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Coloured Contact Lenses Market 2023- Industry Share, Key Players, Business Growth, Demand And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Coloured Contact Lenses Market Size, Growth Rate, And Forecast
The global coloured contact lenses market size is expected to grow from $3.27 billion in 2022 to $3.62 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The coloured contact lenses market is expected to grow to $5.19 billion in 2027 at a CAGR of 9.4%.
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Coloured Contact Lenses Market Drivers
An increasing number of eye disorders is expected to propel the growth of the colored contact lens market going forward. An eye disorder refers to various eye problems resulting in blindness and low vision that may be caused by infection, allergy, or vitamin deficiency. Colored contact lenses improve or change the appearance of the eye and can be used to address common visual disorders such as astigmatism, nearsightedness, or farsightedness.
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Coloured Contact Lenses Market Segments
1) By Product Type: Soft Contact Lenses, RGP Lenses, and Hybrid Lenses
2) By Material: Polymer, Hydrogen
3) By Application: With Vision Correction, Without Vision Correction
4) By End-Users: Retail Stores, Online Stores, Other Stores
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the colored contact lenses market.
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Coloured Contact Lenses Market Key Players
Major competitors in the colored contact lenses market include CooperVision Inc., Alcon, Bausch + Lomb, Menicon Co. Ltd., Johnson & Johnson, Carl Zeiss AG, Novartis AG, Hoya Corporation, QualiMed Srl.
The Business Research Company's "Global Coloured Contact Lenses Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Coloured Contact Lenses Market Include:
1. Executive Summary
2. Coloured Contact Lenses Market Characteristics
3. Coloured Contact Lenses Market Trends And Strategies
4. Coloured Contact Lenses Market - Macro Economic Scenario
5. Coloured Contact Lenses Market Size And Growth
.....
26. Africa Coloured Contact Lenses Market
27. Coloured Contact Lenses Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Coloured Contact Lenses Market
29. Coloured Contact Lenses Market Future Outlook and Potential Analysis
30. Appendix
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