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Contact Lens Market in India by Distribution Channel and Product - Forecast and Analysis 2022-2026

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR71554
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The contact lens market share in India share should rise by USD 205.21 million from 2021 to 2026 at a CAGR of 7.75%.

This contact lens market in India research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (frequent replacement lenses and daily disposable lenses) and distribution channel (online and offline). The contact lens market in India report also offers information on several market vendors, including Bausch Health Companies Inc., Carl Zeiss AG, Dealskart Online Services Pvt. Ltd., Essilor International SAS, HOYA Medical Singapore Pte. Ltd, Johnson and Johnson Inc., Novartis AG, Purecon Lenses Pvt. Ltd., The Cooper Companies Inc., and Vision Express (UK) Ltd. among others.

What will the Contact Lens Market Size In India be in 2022?

Contact Lens Market Size

To Unlock the Contact Lens Market in India Size for 2022 and Other Important Statistics, Download the Free Report Sample!

Contact Lens Market In India: Key Drivers and Trends

The rise in the number of people with eye disorders is notably driving the contact lens market growth in India, although factors such as limitations of contact lenses may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the contact lens market in India. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This contact lens market in India analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Contact Lens Market Vendors In India?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Bausch Health Companies Inc.
  • Carl Zeiss AG
  • Dealskart Online Services Pvt. Ltd.
  • Essilor International SAS
  • HOYA Medical Singapore Pte. Ltd
  • Johnson and Johnson Inc.
  • Novartis AG
  • Purecon Lenses Pvt. Ltd.
  • The Cooper Companies Inc.
  • Vision Express (UK) Ltd.

 

The vendor landscape of the contact lens market in India entails successful business strategies deployed by the vendors. The contact lens market in India is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the contact lens market in India forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating Product Segments in the Contact Lens Market In India?

Contact Lens Market Market segmentation by region

To gain further insights on the market contribution of various segments Request for a FREE sample

The contact lens market share growth in India by the frequent replacement lenses segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2022-2026 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the contact lens market in India size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predicting change in consumer demand.

You may be interested in:

Contact Lenses market - The excepted market share growth by 2025 is USD 3.92 billion. The growth momentum of the market is expected to accelerate at a CAGR of 5.16%, during 2021-2025. 

Contact Lens Solutions market - The market share is expected to increase by USD 398.57 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.18%.

Soft Contact Lens market - The market share is expected to increase by USD 1.74 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.21%.

Contact Lens Market Scope In India

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.75%

Market growth 2022-2026

$ 205.21 million

Market structure

Fragmented

YoY growth (%)

5.71

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Bausch Health Companies Inc., Carl Zeiss AG, Dealskart Online Services Pvt. Ltd., Essilor International SAS, HOYA Medical Singapore Pte. Ltd, Johnson and Johnson Inc., Novartis AG, Purecon Lenses Pvt. Ltd., The Cooper Companies Inc., and Vision Express (UK) 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 forecast period

Customization purview

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What are the Key Factors Covered in this Contact Lens Market In India Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive contact lens market growth in India during the next five years
  • Precise estimation of the contact lens market size in India  and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the contact lens market across India 
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of contact lens market vendors in India 

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Frequent replacement lenses - Market size and forecast 2021-2026
    • Daily disposable lenses - Market size and forecast 2021-2026
    • Market opportunity by Product

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Online - Market size and forecast 2021-2026
    • Offline - Market size and forecast 2021-2026
    • Market opportunity by Distribution channel

    Customer landscape

    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Bausch Health Companies Inc.
    • Carl Zeiss AG
    • Dealskart Online Services Pvt. Ltd.
    • Essilor International SAS
    • HOYA Medical Singapore Pte. Ltd
    • Johnson and Johnson Inc.
    • Novartis AG
    • Purecon Lenses Pvt. Ltd.
    • The Cooper Companies Inc.
    • Vision Express (UK) Ltd.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    Contact Lens market growth will increase by $205.21 million during 2021-2026.
    The contact lens market is expected to grow at a CAGR of 7.75% during 2021-2026.
    Technavio has segmented the contact lens market by product (Frequent replacement lenses and Daily disposable lenses) ,distribution channel (Online and Offline) , and geographic (India).
    Bausch Health Companies Inc., Carl Zeiss AG, Dealskart Online Services Pvt. Ltd., Essilor International SAS, HOYA Medical Singapore Pte. Ltd, Johnson and Johnson Inc., Novartis AG, Purecon Lenses Pvt. Ltd., The Cooper Companies Inc., Vision Express (UK) Ltd. are a few of the key vendors in the contact lens market.
    India will register the highest growth rate of 100.00% among the other regions. Therefore, the contact lens market in India is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the contact lens market growth are:
    • Rise in number of people with eye disorders
    The contact lens market vendors should focus on grabbing business opportunities from the frequent replacement lenses segment as it accounted for the largest market share in the base year.
    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?
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    • Covid-19 impact and recovery analysis
    • Data on revenue-generating market segments
    • Details on the market shares of various regions
    • Five-force market analysis

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