
- Exhibit 105: HOYA Corp. - Business segments
- Exhibit 106: HOYA Corp. - Key offerings
- Exhibit 107: HOYA Corp. - Segment focus
- 10.8 Johnson and Johnson
- Exhibit 108: Johnson and Johnson - Overview
- Exhibit 109: Johnson and Johnson - Business segments
- Exhibit 110: Johnson and Johnson - Key news
- Exhibit 111: Johnson and Johnson - Key offerings
- Exhibit 112: Johnson and Johnson - Segment focus
- 10.9 Menicon Co. Ltd.
- Exhibit 113: Menicon Co. Ltd. - Overview
- Exhibit 114: Menicon Co. Ltd. - Product / Service
- Exhibit 115: Menicon Co. Ltd. - Key news
- Exhibit 116: Menicon Co. Ltd. - Key offerings
- 10.10 Novartis AG
- Exhibit 117: Novartis AG - Overview
- Exhibit 118: Novartis AG - Business segments
- Exhibit 119: Novartis AG - Key offerings
- Exhibit 120: Novartis AG - Segment focus
- 10.11 Oculus Pvt. Ltd.
- Exhibit 121: Oculus Pvt. Ltd. - Overview
- Exhibit 122: Oculus Pvt. Ltd. - Key offerings
- 10.12 The Cooper Companies Inc.
- Exhibit 123: The Cooper Companies Inc. - Overview
- Exhibit 124: The Cooper Companies Inc. - Business segments
- Exhibit 125: The Cooper Companies Inc. - Key offerings
- Exhibit 126: The Cooper Companies Inc. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 127: Inclusions checklist
- Exhibit 128: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 129: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 130: Research methodology
- Exhibit 131: Validation techniques employed for market sizing
- Exhibit 132: Information sources
- 11.5 List of abbreviations
- Exhibit 133: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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