openPR Logo
Press release

Cosmetic Contact Lenses Market Current Business Trends & Growth Opportunities 2020-2024

Cosmetic Contact Lenses Market

Cosmetic Contact Lenses Market

Having garnered a considerable remuneration potential over the recent years, cosmetic contact lenses market has registered its name in the billion dollar business across the overall polymers and advanced materials industry. Back in time, contact lenses were regarded as a way toward an enhanced quality of life without the need for glasses, and despite being regarded as a medical device, the product’s use has seen massive demand from the cosmetic industry. This tremendous growth can aptly be attributed to the shifting preference towards boasting enhanced eye colors and augmenting the overall facial look, amongst various age groups.

Speaking on these lines, it is prudent to mention that more than over 125 million people worldwide use contact lenses. In this regard, colored contact lens are by far one of the leading modalities used for daily purpose, which has led numerous companies to invest in this field in the years ahead with an intent of gaining a competitive edge over the others.

Request for sample copy of this report @ https://www.gminsights.com/request-sample/detail/280

One such company, Alcon-a well proclaimed cosmetic contact lens producer- in 2019 unveiled DAILIES COLORS contact lenses, further bolstering its presence in the cosmetic contact lenses market. Allegedly, the new collection was launched to offer beautiful color enhancement plus eye definition in one daily disposable lens, enabling the beauty lovers to play with their eye color every day without being concerned about its safety. This, move is intended to offer a thrust to the increased adoption of cosmetic contact lenses.

Colored contact lenses for medical purposes: a breakthrough in the cosmetic contact lens realm
Let alone the cosmetic purposes, the colored contact lenses have begun gaining intrinsic popularity for patients suffering from ocular trauma. In fact, according to a reliable source, out of 38 per cent to 52 per cent of cases brought to the ophthalmic emergency rooms are ocular trauma.

What colored contact lenses do in this case is help provide more natural appearance to an otherwise damaged iris. The prosthetic colored contact lenses potentially offer significant benefits for patients in addition to vision correction. Vivid brands in the industry are currently offering multiple choice of colors like green, violet, shades of blue, grey, hazel, and amethyst to attract the niche market.

How is the blend of regulatory reforms and strong competitive framework favoring the growth of cosmetic contact lenses market?

It is noteworthy to state that colored contact lenses have irrefutably emerged as the hottest trend in the cosmetics industry. However, the federal agencies do not consider these ideal as a cosmetic product, especially in the developed nations like the United States and Canada, where the colored contact lenses cannot be sold over the counter without a proper prescription. A reason behind this is their increased warning for excessive risk for eye infections.

Despite this, over-the-counter-sales of colored lenses as a cosmetic aid in costume stores, beauty parlors, online distribution channels, and party shops is surging at an impeccable pace.

Request for customization @ https://www.gminsights.com/roc/280

As a matter of fact, as per CDC estimates, early 40 per cent to 90 per cent of contact lens users do not follow the care instruction for their contact lenses and therefore are vulnerable to outbreaks of serious eye infection. In order to cope with the rising risks and easing the problem, several industry behemoths are undertaking strategic initiatives for bringing forth safer lens materials. Meanwhile, various regional governments are also enforcing stringent laws on over the counter supply of cosmetic contact lens across the markets in the North America region.

Considering these trends, it is quite obvious that the overall contact lenses market is on a liberal track, and cosmetic contact lens market is all poised to stand as a profitable investment hub. With intense technological advancements establishing new application verticals, the overall cosmetic contact lenses market is anticipated to record a valuation of USD 1.3 billion by the end of 2024.

Contact Us:
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cosmetic Contact Lenses Market Current Business Trends & Growth Opportunities 2020-2024 here

News-ID: 2136206 • Views: 791

More Releases from Global Market Insights, Inc.

APAC methyl glucose market to see 8% CAGR till 2025 | Tinci, BOC Sciences, Kalic …
Global Market Insights, Inc., predicts that the APAC methyl glucose market may surpass $70 million by 2025. Moreover, the product is used in the eye area skincare products owing to its low eye irritation properties. APAC methyl glucose market is poised for robust growth on the back of its wide-ranging application in beauty & personal care products. Methyl glucose derivatives are extensively used in cosmetic products like creams, skin cleansers, shampoos,
APAC Rotomoulding Powder Market Trends and Forecasts, and Key players are A. Sch …
Increased need for advanced automotive solutions due to the rise in purchasing power among people is a vital factor propelling development in APAC rotomoulding powder market. The region witnesses a wide presence of automobile companies like Hyundai, Honda, Tata Motors, Kia and Hero, driving the demand for the process across the industry. More than 25.7 million vehicles had been manufactured in 2019 in China alone, representing a significant potential for
Hot melt amorphous polyalphaolefin market top trends, forecasts, Key players lik …
The hot melt amorphous polyalphaolefin market report is a deep-dive collection of important deliverables. An inherent sub-vertical of the global chemical’s domain, the XXX market has carved out quite a remunerative growth path in the recent years. The report enlists substantial details about this market with respect to its overall foothold in the chemical industry and how the product would find applications across major end-user sectors. The information provided in the
Non halogenated flame retardants market trends, forecasts by key players like Is …
MEA non halogenated flame retardants market is set to grow at 9% over the analysis period due to ongoing large scale infrastructural development activities along with stringent regulations for safeguarding construction activities. In 2015, Latin America transportation sector generated demand of over 3 kilo tons of non-halogenated flame retardant and is expected to grow significantly through 2026. In 2015, China accounted for over 40% of construction sector turnover. APAC non halogenated

All 5 Releases


More Releases for Contact

Smart Contact Lenses Market 2026
The latest version of the 2020 market study on Smart Contact Lenses Market comprising 161 with market data Tables, Charts, Graphs, and Figures which are easy to understand with showcased in-depth analysis. The report forecast global Smart Contact Lenses market to grow to reach xx Million USD in 2020 with a CAGR of xx% during the period 2020-2026. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
Global Smart Contact Lenses Market Report 2018
Global Smart Contact Lenses Market Report 2018-2022: The report on Global Smart Contact Lenses Market, documents a detailed study of different aspects of the Global Smart Contact Lenses Market. It shows the steady growth in market in spite of the fluctuations and changing market trends. In the past four years the Global Smart Contact Lenses Market has grown to a booming value of $xxx million and is expected to grow more. Every
Contact Center Analytics Market - The Implementation of Contact Center Analytics
The significant benefits of contact center analytics is that it helps in monitoring the service quality of each employee-customer interactions and thereby help in streamlining operational and business issues. Contact center analytics also aid in reducing operational & overhead expenses. One time implementation of contact center analytics alleviate frequently repeated issues. Furthermore, customer experience is the valuable element in any contact center business segment. So it’s important in transforming
Incentivising Contact Centre Teams
The establishment of incentives is an important process for every contact centre, and the KPI’s are typically aligned with the overall corporate strategy and mission. How KPI’s are set, will in part be determined by the type of contact centre i.e. sales, service or support, and the indicators will consider customer satisfaction, operational efficiency, sales, and agent quality for example. Choosing the measurements for success and the subsequent rewards also
Contact Lens Market - Trends, Outlook 2025
A contact lens is a medical device used for cosmetic and therapeutic reasons, primarily for vision correction. Contact lens provides enhanced peripheral vision as it does not accumulate moisture from the atmosphere. The vast variety and affordability of contact lens make it a common lifestyle product. Contact lens provides high compatibility as it can be worn along with other eye wear choices such as sunglasses. Lenses offer clear peripheral and
In contact at last
NORRES PUR AS hose family with electrostatic discharge capability now also available with compatible CONNECT Safety Clamp Systems The use of wall materials that are conductive or capable of electrostatic discharge is often recommended for transport hoses in hazardous areas. Last year, NORRES Schlauchtechnik (Gelsenkirchen, Germany) unveiled its new, permanently antistatic PUR AS hose family with electrostatic discharge capability. The NORRES CONNECT Safety Clamp Systems 230, 231 and 232, which allow