Press release
Rising Prevalence Of Eye Disorders Ignites Surge In Colored Contact Lens Market: A Key Driver Powering Coloured Contact Lenses Market Growth In 2025
The Coloured Contact Lenses Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Coloured Contact Lenses Market Size Expected to Be by 2034?
The market size of coloured contact lenses has been expanding at a substantial pace over the past few years. It is projected to surge from $3.85 billion in 2024 to $4.24 billion in 2025, marking a compound annual growth rate (CAGR) of 10.2%. The remarkable growth during this historical period can be attributed to factors such as endorsement by celebrities, an increase in disposable income, influence of social media, globalization, as well as shifts in societal attitudes regarding cosmetic enhancements.
The market for coloured contact lenses is projected to expand substantially in the upcoming years, with its size anticipated to reach $6.41 billion in 2029, growing at a compound annual growth rate (CAGR) of 10.8%. The surge during the forecast period is due to factors such as the increasing aged population, the growth of e-commerce, collaborations with influencers, heightened attention to personal looks, and issues regarding health and safety. Key trends to watch in the forecast period encompass the use of biodegradable materials, the application of virtual try-on technologies, the initiation of subscription services, advancements in lens designs, and the introduction of wellness packaging.
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What Are the Emerging Segments Within the Coloured Contact Lenses Market?
The coloured contact lenses market covered in this report is segmented -
1) By Product Type: Soft Contact Lenses, RGP Lenses, 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
Subsegments:
1) By Soft Contact Lenses: Daily Disposable Soft Lenses, Bi-weekly Soft Lenses, Monthly Soft Lenses, Extended Wear Soft Lenses
2) By RGP Lenses (Rigid Gas Permeable): Custom RGP Lenses, Standard RGP Lenses
3) By Hybrid Lenses: Scleral Hybrid Lenses, Corneal Hybrid Lenses
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What Long-Term Drivers Are Shaping Coloured Contact Lenses Market Trends?
The rising prevalence of eye diseases is anticipated to boost the growth of the colored contact lens market. Eye disorders denote a range of eyesight issues leading to blindness or impaired vision, potentially caused by infections, allergies, or a lack of vitamins. Colored contact lenses enhance or alter the eye's look while also addressing common vision anomalies like astigmatism, nearsightedness, and farsightedness. To illustrate, NVISION Eye Centers, a nationwide eye care provider based in the US, stated in December 2022 that about 12 million Americans aged 40 or older experienced vision impairments in 2022, with nearly 1 million categorised as blind. Consequently, the escalation in eye diseases is fuelling the expansion of the colored contact lens market.
Who Are the Top Competitors in Key Coloured Contact Lenses Market Segments?
Major companies operating in the coloured contact lenses market include Johnson & Johnson, Alcon, Bausch + Lomb, CooperVision Inc., Clalen, TTDeye, Olens, NEO Vision, Vassen, Desio, Barbie Eyesland, Solotica, Camax Optical Corp., Clearlab SG Pte Ltd, FreshKon, Maxvue Vision, ColourVue, Sweety Plus, Adore Lenses, LensMe, EOS Lenses, Dueba, Geo Medical, FourVision, ICK Contacts, Beuberry, Princess Pinky, InnoVision, EyeCandys, Dreamcon
What Are the Major Trends Shaping the Coloured Contact Lenses Market?
Key players in the colored contact lens market are concentrating their efforts on product innovation to maintain their market standing. This includes the creation of unique items such as spooky colored contact lenses, designed to exude an uncanny, unearthly aura. For example, Unicoeye, a widely recognized colored contact lens brand from China, unveiled its Spooky Colored Contact Lenses in September 2022 in preparation for the festive Halloween season. The collection offers designs for both terrifying mythical creatures and imaginative cosplay, with distinctive color blends and frightful designs that impressively enhance any outfit. This Halloween selection is the perfect complement to any eye embellishment or facial artistry ideas, whether attending a fancy-dress event or looking to incorporate a burst of color to a Halloween outfit. The range delivers rare color fusion and spooky styles.
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Which Regions Are Becoming Hubs for Coloured Contact Lenses Market Innovation?
North America was the largest region in the colored contact lenses market in 2024. The regions covered in the coloured contact lenses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Coloured Contact Lenses Market?
2. What is the CAGR expected in the Coloured Contact Lenses Market?
3. What Are the Key Innovations Transforming the Coloured Contact Lenses Industry?
4. Which Region Is Leading the Coloured Contact Lenses Market?
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