Coloured Contact Lenses Market 2023 - Industry Share, Size, Trend Analysis, Key Drivers 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 2032

The Business Research Company's Coloured Contact Lenses Global Market Report 2023 identifies increasing number of eye disorders as the major driver for the coloured contact lenses market's growth in the forecast period. 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.

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%.

Download Free Sample Of Coloured Contact Lenses Market Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8291&type=smp

Major competitors in the coloured contact lenses market are CooperVision Inc., Alcon, Bausch + Lomb, Menicon Co. Ltd., Johnson & Johnson, Carl Zeiss AG, Novartis AG, Hoya Corporation.

A key trend in the coloured contact lenses market includes technological advancement . Major companies operating in the colored contact lens market are focused on innovating new technologies to sustain their position in the market. For instance, in July 2020, Perfect Corp., a US-based beauty tech solutions provider, partnered with a US-based multinational corporation, Johnson & Johnson, to launch contact lens AR virtual try-on within its ACUVUE flagship Taobao and WeChat mini-programs. This is the first colored contact lens virtual try-on service using AR technology that is available on Taobao and WeChat micro-programs. The precise eye position may be detected using Perfect Corp.'s cutting-edge facial recognition technology, which also enables a realistic AR virtual contact lens try-on. Colored contact lenses and AR+AI beauty technology are going beyond virtual makeup try-ons. This innovative online solution is expected to provide customers with a comprehensive, immersive, and hyper-realistic augmented reality beauty experience.

Read More On The Global Coloured Contact Lenses Market Report Here:
https://www.thebusinessresearchcompany.com/report/coloured-contact-lenses-global-market-report

The coloured contact lenses market is segmented -
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 coloured contact lenses market.

The Business Research Company's "Global Coloured Contact Lenses Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

Explore Buying Options For The Coloured Contact Lenses Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8291

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

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

This release was published on openPR.