Eye Care Product Market: Worldwide Industry Analysis and New Market Opportunities Explored

Human eyes are one of the sensitive organs of the human body. Eyes need as much care as the skin. Proper eye care not only prevents the threat of potential eye disease but also enhances the overall facial appearance.

Changing lifestyle, pollution, and prolonged exposure to digital devices such as tablets, mobiles, and TV and computer screens negatively affect the eyes, causing eye strain, dryness of eyes, and are also estimated to affect the vision. Eye strain results into fatigue, headache, and is likely to hamper an individual’s productivity. Hence, proper measures need to be taken to maintain eye health.

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As the human body ages, it is unable to retain moisture. This leads to dryness of eyes, dark circles, and wrinkles around the eyes, leaving a tired look on the face. There are various eye care products available in the market, which aid in maintaining the moisture, eliminate dark circles, and tighten the skin around the eyes, leading to healthier eyes.

The application of eye care creams helps improve lines, wrinkles, puffiness, dark circles, and uneven skin tone around the eyes and leaves a fresh, vibrant, and youthful look, thereby improving the overall appearance of the face. The usage of eye serums helps eliminate dark circles and improves the area around the eyes by making it appear plumper and bright. Furthermore, the usage of contact lenses and spectacles with UV light filter helps protect the eyes by filtering harmful radiations.

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Changing lifestyle and rising health consciousness among the general population are said to be key drivers of the eye care product market. Other factors such as prolonged exposure to digital devices, pollution leading to rising incidences of eye disorders, and technological advancements in the healthcare industry are expected to fuel the eye care product market.

However, the availability of counterfeit products is projected to hamper the eye care product market. Nevertheless, the rise in awareness pertaining to the eye health among the individuals is anticipated to positively impact the eye care product market.

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The eye care product market has been segmented based on type, end-user/application, and geography. Based on type, the market has been divided into cream, serum, and gel. Based on the end-user/application, the eye care product market has been segregated into sunscreen, for eye bags, for dark circles & puffiness, hydrating, and others. In terms of geography, the eye care market has been segregated into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

Major players operating in the eye care product market include P&G, PCA Skin, iS CLINICAL, Jan Marini Skin Research, Glyton, La Roche-Posay, SK-II, Estee lauder, L'oreal, Helena rubinstein, Shiseido, Ysl, Ipsa, Abbot, Rohoto group, and TheraTears.

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