Sales of Lens Cleaning Product Market in 2022-2031

Growth in geriatric population is also estimated to augment the lens cleaning market during the forecast period. The prevalence of ocular diseases is increasing among the geriatric population. This trend can be witnessed in developed as well as developing countries. Growth in geriatric population suffering from myopia and hypermetropia is anticipated to fuel the global lens cleaning product market. Surge in adoption of multifocal lenses among the geriatric population over the years has led to an increase in the usage of eyewear. This is expected to propel the lens cleaning product market during the forecast period.

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Lens cleaning products, such as anti-fog lens wipes and glass cleaning kits, are used to disinfect contact lenses, eyewear, and digital camera lenses. These products play an important role in improving the hygiene and safety of contact lenses. Thus, demand for these products is high in the contact lenses market. Cleaning solutions are highly preferred for spectacles and contact lens cleaning. On the other hand, lens cleaning cloth and spectacle wipes are preferred for digital camera cleaning. Wipes are available in either wet or dry forms as per end-user requirements. Lens cleaning solutions are available in different types of packaging such as spray bottles, pouches, and tubes. The scope for lens cleaning products appears positive owing to the favorable properties of lens cleaning products, especially for hygiene purposes.

Increase in Visual Disorders Driving Lens Cleaning Product Market

Rise in visual disorders and increase in dependence on vision-supporting products among the young population are boosting the demand for lens cleaning products. Growth in population and increase in vision disorders in other age groups, such as the elderly and children, are also driving the demand for lens cleaning products. Around 4.8 billion people, i.e. 49.8% of the global population, are estimated to require glasses by 2050. According to a study, myopia is likely to be more prevalent in developed economies. The problem is most acute in East Asia, Southeast Asia, and Asia Pacific, where around two-third of the population is likely to be short-sighted by 2050.

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Key Developments in Global Lens Cleaning Product Market

In June 2022, Bausch + Lomb announced the launch of Biotrue Hydration plus Multi-Purpose Solution in the U.S. to expand its product portfolio in lens cleaning products. The new contact lens solution, which is formulated with bio-inspired ingredients, provides more moisture on lenses, good cleaning, and a triple disinfectant system that helps deliver exceptional disinfection.

In June 2022, Bausch + Lomb announced the launch of Revive custom soft contact lenses, a new family of customizable soft contact lenses, in the U.S. Revive custom soft lenses are designed to meet the vision needs of more patients, including those with high or unique prescriptions. The lenses are available in spherical, toric, multifocal, and multifocal toric options.

In 2020, Allegro Industries launched eyewear cleaning wipes pocket packs for cleaning eyewear, respirator shields, and computer screens. The packs of 20 large 5" x 8" pre-moistened wipes feature anti-fog, anti-static, and silicone-free cleaning liquid; and are excellent on glass or polycarbonate lenses. These easily portable packs can be conveniently stored in pockets for individual use or in lockers for easy display.

Each of these players has been profiled in the lens cleaning product market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Rise in Trend of Wearing Spectacles and Growth in Usage of Professional Cameras to Fuel Lens Cleaning Product Market

The market for lens cleaning products is growing owing to the rise in number of people wearing contact lenses and increase in trend of wearing glasses as a fashion statement. Growth in awareness about personal cleanliness, particularly in eye care, is further driving the demand for contact lens cleaners. Availability of unique and cutting-edge items fosters market growth. Leading players in the lens cleaning product market are offering consumer-friendly products that are simple to carry and store when traveling. Rise in number of amateur photographers is driving the demand for lens cleaning products such as lens cleaner sprays and glasses wipes in the camera lens cleaner market. The lens cleaning product market is anticipated to grow significantly during the forecast period as a result of the young, tech-savvy generation's willingness to spend on gadget maintenance and leisure activities.

New professional DSLRs have been developed as a result of recent technological advancements and the expansion of social media and digital photography platforms. Numerous product launches with feature upgrades, such as camera services, along with newer payment methods are anticipated to support the global market. Leading manufacturers, including Nikon, Sony, Canon, and Fujifilm, are innovating in the realm of mirrorless cameras.

Surge in Users of Contact Lenses Augmenting Cleaning Fluids Segment

In terms of product type, the cleaning fluids segment is projected to lead the market during the forecast period. Cleaning fluid is the best product for cleaning lenses. As per Vision Council, nearly 125 million people across the globe were wearing contact lenses in 2020. This growth in the contact lens-wearing population is among the primary factors driving the global cleaning fluids market.

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Regional Outlook of Lens Cleaning Product Market

Asia Pacific is projected to provide significant opportunities to the lens cleaning product market due to the significant consumer base in the region. Rise in middle-class population, changing lifestyles, and increase in disposable income of the people are expected to boost the sales forecast for lens cleaning products in Asia Pacific during the forecast period. However, the usage of such products is low in rural areas of the region due to the lack of awareness.

The lens cleaning product market in Europe is also expected to grow due to high per capita income levels combined with rise in eye care concerns among the population in the region. Additionally, technological improvements such as superabsorbent fiber technology; introduction of organic ingredients; and elimination of chemicals in lens cleaning products are the growth frontiers for lens cleaning products that are expected to drive the market in Europe in the next few years.

Analysis of Key Players in Global Lens Cleaning Product Market

The global lens cleaning product market is consolidated, with a few large-scale vendors controlling majority of the share. Most firms are investing significantly in comprehensive R&D activities in different types of lens cleaning products. Expansion of product portfolios and mergers & acquisitions are the key strategies adopted by key players. Carson Optical, Inc., Radians, Inc., Carl Zeiss AG, Bausch & Lomb, Vortex Optics, DANYANG SHUANGCHENG MICRO-FIBRE WARE CO., LTD., Allegro Industries, Pyramex Safety Products LLC, Honeywell International Inc., and Surewerx are the prominent players operating in this market.

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